Quest Diagnostics Incorporated is a provider of diagnostic information services. Co. provides diagnostic insights from the results of its laboratory testing to enable people, physicians, and organizations to take action to improve health outcomes. It operates through the DIS segment, which provides diagnostic information services to a range of customers within its primary customer channels: physicians, hospitals, and patients and consumers. We show 60 historical shares outstanding datapoints in our DGX shares outstanding history coverage, used to compute DGX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DGX market cap history over the course of time is important for investors
interested in comparing DGX'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 DGX versus a peer is one thing; comparing
DGX 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 DGX can fluctuate over the course of history.
With this page we aim to empower investors researching DGX by allowing them to research the DGX market cap history. |
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Video: The Importance of Market Cap
