Dogness (International) (NASDAQ:DOGZ) shareholders are still up 33% over 1 year despite pulling back 67% in the past week

Simply Wall St
January 13, 2022
Source: Shutterstock

Dogness (International) Corporation (NASDAQ:DOGZ) shareholders might understandably be very concerned that the share price has dropped -67% in the last week. But that doesn't change the reality that over twelve months the stock has done really well. Looking at the full year, the company has easily bested an index fund by gaining 33%.

Although Dogness (International) has shed US$185m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.

See our latest analysis for Dogness (International)

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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.

During the last year Dogness (International) grew its earnings per share, moving from a loss to a profit.

We think the growth looks very prospective, so we're not surprised the market liked it too. Inflection points like this can be a great time to take a closer look at a company.

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

NasdaqGM:DOGZ Earnings Per Share Growth January 13th 2022

Dive deeper into Dogness (International)'s key metrics by checking this interactive graph of Dogness (International)'s earnings, revenue and cash flow.

A Different Perspective

It's nice to see that Dogness (International) shareholders have gained 33% (in total) over the last year. What is absolutely clear is that is far preferable to the dismal 7% average annual loss suffered over the last three years. We're generally cautious about putting too much weigh on shorter term data, but the recent improvement is definitely a positive. It's always interesting to track share price performance over the longer term. But to understand Dogness (International) better, we need to consider many other factors. For instance, we've identified 5 warning signs for Dogness (International) (2 are a bit unpleasant) that you should be aware of.

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

Discounted cash flow calculation for every stock

Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. It’s FREE.

Make Confident Investment Decisions

Simply Wall St's Editorial Team provides unbiased, factual reporting on global stocks using in-depth fundamental analysis.
Find out more about our editorial guidelines and team.