Lowe's Companies is a home improvement retailer. Co. provides a line of products for construction, maintenance, repair, remodeling, and decorating. Co. provides home improvement products in the following categories: appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. Co. provides extended protection plans for various products within the appliances, kitchens and bath, decor, millwork, rough plumbing and electrical, seasonal and outdoor living, tools, and hardware categories. We show 45 historical shares outstanding datapoints in our LOW shares outstanding history coverage, used to compute LOW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LOW market cap history over the course of time is important for investors
interested in comparing LOW'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 LOW versus a peer is one thing; comparing
LOW 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 LOW can fluctuate over the course of history.
With this page we aim to empower investors researching LOW by allowing them to research the LOW market cap history. |
Video: The Importance of Market Cap
