Sally Beauty Holdings' (NYSE:SBH) Earnings Have Declined Over Five Years, Contributing to Shareholders 54% Loss
Sally Beauty Holdings' (NYSE:SBH) Earnings Have Declined Over Five Years, Contributing to Shareholders 54% Loss
We think intelligent long term investing is the way to go. But no-one is immune from buying too high. Zooming in on an example, the Sally Beauty Holdings, Inc. (NYSE:SBH) share price dropped 54% in the last half decade. We certainly feel for shareholders who bought near the top. And some of the more recent buyers are probably worried, too, with the stock falling 33% in the last year. Shareholders have had an even rougher run lately, with the share price down 30% in the last 90 days.
我们认为,明智的长期投资是一条可行的道路。但没有人能幸免于过高买入。放大一个示例,萨莉美容控股公司(纽约证券交易所代码:SBH)股价在过去五年中下跌了54%。我们当然同情那些在接近顶端时买入的股东。一些最近的买家可能也在担心,该公司股价去年下跌了33%。股东们最近经历了更艰难的时期,股价在过去90天里下跌了30%。
Although the past week has been more reassuring for shareholders, they're still in the red over the last five years, so let's see if the underlying business has been responsible for the decline.
尽管过去一周对股东来说更令人安心,但他们在过去五年仍处于亏损状态,所以让我们看看基础业务是否对股价下跌负有责任。
View our latest analysis for Sally Beauty Holdings
查看我们对Sally Beauty Holdings的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
不可否认,市场有时是有效的,但价格并不总是反映潜在的商业表现。通过比较每股收益(EPS)和股价随时间的变化,我们可以感受到投资者对一家公司的态度随着时间的推移发生了怎样的变化。
During the five years over which the share price declined, Sally Beauty Holdings' earnings per share (EPS) dropped by 4.4% each year. Readers should note that the share price has fallen faster than the EPS, at a rate of 14% per year, over the period. This implies that the market is more cautious about the business these days. The low P/E ratio of 5.59 further reflects this reticence.
在股价下跌的五年中,Sally Beauty Holdings的每股收益(EPS)每年下降4.4%。读者应该注意到,在此期间,苹果股价以每年14%的速度下跌,比每股收益下跌得更快。这暗示这几天市场对该业务更为谨慎。5.59的低市盈率进一步反映了这种沉默。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
该公司的每股收益(在一段时间内)如下图所示(点击查看具体数字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231028/0-96c8ce35ba9247d925e8de9e5187c3e0-0-304182d3f1608a71d2ceb62e48df1dea.png/big)
Dive deeper into Sally Beauty Holdings' key metrics by checking this interactive graph of Sally Beauty Holdings's earnings, revenue and cash flow.
通过查看Sally Beauty Holdings的收益、收入和现金流的互动图表,更深入地了解Sally Beauty Holdings的关键指标。
A Different Perspective
不同的视角
Sally Beauty Holdings shareholders are down 33% for the year, but the market itself is up 6.1%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 9% 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. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Sally Beauty Holdings , and understanding them should be part of your investment process.
Sally Beauty Holdings的股东今年以来下跌了33%,但市场本身上涨了6.1%。然而,请记住,即使是最好的股票,在12个月的时间里,有时也会表现逊于市场。不幸的是,去年的表现可能预示着尚未解决的挑战,因为它比过去五年9%的年化损失更糟糕。一般来说,股价长期疲软可能是一个坏信号,尽管反向投资者可能会希望研究这只股票,希望它能好转。我发现,把股价作为衡量企业业绩的长期指标是非常有趣的。但为了真正获得洞察力,我们还需要考虑其他信息。例如,考虑一下无处不在的投资风险幽灵。我们已经确定了两个警告信号与Sally Beauty Holdings合作,了解他们应该是你投资过程的一部分。
Of course Sally Beauty Holdings may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然了Sally Beauty Holdings可能不是最值得买入的股票。所以你可能想看看这个免费成长型股票的集合。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
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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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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。