Middleby is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. Co.'s segments are: Commercial Foodservice Equipment Group, which has a portfolio of foodservice equipment that enable it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation; Food Processing Equipment Group, which provides a portfolio of processing solutions for customers producing protein products and bakery products; and Residential Kitchen Equipment Group, which manufactures, sells and distributes kitchen equipment for the residential market. We show 58 historical shares outstanding datapoints in our MIDD shares outstanding history coverage, used to compute MIDD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MIDD market cap history over the course of time is important for investors
interested in comparing MIDD'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 MIDD versus a peer is one thing; comparing
MIDD 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 MIDD can fluctuate over the course of history.
With this page we aim to empower investors researching MIDD by allowing them to research the MIDD market cap history. |
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Video: The Importance of Market Cap
