Yahoo Finance Investors Who Bought Hamilton Thorne (CVE:HTL) Shares Five Years Ago Are Now Up 580%
We think all investors should try to buy and hold high quality multi-year winners. While the best companies are hard to find, but they can generate massive returns over long periods. To wit, the Hamilton Thorne Ltd. (CVE:HTL) share price has soared 580% over five years. If that doesn't get you thinking about long term investing, we don't know what will.
It really delights us to see such great share price performance for investors.
Check out our latest analysis for Hamilton Thorne
Given that Hamilton Thorne only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. Generally speaking, we'd consider a stock like this alongside loss-making companies, simply because the quantum of the profit is so low. It would be hard to believe in a more profitable future without growing revenues.
In the last 5 years Hamilton Thorne saw its revenue grow at 31% per year. Even measured against other revenue-focussed companies, that's a good result. Fortunately, the market has not missed this, and has pushed the share price up by 47% per year in that time. It's never too late to start following a top notch stock like Hamilton Thorne, since some long term winners go on winning for decades. On the face of it, this looks lke a good opportunity, although we note sentiment seems very positive already.
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
If you are thinking of buying or selling Hamilton Thorne stock, you should check out this FREE detailed report on its balance sheet.
A Different Perspective
It's good to see that Hamilton Thorne has rewarded shareholders with a total shareholder return of 26% in the last twelve months. Having said that, the five-year TSR of 47% a year, is even better. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Hamilton Thorne has 3 warning signs we think you should be aware of.
We will like Hamilton Thorne better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
This article by Simply Wall St is general in nature. 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.
