ESCO Technologies is: a global provider of filtration and fluid control products and integrated propulsion systems for the aviation, navy, space and process markets worldwide, as well as composite-based products and solutions for navy, defense and industrial customers; engaged in radio frequency shielding and electromagnetic compatibility test products; and a provider of diagnostic instruments, software and services for the benefit of industrial power users and the electric utility and renewable energy industries. Co.'s operating subsidiaries are engaged primarily in the research, development, manufacture, sale and support of the products and systems. We show 52 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
