Euronet Worldwide is an electronic payments provider. Co.'s segments are: Electronic Fund Transfer Processing, which provides electronic payment solutions consisting of automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale management solutions, credit, debit and prepaid card outsourcing, and card issuing and merchant acquiring services; epay, which provides distribution and processing of prepaid mobile airtime and other electronic content and payment processing services; and Money Transfer, which provides global consumer-to-consumer money transfer services and global account-to-account money transfer services. We show 57 historical shares outstanding datapoints in our EEFT shares outstanding history coverage, used to compute EEFT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EEFT market cap history over the course of time is important for investors
interested in comparing EEFT'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 EEFT versus a peer is one thing; comparing
EEFT 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 EEFT can fluctuate over the course of history.
With this page we aim to empower investors researching EEFT by allowing them to research the EEFT market cap history. |
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Video: The Importance of Market Cap
