Teleflex is a global provider of medical technology products. Co. primarily designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications. Co. has four segments: Americas, Europe, the Middle East and Africa, Asia Pacific and Original Equipment Manufacturer and Development Services (OEM). Each of Co.'s three geographic segments provides a portfolio of medical technology products used by hospitals and healthcare providers. Co.'s OEM segment designs, manufactures and supplies devices and instruments for other medical device manufacturers. We show 57 historical shares outstanding datapoints in our TFX shares outstanding history coverage, used to compute TFX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Teleflexorporated market cap history over the course of time is important for investors
interested in comparing Teleflexorporated'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 Teleflexorporated versus a peer is one thing; comparing
Teleflexorporated 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 Teleflexorporated can fluctuate over the course of history.
With this page we aim to empower investors researching Teleflexorporated by allowing them to research the Teleflexorporated market cap history. |
Free TFX Email Alerts:
Video: The Importance of Market Cap
