Andersons is engaged in agriculture focusing on the trade, ethanol, plant nutrient and rail sectors. The Trade group focuses on the movement of physical commodities such as whole grains, grain products, feed ingredients, frac sand, domestic fuel products, and other agricultural commodities. The Ethanol Group produces, purchases and sells ethanol and coproducts, provides facility operations, risk management, and ethanol and coproducts marketing services. The Plant Nutrient Group is a manufacturer, distributor and retailer of agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products. The Rail Group leases various types of railcars and locomotives. We show 46 historical shares outstanding datapoints in our ANDE shares outstanding history coverage, used to compute ANDE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ANDE market cap history over the course of time is important for investors
interested in comparing ANDE'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 ANDE versus a peer is one thing; comparing
ANDE 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 ANDE can fluctuate over the course of history.
With this page we aim to empower investors researching ANDE by allowing them to research the ANDE market cap history. |
Video: The Importance of Market Cap
