America's Car-Mart (NASDAQ:CRMT) Shareholders Are up 14% This Past Week, but Still in the Red Over the Last Three Years
America's Car-Mart (NASDAQ:CRMT) Shareholders Are up 14% This Past Week, but Still in the Red Over the Last Three Years
While it may not be enough for some shareholders, we think it is good to see the America's Car-Mart, Inc. (NASDAQ:CRMT) share price up 21% in a single quarter. But that doesn't change the fact that the returns over the last three years have been disappointing. In that time, the share price dropped 54%. Some might say the recent bounce is to be expected after such a bad drop. After all, could be that the fall was overdone.
雖然對於一些股東來說可能還不夠,但我們認爲,America's Car-Mart股票(納斯達克:CRMT)在一個季度內上漲了21%,這是件好事。但這並不能改變過去三年的回報令人失望這一事實。在這段時間裏,股價下跌了54%。有人可能會說,經過這樣一個大跌之後,最近的反彈是可以預期的。畢竟,有可能是跌幅過大。
While the last three years has been tough for America's Car-Mart shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.
雖然過去三年對於America's Car-Mart的股東來說很艱難,但上週顯示出了一些希望的跡象。因此,讓我們看看長期的基本面,並查看它們是否是負回報的驅動力。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
引用巴菲特的話:“船隻將周遊世界,而‘地平派’仍會興旺。市場上的價格和價值仍會存在廣泛的差距……”考慮一家公司在市場上的認知如何變化的一個不完美但簡單的方法是比較每股收益(EPS)的變化和股價的波動。
Over the three years that the share price declined, America's Car-Mart's earnings per share (EPS) dropped significantly, falling to a loss. Due to the loss, it's not easy to use EPS as a reliable guide to the business. However, we can say we'd expect to see a falling share price in this scenario.
在股價下跌的三年中,America's Car-Mart每股收益(EPS)顯著下降,降至虧損。由於虧損,很難將EPS作爲業務的可靠指南。然而,在這種情況下,我們可以說我們預計會看到股價下跌。
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)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240714/0-c443f9668ef3da14df836078941a554d-0-77aa4d16c24a0051569d3b344115926c.png/big)
We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on America's Car-Mart's earnings, revenue and cash flow.
我們喜歡看到內部人過去12個月中一直在購買股票。儘管如此,大多數人認爲盈利和營收增長趨勢是業務更有意義的指南。了解America's Car-Mart的盈利,營收和現金流的免費報告可能非常有價值。
A Different Perspective
不同的觀點
America's Car-Mart shareholders are down 35% for the year, but the market itself is up 24%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 4% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 1 warning sign for America's Car-Mart that you should be aware of.
美國汽車行的股東投資回報率今年下降了35%,但市場整體上漲了24%。然而,請記住,即使是最好的股票有時也可能在十二個月的時間內表現不佳。不幸的是,去年的表現是一個糟糕的開端,五年中股東面臨年均總損失4%。一般來說,長期股價疲軟可能是個不好的跡象,儘管反對派投資者可能想研究該股票,希望實現逆轉。我發現觀察股價長期表現作爲業務績效的代理非常有趣。但是,爲了真正獲得洞察力,我們還需要考慮其他信息。例如,我們已經確定了美國汽車行的1個警告信號,您應該知道。
America's Car-Mart is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket.
America's Car-Mart不是唯一一家內部人在購買股票的公司。對於那些喜歡尋找較少知道的公司的人來說,這個免費的增長公司列表伴隨着最近的內幕交易可能是一個不錯的選擇。
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.
對本文有任何反饋?對內容有任何疑慮?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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。