share_log

Tractor Supply (NASDAQ:TSCO) Jumps 4.1% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns

Tractor Supply (NASDAQ:TSCO) Jumps 4.1% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns

拖拉机供应公司(纳斯达克股票代码:TSCO)本周上涨4.1%,尽管收益增长仍落后于五年股东回报率
Simply Wall St ·  05/22 21:28

When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on a lighter note, a good company can see its share price rise well over 100%. For example, the Tractor Supply Company (NASDAQ:TSCO) share price has soared 185% in the last half decade. Most would be very happy with that. On top of that, the share price is up 21% in about a quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report.

当你购买一家公司的股票时,值得记住它可能倒闭的可能性,你可能会赔钱。但简而言之,一家好的公司的股价可以上涨超过100%。例如,拖拉机供应公司(纳斯达克股票代码:TSCO)的股价在过去五年中飙升了185%。大多数人会对此感到非常满意。最重要的是,股价在大约一个季度内上涨了21%。这可能与最近发布的最新财务业绩有关——您可以通过阅读我们的公司报告来了解最新的数据。

The past week has proven to be lucrative for Tractor Supply investors, so let's see if fundamentals drove the company's five-year performance.

事实证明,过去一周对拖拉机供应的投资者来说是有利可图的,所以让我们看看基本面是否推动了该公司的五年业绩。

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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).

虽然市场是一种强大的定价机制,但股价反映了投资者的情绪,而不仅仅是潜在的业务表现。研究市场情绪如何随着时间的推移而变化的一种方法是研究公司股价与其每股收益(EPS)之间的相互作用。

Over half a decade, Tractor Supply managed to grow its earnings per share at 19% a year. This EPS growth is reasonably close to the 23% average annual increase in the share price. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth.

在过去的五年中,拖拉机供应公司设法将其每股收益增长到每年19%。每股收益的增长相当接近股价年均增长23%。这表明投资者对公司的情绪没有太大变化。实际上,股价似乎在很大程度上反映了每股收益的增长。

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 是如何随着时间的推移而变化的(点击图片发现确切的值)。

earnings-per-share-growth
NasdaqGS:TSCO Earnings Per Share Growth May 22nd 2024
纳斯达克GS:TSCO每股收益增长 2024年5月22日

It might be well worthwhile taking a look at our free report on Tractor Supply's earnings, revenue and cash flow.

可能值得一看我们关于拖拉机供应公司收益、收入和现金流的免费报告。

What About Dividends?

分红呢?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Tractor Supply the TSR over the last 5 years was 207%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!

除了衡量股价回报率外,投资者还应考虑股东总回报率(TSR)。基于股息再投资的假设,股东总回报率纳入了任何分拆或贴现资本筹集的价值以及任何股息。可以公平地说,股东总回报率为支付股息的股票提供了更完整的画面。我们注意到,拖拉机供应公司过去5年的股东总回报率为207%,好于上述股价回报率。而且,猜测股息支付在很大程度上解释了这种分歧是没有好处的!

A Different Perspective

不同的视角

We're pleased to report that Tractor Supply shareholders have received a total shareholder return of 33% over one year. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 25%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Tractor Supply better, we need to consider many other factors. Take risks, for example - Tractor Supply has 2 warning signs we think you should be aware of.

我们很高兴地向大家报告,拖拉机供应公司的股东在一年内获得了33%的总股东回报率。当然,这包括股息。这一增幅好于五年内的年度股东总回报率,即25%。因此,最近公司周围的情绪似乎一直很乐观。持乐观态度的人可能会将最近股东总回报率的改善视为业务本身随着时间的推移而变得更好。长期跟踪股价表现总是很有意思的。但是,为了更好地了解拖拉机的供应,我们需要考虑许多其他因素。例如,冒险——拖拉机供应有 2 个警告标志,我们认为您应该注意。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).

如果你想和管理层一起购买股票,那么你可能会喜欢这份免费的公司清单。(提示:其中许多未被注意且估值诱人)。

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。
    抢沙发