Sanderson Farms is a poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. In addition, Co. is engaged in the processing, marketing and distribution of processed and minimally prepared chicken. Co. sells ice-packed, chill-packed, bulk-packed and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms® brand name, to retailers, distributors, and casual dining operators in the U.S. and to customers who resell frozen chicken into export markets. Co.'s production subsidiary, Sanderson Farms, Inc. (Production Division), is engaged in the production of chickens to the broiler stage. We show 49 historical shares outstanding datapoints in our SAFM shares outstanding history coverage, used to compute SAFM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SAFM market cap history over the course of time is important for investors
interested in comparing SAFM'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 SAFM versus a peer is one thing; comparing
SAFM 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 SAFM can fluctuate over the course of history.
With this page we aim to empower investors researching SAFM by allowing them to research the SAFM market cap history. |
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Video: The Importance of Market Cap
