Alico is a holding company. Through its subsidiaries, Co. is an agribusiness and land management company. Co. operates two divisions: Alico Citrus, which owns and manages citrus land in DeSoto, Polk, Collier, Hendry, Charlotte, Highlands, and Hardee Counties in the State of Florida and engages in the cultivation of citrus trees to produce citrus for delivery to the fresh and processed citrus markets; and Land Management and Other Operations, which owns and manages land in Collier, Glades, and Hendry Counties in Florida and is engaged in land leasing for recreational and grazing purposes, conservation, and mining activities. We show 58 historical shares outstanding datapoints in our ALCO shares outstanding history coverage, used to compute ALCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALCO market cap history over the course of time is important for investors
interested in comparing ALCO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ALCO versus a peer is one thing; comparing
ALCO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ALCO can fluctuate over the course of history.
With this page we aim to empower investors researching ALCO by allowing them to research the ALCO market cap history. |
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Video: The Importance of Market Cap
