Here's Why We Think Centene (NYSE:CNC) Might Deserve Your Attention Today
Here's Why We Think Centene (NYSE:CNC) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.
即便是購買沒有任何收入不用說利潤更爲稀少的故事股,投資者通常也會被發現“下一個大熱門”的想法所引導。但實際情況是,當一家公司長期虧損時,其投資者通常會分攤這些虧損。虧損的公司可以像資本海綿一樣,吸收投資資金,因此投資者應該小心,不要在錯誤後扔掉好的資金。
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 Centene (NYSE:CNC). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing.
儘管身處科技股藍天投資時代,但許多投資者仍採用更傳統的策略;購買像康西哥(紐交所:CNC)這樣的盈利公司的股份。儘管這並不一定意味着它被低估,但業務的盈利足以引起一些欣賞 - 尤其是如果它在增長。
How Quickly Is Centene Increasing Earnings Per Share?
康西哥的每股收益增長速度有多快?
The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Centene managed to grow EPS by 6.5% per year, over three years. While that sort of growth rate isn't anything to write home about, it does show the business is growing.
市場在短期內是一臺投票機,但在長期內是一臺稱重機,因此你期望股價最終將跟隨每股收益(EPS)的結果。因此,有很多投資者喜歡買入增長EPS的公司的股票。康西哥成功地實現了每年6.5%的EPS增長率,在三年內。儘管這種增長率並不是驚人,但它確實表明了業務在增長。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Not all of Centene's revenue this year is revenue from operations, so keep in mind the revenue and margin numbers used in this article might not be the best representation of the underlying business. Centene maintained stable EBIT margins over the last year, all while growing revenue 4.3% to US$143b. That's encouraging news for the company!
仔細考慮營業收入增長和利息和稅前利潤率(EBIT)可以幫助了解最近盈利增長的可持續性。康西哥今年的所有營業收入並不完全算作營業收入,因此請記住,本文中使用的營業收入和利潤率數字可能不是該基礎業務的最佳代表。康西哥在過去一年中保持了穩定的EBIT利潤率,同時營業收入增長了4.3%,達到了1430億美元。這對公司來說是令人鼓舞的好消息!從營業運營中NYSE:CNC的收益和營業收入歷史 2024年6月26日
You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.
您可以查看下面的圖表,以查看公司的收入和利潤增長趨勢。單擊圖表可查看確切數字。
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240626/0-38e247b5779cd3ba5a2ea1ab55c71a3a-0-eac3ca257fe0efd66d88a33335c20213.png/big)
The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for Centene's future EPS 100% free.
作爲投資者,訣竅是找到那些將要由於康西哥的規模很大,我們不會指望內部人士擁有該公司的大部分股份。但由於他們對該公司的投資,非常高興地看到仍有與股東行動相一致的激勵。值得注意的是,他們在該公司擁有令人羨慕的股份,價值1.28億美元。我們注意到,這相當於該公司的0.4%,可能由於康西哥的龐大規模而很小,但仍值得一提。這仍然是管理者最大化股東價值的一個很好的激勵。
Are Centene Insiders Aligned With All Shareholders?
由於Centene的市值爲380億美元,我們不會希望內部人士持有大量股票。但我們可以通過事實證明,他們已經投資了該公司來獲得保證。事實上,他們已經在該公司投資了相當數量的財富,目前價值143百萬美元。我們注意到,這相當於公司的0.4%,這可能由於Centene的規模過大而很小,但仍值得一提。這仍然表明,股東和管理層之間存在一定程度的一致性。
Owing to the size of Centene, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Notably, they have an enviable stake in the company, worth US$128m. We note that this amounts to 0.4% of the company, which may be small owing to the sheer size of Centene but it's still worth mentioning. This should still be a great incentive for management to maximise shareholder value.
您應該將康西哥加入自選股嗎?康西哥一個重要的鼓舞人心的特徵是它正在不斷增加利潤。如果僅有這些特點還不夠,還有非常顯著的內部所有權水平。這兩個因素都是該公司的巨大亮點,應該是您自選股票的有力競爭者。當然,僅因康西哥在增長並不意味着它被低估。如果您想了解估值,請查看其市盈率的儀表盤,以與其所在行業進行比較。
Should You Add Centene To Your Watchlist?
您應該將康西哥加入自選股嗎?
One important encouraging feature of Centene is that it is growing profits. If that's not enough on its own, there is also the rather notable levels of insider ownership. These two factors are a huge highlight for the company which should be a strong contender your watchlists. Of course, just because Centene is growing does not mean it is undervalued. If you're wondering about the valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
康西哥一個重要的鼓舞人心的特徵是它正在不斷增加利潤。如果僅有這些特點還不夠,還有非常顯著的內部所有權水平。這兩個因素都是該公司的巨大亮點,應該是您自選股票的有力競爭者。當然,僅因康西哥在增長並不意味着它被低估。如果您想了解估值,請查看其市盈率的儀表盤,以與其所在行業進行比較。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by significant insider holdings.
總有可能買入沒有利潤增長和沒有內部人買入股票的股票而獲得好的回報。但對於那些認爲這些指標很重要的人,我們鼓勵您查看具備這些特徵的公司。您可以訪問定製的馬來西亞公司列表,其中這些公司已經證明了由內部人擁有的重要性所支持的成長。不應成長收益的公司中並展示沒有但對於那些認爲這些指標很重要的人來說,我們鼓勵您查看那些具有這些特徵的公司。您可以查看由內部人士持有股份支持的增長的定製公司列表。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,也可以發送電子郵件至editorial-team@simplywallst.com