Yahoo Finance Investing in Quisitive Technology Solutions (CVE:QUIS) three years ago would have delivered you a 422% gain
The last three months have been tough on Quisitive Technology Solutions, Inc. (CVE:QUIS) shareholders, who have seen the share price decline a rather worrying 41%. But over three years the performance has been really wonderful. Over that time, we've been excited to watch the share price climb an impressive 422%. So the recent fall doesn't do much to dampen our respect for the business. Only time will tell if there is still too much optimism currently reflected in the share price.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
Check out our latest analysis for Quisitive Technology Solutions
Quisitive Technology Solutions isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
Over the last three years Quisitive Technology Solutions has grown its revenue at 68% annually. That's well above most pre-profit companies. And it's not just the revenue that is taking off. The share price is up 73% per year in that time. It's always tempting to take profits after a share price gain like that, but high-growth companies like Quisitive Technology Solutions can sometimes sustain strong growth for many years. So we'd recommend you take a closer look at this one, or even put it on your watchlist.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. So we recommend checking out this free report showing consensus forecasts
A Different Perspective
Quisitive Technology Solutions shareholders are down 62% for the year, falling short of the market return. Meanwhile, the broader market slid about 1.6%, likely weighing on the stock. Fortunately the longer term story is brighter, with total returns averaging about 73% per year over three years. Sometimes when a good quality long term winner has a weak period, it's turns out to be an opportunity, but you really need to be sure that the quality is there. 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. For example, we've discovered 3 warning signs for Quisitive Technology Solutions (1 is a bit concerning!) that you should be aware of before investing here.
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
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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.
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