Shyft Group is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Co.'s products include walk-in vans and truck bodies used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, luxury Class A diesel motor home chassis and contract manufacturing and assembly services. Co. supplies replacement parts and provides repair, maintenance, field service and refurbishment services for the vehicles that it manufactures. Co.'s operating activities are conducted through its subsidiary, The Shyft Group USA, Inc. We show 16 historical shares outstanding datapoints in our SHYF shares outstanding history coverage, used to compute SHYF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SHYF market cap history over the course of time is important for investors
interested in comparing SHYF'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 SHYF versus a peer is one thing; comparing
SHYF 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 SHYF can fluctuate over the course of history.
With this page we aim to empower investors researching SHYF by allowing them to research the SHYF market cap history. |
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Video: The Importance of Market Cap
