share_log

Shareholders in Align Technology (NASDAQ:ALGN) Are in the Red If They Invested Three Years Ago

Shareholders in Align Technology (NASDAQ:ALGN) Are in the Red If They Invested Three Years Ago

如果投资者三年前投资于艾利科技(纳斯达克:ALGN),则处于亏损状态。
Simply Wall St ·  11/05 19:23

As every investor would know, not every swing hits the sweet spot. But really big losses can really drag down an overall portfolio. So take a moment to sympathize with the long term shareholders of Align Technology, Inc. (NASDAQ:ALGN), who have seen the share price tank a massive 70% over a three year period. That might cause some serious doubts about the merits of the initial decision to buy the stock, to put it mildly. Even worse, it's down 13% in about a month, which isn't fun at all. Importantly, this could be a market reaction to the recently released financial results. You can check out the latest numbers in our company report.

正如每位投资者所知,不是每次波动都能命中甜蜜点。但是真正的巨额亏损确实会严重拖累整体投资组合。所以请花点时间同情艾利科技公司(纳斯达克:ALGN)的长期股东,他们在过去三年中看到股价暴跌70%。这可能会对最初购买该股票的决定的优点产生严重怀疑,姑且这么说吧。更糟糕的是,股价在一个月内下跌了13%,一点也不好玩。重要的是,这可能是对最近公布的财务结果的市场反应。您可以在我们的公司报告中查看最新数据。

Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.

现在让我们看看这家公司的基本面,看看长期股东回报是否与基础业务的表现相匹配。

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.

虽然一些人仍然相信有效市场假说,但已经证明市场是过度反应的动态系统,投资者并不总是理性的。一个不完美但简单的方法来考虑公司市场看法的变化是比较每股收益(EPS)的变化和股价的波动。

Align Technology saw its EPS decline at a compound rate of 14% per year, over the last three years. This reduction in EPS is slower than the 33% annual reduction in the share price. So it's likely that the EPS decline has disappointed the market, leaving investors hesitant to buy.

在过去三年里,艾利科技的每股收益以每年14%的复合率下降。这种EPS的下降速度比股价每年下降33%的速度要慢。因此,这种EPS下降很可能让市场感到失望,使投资者不愿购买。

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

下面可以看到每股收益随时间的变化情况(通过点击图像来查看确切数值)。

big
NasdaqGS:ALGN Earnings Per Share Growth November 5th 2024
纳斯达克GS:艾利科技2024年11月5日每股收益增长

It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. It might be well worthwhile taking a look at our free report on Align Technology's earnings, revenue and cash flow.

很高兴看到过去三个月有一些重要的内部买入情况。这是积极的。话虽如此,我们认为盈利和营收增长趋势是更重要的考虑因素。查看关于艾利科技盈利、营收和现金流的免费报告可能非常值得一看。

A Different Perspective

不同的观点

Align Technology shareholders gained a total return of 6.6% during the year. 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. It could well be that the business is stabilizing. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. You can find out about the insider purchases of Align Technology by clicking this link.

艾利科技股东在该年份获得了总回报率为6.6%。但这一回报率低于市场。但从好的一面来看,仍然是盈利,绝对好过在过去五年中遭受的约3%年度亏损。业务可能正在稳定。通常喜欢赚钱的投资者会查看内部购买情况,如购买价格和总购买金额。您可以通过点击此链接了解有关艾利科技内部购买情况。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar).

如果您喜欢与管理层共同购买股票,那么您可能会喜欢这个免费的公司列表(提示:大多数公司没有受到关注)。

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,本文所引述的市场回报反映了目前在美国交易所上市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.

对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。

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