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Here's Why We Think St. Joe (NYSE:JOE) Might Deserve Your Attention Today

Here's Why We Think St. Joe (NYSE:JOE) Might Deserve Your Attention Today

這就是爲什麼我們認爲聖喬(紐約證券交易所代碼:JOE)今天可能值得你關注的原因
Simply Wall St ·  05/23 18:12

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.

對一些投機者來說,投資一家能夠扭轉命運的公司的興奮感是一個很大的吸引力,因此,即使是沒有收入、沒有利潤、有虧損記錄的公司,也可以設法找到投資者。不幸的是,這些高風險投資通常幾乎不可能獲得回報,許多投資者爲吸取教訓付出了代價。虧損的公司總是與時間賽跑以實現財務可持續性,因此這些公司的投資者承擔的風險可能超出了應有的範圍。

In contrast to all that, many investors prefer to focus on companies like St. Joe (NYSE:JOE), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.

與此形成鮮明對比的是,許多投資者更願意關注像聖喬(紐約證券交易所代碼:JOE)這樣的公司,這些公司不僅有收入,還有利潤。儘管利潤不是投資時應考慮的唯一指標,但值得表彰能夠持續生產利潤的企業。

How Fast Is St. Joe Growing?

聖喬的生長速度有多快?

If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. It certainly is nice to see that St. Joe has managed to grow EPS by 18% per year over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied.

如果一家公司能夠在足夠長的時間內保持每股收益(EPS)的增長,那麼其股價最終應該會緊隨其後。因此,有很多投資者喜歡購買每股收益不斷增長的公司的股票。很高興看到聖喬在三年內設法將每股收益增長18%。如果公司能夠維持這種增長,我們預計股東會感到滿意。

Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The good news is that St. Joe is growing revenues, and EBIT margins improved by 3.4 percentage points to 24%, over the last year. Both of which are great metrics to check off for potential growth.

仔細考慮收入增長和息稅前收益(EBIT)利潤率有助於爲近期利潤增長的可持續性提供信息。好消息是,與去年相比,聖喬的收入正在增長,息稅前利潤率提高了3.4個百分點至24%。這兩個指標都是衡量潛在增長的好指標。

The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers.

下圖顯示了該公司的收入和收入隨着時間的推移是如何發展的。點擊圖表查看確切的數字。

earnings-and-revenue-history
NYSE:JOE Earnings and Revenue History May 23rd 2024
紐約證券交易所:JOE 收益和收入歷史記錄 2024 年 5 月 23 日

While it's always good to see growing profits, you should always remember that a weak balance sheet could come back to bite. So check St. Joe's balance sheet strength, before getting too excited.

雖然看到利潤增長總是件好事,但你應該永遠記住,疲軟的資產負債表可能會捲土重來。因此,在過於興奮之前,先檢查一下聖喬的資產負債表實力。

Are St. Joe Insiders Aligned With All Shareholders?

聖喬內部人士是否與所有股東保持一致?

Insider interest in a company always sparks a bit of intrigue and many investors are on the lookout for companies where insiders are putting their money where their mouth is. That's because insider buying often indicates that those closest to the company have confidence that the share price will perform well. However, small purchases are not always indicative of conviction, and insiders don't always get it right.

內部人士對公司的興趣總是會引發一些陰謀,許多投資者都在尋找內部人士把錢花在嘴邊的公司。那是因爲內幕買盤通常表明與公司最親近的人對股價表現良好有信心。但是,小額購買並不總是表示信念,內部人士也並不總是正確的。

With strong conviction, St. Joe insiders have stood united by refusing to sell shares over the last year. But more importantly, President Jorge Gonzalez spent US$55k acquiring shares, doing so at an average price of US$45.49. Purchases like this clue us in to the to the faith management has in the business' future.

去年,聖喬內部人士堅定不移地拒絕出售股票。但更重要的是,總統豪爾赫·岡薩雷斯花費了5.5萬美元收購股票,平均價格爲45.49美元。像這樣的購買讓我們明白了管理層對企業未來的信心。

Along with the insider buying, another encouraging sign for St. Joe is that insiders, as a group, have a considerable shareholding. Indeed, they hold US$45m worth of its stock. This considerable investment should help drive long-term value in the business. Despite being just 1.3% of the company, the value of that investment is enough to show insiders have plenty riding on the venture.

除了內幕收購外,聖喬的另一個令人鼓舞的跡象是,內部人士作爲一個整體擁有可觀的股份。事實上,他們持有價值4500萬美元的股票。這項可觀的投資應有助於推動業務的長期價值。儘管僅佔該公司的1.3%,但該投資的價值足以表明內部人士對該合資企業有足夠的依賴。

While insiders already own a significant amount of shares, and they have been buying more, the good news for ordinary shareholders does not stop there. That's because on our analysis the CEO, Jorge Gonzalez, is paid less than the median for similar sized companies. For companies with market capitalisations between US$2.0b and US$6.4b, like St. Joe, the median CEO pay is around US$6.7m.

儘管內部人士已經擁有大量股票,而且他們一直在購買更多股票,但對普通股東來說,好消息並不止於此。這是因爲根據我們的分析,首席執行官豪爾赫·岡薩雷斯的薪水低於類似規模公司的中位數。對於市值介於20億美元至64億美元之間的公司,例如聖喬,首席執行官的薪酬中位數約爲670萬美元。

The St. Joe CEO received total compensation of just US$1.8m in the year to December 2023. First impressions seem to indicate a compensation policy that is favourable to shareholders. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. Generally, arguments can be made that reasonable pay levels attest to good decision-making.

截至2023年12月的一年中,聖喬首席執行官的總薪酬僅爲180萬美元。第一印象似乎表明薪酬政策有利於股東。首席執行官薪酬並不是公司最需要考慮的方面,但如果合理,這可以增強領導層關注股東利益的信心。通常,可以說合理的薪酬水平證明了良好的決策。

Does St. Joe Deserve A Spot On Your Watchlist?

聖喬值得在你的關注清單上佔有一席之地嗎?

If you believe that share price follows earnings per share you should definitely be delving further into St. Joe's strong EPS growth. Better still, insiders own a large chunk of the company and one has even been buying more shares. Astute investors will want to keep this stock on watch. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for St. Joe that you should be aware of.

如果你認爲股價跟隨每股收益,那麼你肯定應該進一步研究聖喬的強勁每股收益增長。更好的是,內部人士擁有該公司的很大一部分股份,甚至有人在購買更多股票。精明的投資者會希望繼續關注這隻股票。別忘了可能仍然存在風險。例如,我們已經確定了聖喬的1個警告標誌,你應該注意。

The good news is that St. Joe is not the only stock with insider buying. Here's a list of small cap, undervalued companies in the US with insider buying in the last three months!

好消息是,聖喬並不是唯一有內幕買盤的股票。以下是過去三個月內有內幕買盤的美國被低估的小盤股公司名單!

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

請注意,本文中討論的內幕交易是指相關司法管轄區內應報告的交易。

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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