Garmin Ltd. (Garmin) is a Switzerland-based entity. Co. and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. Co. operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. We show 60 historical shares outstanding datapoints in our GRMN shares outstanding history coverage, used to compute GRMN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GRMN market cap history over the course of time is important for investors
interested in comparing GRMN'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 GRMN versus a peer is one thing; comparing
GRMN 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 GRMN can fluctuate over the course of history.
With this page we aim to empower investors researching GRMN by allowing them to research the GRMN market cap history. |
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Video: The Importance of Market Cap
