AutoNation (NYSE:AN) Stock Performs Better Than Its Underlying Earnings Growth Over Last Five Years
AutoNation (NYSE:AN) Stock Performs Better Than Its Underlying Earnings Growth Over Last Five Years
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, you can make far more than 100% on a really good stock. Long term AutoNation, Inc. (NYSE:AN) shareholders would be well aware of this, since the stock is up 279% in five years. We note the stock price is up 3.3% in the last seven days.
在購買公司股票(假設沒有槓桿作用)之後,最糟糕的結果是你損失了所有投入的資金。但好的一面是,購買一隻非常好的股票,您可以賺取超過100%的收入。AutoNation, Inc.(紐約證券交易所代碼:AN)的長期股東會意識到這一點,因爲該股在五年內上漲了279%。我們注意到股價在過去七天中上漲了3.3%。
The past week has proven to be lucrative for AutoNation investors, so let's see if fundamentals drove the company's five-year performance.
事實證明,過去一週對AutoNation投資者來說是有利可圖的,所以讓我們看看基本面是否推動了公司的五年業績。
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 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.
用本傑明·格雷厄姆的話來說:從短期來看,市場是一臺投票機器,但從長遠來看,它是一臺稱重機。考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。
Over half a decade, AutoNation managed to grow its earnings per share at 35% a year. So the EPS growth rate is rather close to the annualized share price gain of 31% per year. That suggests that the market sentiment around the company hasn't changed much over that time. In fact, the share price seems to largely reflect the EPS growth.
在過去的五年中,AutoNation設法將其每股收益增長到每年35%。因此,每股收益的增長率相當接近每年31%的年化股價漲幅。這表明,在那段時間內,公司周圍的市場情緒沒有太大變化。實際上,股價似乎在很大程度上反映了每股收益的增長。
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(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![1724869753434](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240829/43020489-0-4e8e001e64baa0060ae27e581dcc650c.webp/bigjpg)
We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. It might be well worthwhile taking a look at our free report on AutoNation's earnings, revenue and cash flow.
我們認爲,內部人士在去年進行了大量收購,這是積極的。即便如此,未來的收益對於當前股東是否賺錢將更爲重要。可能值得一看我們關於AutoNation收益、收入和現金流的免費報告。
A Different Perspective
不同的視角
AutoNation shareholders are up 14% for the year. But that return falls short of the market. 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 31% over five years. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. It's always interesting to track share price performance over the longer term. But to understand AutoNation better, we need to consider many other factors. Take risks, for example - AutoNation has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
AutoNation的股東今年增長了14%。但是這種回報不及市場。這可能是一個好兆頭,表明該公司的長期業績記錄甚至更好,在五年內爲股東提供了31%的年股東總回報率。儘管股價上漲放緩,但該業務很有可能繼續保持強勁的執行力。長期跟蹤股價表現總是很有意思的。但是,爲了更好地理解AutoNation,我們需要考慮許多其他因素。例如,冒險吧——AutoNation 有 3 個警告信號(其中一個讓我們有點不舒服),我們認爲你應該知道。
AutoNation 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.
AutoNation並不是內部人士唯一買入的股票。對於那些喜歡尋找知名度較低的公司的人來說,這份最近有內幕收購的成長型公司的免費清單可能只是入場券。
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,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。
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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.
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。