Titan Machinery owns and operates a network of agricultural and construction equipment stores in the U.S and Europe. Co. operates its business in three segments, Agriculture, Construction and International, within which it engages in four principal business activities: new and used equipment sales, whereby it sells new agricultural and construction equipment; parts sales, whereby it maintains a parts inventory to provide parts and repair and maintenance support to its customers; equipment repair and maintenance services, whereby it provides repair and maintenance services for its customers' equipment; and equipment rental and other activities, whereby it rents equipment to its customers. We show 58 historical shares outstanding datapoints in our TITN shares outstanding history coverage, used to compute TITN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TITN market cap history over the course of time is important for investors
interested in comparing TITN'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 TITN versus a peer is one thing; comparing
TITN 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 TITN can fluctuate over the course of history.
With this page we aim to empower investors researching TITN by allowing them to research the TITN market cap history. |
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Video: The Importance of Market Cap
