The Hershey produces chocolate and snack as well as engages in chocolate and non-chocolate confectionery. Co.'s segments are: North America Confectionery, which includes chocolate and non-chocolate confectionery, gum and refreshment products, protein bars, spreads, snack bites and mixes, pantry and food service lines; North America Salty Snacks, which includes ready-to-eat popcorn, baked and trans fat free snacks, pretzels and other snacks; and International, which has operations and manufactures product in Mexico, Brazil, India and Malaysia, and also distributes and sells confectionery products in export markets of Asia, Latin America, Middle East, Europe, Africa and other regions. We show 56 historical shares outstanding datapoints in our HSY shares outstanding history coverage, used to compute HSY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Hershey market cap history over the course of time is important for investors
interested in comparing Hershey'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 Hershey versus a peer is one thing; comparing
Hershey 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 Hershey can fluctuate over the course of history.
With this page we aim to empower investors researching Hershey by allowing them to research the Hershey market cap history. |
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Video: The Importance of Market Cap
