Spartan Motors is engaged in vehicle manufacturing and assembly for the commercial vehicle, emergency response and recreational vehicle industries. Co.'s segments are: Fleet Vehicles and Services, which manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery and mobile retail industries; Emergency Response Vehicles, which engineers and manufactures custom emergency response cabs and chassis and apparatus; and Specialty Chassis and Vehicles, which engineers and manufactures Class A diesel motor home chassis, manufactures its Reach walk-in van, provides contract assembly of defense vehicles and other chassis, and distributes related aftermarket parts and accessories. We show 42 historical shares outstanding datapoints in our SPAR shares outstanding history coverage, used to compute SPAR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPAR market cap history over the course of time is important for investors
interested in comparing SPAR'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 SPAR versus a peer is one thing; comparing
SPAR 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 SPAR can fluctuate over the course of history.
With this page we aim to empower investors researching SPAR by allowing them to research the SPAR market cap history. |
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Video: The Importance of Market Cap
