BJ's Restaurants' (NASDAQ:BJRI) Underlying Earnings Growth Outpaced the Return Generated for Shareholders Over the Past Year
BJ's Restaurants' (NASDAQ:BJRI) Underlying Earnings Growth Outpaced the Return Generated for Shareholders Over the Past Year
On average, over time, stock markets tend to rise higher. This makes investing attractive. But if when you choose to buy stocks, some of them will be below average performers. For example, the BJ's Restaurants, Inc. (NASDAQ:BJRI), share price is up over the last year, but its gain of 23% trails the market return. Zooming out, the stock is actually down 6.2% in the last three years.
長期來看,股票市場往往會更高。這使投資變得有吸引力。但是,當您選擇買入股票時,其中一些股票表現將低於平均水平。例如,bj's餐飲公司(納斯達克:BJRI)的股價在過去一年上漲,但漲幅23%,落後於市場回報。放眼望去,該股實際上在過去三年中下跌了6.2%。
Since the long term performance has been good but there's been a recent pullback of 8.9%, let's check if the fundamentals match the share price.
由於長期表現較好,但最近出現了8.9%的回落,讓我們檢查一下基本面是否與股價匹配。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
雖然市場是一個強大的定價機制,但股價反映的不僅僅是企業的基本業績,還有投資者的情緒。一個不完美但簡單的方式來考慮公司市場意識的變化是比較每股收益(EPS)的變化和股價的變化。
During the last year BJ's Restaurants grew its earnings per share (EPS) by 94%. It's fair to say that the share price gain of 23% did not keep pace with the EPS growth. So it seems like the market has cooled on BJ's Restaurants, despite the growth. Interesting.
在過去一年,bj's餐飲公司其每股收益(EPS)增長了94%。可以說,股價漲幅23%未能跟上EPS增長。因此,看起來市場對bj's餐飲公司的態度已經變冷,儘管有增長。有意思。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了EPS隨時間的變化情況(如果您單擊該圖像,則可以查看更多詳細信息)。
We know that BJ's Restaurants has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on BJ's Restaurants' balance sheet strength is a great place to start, if you want to investigate the stock further.
我們知道bj's餐飲在過去三年中改善了其底線,但未來會有何變化?如果您想進一步調查這支股票,可以從bj's餐飲資產負債表實力這份免費的互動報告開始。
A Different Perspective
不同的觀點
BJ's Restaurants provided a TSR of 23% over the last twelve months. But that return falls short of the market. On the bright side, that's still a gain, and it is certainly better than the yearly loss of about 3% endured over half a decade. So this might be a sign the business has turned its fortunes around. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 2 warning signs we've spotted with BJ's Restaurants .
在過去十二個月裏,bj's餐飲提供了23%的TSR。但這一回報不及市場水平。但光明面是,仍然是盈利,並且肯定比過去半個多世紀遭受的約3%的年度虧損要好。因此,這可能表明業務已經扭轉了局面。我發現長期內觀察股價作爲業績的一種代理很有意思。但要真正獲得洞察力,我們也需要考慮其他信息。爲此,您應該注意我們發現的有關bj's餐飲的2個警告信號。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
當然,您可能在其他地方找到一家出色的企業進行投資。因此,請查看我們預計將實現盈利增長的公司的免費列表。
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,本文所引述的市場回報反映了目前在美國交易所上市的股票的市場加權平均回報。
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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。