Oil-Dri Corporation of America is a manufacturer and supplier of specialty sorbent products for pet care, animal health and nutrition, fluid purification, agricultural ingredients, sports field, industrial and automotive markets. Its principal product is cat litter. Co.'s Retail and Wholesale Products Group segment customers include mass merchandisers, the farm and fleet channel, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, sports field product users and marketers of consumer products. We show 60 historical shares outstanding datapoints in our ODC shares outstanding history coverage, used to compute ODC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ODC market cap history over the course of time is important for investors
interested in comparing ODC'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 ODC versus a peer is one thing; comparing
ODC 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 ODC can fluctuate over the course of history.
With this page we aim to empower investors researching ODC by allowing them to research the ODC market cap history. |
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Video: The Importance of Market Cap
