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Here's Why Centene (NYSE:CNC) Has Caught The Eye Of Investors

Here's Why Centene (NYSE:CNC) Has Caught The Eye Of Investors

這就是爲什麼康西哥(紐交所:CNC)引起投資者的關注
Simply Wall St ·  10/11 18:04

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' 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.

對於新手來說,即使一家公司目前缺乏營收和利潤記錄,但向投資者講好故事的公司似乎是個不錯的想法(令人興奮的前景)。但正如彼得·林奇在《華爾街最強音》中所說,「長射擊幾乎從來沒有回報」。虧損的公司總是在爭分奪秒地達到財務可持續性,因此投資這些公司的投資者可能承擔的風險比他們應該承擔的風險更大。

Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Centene (NYSE:CNC). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.

儘管身處科技股藍天投資時代,許多投資者仍然採用更傳統的策略;在盈利的公司如康西哥(紐交所:CNC)買入股份。雖然利潤並非唯一應考慮的指標,但值得認識到那些能持續產生利潤的企業。

How Fast Is Centene Growing Its Earnings Per Share?

康西哥每股收益增長有多快?

Over the last three years, Centene has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. Thus, it makes sense to focus on more recent growth rates, instead. It's good to see that Centene's EPS has grown from US$4.86 to US$5.37 over twelve months. There's little doubt shareholders would be happy with that 10% gain.

在過去三年中,康西哥的每股收益(EPS)以令人印象深刻的速度從一個相對較低點增長,導致三年的百分比增長率並不特別反映預期未來的表現。因此,專注於更近期的增長率是有意義的。康西哥的EPS已從4.86美元增長至5.37美元,這十二個月內的增長情況令人欣喜。毫無疑問,股東們會對這10%的增長感到滿意。

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. Our analysis has highlighted that Centene's revenue from operations did not account for all of their revenue in the previous 12 months, so our analysis of its margins might not accurately reflect the underlying business. While we note Centene achieved similar EBIT margins to last year, revenue grew by a solid 4.3% to US$144b. That's progress.

仔細考慮營業收入增長和利潤前利息及稅前利潤(EBIT)利潤率可以幫助了解最近利潤增長的可持續性。我們的分析指出,康西哥經營收入在過去12個月並未佔全部收入,因此我們對其利潤率的分析可能無法準確反映基礎業務。雖然我們注意到康西哥實現了與去年類似的EBIT利潤率,但營業收入卻實現了實質性增長,達到1440億美元。這是進步。

In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart.

在下面的圖表中,您可以看到公司的盈利和營業收入隨時間的增長情況。要查看實際數字,請單擊圖表。

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NYSE:CNC Earnings and Revenue History October 11th 2024
紐交所:CNC 每股收益和營業收入歷史數據 2024年10月11日

You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Centene's future profits.

不要只顧着開後視鏡,您可能會對這份免費報告更感興趣,其中顯示了康西哥未來利潤的分析師預測。

Are Centene Insiders Aligned With All Shareholders?

由於Centene的市值爲380億美元,我們不會希望內部人士持有大量股票。但我們可以通過事實證明,他們已經投資了該公司來獲得保證。事實上,他們已經在該公司投資了相當數量的財富,目前價值143百萬美元。我們注意到,這相當於公司的0.4%,這可能由於Centene的規模過大而很小,但仍值得一提。這仍然表明,股東和管理層之間存在一定程度的一致性。

Owing to the size of Centene, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. We note that their impressive stake in the company is worth US$144m. While that is a lot of skin in the game, we note this holding only totals to 0.4% of the business, which is a result of the company being so large. This should still be a great incentive for management to maximise shareholder value.

由於康西哥的規模龐大,我們不會指望內部人員持有公司的大部分股份。但由於他們對公司的投資,很高興看到仍然有激勵措施與股東利益保持一致。我們注意到他們在公司的持股令人印象深刻,價值爲1.44億美元。雖然這是一個很大的利益關係,但我們注意到這一持股僅佔業務的0.4%,這是由於公司規模太大。這仍然應該是管理層盡力最大化股東價值的強大激勵。

Is Centene Worth Keeping An Eye On?

康西哥值得關注嗎?

One important encouraging feature of Centene is that it is growing profits. If that's not enough on its own, there is also the rather notable levels of insider ownership. The combination definitely favoured by investors so consider keeping the company on a watchlist. Of course, just because Centene is growing does not mean it is undervalued. If you're wondering about the valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

康西哥一個重要的鼓舞人心的特點是其盈利增長。如果僅憑這一點還不夠,還有着相當顯著的內部持股比例。這種組合絕對受到投資者的青睞,因此考慮將公司放在自選中。當然,僅僅因爲康西哥正在成長,並不意味着它被低估。如果您想了解估值情況,請查看其市盈率與行業相比的指標。

While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence.

儘管不增長收益且沒有內部人士購買的股票可能會有回報,但對於重視這些關鍵指標的投資者來說,以下是在美國具有潛在增長和內部人士信心的經過慎重篩選的公司列表。

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

請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。

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.

對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

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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