Casey's General Stores operates convenience stores under the names Casey's and Casey's General Store. Co.'s main product is handmade pizza. Co.'s prepared food offerings includes made to order cheesy breadsticks, sandwiches and wraps, chicken wings, chicken tenders, breakfast croissants and biscuits, breakfast pizza, breakfast burritos, hash browns, burgers, and bakery items. Co.'s products includes: non-alcoholic beverages; alcoholic beverages; packaged foods; tobacco and nicotine products; frozen foods; non-foods (health and beauty aids, automotive, electronic accessories, housewares and pet supplies); and services (ATM, lotto/lottery and prepaid cards). We show 57 historical shares outstanding datapoints in our CASY shares outstanding history coverage, used to compute CASY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CASY market cap history over the course of time is important for investors
interested in comparing CASY'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 CASY versus a peer is one thing; comparing
CASY 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 CASY can fluctuate over the course of history.
With this page we aim to empower investors researching CASY by allowing them to research the CASY market cap history. |
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Video: The Importance of Market Cap
