share_log

Investors Three-year Losses Continue as Whirlpool (NYSE:WHR) Dips a Further 5.1% This Week, Earnings Continue to Decline

Investors Three-year Losses Continue as Whirlpool (NYSE:WHR) Dips a Further 5.1% This Week, Earnings Continue to Decline

隨着惠而浦(紐約證券交易所代碼:WHR)本週再下跌5.1%,收益繼續下降,投資者持續三年虧損
Simply Wall St ·  05/21 08:15

The truth is that if you invest for long enough, you're going to end up with some losing stocks. Long term Whirlpool Corporation (NYSE:WHR) shareholders know that all too well, since the share price is down considerably over three years. Sadly for them, the share price is down 61% in that time. And the ride hasn't got any smoother in recent times over the last year, with the price 31% lower in that time. The falls have accelerated recently, with the share price down 17% in the last three months. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.

事實是,如果你投資足夠長的時間,你最終會有一些虧損的股票。惠而浦公司(紐約證券交易所代碼:WHR)的長期股東對此非常了解,因爲股價在三年內大幅下跌。對他們來說,可悲的是,當時股價下跌了61%。而且在過去的一年裏,這種行程並沒有變得更加順利,同期價格下降了31%。最近跌勢加速,股價在過去三個月中下跌了17%。我們注意到,該公司最近公佈了業績;市場對此並不滿意。你可以在我們的公司報告中查看最新的數字。

With the stock having lost 5.1% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.

由於該股在過去一週下跌了5.1%,值得一看業務表現,看看是否有任何危險信號。

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

在他的文章中 格雷厄姆和多茲維爾的超級投資者 禾倫·巴菲特描述了股價如何並不總是合理地反映企業的價值。評估公司情緒變化的一種有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。

During five years of share price growth, Whirlpool moved from a loss to profitability. That would generally be considered a positive, so we are surprised to see the share price is down. So given the share price is down it's worth checking some other metrics too.

在五年的股價增長中,惠而浦從虧損轉爲盈利。這通常會被視爲利好,因此我們驚訝地看到股價下跌。因此,鑑於股價下跌,還值得檢查其他一些指標。

We note that the dividend seems healthy enough, so that probably doesn't explain the share price drop. However, the weak share price might be related to the fact revenue has been disappearing at a rate of 4.7% each year, over three years. In that case, the current EPS might be viewed by some as difficult to sustain.

我們注意到,股息似乎足夠健康,因此這可能無法解釋股價下跌的原因。但是,股價疲軟可能與三年來收入每年以4.7%的速度消失有關。在這種情況下,一些人可能會認爲當前的每股收益難以維持。

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

您可以在下圖中看到收入和收入隨時間推移而發生的變化(點擊圖表查看確切值)。

earnings-and-revenue-growth
NYSE:WHR Earnings and Revenue Growth May 21st 2024
紐約證券交易所:WHR 收益和收入增長 2024 年 5 月 21 日

We know that Whirlpool has improved its bottom line lately, but what does the future have in store? You can see what analysts are predicting for Whirlpool in this interactive graph of future profit estimates.

我們知道惠而浦最近提高了利潤,但是未來會怎樣?您可以在這張未來利潤估計的交互式圖表中看到分析師對惠而浦的預測。

What About Dividends?

分紅呢?

It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Whirlpool, it has a TSR of -55% for the last 3 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

重要的是要考慮任何給定股票的股東總回報率和股價回報率。基於股息再投資的假設,股東總回報率納入了任何分拆或貼現資本籌集的價值以及任何股息。可以公平地說,股東總回報率爲支付股息的股票提供了更完整的畫面。就惠而浦而言,在過去3年的股東回報率爲-55%。這超過了我們之前提到的其股價回報率。因此,該公司支付的股息提高了 股東回報。

A Different Perspective

不同的視角

Whirlpool shareholders are down 27% for the year (even including dividends), but the market itself is up 28%. 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, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 2% over the last half decade. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand Whirlpool better, we need to consider many other factors. To that end, you should learn about the 3 warning signs we've spotted with Whirlpool (including 2 which shouldn't be ignored) .

惠而浦股東今年下跌了27%(甚至包括股息),但市場本身上漲了28%。即使是優質股票的股價有時也會下跌,但我們希望在過於感興趣之前看到企業基本指標的改善。不幸的是,去年的表現可能預示着尚未解決的挑戰,因爲它比過去五年中2%的年化虧損還要糟糕。總的來說,長期股價疲軟可能是一個壞兆頭,儘管逆勢投資者可能希望研究該股以期出現轉機。長期跟蹤股價表現總是很有意思的。但是,爲了更好地了解惠而浦,我們需要考慮許多其他因素。爲此,你應該了解我們在惠而浦身上發現的3個警告信號(包括2個不容忽視的警告)。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).

如果你想和管理層一起購買股票,那麼你可能會喜歡這份免費的公司清單。(提示:其中許多未被注意且估值誘人)。

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,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。

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.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論