Traeger is the creator and category of the wood pellet grill, an outdoor cooking system that ignites all-natural hardwoods to grill, smoke, bake, roast, braise, and barbeque. Co. designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. Co. produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, sauces and meal kits, as well as grill accessories (including covers, barbecue tools, MEATER smart thermometers and merchandise). A significant portion of Co.'s sales are generated from customers throughout the U.S., and Co. continues to develop distribution in Canada and Europe. We show 7 historical shares outstanding datapoints in our COOK shares outstanding history coverage, used to compute COOK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing COOK market cap history over the course of time is important for investors
interested in comparing COOK'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 COOK versus a peer is one thing; comparing
COOK 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 COOK can fluctuate over the course of history.
With this page we aim to empower investors researching COOK by allowing them to research the COOK market cap history. |
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Video: The Importance of Market Cap
