LSI Industries produces non-residential lighting and retail display solutions. Co.'s segments are: Lighting and Display Solutions. Co.'s Lighting segment manufactures, markets, and sells outdoor and indoor lighting fixture and controls solutions in the following markets: refueling and convenience store, parking lot and garage, quick-service restaurant, retail, grocery and pharmacy, automotive dealership, sports court and field, and warehouse. The Display Solutions segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, and store display fixtures. We show 57 historical shares outstanding datapoints in our LYTS shares outstanding history coverage, used to compute LYTS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LYTS market cap history over the course of time is important for investors
interested in comparing LYTS'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 LYTS versus a peer is one thing; comparing
LYTS 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 LYTS can fluctuate over the course of history.
With this page we aim to empower investors researching LYTS by allowing them to research the LYTS market cap history. |
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Video: The Importance of Market Cap
