Weibo's (NASDAQ:WB) Earnings Trajectory Could Turn Positive as the Stock Rises 3.6% This Past Week
Weibo's (NASDAQ:WB) Earnings Trajectory Could Turn Positive as the Stock Rises 3.6% This Past Week
As every investor would know, not every swing hits the sweet spot. But really big losses can really drag down an overall portfolio. So take a moment to sympathize with the long term shareholders of Weibo Corporation (NASDAQ:WB), who have seen the share price tank a massive 84% over a three year period. That'd be enough to cause even the strongest minds some disquiet. And the ride hasn't got any smoother in recent times over the last year, with the price 40% lower in that time. Furthermore, it's down 22% in about a quarter. That's not much fun for holders. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway.
正如每位投資者所知道的,不是每一次波動都能夠命中最佳時機。但真正的大幅度虧損確實會顯著拖累整個投資組合。因此,請花些時間同情微博公司(納斯達克代碼:WB)的長期股東,在過去三年中,股票價格已經暴跌了84%。即便是最堅強的心靈,在這種事件面前也會感到不安。而且,在過去一年中,股價進一步下跌了40%,在過去一個季度中下跌了22%。這對持有者來說並不是件有趣的事情。我們確實爲這種情況下的股東感到難過。這是提醒我們分散投資重要性的好例子,值得記住的是,生命中不僅僅只有錢。
Although the past week has been more reassuring for shareholders, they're still in the red over the last three years, so let's see if the underlying business has been responsible for the decline.
儘管過去一週對股東來說更令人放心,但在過去的三年中,他們仍然處於虧損狀態,因此讓我們看看基本業務是否對下降負責。
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。
Weibo saw its EPS decline at a compound rate of 4.3% per year, over the last three years. The share price decline of 45% is actually steeper than the EPS slippage. So it seems the market was too confident about the business, in the past. The less favorable sentiment is reflected in its current P/E ratio of 6.56.
過去三年中,微博的EPS以4.3%的複合增長率下降。股票價格下跌了45%,實際上比EPS的下跌幅度更大。因此,市場過去對企業的信心過高。這種不太樂觀的情緒反映在當前的市盈率爲6.56。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(隨時間的推移)如下圖所示(單擊可查看確切數字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240815/0-1434f7e5a520a353339c29b0047290be-0-08006d0853eec212fb52989bb08d2c41.png/big)
We know that Weibo has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.
我們知道微博的盈利現在有所改善,但它是否會增加營業收入?您可以查看此免費報告,其中包含分析師的營收預測。
What About The Total Shareholder Return (TSR)?
那麼,股東總回報(TSR)呢?
Investors should note that there's a difference between Weibo's total shareholder return (TSR) and its share price change, which we've covered above. The TSR attempts to capture the value of dividends (as if they were reinvested) as well as any spin-offs or discounted capital raisings offered to shareholders. We note that Weibo's TSR, at -81% is higher than its share price return of -84%. When you consider it hasn't been paying a dividend, this data suggests shareholders have benefitted from a spin-off, or had the opportunity to acquire attractively priced shares in a discounted capital raising.
投資者應該注意,微博的總股東回報率(TSR)和其股價變化之間存在差異,我們已經介紹過了。TSR試圖捕捉股息的價值(就好像它們被再投資),以及向股東提供的任何分拆或折價募資。值得注意的是,微博的TSR,爲-81%,高於股價回報率的-84%。當您考慮它並沒有支付股息時,這些數據表明股東受益於分拆,或者有機會以折價的方式獲得股票。
A Different Perspective
不同的觀點
Investors in Weibo had a tough year, with a total loss of 35%, against a market gain of about 24%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 12% 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. It's always interesting to track share price performance over the longer term. But to understand Weibo better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Weibo you should be aware of.
微博的投資者經歷了艱難的一年,總體虧損達35%,而市場上升幅度約爲24%。即使好的股票價格有時會下跌,但我們希望在對業務基本指標進行了改善之後再進行投資。不幸的是,去年的表現結束了差劣的運營時期,股東在過去五年中每年總虧損達到12%。總的來說,股票長期表現疲軟可能是一個不好的跡象,儘管逆勢投資的投資者可能會希望研究該股票以期實現逆轉。長期追蹤股價表現總是很有趣的。但是,爲了更好地了解微博,我們需要考慮許多其他因素。例如,我們已經發現了一個對微博的警告信號,您應該意識到。
We will like Weibo better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我們看到一些內部人士大量購買微博的股票,我們會更喜歡微博。等待期間,您可以查看這個免費列表,其中包含主要是小盤股的被低估股票,近期有大量的內部購買。
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。
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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。