Investing in Western Digital (NASDAQ:WDC) a Year Ago Would Have Delivered You a 97% Gain
Investing in Western Digital (NASDAQ:WDC) a Year Ago Would Have Delivered You a 97% Gain
The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Western Digital Corporation (NASDAQ:WDC) share price is up 97% in the last 1 year, clearly besting the market return of around 20% (not including dividends). So that should have shareholders smiling. Having said that, the longer term returns aren't so impressive, with stock gaining just 7.9% in three years.
投資股票的最簡單方法是購買交易所交易基金。但是,通過挑選高於平均水平的股票(作爲分散投資組合的一部分)可以做得更好。例如,西部數據公司(NASDAQ:WDC)的股價在過去1年中上漲了97%,明顯優於市場回報約20%(不包括紅利)。因此,股東們應該會笑逐顏開。儘管如此,長期回報並不那麼令人印象深刻,股票在三年內僅上漲了7.9%。
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
讓我們長期看一下潛在的基本面,看看它們是否與股東回報一致。
Given that Western Digital didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually desire strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
考慮到西部數據公司在過去十二個月內未盈利,我們將專注於營業收入增長,以快速了解其業務發展。未盈利公司的股東通常希望營業收入增長強勁,想必您也能想象,當保持快速營業收入增長時,往往會帶來快速利潤增長。
In the last year Western Digital saw its revenue shrink by 16%. Despite the lack of revenue growth, the stock has returned a solid 97% the last twelve months. To us that means that there isn't a lot of correlation between the past revenue performance and the share price, but a closer look at analyst forecasts and the bottom line may well explain a lot.
在過去一年中,西部數據公司的營收下降了16%。儘管營收增長不足,但股票在過去一年中回報了可觀的97%。我們認爲這意味着過去的營收表現與股價之間沒有很大的相關性,但是對分析師的預測和底線進行更詳細的調查可能會解釋很多問題。
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/7781/20240701/0-46ea16342cfdf8db042ff8811d4c6924-0-f825beff7234db735a80cfc82e81ad11.png/big)
Western Digital is well known by investors, and plenty of clever analysts have tried to predict the future profit levels. So it makes a lot of sense to check out what analysts think Western Digital will earn in the future (free analyst consensus estimates)
西部數據是廣受投資者認知的公司,許多聰明的分析師試圖預測未來的利潤水平。因此,檢查分析師對西部數據未來賺取的盈利預測是非常有意義的(免費分析師一致預估)。
A Different Perspective
不同的觀點
It's good to see that Western Digital has rewarded shareholders with a total shareholder return of 97% in the last twelve months. That gain is better than the annual TSR over five years, which is 9%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. 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. Take risks, for example - Western Digital has 3 warning signs (and 1 which is a bit concerning) we think you should know about.
很高興看到西部數據公司在過去12個月裏以總股東回報率達到了97%的豐厚回報來回報股東。該收益率優於五年的年度總股東回報率,爲9%。因此,公司的情緒環境近來似乎非常積極。考慮到股價動能仍然強勁,詳細查看股票可能是值得的,以免錯過機會。我認爲,長期內股價表現是業務表現的代理,這也很有趣。但是,要真正獲得洞察力,我們還需要考慮其他信息。例如,承擔風險——對於西部數據公司,我們認爲您應該了解以下3個警告信號(其中1個有點讓人擔憂)。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
當然,您可能在其他地方找到一家出色的企業進行投資。因此,請查看我們預計將實現盈利增長的公司的免費列表。
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,也可以發送電子郵件至editorial-team@simplywallst.com