Omnicell is a provider of medication management automation solutions and adherence tools for healthcare systems and pharmacies. Co. provides a range of automation, including robotics designed to digitize and streamline workflows and reduce human error in central pharmacy and clinical areas, and to support medication adherence initiatives in retail pharmacies. Co.'s automation products and services include central pharmacy automation solutions for both dispensing and IV compounding systems, medication and supply dispensing systems at the point of care, as well as medication adherence solutions which are used by retail, community, and outpatient pharmacies. We show 45 historical shares outstanding datapoints in our OMCL shares outstanding history coverage, used to compute OMCL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OMCL market cap history over the course of time is important for investors
interested in comparing OMCL'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 OMCL versus a peer is one thing; comparing
OMCL 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 OMCL can fluctuate over the course of history.
With this page we aim to empower investors researching OMCL by allowing them to research the OMCL market cap history. |
Video: The Importance of Market Cap
