Investors in ICON (NASDAQ:ICLR) Have Seen Favorable Returns of 98% Over the Past Five Years
Investors in ICON (NASDAQ:ICLR) Have Seen Favorable Returns of 98% Over the Past Five Years
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term ICON Public Limited Company (NASDAQ:ICLR) shareholders have enjoyed a 98% share price rise over the last half decade, well in excess of the market return of around 76% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 20%.
股票選擇者通常尋找能夠超越整個市場的股票。購買被低估的企業是取得超額回報的一種方式。例如,長揸ICON Public Limited Company (NASDAQ:ICLR)的股東在過去五年中已經享受到了98%的股價上漲,遠高於市場回報率(不包括分紅派息)的76%。另一方面,最近的收益並不那麼令人印象深刻,股東只賺了20%。
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
鑑於此,值得看看該公司的基本面是否一直是長期業績的驅動因素,或者是否存在一些不一致之處。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.
引用本傑明·格雷厄姆的話:在短期內,市場是投票機,但在長期內,市場是稱重機。通過比較每股收益(EPS)和股票價格的時間變化,我們可以感受到投資者對公司的態度隨時間而變化。
During five years of share price growth, ICON achieved compound earnings per share (EPS) growth of 5.7% per year. This EPS growth is slower than the share price growth of 15% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.
在股價增長的五年時間裏,ICON每股收益增速爲5.7%。這個增速比同期的股價增長速度15%要慢,因此可以合理地假設市場對這家公司的認可度比五年前更高。考慮到該公司的成長曆程,這並不奇怪。
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
您可以在下面的圖片中查看每股收益如何隨時間變化(單擊圖表以查看確切的價值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240813/0-043d3baa008bfc4d32dce3faab447b50-0-89b8c203f75d41f5475ee31e1c74327a.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on ICON's earnings, revenue and cash flow.
我們很高興地報告,ICON首席執行官的薪酬要比資本相近的公司中大多數首席執行官低。但是,雖然首席執行官的報酬值得檢查,但真正重要的問題是公司是否能夠在未來增長盈利。我們很值得關注ICON的收益、營業收入和現金流的自由報告。
A Different Perspective
不同的觀點
ICON provided a TSR of 20% over the year. That's fairly close to the broader market return. That gain looks pretty satisfying, and it is even better than the five-year TSR of 15% per year. It is possible that management foresight will bring growth well into the future, even if the share price slows down. Is ICON cheap compared to other companies? These 3 valuation measures might help you decide.
ICON今年提供的總回報率爲20%。這與整個市場回報差不多。這種收益看起來令人滿意,甚至比五年來每年的總回報率15%更好。即使股價下跌,管理層的遠見也可能帶來未來的增長。ICON相比其他公司是否便宜?這三個估值指標可能會幫助您做出決定。
But note: ICON may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但請注意:ICON可能不是最好的股票購買選擇。因此,請查看這個免費的有過去盈利增長(和未來增長預測)的有趣公司列表。
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。
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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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。