SeaWorld Entertainment is a holding company. Through its wholly-owned subsidiary, SeaWorld Parks & Entertainment, Inc., Co. owns and operates various theme parks. Co.'s portfolio of branded theme parks includes: SeaWorld, a marine-life theme park brand; Busch Gardens theme parks, which are family oriented destinations designed to serve guests in international geographic settings; Aquatica-branded water parks, which are family oriented destinations in a South Seas-themed tropical setting; Sesame Place, a theme park dedicated to the television show, Sesame Street; and Adventure Island water park which features water rides, dining and other attractions that incorporate a Key West theme. We show 2 historical shares outstanding datapoints in our PRKS shares outstanding history coverage, used to compute PRKS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRKS market cap history over the course of time is important for investors
interested in comparing PRKS'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 PRKS versus a peer is one thing; comparing
PRKS 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 PRKS can fluctuate over the course of history.
With this page we aim to empower investors researching PRKS by allowing them to research the PRKS market cap history. |
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Video: The Importance of Market Cap
