Even After Rising 13% This Past Week, Sabre (NASDAQ:SABR) Shareholders Are Still Down 86% Over the Past Five Years
Even After Rising 13% This Past Week, Sabre (NASDAQ:SABR) Shareholders Are Still Down 86% Over the Past Five Years
Sabre Corporation (NASDAQ:SABR) shareholders should be happy to see the share price up 15% in the last quarter. But that doesn't change the fact that the returns over the last half decade have been stomach churning. Indeed, the share price is down a whopping 87% in that time. While the recent increase might be a green shoot, we're certainly hesitant to rejoice. The fundamental business performance will ultimately determine if the turnaround can be sustained. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.
Sabre公司(纳斯达克股票代码:SABR)的股东应该很高兴看到上个季度股价上涨15%。但这并不能改变这样一个事实,即在过去五年中,回报率一直令人大跌眼镜。事实上,当时股价下跌了87%。尽管最近的涨幅可能是一轮绿灯,但我们肯定不愿欢欣鼓舞。基本业务绩效最终将决定这种转变能否持续下去。我们真的希望任何在价格暴跌中坚持下去的人都能拥有多元化的投资组合。即使你赔了钱,你也不必输掉这堂课。
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.
尽管过去一周令股东更加放心,但在过去五年中,他们仍处于亏损状态,所以让我们看看基础业务是否是造成下降的原因。
Because Sabre made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. When a company doesn't make profits, we'd generally hope to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
由于Sabre在过去十二个月中出现亏损,我们认为市场可能更注重收入和收入增长,至少目前是如此。当一家公司没有盈利时,我们通常希望看到良好的收入增长。那是因为如果收入增长可以忽略不计,而且从来没有盈利,就很难确信一家公司能否实现可持续发展。
In the last five years Sabre saw its revenue shrink by 7.2% per year. That's not what investors generally want to see. If a business loses money, you want it to grow, so no surprises that the share price has dropped 13% each year in that time. It takes a certain kind of mental fortitude (or recklessness) to buy shares in a company that loses money and doesn't grow revenue. Fear of becoming a 'bagholder' may be keeping people away from this stock.
在过去的五年中,Sabre的收入每年减少7.2%。这不是投资者普遍希望看到的。如果一家企业亏损,你希望它能够增长,因此,在这段时间内,股价每年下跌13%也就不足为奇了。购买一家亏损且收入不增长的公司的股票需要某种精神毅力(或鲁莽)。对成为 “持包者” 的恐惧可能会使人们远离这只股票。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收入和收入随时间推移的跟踪情况(如果您点击图片,可以看到更多细节)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240712/0-cdf5cd5a70dfbbb19f422706019c3f14-0-b4c56f0481fa1c5136ed1655633cb9d7.png/big)
It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. If you are thinking of buying or selling Sabre stock, you should check out this free report showing analyst profit forecasts.
可能值得注意的是,我们在上个季度看到了大量的内幕买盘,我们认为这是积极的。话虽如此,我们认为收益和收入增长趋势是更重要的考虑因素。如果您正在考虑买入或卖出Sabre股票,则应查看这份显示分析师利润预测的免费报告。
A Different Perspective
不同的视角
Investors in Sabre had a tough year, with a total loss of 22%, against a market gain of about 24%. 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. However, the loss over the last year isn't as bad as the 13% per annum loss investors have suffered over the last half decade. We would want clear information suggesting the company will grow, before taking the view that the share price will stabilize. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Sabre (at least 1 which is concerning) , and understanding them should be part of your investment process.
Sabre的投资者经历了艰难的一年,总亏损了22%,而市场涨幅约为24%。即使是优质股票的股价有时也会下跌,但我们希望在过于感兴趣之前看到企业基本指标的改善。但是,去年的亏损并不像投资者在过去五年中遭受的每年13%的亏损那么严重。在认为股价将稳定之前,我们希望获得明确的信息,表明该公司将增长。尽管市场状况可能对股价产生的不同影响值得考虑,但还有其他因素更为重要。例如,投资风险的幽灵无处不在。我们已经发现了Sabre的2个警告信号(至少有1个令人担忧),了解它们应该是您投资过程的一部分。
Sabre 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.
Sabre并不是内部人士唯一买入的股票。对于那些喜欢寻找知名度较低的公司的人来说,这份最近有内幕收购的成长型公司的免费清单可能只是入场券。
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.
对这篇文章有反馈吗?对内容感到担忧吗?请直接联系我们。或者,也可以发送电子邮件至编辑团队 (at) simplywallst.com。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对这篇文章有反馈吗?担心内容吗?直接联系我们。或者,发送电子邮件至 editorial-team@simplywallst.com