Unitil (NYSE:UTL) Ticks All The Boxes When It Comes To Earnings Growth
Unitil (NYSE:UTL) Ticks All The Boxes When It Comes To Earnings Growth
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
对初学者来说,买一个向投资者讲述一个好故事的公司可能是个好主意(也是一个令人兴奋的前景),即使它当前缺乏营业收入和利润的记录。不幸的是,这些高风险投资通常几乎没有可能得到回报,而许多投资者为了吸取教训付出了代价。亏损的公司还没有通过盈利证明自己,最终外部资本的流入可能会枯竭。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Unitil (NYSE:UTL). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.
尽管处于科技股蓝天投资时代,许多投资者仍采用更传统的策略;购买类似Unitil(纽交所:UTL)这样的盈利公司的股票。虽然投资时不应仅考虑利润作为度量标准,但值得注意的是,能够持续产生利润的公司亦需重视。
How Quickly Is Unitil Increasing Earnings Per Share?
Unitil的每股收益增长速度有多快?
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. Over the last three years, Unitil has grown EPS by 7.6% per year. This may not be setting the world alight, but it does show that EPS is on the upwards trend.
通常,收益每股增长(EPS)增长的公司应该会看到类似的股价趋势。因此,经验丰富的投资者在进行投资研究时应该密切关注企业的EPS。在过去的三年中,Unitil的EPS年复合增长率为7.6%。这可能不会让人眼前一亮,但显示了EPS处于上升趋势。
It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Unitil's EBIT margins have actually improved by 3.8 percentage points in the last year, to reach 18%, but, on the flip side, revenue was down 13%. While not disastrous, these figures could be better.
了解企业增长品质的另一个角度往往可以通过查看利息和税前利润(EBIT)率以及营业收入增长情况。Unitil的EBIT利润率在过去一年中实际上提高了3.8个百分点,达到了18%,但与此同时,营业收入下降了13%。虽然这些数字并非灾难性,但它们可能会更好。
The chart below shows how the company's bottom and top lines have progressed over time. To see the actual numbers, click on the chart.
下面的图表显示了公司的营业收入和收益是如何随时间变化的。要查看实际数字,请单击图表。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240716/0-93672fdd31ce7ff2f141ef5637780bff-0-966ed2604946124483f4000ae5698350.png/big)
While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Unitil?
我们生活在当下,无疑未来最重要。所以,为什么不查看这张描绘Unitil未来EPS估计的互动图表呢?
Are Unitil Insiders Aligned With All Shareholders?
Unitil内部人士是否与所有股东一致?如果内部人士也持有股票,创造了与普通股东紧密的一致,这对股东来说是有安全感的。因此,很高兴看到Unitil内部人士对该股票已投入大量资本。实际上,他们持有价值2000万美元的股票。这是一笔巨款,也是一个高额的激励资金。尽管只占公司的约2.2%,但足以表明企业领导人和普通股东之间的一致。
It should give investors a sense of security owning shares in a company if insiders also own shares, creating a close alignment their interests. So it is good to see that Unitil insiders have a significant amount of capital invested in the stock. Indeed, they hold US$20m worth of its stock. That's a lot of money, and no small incentive to work hard. Even though that's only about 2.2% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders.
尽管总是很高兴看到内部人士通过大量投资来表达对企业的强烈信念,但股东也很重要,问一问管理层的薪酬政策是否合理。对CEO薪酬的简要分析表明,他们是合理的。对于市值在4000万美元至16亿美元之间的公司,如Unitil,CEO薪酬中位数约为330万美元。
While it's always good to see some strong conviction in the company from insiders through heavy investment, it's also important for shareholders to ask if management compensation policies are reasonable. A brief analysis of the CEO compensation suggests they are. For companies with market capitalisations between US$400m and US$1.6b, like Unitil, the median CEO pay is around US$3.3m.
Unitil CEO在截至2023年12月的一年中获得了260万美元的报酬。这低于类似规模公司的平均水平,看起来相当合理。虽然CEO薪水水平不应该是评估公司的最大因素,但薪酬适度是一个积极的信号,因为它表明管理层将股东利益放在心中。一般而言,合理的薪酬水平可以证明良好的决策。
The Unitil CEO received US$2.6m in compensation for the year ending December 2023. That comes in below the average for similar sized companies and seems pretty reasonable. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. Generally, arguments can be made that reasonable pay levels attest to good decision-making.
Unitil的每股收益正在增长,这是一个积极的因素。EPS在增长是Unitil的优点,不过还有一个好消息。拥有相当数量的内部人士持股和合理的CEO薪酬,一个理性的人可能会得出结论,这是一个值得关注的股票。在您采取下一步之前,您应该知道我们揭示的Unitil的2个警示信息(1个有点令人担忧)。
Does Unitil Deserve A Spot On Your Watchlist?
Unitil值得进入您的自选名单吗?
One positive for Unitil is that it is growing EPS. That's nice to see. The fact that EPS is growing is a genuine positive for Unitil, but the pleasant picture gets better than that. With a meaningful level of insider ownership, and reasonable CEO pay, a reasonable mind might conclude that this is one stock worth watching. Before you take the next step you should know about the 2 warning signs for Unitil (1 is a bit concerning!) that we have uncovered.
对于Unitil来说,一个积极的因素是它的EPS正在增长。这是一个好消息。EPS增长是Unitil的优点,但愉快的景象不止如此。拥有相当数量的内部人士持股和合理的CEO薪酬,一个理性的人可能会得出结论,这是一个值得关注的股票。在您采取下一步之前,您应该知道我们揭示的Unitil的2个警示信息(1个有点令人担忧!)。
Although Unitil certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of companies that not only boast of strong growth but have strong insider backing.
虽然Unitil看起来确实不错,但如果内部人士购买了这家公司的股票,它可能会吸引更多的投资者。如果您喜欢看到更多内部人士的参与,请查看这些手动筛选的公司,它们不仅具有强大的增长,而且有强大的内部支持。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意,本文讨论的内部交易是指在相关司法管辖区中报告的交易。
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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
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