While Shareholders of American Eagle Outfitters (NYSE:AEO) Are in the Red Over the Last Year, Underlying Earnings Have Actually Grown
While Shareholders of American Eagle Outfitters (NYSE:AEO) Are in the Red Over the Last Year, Underlying Earnings Have Actually Grown
During the unfortunate twelve months during which the American Eagle Outfitters share price fell, it actually saw its earnings per share (EPS) improve by 95%. It's quite possible that growth expectations may have been unreasonable in the past. Investing in stocks comes with the risk that the share price will fall. Anyone who held American Eagle Outfitters, Inc. (NYSE:AEO) over the last year knows what a loser feels like. The share price has slid 54% in that time. Notably, shareholders had a tough run over the longer term, too, with a drop of 32% in the last three years. The falls have accelerated recently, with the share price down 29% in the last three months. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
投资股票存在股价下跌的风险。任何在过去一年持有美国鹰 Outfitters, Inc. (纽交所:AEO) 的人都知道失败的感觉。在此期间，股价下跌了54%。值得注意的是，股东在更长时间内也经历了艰难的运行，过去三年股价下跌了32%。最近的跌幅加速，过去三个月股价下跌了29%。我们注意到公司最近公布了业绩，市场对此并不太高兴。你可以在我们的公司报告中查看最新的数字。
While the stock has risen 8.5% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.
虽然股票在过去一周上涨了8.5%，但长期股东仍处于亏损状态，让我们看看基本面告诉我们什么。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
用巴菲特的话来说，‘船只将环绕世界航行，但平面地球学会将会繁荣。在市场中，价格与价值之间的差异将继续存在……’ 一个不完美但简单的方式来考虑市场对一家公司认知的变化，是比较每股收益（EPS）的变化与股票价格的变化。
During the unfortunate twelve months during which the American Eagle Outfitters share price fell, it actually saw its earnings per share (EPS) improve by 95%. It's quite possible that growth expectations may have been unreasonable in the past.
在过去不幸的十二个月里，美国鹰 Outfitters 的股价下跌，实际每股收益（EPS）却提高了95%。可能过去的增长预期是不切实际的。
It's surprising to see the share price fall so much, despite the improved EPS. So it's well worth checking out some other metrics, too.
尽管每股收益有所改善，股价跌幅如此之大，令人惊讶。因此，检查其他一些指标也是非常值得的。
American Eagle Outfitters' dividend seems healthy to us, so we doubt that the yield is a concern for the market. From what we can see, revenue is pretty flat, so that doesn't really explain the share price drop. Unless, of course, the market was expecting a revenue uptick.
美国鹰牌服饰的分红对我们来说似乎很健康，所以我们怀疑收益率对市场来说是否是个问题。 从我们所见，营业收入几乎持平，因此这并不能真正解释股票价格下跌的原因。 当然，除非市场预计营业收入会有所上升。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收益和营业收入随时间的变化情况（如果你点击图像，可以看到更详细的信息）。
American Eagle Outfitters 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 American Eagle Outfitters will earn in the future (free analyst consensus estimates)
美国鹰牌服饰在投资者中广为人知，许多聪明的分析师试图预测未来的利润水平。因此，查看分析师对美国鹰牌服饰未来盈利的看法非常有意义（免费分析师共识估计）
A Different Perspective
不同的视角
Investors in American Eagle Outfitters had a tough year, with a total loss of 53% (including dividends), against a market gain of about 9.8%. 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 9%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for American Eagle Outfitters (of which 1 is significant!) you should know about.
美国鹰牌服饰的投资者今年过得很艰难，总损失为53%（包括分红），而市场收益约为9.8%。即使是好的股票有时也会下跌，但在我们真正感兴趣之前，我们希望看到业务基础指标的改善。长期投资者不会太生气，因为他们在五年内每年都有9%的收益。如果基本数据继续显示长期可持续增长，那当前的抛售可能是一个值得考虑的机会。我发现从长远来看，查看股票价格作为业务表现的替代指标非常有趣。但要真正获得洞察，我们还需要考虑其他信息，比如风险。例如，每个公司都有风险，而我们发现 美国鹰牌服饰 有 2 个警告信号 （其中一个是重要的！）你应该了解。
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.
当然，你也有可能通过其他地方找到一个绝佳的投资机会。所以来看一下这份我们预计将增长营业收入的公司免费列表。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意，本文中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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本文由Simply Wall St撰写，属于一般性质。我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不意图提供财务建议。它不构成对买入或卖出任何股票的推荐，也未考虑您的目标或财务状况。我们旨在提供基于基本数据的长期聚焦分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St在提到的任何股票中没有持仓。
