Investors in Fortive (NYSE:FTV) Have Seen Returns of 17% Over the Past Year
Investors in Fortive (NYSE:FTV) Have Seen Returns of 17% Over the Past Year
There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if when you choose to buy stocks, some of them will be below average performers. Over the last year the Fortive Corporation (NYSE:FTV) share price is up 16%, but that's less than the broader market return. Having said that, the longer term returns aren't so impressive, with stock gaining just 7.2% in three years.
毫無疑問，投資股票市場是積累財富的絕佳方式。但是，如果你選擇買入股票，其中一些股票的表現將低於平均水平。去年，Fortive Corporation（紐約證券交易所代碼：FTV）的股價上漲了16％，但低於整個市場的回報率。話雖如此，長期回報並不那麼令人印象深刻，股票在三年內僅上漲了7.2％。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
因此，讓我們調查一下，看看公司的長期表現是否與基礎業務的進展一致。
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. 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.
在他的文章中 格雷厄姆和多茲維爾的超級投資者 禾倫·巴菲特描述了股價如何並不總是合理地反映企業的價值。評估公司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。
During the last year Fortive grew its earnings per share (EPS) by 19%. This EPS growth is reasonably close to the 16% increase in the share price. So this implies that investor expectations of the company have remained pretty steady. It looks like the share price is responding to the EPS.
去年，Fortive的每股收益（EPS）增長了19％。每股收益的增長相當接近股價16％的漲幅。因此，這意味着投資者對該公司的預期一直相當穩定。看來股價正在回應每股收益。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
你可以在下面看到 EPS 是如何隨着時間的推移而變化的（點擊圖片發現確切的值）。
We know that Fortive has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained.
我們知道Fortive最近提高了利潤，但它會增加收入嗎？這份顯示分析師收入預測的免費報告應幫助您弄清楚每股收益的增長是否可以持續。
A Different Perspective
不同的視角
Fortive shareholders are up 17% for the year (even including dividends). But that was short of the market average. The silver lining is that the gain was actually better than the average annual return of 4% per year over five year. This could indicate that the company is winning over new investors, as it pursues its strategy. It's always interesting to track share price performance over the longer term. But to understand Fortive better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Fortive you should be aware of.
Fortive股東今年增長了17％（甚至包括股息）。但這低於市場平均水平。一線希望是，收益實際上好於五年內每年4％的平均年回報率。這可能表明該公司在推行其戰略時正在贏得新投資者的青睞。長期跟蹤股價表現總是很有意思的。但是，爲了更好地理解 Fortive，我們需要考慮許多其他因素。一個很好的例子：我們發現了 Fortive 的 1 個警告信號，你應該注意。
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.
如果你想看看另一家公司——一家財務狀況可能優異的公司——那麼千萬不要錯過這份已經證明自己可以增加收益的公司的免費名單。
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，本文引用的市場回報反映了目前在美國交易所交易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？直接聯繫我們。 或者，給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論，我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議，也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意，我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之，華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。