Sparton is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. Co. has two segments: manufacturing and design services, which is comprised of contract design, manufacturing, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses for customers to bring their intellectual property to market; and engineered components and products, which is comprised of design, development and production of proprietary products for both domestic and foreign defense as well as commercial needs. We show 38 historical shares outstanding datapoints in our SPA shares outstanding history coverage, used to compute SPA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPA market cap history over the course of time is important for investors
interested in comparing SPA'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 SPA versus a peer is one thing; comparing
SPA 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 SPA can fluctuate over the course of history.
With this page we aim to empower investors researching SPA by allowing them to research the SPA market cap history. |
Free SPA Email Alerts:
Video: The Importance of Market Cap
