Optimism for First Financial (NASDAQ:THFF) Has Grown This Past Week, Despite One-year Decline in Earnings
Optimism for First Financial (NASDAQ:THFF) Has Grown This Past Week, Despite One-year Decline in Earnings
One way to deal with stock volatility is to ensure you have a properly diverse portfolio. Of course, the aim of the game is to pick stocks that do better than an index fund. First Financial Corporation (NASDAQ:THFF) has done well over the last year, with the stock price up 42% beating the market return of 35% (not including dividends). The longer term returns have not been as good, with the stock price only 11% higher than it was three years ago.
處理股票波動的一種方法是確保您擁有多樣化的投資組合。當然,遊戲的目標是挑選那些比指數基金表現更好的股票。first financial公司(NASDAQ: THFF)在過去一年表現不錯,股價上漲了42%,超過了市場回報35%(不包括股利)。長期回報並不理想,股價僅比三年前高出11%。
On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.
在穩定的七天表現之後,讓我們看看公司的基本面對長期股東回報的影響。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. 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.
市場有時候是有效的,但價格並不總是反映公司的基本業務表現。通過比較每股收益和股價變化,我們可以了解投資者對公司的看法如何隨着時間變化而變化。
During the last year, First Financial actually saw its earnings per share drop 32%.
在過去一年中,First Financial的每股收益實際上下降了32%。
This means it's unlikely the market is judging the company based on earnings growth. 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.
這意味着市場不太可能根據收益增長來評估公司。由於EPS的變化似乎不與股價的變化相關,因此值得關注其他指標。
Unfortunately First Financial's fell 8.5% over twelve months. So the fundamental metrics don't provide an obvious explanation for the share price gain.
不幸的是,第一金融的股價在十二個月內下跌了8.5%。因此,基本指標並未明顯解釋股價上漲。
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)。
We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. So it makes a lot of sense to check out what analysts think First Financial will earn in the future (free profit forecasts).
我們認爲內部人士在過去一年內進行了重要的購買是積極的。即便如此,未來收益將對現有股東是否盈利更爲重要。因此,查看分析師對第一金融未來收益的預測(免費利潤預測)是非常有意義的。
What About Dividends?
關於分紅派息的問題
It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of First Financial, it has a TSR of 48% 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.
考慮任何給定股票的總股東回報以及股價回報是很重要的。TSR是一個回報計算,考慮現金分紅的價值(假設任何收到的股息都已被再投資)以及任何折現後的股本增發和剝離的價值。因此,對於支付慷慨股息的公司,TSR通常比股價回報高得多。對於第一金融而言,過去1年的TSR爲48%。這超過了我們先前提到的股價回報。公司支付的股息因此提振了總股東回報。
A Different Perspective
另一種看法
It's nice to see that First Financial shareholders have received a total shareholder return of 48% over the last year. That's including the dividend. That gain is better than the annual TSR over five years, which is 6%. Therefore it seems like sentiment around the company has been positive lately. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For instance, we've identified 1 warning sign for First Financial that you should be aware of.
很高興看到First Financial的股東在過去一年中獲得了總股東回報率達48%。這還包括了分紅派息。這種增長優於過去5年的年度TSR,爲6%。因此,公司周圍的情緒似乎最近都是積極的。在最好的情況下,這可能暗示着一些真正的業務動力,暗示現在可能是深入了解的好時機。雖然值得考慮市場狀況對股價的影響,但還有其他更重要的因素。例如,我們發現了第一財經存在1個警示信號,您應該注意。
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。
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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.
對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接與我們聯繫。或者,發送電子郵件至editorial-team @ simplywallst.com。
Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。