If EPS Growth Is Important To You, Booking Holdings (NASDAQ:BKNG) Presents An Opportunity
If EPS Growth Is Important To You, Booking Holdings (NASDAQ:BKNG) Presents An Opportunity
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 the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.
對於新手來說,即使一家公司目前缺乏營業收入和利潤的記錄,向投資者展示一篇好的故事可能是一個好主意(和一個令人興奮的前景)購買該公司股票。但現實情況是,當一家公司每年虧損足夠長時間時,其投資者通常會承擔這些虧損。儘管一家資金充足的公司可以持續多年的虧損,但它最終需要產生利潤,否則投資者將離開,而公司將逐漸消失。
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 Booking Holdings (NASDAQ:BKNG). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Booking Holdings with the means to add long-term value to shareholders.
儘管處於科技股藍天投資時代,許多投資者仍然採用更加傳統的策略;購買像Booking Holdings(納斯達克:BKNG)這樣盈利的公司股票。即使這家公司在市場上估值合理,投資者也會同意,持續產生利潤將繼續爲Booking Holdings提供增加股東長期價值的手段。
Booking Holdings' Improving Profits
Booking Holdings的利潤改善
Booking Holdings has undergone a massive growth in earnings per share over the last three years. So much so that this three year growth rate wouldn't be a fair assessment of the company's future. So it would be better to isolate the growth rate over the last year for our analysis. Booking Holdings' EPS shot up from US$117 to US$150; a result that's bound to keep shareholders happy. That's a fantastic gain of 28%.
過去三年,Booking Holdings的每股收益大幅增長。這三年的增長速度已經不能公平評估公司的未來。因此,最好將過去一年的增長速度孤立出來進行分析。Booking Holdings的每股收益從117美元增長到150美元;這一結果必將讓股東感到滿意。這是一個令人驚喜的增長率達28%。
It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Booking Holdings maintained stable EBIT margins over the last year, all while growing revenue 16% to US$22b. That's encouraging news for the company!
通常有助於查看利息和稅前(EBIT)利潤率以及營業收入增長,以便對公司增長質量有另一種看法。Booking Holdings在過去一年內保持穩定的EBIT利潤率,同時將營業收入增長了16%,達到220億美元。這對公司來說是令人鼓舞的消息!
In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.
在下面的圖表中,您可以看到該公司隨着時間的推移如何增長收入和收益。單擊圖表以查看確切的數字。
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 Booking Holdings' future profits.
你不會開車時一直盯着後視鏡,因此你可能對這份免費報告更感興趣,其中顯示了分析師對Booking Holdings未來利潤的預測。
Are Booking Holdings Insiders Aligned With All Shareholders?
Booking Holdings內部人是否與所有股東保持一致?
Since Booking Holdings has a market capitalisation of US$146b, we wouldn't expect insiders to hold a large percentage of shares. 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. Notably, they have an enviable stake in the company, worth US$274m. This comes in at 0.2% of shares in the company, which is a fair amount of a business of this size. This should still be a great incentive for management to maximise shareholder value.
由於Booking Holdings的市值達到1460億美元,我們不會指望內部人持有大量股份。但由於他們對公司的投資,很高興看到仍然有激勵使他們的行動與股東保持一致。值得注意的是,他們在公司中擁有令人羨慕的股份,價值27400萬美元。這佔該公司股份的0.2%,對於這樣規模的企業來說是一個相當大的數字。這仍然應該是管理層最大程度地提升股東價值的重要激勵。
Is Booking Holdings Worth Keeping An Eye On?
Booking Holdings 值得繼續留意嗎?
You can't deny that Booking Holdings has grown its earnings per share at a very impressive rate. That's attractive. This EPS growth rate is something the company should be proud of, and so it's no surprise that insiders are holding on to a considerable chunk of shares. Fast growth and confident insiders should be enough to warrant further research, so it would seem that it's a good stock to follow. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Booking Holdings that you should be aware of.
你無法否認Booking Holdings以非常令人印象深刻的速度增長其每股收益。這很吸引人。這種EPS增長速度是公司應該爲之驕傲的事情,所以看到內部人持有大量股份並不令人驚訝。快速增長和自信的內部人應該足以值得進一步研究,所以似乎這是一支值得關注的好股票。不要忘記仍然可能存在風險。例如,我們已經識別到了你應該注意的 Booking Holdings 的2個警告信號。
Although Booking Holdings certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of companies that not only boast of strong growth but have strong insider backing.
雖然 booking holdings 確實看起來不錯,但如果內部人士在大量買入股份,可能會吸引更多投資者。如果您喜歡看到更多內部人士參與的公司,那就查看這些精心挑選的公司,它們不僅擁有強勁增長,還有強大的內部支持。
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。
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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。