Goodyear Tire & Rubber (NASDAQ:GT Investor Three-year Losses Grow to 43% as the Stock Sheds US$737m This Past Week
Goodyear Tire & Rubber (NASDAQ:GT Investor Three-year Losses Grow to 43% as the Stock Sheds US$737m This Past Week
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term The Goodyear Tire & Rubber Company (NASDAQ:GT) shareholders, since the share price is down 43% in the last three years, falling well short of the market return of around 15%. And the ride hasn't got any smoother in recent times over the last year, with the price 26% lower in that time. The falls have accelerated recently, with the share price down 26% 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.
爲了證明選擇個股的努力是值得的，值得努力打敗市場指數基金的回報率。但在任何一個投資組合中，都可能有些股票未能達到該基準。不幸的是，長期投資者們持有The Goodyear Tire & Rubber Company (NASDAQ: GT)的股票仍未能達標，因爲其股價在過去三年中下跌了43%，遠低於市場回報率15%左右。而過去一年中，其股價下跌了26%。近期該下跌趨勢沒有得到緩解，過去三個月中，其股價下跌了26%。我們注意到，該公司最近公佈了業績報告，市場反應並不算熱烈。你可以查看我們的公司報告了解最新的數據。
After losing 22% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
在過去的一週中，股價下跌了22%，值得研究該公司的基本面，以了解我們能從過去的表現中推斷出什麼。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.
引用本傑明·格雷厄姆的話：短期內市場是一個投票機，但長期來看它是一個稱重機。評估公司周邊環境的情緒變化的一種有缺陷但合理的方法是將每股收益（EPS）與股價進行比較。
We know that Goodyear Tire & Rubber has been profitable in the past. However, it made a loss in the last twelve months, suggesting profit may be an unreliable metric at this stage. Other metrics might give us a better handle on how its value is changing over time.
我們知道Goodyear Tire & Rubber過去是盈利的。然而，它在過去十二個月裏出現了虧損，這表明利潤可能是一個不可靠的指標。其他指標可能會給我們更好的了解其價值如何隨時間變化。
We note that, in three years, revenue has actually grown at a 7.1% annual rate, so that doesn't seem to be a reason to sell shares. This analysis is just perfunctory, but it might be worth researching Goodyear Tire & Rubber more closely, as sometimes stocks fall unfairly. This could present an opportunity.
我們注意到，在三年內，營業收入實際上以7.1%的年增長率增長，因此這似乎不是拋售股票的理由。這種分析只是例行公事，但值得更仔細地研究Goodyear Tire & Rubber，因爲有時股票會不公平地下跌。這可能提供機會。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下圖顯示了收益和營收隨時間變化的情況（如果你點擊圖像，可以看到更多細節）：
We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. This free report showing analyst forecasts should help you form a view on Goodyear Tire & Rubber
我們認爲董事內部在過去一年中做出了重要的購買，這是個積極的信號。儘管如此，大多數人認爲盈利和營收增長趨勢是業務更有意義的指導。該免費報告顯示了分析師的預測，應該有助於你形成對Goodyear Tire & Rubber的觀點。
A Different Perspective
不同的觀點
Goodyear Tire & Rubber shareholders are down 26% for the year, but the market itself is up 18%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 4% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. 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. For instance, we've identified 1 warning sign for Goodyear Tire & Rubber that you should be aware of.
雖然市場本身上漲了18%，但Goodyear Tire & Rubber的股東們這一年卻下跌了26%。請記住，即使是最好的股票，在某個十二個月的時期內有時也會表現不佳。不幸的是，去年的表現終結了一連串糟糕的趨勢，股東們在過去五年中每年面臨着總虧損4%。總體而言，長期股價疲軟可能是一個不好的跡象，儘管反佛洛倫投資者可能希望研究該股票以尋找一個轉機。我發現長期的股價作爲業務表現的代理是非常有趣的。但是要真正獲得深入了解，我們需要考慮其他信息。例如，我們已經發現有1個警告標誌需要關注Goodyear Tire & Rubber。
Goodyear Tire & Rubber is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying.
Goodyear Tire & Rubber不是唯一一家內部人員在購買的股票公司。因此，瞄一眼這份由內部人員購買的小盤公司免費名單，看看其吸引人的估值。
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。
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。
譯文內容由第三人軟體翻譯。