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The One-year Shareholder Returns and Company Earnings Persist Lower as Koppers Holdings (NYSE:KOP) Stock Falls a Further 6.5% in Past Week

The One-year Shareholder Returns and Company Earnings Persist Lower as Koppers Holdings (NYSE:KOP) Stock Falls a Further 6.5% in Past Week

過去一週,科佩斯控股(紐交所:高鴻)股票再下跌6.5%,導致一年期股東回報和公司盈利持續走低。
Simply Wall St ·  2024/12/07 21:35

It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. For example, the Koppers Holdings Inc. (NYSE:KOP) share price is down 18% in the last year. That's disappointing when you consider the market returned 34%. Longer term investors have fared much better, since the share price is up 13% in three years.

通過購買指數基金,匹配整體市場回報是很簡單的。主動投資者的目標是購買顯著跑贏市場的股票,但在這個過程中,他們面臨表現不佳的風險。例如,科佩斯控股(紐交所:高鴻)的股價在過去一年中下跌了18%。考慮到市場回報爲34%,這令人失望。長期投資者的表現要好得多,因爲股價在三年內上漲了13%。

Since Koppers Holdings has shed US$50m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.

由於科佩斯控股在過去7天內損失了5000萬美元的價值,讓我們看看長期下滑是否是由於業務經濟的影響。

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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).

儘管市場是一個強大的價格機制,但股票價格反映的不僅是潛在業務績效,還反映了投資者的情緒。 了解市場情緒隨時間的變化的一種方法是查看公司的股價與每股收益(EPS)之間的互動。

Unhappily, Koppers Holdings had to report a 16% decline in EPS over the last year. This proportional reduction in earnings per share isn't far from the 18% decrease in the share price. Therefore one could posit that the market has not become more concerned about the company, despite the lower EPS. Rather, the share price is remains a similar multiple of the EPS, suggesting the outlook remains the same.

不幸的是,科佩斯控股在過去一年中報告了每股收益下降16%。這一下降比例與股價的18%下降相差不遠。因此可以推測,儘管每股收益較低,市場對公司的關注並沒有增加。相反,股價仍然是每股收益的相似倍數,這表明前景仍然保持不變。

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
NYSE:KOP Earnings Per Share Growth December 7th 2024
紐交所:高鴻 每股收益增長 2024年12月7日

Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.

在購買或出售股票之前,我們始終建議對歷史增長趨勢進行仔細研究,可以在這裏找到相關信息。

A Different Perspective

另一種看法

Investors in Koppers Holdings had a tough year, with a total loss of 18% (including dividends), against a market gain of about 34%. 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. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 0.5% over the last half decade. 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 Koppers Holdings better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Koppers Holdings you should be aware of, and 1 of them is concerning.

科佩斯控股的投資者在過去一年中經歷了艱難的一年,損失總額達18%(包括分紅派息),而市場的增幅約爲34%。即使是優質股票的價格有時也會下跌,但我們希望在對此產生太大興趣之前,看到業務基本指標的改善。不幸的是,去年的表現可能表明面對未解決的挑戰,因爲其表現甚至不及過去五年年化損失的0.5%。一般來說,長期的股票價格疲軟可能是一個壞兆頭,儘管逆勢投資者可能希望研究該股票,以期待其轉機。長期跟蹤股票價格表現總是很有趣。然而,想更好地了解科佩斯控股,我們需要考慮許多其他因素。舉個例子:我們發現科佩斯控股有2個你應該注意的警告信號,其中1個讓人擔憂。

If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying.

如果您和我一樣,那麼您一定不想錯過這份免費的被內部人員買入的低估小盤股清單。

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.

對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接與我們聯繫。或者,發送電子郵件至editorial-team @ simplywallst.com。
Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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