Alamo Group Inc. is engaged in designing, manufacturing, distributing and providing equipment for infrastructure maintenance, agriculture and other applications. Co. operates through two segments: Vegetation Management Division and Industrial Equipment Division. The Vegetation Management Division includes the operations of the mowing and forestry/tree care operations, Morbark and Dutch Power business units. The Industrial Equipment Division includes the Co.'s vocational truck business and other industrial operations, such as excavators, vacuum trucks, street sweepers and snow removal equipment. We show 60 historical shares outstanding datapoints in our ALG shares outstanding history coverage, used to compute ALG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALG market cap history over the course of time is important for investors
interested in comparing ALG'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 ALG versus a peer is one thing; comparing
ALG 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 ALG can fluctuate over the course of history.
With this page we aim to empower investors researching ALG by allowing them to research the ALG market cap history. |
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Video: The Importance of Market Cap
