Did Business Growth Power Milestone Scientific's (NYSEMKT:MLSS) Share Price Gain of 174%?

Simply Wall St
·3 min read

Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! Take, for example Milestone Scientific Inc. (NYSEMKT:MLSS). Its share price is already up an impressive 174% in the last twelve months. In contrast, the stock has fallen 8.2% in the last 30 days. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report. Also impressive, the stock is up 44% over three years, making long term shareholders happy, too.

See our latest analysis for Milestone Scientific

Milestone Scientific wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually expect strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

Milestone Scientific actually shrunk its revenue over the last year, with a reduction of 35%. So we would not have expected the share price to rise 174%. It just goes to show the market doesn't always pay attention to the reported numbers. It's quite likely the revenue fall was already priced in, anyway.

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

earnings-and-revenue-growth
earnings-and-revenue-growth

This free interactive report on Milestone Scientific's balance sheet strength is a great place to start, if you want to investigate the stock further.

A Different Perspective

It's nice to see that Milestone Scientific shareholders have received a total shareholder return of 174% over the last year. There's no doubt those recent returns are much better than the TSR loss of 5.7% per year over five years. This makes us a little wary, but the business might have turned around its fortunes. It's always interesting to track share price performance over the longer term. But to understand Milestone Scientific better, we need to consider many other factors. Take risks, for example - Milestone Scientific has 4 warning signs we think you should be aware of.

But note: Milestone Scientific may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

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

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