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Investors in F.N.B (NYSE:FNB) Have Seen Respectable Returns of 30% Over the Past Year

Investors in F.N.B (NYSE:FNB) Have Seen Respectable Returns of 30% Over the Past Year

F.N.b(紐交所:FNB)的投資者在過去一年中獲得了可觀的30%回報。
Simply Wall St ·  11/03 20:31

On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy will perform as well as the overall market. Over the last year the F.N.B. Corporation (NYSE:FNB) share price is up 26%, but that's less than the broader market return. However, the longer term returns haven't been so impressive, with the stock up just 16% in the last three years.

平均而言,股市隨着時間推移往往會上漲。這使得投資變得有吸引力。但並非您買入的每支股票都會表現得像整體市場那樣出色。過去一年,F.N.b. Corporation (紐交所:FNB) 的股價上漲了26%,但低於整體市場回報。然而,長期回報並不那麼令人印象深刻,該股過去三年僅上漲了16%。

So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns.

那麼讓我們評估過去一年的基本面,並看看它們是否與股東回報同步變化。

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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.

禾倫·巴菲特在他的論文《格雷厄姆-道德斯維爾的超級投資者》中描述了股票價格並不總是合理地反映企業的價值。通過比較每股收益(EPS)和股價隨時間變化的變化,我們可以了解到投資者對某家公司的態度如何隨時間而變化。

Over the last twelve months, F.N.B actually shrank its EPS by 30%.

過去十二個月裏,F.N.b 實際上將其每股收益減少了30%。

Given the share price gain, we doubt the market is measuring progress with EPS. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.

考慮到股價的上漲,我們懷疑市場不是根據每股收益來衡量公司的進展。由於每股收益的變化似乎與股價的變化不相關,因此值得查看其他指標。

Unfortunately F.N.B's fell 4.6% over twelve months. So using a snapshot of key business metrics doesn't give us a good picture of why the market is bidding up the stock.

不幸的是,F.N.B的股價在十二個月內下跌了4.6%。因此,僅僅使用關鍵業務指標的一個快照並不能讓我們清楚地了解市場爲何抬高股價。

You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).

您可以看到以下收益和營收的變化情況(通過單擊圖像了解精確值)。

big
NYSE:FNB Earnings and Revenue Growth November 3rd 2024
紐交所: FNb盈利和營業收入增長2024年11月3日

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

你可以在這個免費的互動圖表中看到它的資產負債表如何隨着時間的推移而加強(或削弱)。

What About Dividends?

那麼分紅怎麼樣呢?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of F.N.B, it has a TSR of 30% for the last 1 year. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

除了衡量股價回報,投資者還應考慮總股東回報(TSR)。股價回報僅反映了股價的變化,而TSR包括了以往股利(假設它們已被再投資)的價值,以及任何折扣資本籌集或剝離帶來的利益。可以說TSR爲支付股息的股票提供了更全面的圖片。就F.N.b而言,過去一年其TSR爲30%。這超過了我們之前提到的股價回報。公司支付的股利因此提升了總股東回報。

A Different Perspective

不同的觀點

F.N.B provided a TSR of 30% over the year (including dividends). That's fairly close to the broader market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 7%. It is possible that management foresight will bring growth well into the future, even if the share price slows down. If you would like to research F.N.B in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

F.N.b在一年內提供了30%的TSR(包括分紅)。那相當接近更廣泛的市場回報。大多數人會對獲利感到滿意,而事實上今年的回報實際上比過去五年的平均回報7%還要好。管理層的遠見有可能會帶來未來的增長,即使股價放緩也是如此。如果您希望更詳細地研究F.N.b,那麼您可能想看一下內部人員是否一直在買入或賣出該公司的股份。

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.

如果您願意查看另一家公司(具有潛在的更好財務狀況),請不要錯過這個免費的公司列表,證明它們可以增長收益。

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。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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