Further Weakness as RealReal (NASDAQ:REAL) Drops 14% This Week, Taking Five-year Losses to 87%
Further Weakness as RealReal (NASDAQ:REAL) Drops 14% This Week, Taking Five-year Losses to 87%
Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with anyone who was caught holding The RealReal, Inc. (NASDAQ:REAL) during the five years that saw its share price drop a whopping 87%. And the share price decline continued over the last week, dropping some 14%. While a drop like that is definitely a body blow, money isn't as important as health and happiness.
长期投资行之有效,但并不总是适用于每只股票。当我们看到其他投资者遭受损失时,这让我们大吃一惊。例如,我们对任何在股价暴跌87%的五年中被抓获持有RealReal公司(纳斯达克股票代码:REAL)的人表示同情。上周股价继续下跌,下跌了约14%。虽然这样的下降绝对是沉重的打击,但金钱并不像健康和幸福那么重要。
With the stock having lost 14% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
由于该股在过去一周下跌了14%,值得一看业务表现,看看是否有任何危险信号。
Because RealReal made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
由于RealReal在过去十二个月中亏损,我们认为至少目前市场可能更加关注收入和收入增长。一般而言,没有利润的公司预计每年收入将增长,而且速度很快。可以想象,收入的快速增长如果持续下去,通常会带来利润的快速增长。
Over five years, RealReal grew its revenue at 18% per year. That's better than most loss-making companies. So on the face of it we're really surprised to see the share price has averaged a fall of 13% each year, in the same time period. You'd have to assume the market is worried that profits won't come soon enough. While there might be an opportunity here, you'd want to take a close look at the balance sheet strength.
在过去的五年中,RealReal的收入以每年18%的速度增长。这比大多数亏损的公司要好。因此,从表面上看,看到同期股价平均每年下跌13%,我们感到非常惊讶。你必须假设市场担心利润不会很快到来。尽管这里可能有机会,但你需要仔细看看资产负债表的实力。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
公司的收入和收益(随着时间的推移)如下图所示(点击查看确切数字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-057649267501d75e59d90017c89550a4-0-479d12da6668415a26f22e27c6f441e4.png/big)
We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. So we recommend checking out this free report showing consensus forecasts
我们喜欢内部人士在过去十二个月中一直在购买股票。即便如此,未来的收益对于当前股东是否赚钱将更为重要。因此,我们建议您查看这份显示共识预测的免费报告
A Different Perspective
不同的视角
We're pleased to report that RealReal shareholders have received a total shareholder return of 28% over one year. There's no doubt those recent returns are much better than the TSR loss of 13% per year over five years. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. 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 - RealReal has 4 warning signs (and 1 which is concerning) we think you should know about.
我们很高兴地向大家报告,RealReal的股东在一年内获得了28%的总股东回报率。毫无疑问,最近的回报远好于五年内每年13%的股东总收入损失。长期亏损使我们保持谨慎,但短期股东总回报率的增长无疑暗示着更光明的未来。我发现将长期股价视为业务绩效的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,冒险吧——RealReal有4个警告信号(其中一个令人担忧),我们认为你应该知道。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar).
如果你想和管理层一起购买股票,那么你可能会喜欢这份免费的公司清单。(提示:它们中的大多数都在雷达下飞行)。
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,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
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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.
对这篇文章有反馈吗?对内容感到担忧吗?请直接联系我们。或者,也可以发送电子邮件至编辑团队 (at) simplywallst.com。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对这篇文章有反馈吗?担心内容吗?直接联系我们。或者,发送电子邮件至 editorial-team@simplywallst.com