Weis Markets is engaged in the retail sale of food in Pennsylvania and surrounding states. Co.'s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products. The store product selection includes national, local and private brands including natural, gluten-free and organic varieties. Co. advertises its products and promotes its brand through weekly and monthly newspaper circulars; radio ads; e-mail blasts; and on-line via its web site, social media and mobile applications. We show 57 historical shares outstanding datapoints in our WMK shares outstanding history coverage, used to compute WMK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WMK market cap history over the course of time is important for investors
interested in comparing WMK'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 WMK versus a peer is one thing; comparing
WMK 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 WMK can fluctuate over the course of history.
With this page we aim to empower investors researching WMK by allowing them to research the WMK market cap history. |
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Video: The Importance of Market Cap
