ESCO Technologies Inc. provides highly engineered products and solutions to diverse and growing end-markets that include the aerospace, defense, space, healthcare, wireless, consumer electronics, electric utility and renewable energy industries. Co. has three segments: Aerospace & Defense (A&D), Utility Solutions Group (USG), and RF Test & Measurement (Test). A&D segment primarily designs and manufactures specialty filtration, fluid control and naval products, including hydraulic filter elements, fluid control devices and precision-tolerance machined components. We show 60 historical shares outstanding datapoints in our ESE shares outstanding history coverage, used to compute ESE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ESE market cap history over the course of time is important for investors
interested in comparing ESE'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 ESE versus a peer is one thing; comparing
ESE 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 ESE can fluctuate over the course of history.
With this page we aim to empower investors researching ESE by allowing them to research the ESE market cap history. |
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Video: The Importance of Market Cap
