SiteOne Landscape Supply, Inc. is a wholesale distributor of landscape supplies in the U.S. and has a growing presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design, installation, and maintenance of lawns, gardens, golf courses, and other outdoor spaces. Co. offers a comprehensive selection of approximately 160,000 stock keeping units (SKUs) including irrigation supplies, fertilizer, and control products (herbicides), hardscapes (including pavers, natural stone, and blocks), landscape accessories, nursery goods, outdoor lighting, and ice melt products to green industry professionals. We show 36 historical shares outstanding datapoints in our SITE shares outstanding history coverage, used to compute SITE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SITE market cap history over the course of time is important for investors
interested in comparing SITE'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 SITE versus a peer is one thing; comparing
SITE 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 SITE can fluctuate over the course of history.
With this page we aim to empower investors researching SITE by allowing them to research the SITE market cap history. |
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Video: The Importance of Market Cap
