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The Past Year for Dollar General (NYSE:DG) Investors Has Not Been Profitable

The Past Year for Dollar General (NYSE:DG) Investors Has Not Been Profitable

Dollar General(紐約證券交易所代碼:DG)投資者過去的一年沒有盈利
Simply Wall St ·  05/22 19:18

Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in Dollar General Corporation (NYSE:DG) have tasted that bitter downside in the last year, as the share price dropped 32%. That falls noticeably short of the market return of around 30%. Taking the longer term view, the stock fell 28% over the last three years.

投資者可以通過購買指數基金來估算平均市場回報。但是,如果你買入個股,你的表現可能比這更好或更差。去年,Dollar General Corporation(紐約證券交易所代碼:DG)的投資者已經嚐到了這種慘痛的下行空間,股價下跌了32%。這明顯低於30%左右的市場回報率。從長遠來看,該股在過去三年中下跌了28%。

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.

現在讓我們來看看公司的基本面,看看長期股東回報是否與基礎業務的表現相匹配。

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

用本傑明·格雷厄姆的話來說:從短期來看,市場是一臺投票機器,但從長遠來看,它是一臺稱重機。研究市場情緒如何隨着時間的推移而變化的一種方法是研究公司股價與其每股收益(EPS)之間的相互作用。

Unhappily, Dollar General had to report a 29% decline in EPS over the last year. We note that the 32% share price drop is very close to the EPS drop. So it seems that the market sentiment has not changed much, despite the weak results. Rather, the share price has approximately tracked EPS growth.

不幸的是,Dollar General不得不報告去年每股收益下降了29%。我們注意到,32%的股價下跌與每股收益的下降非常接近。因此,儘管業績疲軟,但市場情緒似乎沒有太大變化。相反,股價大致追蹤了每股收益的增長。

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

您可以在下圖中看到 EPS 隨時間推移的變化(點擊圖表查看確切值)。

earnings-per-share-growth
NYSE:DG Earnings Per Share Growth May 22nd 2024
紐約證券交易所:DG 每股收益增長 2024 年 5 月 22 日

We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. This free interactive report on Dollar General's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

像我們一樣,內部人士在過去的十二個月中一直在購買股票。即便如此,未來的收益對於當前股東是否賺錢將更爲重要。如果你想進一步調查該股,這份關於Dollar General收益、收入和現金流的免費互動報告是一個很好的起點。

A Different Perspective

不同的視角

Dollar General shareholders are down 30% for the year (even including dividends), but the market itself is up 30%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 5%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Dollar General better, we need to consider many other factors. Take risks, for example - Dollar General has 4 warning signs we think you should be aware of.

Dollar General的股東今年下跌了30%(甚至包括股息),但市場本身上漲了30%。即使是優質股票的股價有時也會下跌,但我們希望在過於感興趣之前看到企業基本指標的改善。長期投資者不會那麼沮喪,因爲他們本可以在五年內每年賺5%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。長期跟蹤股價表現總是很有意思的。但是,爲了更好地了解Dollar General,我們需要考慮許多其他因素。例如,冒險吧——Dollar General有4個警告信號,我們認爲你應該注意。

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).

如果你想和管理層一起購買股票,那麼你可能會喜歡這份免費的公司清單。(提示:它們中的大多數都在雷達下飛行)。

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。

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。


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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