Conagra Brands is a packaged goods food company. Co.'s reporting segments are comprised of: Grocery and Snacks, which includes branded, shelf stable food products sold in various retail channels; Refrigerated and Frozen, which includes branded, temperature-controlled food products sold in various retail channels; International, which includes branded food products, in various temperature states, sold in various retail and foodservice channels; and Foodservice, which includes branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments. We show 47 historical shares outstanding datapoints in our CAG shares outstanding history coverage, used to compute CAG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAG market cap history over the course of time is important for investors
interested in comparing CAG'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 CAG versus a peer is one thing; comparing
CAG 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 CAG can fluctuate over the course of history.
With this page we aim to empower investors researching CAG by allowing them to research the CAG market cap history. |
Video: The Importance of Market Cap
