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The One-year Earnings Decline Is Not Helping AdvanSix's (NYSE:ASIX Share Price, as Stock Falls Another 15% in Past Week

The One-year Earnings Decline Is Not Helping AdvanSix's (NYSE:ASIX Share Price, as Stock Falls Another 15% in Past Week

一年的收益下降对AdvanSix(纽约证券交易所代码:ASIX)的股价没有帮助,因为过去一周股价又下跌了15%
Simply Wall St ·  05/04 21:11

It's easy to match the overall market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in AdvanSix Inc. (NYSE:ASIX) have tasted that bitter downside in the last year, as the share price dropped 41%. That's disappointing when you consider the market returned 26%. Even if you look out three years, the returns are still disappointing, with the share price down30% in that time. More recently, the share price has dropped a further 20% in a month. Importantly, this could be a market reaction to the recently released financial results. You can check out the latest numbers in our company report.

通过购买指数基金很容易匹配整体市场回报。但是,如果你买入个股,你的表现可能比这更好或更差。去年,由于股价下跌了41%,AdvanSix Inc.(纽约证券交易所代码:ASIX)的投资者已经尝到了这种痛苦的下行空间。考虑到市场回报率为26%,这真令人失望。即使你展望三年,回报仍然令人失望,当时股价下跌了30%。最近,股价在一个月内又下跌了20%。重要的是,这可能是市场对最近公布的财务业绩的反应。你可以在我们的公司报告中查看最新的数字。

Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.

鉴于过去一周对股东来说很艰难,让我们调查一下基本面,看看我们能学到什么。

While AdvanSix made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. As a general rule, we think this kind of company is more comparable to loss-making stocks, since the actual profit is so low. For shareholders to have confidence a company will grow profits significantly, it must grow revenue.

尽管AdvanSix在去年取得了小额利润,但我们认为目前市场可能更加关注收入增长。通常,我们认为这种公司更能与亏损股票相提并论,因为实际利润太低了。要使股东有信心公司大幅增加利润,就必须增加收入。

AdvanSix's revenue didn't grow at all in the last year. In fact, it fell 21%. That's not what investors generally want to see. Shareholders have seen the share price drop 41% in that time. That seems pretty reasonable given the lack of both profits and revenue growth. We think most holders must believe revenue growth will improve, or else costs will decline.

去年,AdvanSix的收入根本没有增长。实际上,它下降了21%。这不是投资者普遍希望看到的。在此期间,股东们看到股价下跌了41%。鉴于利润和收入增长都不足,这似乎很合理。我们认为,大多数持有人必须相信收入增长将改善,否则成本将下降。

The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).

下图描述了收入和收入随时间推移而发生的变化(点击图片即可显示确切的数值)。

earnings-and-revenue-growth
NYSE:ASIX Earnings and Revenue Growth May 4th 2024
纽约证券交易所:ASIX 收益和收入增长 2024 年 5 月 4 日

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

您可以在这张免费的交互式图片中看到其资产负债表如何随着时间的推移而增强(或减弱)。

A Different Perspective

不同的视角

AdvanSix shareholders are down 39% for the year (even including dividends), but the market itself is up 26%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 4% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with AdvanSix (at least 1 which is a bit unpleasant) , and understanding them should be part of your investment process.

AdvanSix的股东今年下跌了39%(甚至包括股息),但市场本身却上涨了26%。但是,请记住,即使是最好的股票有时也会在十二个月内表现不如市场。不幸的是,去年的表现可能预示着尚未解决的挑战,因为它比过去五年中4%的年化亏损还要糟糕。我们意识到罗斯柴尔德男爵曾说过,投资者应该 “在街头流血时买入”,但我们警告说,投资者应首先确保他们购买的是高质量的企业。尽管市场状况可能对股价产生的不同影响值得考虑,但还有其他因素更为重要。例如,投资风险的幽灵无处不在。我们已经在AdvanSix上发现了两个警告信号(至少有一个有点不愉快),了解它们应该是你投资过程的一部分。

Of course AdvanSix may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

当然,AdvanSix可能不是最值得购买的股票。因此,您可能希望看到这批免费的成长股。

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。

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.

对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
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