Despite Delivering Investors Losses of 22% Over the Past 1 Year, Renasant (NYSE:RNST) Has Been Growing Its Earnings
Despite Delivering Investors Losses of 22% Over the Past 1 Year, Renasant (NYSE:RNST) Has Been Growing Its Earnings
While not a mind-blowing move, it is good to see that the Renasant Corporation (NYSE:RNST) share price has gained 11% in the last three months. But in truth the last year hasn't been good for the share price. In fact, the price has declined 24% in a year, falling short of the returns you could get by investing in an index fund.
雖然並非驚人之舉,但看到Renasant Corporation (NYSE:RNST)股價在過去三個月中上漲了11%還是非常好的。但實際上,去年股價表現並不好。事實上,去年股價下跌了24%,未能達到投資於指數基金所能獲得的回報。
On a more encouraging note the company has added US$154m to its market cap in just the last 7 days, so let's see if we can determine what's driven the one-year loss for shareholders.
更令人鼓舞的是,公司在過去7天內市值增加了1.54億美元,所以讓我們看看是什麼導致了股東的一年虧損。
View our latest analysis for Renasant
查看我們對Renasant的最新分析。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
市場有時毫無疑問是有效的,但股票價格並不總是反映基本業務表現。一種有缺陷但合理的方法是比較每股收益(EPS)和股票價格,以評估圍繞公司的情緒如何變化。
Even though the Renasant share price is down over the year, its EPS actually improved. It could be that the share price was previously over-hyped.
儘管Renasant股價在一年中走低,但其每股收益實際上有所改善。可能是股價之前被過分炒作了。
By glancing at these numbers, we'd posit that the the market had expectations of much higher growth, last year. But other metrics might shed some light on why the share price is down.
通過查看這些數字,我們可以假設去年市場對增長有更高的期望。但其他指標可能會解釋股價下跌的原因。
Renasant's revenue is actually up 5.9% over the last year. Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock.
Renasant的營業收入實際上在過去一年中增長了5.9%。由於我們不能輕易用這些指標解釋股價的波動,所以值得考慮市場對該股的情緒變化。
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
下面的圖表顯示了收益和營收隨時間的變化情況(通過單擊圖像揭示確切的值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231205/0-8e764ba721b1381a40fa88162fbcbfc7-0-6859efae7b7e12f4637518e3322f6d44.png/big)
We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. So we recommend checking out this free report showing consensus forecasts
我們喜歡看到內部人在過去12個月內購買了股票。即便如此,未來股息的收益更爲重要,這決定了當前股東能否獲利。因此,我們建議查看這份免費報告,了解市場預期。
What About Dividends?
那麼分紅怎麼樣呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Renasant's TSR for the last 1 year was -22%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
除了衡量股價回報之外,投資者還應該考慮總股東回報(TSR)。TSR是一種將現金股息的價值(假設任何股息都是重新投資的)和任何折價融資和分拆的計算值考慮在內的回報計算。可以說,TSR給出了股票所產生收益的更全面的圖片。正是由於股息支付的原因,Renasant最近一年的TSR爲-22%,超過了前面提到的股價回報。
A Different Perspective
不同的觀點
While the broader market gained around 16% in the last year, Renasant shareholders lost 22% (even including dividends). 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. Longer term investors wouldn't be so upset, since they would have made 0.9%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. 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. To that end, you should be aware of the 1 warning sign we've spotted with Renasant .
雖然整個市場在過去一年中上漲約16%,但Renasant的股東(包括股息)卻虧損了22%。即使是好的股票,股價有時也會下跌,但我們想在業務的基本指標有所改善之前就認真考慮。長期投資者不會那麼沮喪,因爲他們在五年內每年都賺了0.9%。最近的拋售可能是一個機會,因此檢查基本數據以尋找長期增長趨勢的跡象可能是值得的。對於股價的長期表現,我覺得很有趣,作爲業務表現的代理。但爲了獲得真正的洞察力,我們需要考慮其他信息。爲此,您應該了解我們發現的1個關於Renasant的警告標誌。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果您喜歡跟管理層一起購買股票,那麼您可能會喜歡這個免費的公司清單。(提示:內部人一直在購買它們)。
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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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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) 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。