Stryker is a medical technology company. Co. has two segments: MedSurg and Neurotechnology and Orthopaedics and Spine. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, and emergency medical equipment and intensive care disposable products. Neurotechnology includes neurosurgical, neurovascular and craniomaxillofacial implant products. Orthopaedics products consist primarily of implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. Co.'s spinal implant offering includes cervical and thoracolumbar systems. We show 60 historical shares outstanding datapoints in our SYK shares outstanding history coverage, used to compute SYK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SYK market cap history over the course of time is important for investors
interested in comparing SYK'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 SYK versus a peer is one thing; comparing
SYK 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 SYK can fluctuate over the course of history.
With this page we aim to empower investors researching SYK by allowing them to research the SYK market cap history. |
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Video: The Importance of Market Cap
