Hooker Furnishings Corporation is a designer, marketer, and importer of various furniture types, including casegoods, leather, and fabric-upholstered pieces, along with lighting and home decor for residential, hospitality, and contract markets. The company operates through three main segments: Hooker Branded, which encompasses Hooker Casegoods and Hooker Upholstery, offering upper-medium priced furniture for home entertainment, offices, and dining; Home Meridian, which includes brands like Pulaski and Samuel Lawrence; and Domestic Upholstery, featuring Bradington-Young and Shenandoah Furniture. This diverse portfolio caters to a wide range of consumer needs and preferences. We show 58 historical shares outstanding datapoints in our HOFT shares outstanding history coverage, used to compute HOFT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HOFT market cap history over the course of time is important for investors
interested in comparing HOFT'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 HOFT versus a peer is one thing; comparing
HOFT 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 HOFT can fluctuate over the course of history.
With this page we aim to empower investors researching HOFT by allowing them to research the HOFT market cap history. |
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Video: The Importance of Market Cap
