Investing in Red Rock Resorts (NASDAQ:RRR) Five Years Ago Would Have Delivered You a 227% Gain
Investing in Red Rock Resorts (NASDAQ:RRR) Five Years Ago Would Have Delivered You a 227% Gain
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, you can make far more than 100% on a really good stock. For example, the Red Rock Resorts, Inc. (NASDAQ:RRR) share price has soared 174% in the last half decade. Most would be very happy with that. It's also good to see the share price up 14% over the last quarter. The company reported its financial results recently; you can catch up on the latest numbers by reading our company report.
购买股票后(假设没有杠杆),最糟糕的结果就是你会失去你投入的所有资金。但好的是,你也可以在一只真正好的股票上获得超过100%的回报。以红岩度假村(Red Rock Resorts, Inc.)(纳斯达克:RRR)为例,股价在过去五年里飙升了174%。多数人会对此感到非常高兴。股价在过去一个季度也上涨了14%。公司最近报告了其财务数据,你可以阅读我们的公司报告了解最新数据。
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
现在值得更详细地了解该公司的基本面,因为这将帮助我们判断长期股东回报是否与基础业务的表现相匹配。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
引用本杰明·格雷厄姆的话:短期内市场是一个投票机,但长期来看它是一个称重机。评估公司周边环境的情绪变化的一种有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。
Over half a decade, Red Rock Resorts managed to grow its earnings per share at 45% a year. This EPS growth is higher than the 22% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock.
在过去的五年里,红岩度假村成功实现每股收益年均增长45%。这种每股收益增长高于股价平均每年增长22%。因此可以得出结论,整个市场对这只股票更加谨慎。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
该公司的每股收益(随时间的推移)如下图所示(单击可查看确切数字)。
![1724927391296](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240829/43060140-0-e246355b3530935b43d2e5bf8bf1956c.webp/bigjpg)
It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here..
很高兴看到近三个月内有一些重要的内部买入。这是一个积极的信号。但是,我们认为盈利和营收增长趋势更重要。在买入或卖出股票之前,我们总是建议仔细研究历史增长趋势,可以在这里获得相关数据。
What About Dividends?
那么分红怎么样呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Red Rock Resorts, it has a TSR of 227% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!
考虑到任何特定股票的总股东回报和股价回报都很重要。TSR计算了分红派息、股本折价融资等价值,并假设分红派息再投资。可以说,TSR给出了一幅更全面的股票回报图景。以Red Rock Resorts为例,过去5年TSR达到了227%。这超过了我们之前提到的股价回报。猜猜看,分红支付在很大程度上解释了这种差异!
A Different Perspective
不同的观点
It's nice to see that Red Rock Resorts shareholders have received a total shareholder return of 36% over the last year. That's including the dividend. That's better than the annualised return of 27% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand Red Rock Resorts better, we need to consider many other factors. For example, we've discovered 3 warning signs for Red Rock Resorts (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
很高兴看到Red Rock Resorts股东在过去一年里获得了36%的总股东回报。这包括分红派息。这比过去半年的年化回报率27%要好,表明公司近来的表现更好。考虑到股价势头仍然强劲,不妨更仔细地研究一下这只股票,以免错过机会。长期跟踪股价表现总是很有趣。但要更好地理解Red Rock Resorts,我们需要考虑许多其他因素。例如,我们发现了3个警告信号提示Red Rock Resorts(其中一个让我们有点不舒服!),在投资这里之前应该注意。
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).
如果您喜欢与管理层共同购买股票,那么您可能会喜欢这个免费的公司列表(提示:大多数公司没有受到关注)。
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。
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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.
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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。