Garmin, through its subsidiaries, designs, develops, manufactures, markets and distributes a family of hand-held, wearable, portable and fixed-mount Global Positioning System-enabled products and other navigation, communications, sensor-based and information products. Co. 's primary markets include: Fitness, which provides range of products for use in fitness and activity tracking; Outdoor, which provides range of products for use in outdoor activities; Marine, a manufacturer of recreational marine electronics; Aviation, which is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators; Auto, which provides a range of products for use in the auto market. We show 56 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
