Investing in Western Digital (NASDAQ:WDC) a Year Ago Would Have Delivered You a 97% Gain
Investing in Western Digital (NASDAQ:WDC) a Year Ago Would Have Delivered You a 97% Gain
The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Western Digital Corporation (NASDAQ:WDC) share price is up 97% in the last 1 year, clearly besting the market return of around 20% (not including dividends). So that should have shareholders smiling. Having said that, the longer term returns aren't so impressive, with stock gaining just 7.9% in three years.
投资股票的最简单方法是购买交易所交易基金。但是,通过挑选高于平均水平的股票(作为分散投资组合的一部分)可以做得更好。例如,西部数据公司(NASDAQ:WDC)的股价在过去1年中上涨了97%,明显优于市场回报约20%(不包括红利)。因此,股东们应该会笑逐颜开。尽管如此,长期回报并不那么令人印象深刻,股票在三年内仅上涨了7.9%。
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
让我们长期看一下潜在的基本面,看看它们是否与股东回报一致。
Given that Western Digital didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually desire strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
考虑到西部数据公司在过去十二个月内未盈利,我们将专注于营业收入增长,以快速了解其业务发展。未盈利公司的股东通常希望营业收入增长强劲,想必您也能想象,当保持快速营业收入增长时,往往会带来快速利润增长。
In the last year Western Digital saw its revenue shrink by 16%. Despite the lack of revenue growth, the stock has returned a solid 97% the last twelve months. To us that means that there isn't a lot of correlation between the past revenue performance and the share price, but a closer look at analyst forecasts and the bottom line may well explain a lot.
在过去一年中,西部数据公司的营收下降了16%。尽管营收增长不足,但股票在过去一年中回报了可观的97%。我们认为这意味着过去的营收表现与股价之间没有很大的相关性,但是对分析师的预测和底线进行更详细的调查可能会解释很多问题。
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
下面的图表显示了收益和营收随时间的变化情况(通过单击图像揭示确切的值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240701/0-46ea16342cfdf8db042ff8811d4c6924-0-f825beff7234db735a80cfc82e81ad11.png/big)
Western Digital is well known by investors, and plenty of clever analysts have tried to predict the future profit levels. So it makes a lot of sense to check out what analysts think Western Digital will earn in the future (free analyst consensus estimates)
西部数据是广受投资者认知的公司,许多聪明的分析师试图预测未来的利润水平。因此,检查分析师对西部数据未来赚取的盈利预测是非常有意义的(免费分析师一致预估)。
A Different Perspective
不同的观点
It's good to see that Western Digital has rewarded shareholders with a total shareholder return of 97% in the last twelve months. That gain is better than the annual TSR over five years, which is 9%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - Western Digital has 3 warning signs (and 1 which is a bit concerning) we think you should know about.
很高兴看到西部数据公司在过去12个月里以总股东回报率达到了97%的丰厚回报来回报股东。该收益率优于五年的年度总股东回报率,为9%。因此,公司的情绪环境近来似乎非常积极。考虑到股价动能仍然强劲,详细查看股票可能是值得的,以免错过机会。我认为,长期内股价表现是业务表现的代理,这也很有趣。但是,要真正获得洞察力,我们还需要考虑其他信息。例如,承担风险——对于西部数据公司,我们认为您应该了解以下3个警告信号(其中1个有点让人担忧)。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
当然,您可能在其他地方找到一家出色的企业进行投资。因此,请查看我们预计将实现盈利增长的公司的免费列表。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意,本文所引述的市场回报反映了目前在美国交易所上市的股票的市场加权平均回报。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者发送电子邮件至editorial-team@simplywallst.com。