The Past Three Years for Labcorp Holdings (NYSE:LH) Investors Has Not Been Profitable
The Past Three Years for Labcorp Holdings (NYSE:LH) Investors Has Not Been Profitable
Many investors define successful investing as beating the market average over the long term. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term Labcorp Holdings Inc. (NYSE:LH) shareholders have had that experience, with the share price dropping 26% in three years, versus a market return of about 19%.
許多投資者將成功投資定義爲長期跑贏市場平均水平。但是,挑選股票的風險在於你可能會購買表現不佳的公司。遺憾的是,長揸 Labcorp Holdings Inc. (NYSE:LH) 股票的股東們便有過這種經歷——在過去三年中,公司股價下跌了26%,而市場回報約爲19%。
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
那麼我們來看看這家公司的長期表現是否符合其業務進展情況。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
雖然有效市場假說仍然被一些人教授,但被證明市場是過度反應的動態系統,投資者並不總是理性的。檢查市場情緒如何隨時間變化的一種方法是看一個公司的股價與其每股收益(EPS)之間的交互作用。
Labcorp Holdings saw its EPS decline at a compound rate of 44% per year, over the last three years. This fall in the EPS is worse than the 10% compound annual share price fall. So the market may not be too worried about the EPS figure, at the moment -- or it may have previously priced some of the drop in.
在過去三年中,Labcorp Holdings的每股收益年複合下降了44%,比每股收益年複合下跌了10%更糟糕。因此,市場目前可能並不太擔心每股收益數據,或者它可能已經預先定價了這部分下跌。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
下面可以看到每股收益隨時間的變化情況(通過點擊圖像來查看確切數值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240628/0-cbffc940edc416dccba8f5fd405e3927-0-893d282272291d131fe0300e5485da95.png/big)
This free interactive report on Labcorp Holdings' earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果你想進一步調查這隻股票,那麼了解 Labcorp Holdings 的收益、收入和現金流等方面的信息,可以從這份免費的交互式報告入手。
What About Dividends?
那麼分紅怎麼樣呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Labcorp Holdings, it has a TSR of -12% for the last 3 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.
對於任何一隻個股來說,考慮總股東回報率以及股價回報率同等重要。總股東回報率是一種回報計算方法,它考慮了現金股利(假設任何獲得的股利都被再投資了)和任何折價的資本募集和分拆的計算價值。因此,對於那些支付慷慨股利的公司而言,總股東回報率往往比股價回報率高得多。對於 Labcorp Holdings,過去三年其總股東回報率爲-12%,超過了我們之前提到的股價回報率。公司支付的股息已經支撐了總股東回報。
A Different Perspective
不同的觀點
Labcorp Holdings provided a TSR of 0.6% over the last twelve months. Unfortunately this falls short of the market return. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 7% over five years. Maybe the share price is just taking a breather while the business executes on its growth strategy. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For instance, we've identified 4 warning signs for Labcorp Holdings that you should be aware of.
Labcorp Holdings在過去12個月內提供了0.6%的TSR。不幸的是,這低於市場回報。公司有一個更好的長期業績記錄,過去五年中每年爲股東提供7%的TSR,這可能是股價在執行其成長策略時休息一下的好跡象。雖然考慮市場情況可能對股價的影響很值得,但還有其他更重要的因素。例如,我們已經確認Labcorp Holdings存在4個警告信號,您應該注意。
For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找獲勝投資的人來說,最近有內部購買的低估公司免費列表可能是一個很好的選擇。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文所引述的市場回報反映了目前在美國交易所上市的股票的市場加權平均回報。
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