At US$755, Is It Time To Put Graham Holdings Company (NYSE:GHC) On Your Watch List?
At US$755, Is It Time To Put Graham Holdings Company (NYSE:GHC) On Your Watch List?
While Graham Holdings Company (NYSE:GHC) might not have the largest market cap around , it saw significant share price movement during recent months on the NYSE, rising to highs of US$819 and falling to the lows of US$689. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Graham Holdings' current trading price of US$755 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Graham Holdings's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
格雷厄姆控股公司(NYSE:GHC)虽然市值并不是最大的,但在纽约证交所最近几个月的股价波动明显,升至美元的最高点819美元,跌至最低点689美元。有些股价波动可能为投资者提供更好的进入股票市场的机会,或者在低价时买入该股。目前的问题是,格雷厄姆控股公司的当前交易价格755美元是否反映了该中等市值股票的实际价值?或者它目前被低估了,为我们提供了买入的机会?让我们根据最近的财务数据来看看格雷厄姆控股公司的前景和价值,看是否存在任何触发价格变动的因素。
What's The Opportunity In Graham Holdings?
格雷厄姆控股有什么机会?
According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 25.05x is currently well-above the industry average of 19.96x, meaning that it is trading at a more expensive price relative to its peers. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that Graham Holdings's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.
根据我们的价格多重模型,我们将公司的市盈率与行业平均水平相比较,发现该股票目前显得过于昂贵。我们在这个例子中使用市盈率是因为还没有足够的可见性来预测其现金流。该股票的25.05倍市盈率目前远高于行业平均水平的19.96倍,这意味着相对于同行业股票而言,该股票的价格更昂贵。如果你喜欢这只股票,可能要密切关注未来可能出现的价格下跌。由于格雷厄姆控股公司的股票价格比较波动(即其价格波动相对于市场其他股票放大),这可能意味着价格可能会下降,从而为我们提供未来再次购买的机会。这是基于高贝塔,这是股票价格波动的良好指标。
Can we expect growth from Graham Holdings?
我们可以期待格雷厄姆控股的增长吗?
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Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With revenues expected to grow by a double-digit 11% over the next couple of years, the outlook is positive for Graham Holdings. If the level of expenses is able to be maintained, it looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
如果投资者想在他们的投资组合中寻找增长,可能希望在购买股票之前考虑一家公司的前景。购买具有良好前景和便宜价格的优质公司始终是一项不错的投资,所以让我们也来看一下该公司的未来展望。随着预计未来几年营业收入将增长11%,格雷厄姆控股公司的前景是积极的。如果能够维持支出水平,这只股票的现金流可能会增加,这将反映在更高的股票估值中。
What This Means For You
这对您意味着什么?
Are you a shareholder? GHC's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe GHC should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
您是股东吗?格雷厄姆控股公司乐观的未来增长似乎已被考虑进了当前股价,其股票交易价格高于行业价格倍数。在当前价格下,股东可能会问不同的问题-我应该卖出吗?如果你认为GHC的交易价格应该低于当前价格,那么在其价格回落到行业市盈率水平时高价出售并回购股票是有盈利空间的。但在做出这个决定之前,先看看它的基本面是否有变化。
Are you a potential investor? If you've been keeping an eye on GHC for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for GHC, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.
您是潜在的投资者吗?如果您一直在关注格雷厄姆控股公司,现在可能不是买进股票的最好时机。股票价格已超过同行业股票,这意味着价格已接近合理价值,可能不存在更多的错价。然而,该公司的积极前景仍然值得深入探究其他因素,以利用未来可能的股价下跌。
If you want to dive deeper into Graham Holdings, you'd also look into what risks it is currently facing. For example, we've found that Graham Holdings has 2 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.
如果你想更深入地了解格雷厄姆控股公司,你还需要了解它当前面临的风险。例如,我们发现格雷厄姆控股公司有两个警告信号(其中一个有问题!),这需要你在进行分析之前引起注意。
If you are no longer interested in Graham Holdings, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你对格雷厄姆控股公司不再感兴趣,你可以使用我们的免费平台查看我们的超过50种其他具有高成长潜力的股票列表。
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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。