Published on 12 Apr 2024 on Simply Wall St. via Yahoo Finance
Investors in Five Point Holdings (NYSE:FPH) have unfortunately lost 63% over the last five years
Five Point Holdings, LLC (NYSE:FPH) shareholders should be happy to see the share price up 11% in the last quarter. But that can't change the reality that over the longer term (five years), the returns have been really quite dismal. In fact, the share price has declined rather badly, down some 63% in that time. So is the recent increase sufficient to restore confidence in the stock? Not yet. However, in the best case scenario (far from fait accompli), this improved performance might be sustained.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.