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Shareholders in Align Technology (NASDAQ:ALGN) Are in the Red If They Invested Three Years Ago

Shareholders in Align Technology (NASDAQ:ALGN) Are in the Red If They Invested Three Years Ago

如果投資者在三年前投資了艾利科技(納斯達克:ALGN),他們現在會有虧損。
Simply Wall St ·  11/05 19:23

As every investor would know, not every swing hits the sweet spot. But really big losses can really drag down an overall portfolio. So take a moment to sympathize with the long term shareholders of Align Technology, Inc. (NASDAQ:ALGN), who have seen the share price tank a massive 70% over a three year period. That might cause some serious doubts about the merits of the initial decision to buy the stock, to put it mildly. Even worse, it's down 13% in about a month, which isn't fun at all. Importantly, this could be a market reaction to the recently released financial results. You can check out the latest numbers in our company report.

正如每位投資者所知,不是每次波動都能命中甜蜜點。但是真正的巨額虧損確實會嚴重拖累整體投資組合。所以請花點時間同情艾利科技公司(納斯達克:ALGN)的長期股東,他們在過去三年中看到股價暴跌70%。這可能會對最初購買該股票的決定的優點產生嚴重懷疑,姑且這麼說吧。更糟糕的是,股價在一個月內下跌了13%,一點也不好玩。重要的是,這可能是對最近公佈的財務結果的市場反應。您可以在我們的公司報告中查看最新數據。

Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.

現在讓我們看看這家公司的基本面,看看長期股東回報是否與基礎業務的表現相匹配。

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.

雖然一些人仍然相信有效市場假說,但已經證明市場是過度反應的動態系統,投資者並不總是理性的。一個不完美但簡單的方法來考慮公司市場看法的變化是比較每股收益(EPS)的變化和股價的波動。

Align Technology saw its EPS decline at a compound rate of 14% per year, over the last three years. This reduction in EPS is slower than the 33% annual reduction in the share price. So it's likely that the EPS decline has disappointed the market, leaving investors hesitant to buy.

在過去三年裏,艾利科技的每股收益以每年14%的複合率下降。這種EPS的下降速度比股價每年下降33%的速度要慢。因此,這種EPS下降很可能讓市場感到失望,使投資者不願購買。

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

下面可以看到每股收益隨時間的變化情況(通過點擊圖像來查看確切數值)。

big
NasdaqGS:ALGN Earnings Per Share Growth November 5th 2024
納斯達克GS:艾利科技2024年11月5日每股收益增長

It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. It might be well worthwhile taking a look at our free report on Align Technology's earnings, revenue and cash flow.

很高興看到過去三個月有一些重要的內部買入情況。這是積極的。話雖如此,我們認爲盈利和營收增長趨勢是更重要的考慮因素。查看關於艾利科技盈利、營收和現金流的免費報告可能非常值得一看。

A Different Perspective

不同的觀點

Align Technology shareholders gained a total return of 6.6% during the year. But that return falls short of the market. On the bright side, that's still a gain, and it is certainly better than the yearly loss of about 3% endured over half a decade. It could well be that the business is stabilizing. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. You can find out about the insider purchases of Align Technology by clicking this link.

艾利科技股東在該年份獲得了總回報率爲6.6%。但這一回報率低於市場。但從好的一面來看,仍然是盈利,絕對好過在過去五年中遭受的約3%年度虧損。業務可能正在穩定。通常喜歡賺錢的投資者會查看內部購買情況,如購買價格和總購買金額。您可以通過點擊此鏈接了解有關艾利科技內部購買情況。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar).

如果您喜歡與管理層共同購買股票,那麼您可能會喜歡這個免費的公司列表(提示:大多數公司沒有受到關注)。

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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