Despite Delivering Investors Losses of 37% Over the Past 5 Years, MRC Global (NYSE:MRC) Has Been Growing Its Earnings
Despite Delivering Investors Losses of 37% Over the Past 5 Years, MRC Global (NYSE:MRC) Has Been Growing Its Earnings
MRC Global Inc. (NYSE:MRC) shareholders should be happy to see the share price up 17% in the last month. But over the last half decade, the stock has not performed well. After all, the share price is down 37% in that time, significantly under-performing the market.
MRC Global Inc.(纽约证券交易所代码:MRC)的股东应该很高兴看到上个月股价上涨了17%。但是在过去的五年中,该股表现不佳。毕竟,当时股价下跌了37%,表现大大低于市场。
Although the past week has been more reassuring for shareholders, they're still in the red over the last five years, so let's see if the underlying business has been responsible for the decline.
尽管过去一周令股东更加放心,但在过去五年中,他们仍处于亏损状态,所以让我们看看基础业务是否是造成下降的原因。
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.
虽然市场是一种强大的定价机制,但股价反映了投资者的情绪,而不仅仅是潜在的业务表现。考虑市场对公司的看法发生了怎样的变化的一种不完美但简单的方法是将每股收益(EPS)的变化与股价走势进行比较。
MRC Global became profitable within the last five years. That would generally be considered a positive, so we are surprised to see the share price is down. Other metrics might give us a better handle on how its value is changing over time.
MRC Global在过去五年中实现了盈利。这通常会被视为利好,因此我们惊讶地看到股价下跌。其他指标可能会让我们更好地了解其价值如何随着时间的推移而变化。
It could be that the revenue decline of 3.7% per year is viewed as evidence that MRC Global is shrinking. This has probably encouraged some shareholders to sell down the stock.
每年收入下降3.7%可能被视为MRC Global正在萎缩的证据。这可能鼓励了一些股东抛售该股。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收入和收入随时间推移的跟踪情况(如果您点击图片,可以看到更多细节)。
We know that MRC Global has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on MRC Global's balance sheet strength is a great place to start, if you want to investigate the stock further.
我们知道MRC Global在过去三年中提高了利润,但是未来会怎样?如果你想进一步调查该股,这份关于MRC Global资产负债表实力的免费互动报告是一个很好的起点。
A Different Perspective
不同的视角
Investors in MRC Global had a tough year, with a total loss of 3.0%, against a market gain of about 20%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, longer term shareholders are suffering worse, given the loss of 7% doled out over the last five years. We would want clear information suggesting the company will grow, before taking the view that the share price will stabilize. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling.
MRC Global的投资者经历了艰难的一年,总亏损为3.0%,而市场涨幅约为20%。即使是优质股票的股价有时也会下跌,但我们希望在过于感兴趣之前看到企业基本指标的改善。不幸的是,鉴于过去五年中损失了7%,长期股东遭受的损失更加严重。在认为股价将稳定之前,我们希望获得明确的信息,表明该公司将增长。大多数投资者花时间检查内幕交易数据。您可以点击此处查看内部人士是否在买入或卖出。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
对于那些喜欢寻找中奖投资的人来说,这份最近有内幕收购的成长型公司的免费名单可能只是门票。
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,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。