Patterson-UTI Energy (NASDAQ:PTEN) Shareholders Have Lost 27% Over 1 Year, Earnings Decline Likely the Culprit
Patterson-UTI Energy (NASDAQ:PTEN) Shareholders Have Lost 27% Over 1 Year, Earnings Decline Likely the Culprit
Investors can approximate the average market return by buying an index fund. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. For example, the Patterson-UTI Energy, Inc. (NASDAQ:PTEN) share price is down 29% in the last year. That falls noticeably short of the market return of around 25%. On the other hand, the stock is actually up 12% over three years. Furthermore, it's down 17% in about a quarter. That's not much fun for holders.
投資者可以通過購買指數基金來近似平均市場回報。雖然個別股票可能會獲得不少收益,但很多股票未能產生令人滿意的回報。例如,Patterson-UTI Energy, Inc. (納斯達克:PTEN) 股票價格在過去一年中下跌了29%。這明顯低於市場回報率約25%。與此相反,該股票實際上在過去三年中上漲了12%。此外,它在約一個季度的時間內下跌了17%。這對持有者來說並不好玩。
After losing 3.2% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
在上一週下跌3.2%之後,值得調查該公司的基本面,以了解其過去表現能夠說明什麼。
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 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).
用本傑明·格雷厄姆的話來說:“短期市場是一臺投票機,但長期市場是一臺稱重機”。檢查市場情緒如何隨時間推移變化的一種方式是查看公司股價和每股收益(EPS)之間的相互作用。
Unfortunately Patterson-UTI Energy reported an EPS drop of 54% for the last year. This fall in the EPS is significantly worse than the 29% the share price fall. It may have been that the weak EPS was not as bad as some had feared.
不幸的是,過去一年中 Patterson-UTI Energy 報告的每股收益下降了54%。這比股價下跌29%要嚴重得多。可能是因爲弱勢每股收益並不像一些人擔心的那樣糟糕。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了EPS隨時間的變化情況(如果您單擊該圖像,則可以查看更多詳細信息)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240712/0-179caff1062ca6d8f0039e53900b15c7-0-aae1d4194852686faec7bfe323910c29.png/big)
It is of course excellent to see how Patterson-UTI Energy has grown profits over the years, but the future is more important for shareholders. You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
看到 Patterson-UTI Energy 多年來利潤增長是非常好的,但對股東來說未來更重要。您可以在這個免費的交互式圖表中看到它的資產負債表如何隨着時間的推移得到加強(或削弱)。
A Different Perspective
不同的觀點
Patterson-UTI Energy shareholders are down 27% for the year (even including dividends), but the market itself is up 25%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 0.3% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Patterson-UTI Energy better, we need to consider many other factors. For example, we've discovered 5 warning signs for Patterson-UTI Energy (1 is concerning!) that you should be aware of before investing here.
Patterson-UTI Energy 股東在今年(包括股息)損失了27%,而市場本身卻上漲了25%。但是請記住,即使最好的股票有時也會在十二個月的時間內表現不及市場。光明的一面是,長揸者已經賺到了0.3%的年收益率,持續了半個十年。如果基本數據繼續表明長期可持續增長,當前的拋售可能是值得考慮的機會。了解股價的長期表現總是有趣的。但要更好地了解 Patterson-UTI Energy,我們需要考慮許多其他因素。例如,我們已經發現了5個 Patterson-UTI Energy 的警示信號(1個令人關注!),在這裏投資之前,您應該知道這些警示信號。
But note: Patterson-UTI Energy may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但請注意,Patterson-UTI Energy 可能不是最好的股票,因此您可以查看以下這份免費的收益增長(以及進一步收益預測)有趣公司的列表。
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?關注內容?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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? 對內容感到擔憂? 請直接與我們聯繫。 或者,發送電子郵件至editorial-team@simplywallst.com。