Huttig Building Products is a distributor of millwork, building materials and wood products used principally in new residential construction and in-home improvement, remodeling and repair work. Co.'s products can be classified into three main categories: millwork, which includes exterior and interior doors, pre-hung and factory-finished door units, windows, patio doors, mouldings, frames, stair parts and columns; general building products, which includes fasteners and connectors, roofing, siding, insulation, flashing, housewrap, decking, railings and other miscellaneous building products; and wood products, which includes engineered wood used in floor systems, wood panels and lumber. We show 50 historical shares outstanding datapoints in our HBP shares outstanding history coverage, used to compute HBP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HBP market cap history over the course of time is important for investors
interested in comparing HBP'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 HBP versus a peer is one thing; comparing
HBP 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 HBP can fluctuate over the course of history.
With this page we aim to empower investors researching HBP by allowing them to research the HBP market cap history. |
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Video: The Importance of Market Cap
