Alamo Group is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. Co.'s products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, forestry and tree maintenance equipment, snow removal equipment, leaf collection equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket parts. Co. sells its products primarily through a network of independent dealers and distributors to governmental end-users, related independent contractors, as well as to the agricultural and commercial turf markets. We show 50 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
