Shares Outstanding

Asset symbol is not found or was delisted

We are unable to locate this entity at this time. If you believe the symbol you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.

Indicator Description

Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Shares Outstanding

 = 

Public Shares

-

Repurchased

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding In A Nutshell

Shares outstanding are all shares that have not been repurchased by the company and taken out of circulation for the time being. Why might you need to know shares outstanding, the first is if a company is implementing a share buyback program.

There are a set number of shares that are made when a company decides to go public. With that comes different classes and other differing factors, but for this explanation, we are focusing on outstanding shares.

Closer Look at Shares Outstanding

When a company takes shares out of circulation, it drives price up in theory because there is less supply and demand has not changed, but that does not always take place in a free market. Shares outstanding also may increase if the company sells more shares to the market giving them more cash to spend as they wish.

If you see shares outstanding increasing, you may want to take a step back and see if there is a reason why it is increasing. It could be all apart of their plan which is fine, but if the company is struggling for cash and keeps selling shares to the market, that could be an indication of greater issues.

The ideal situation would be the company slowly purchases their shares back, increasing the value of the stock and the company becomes dependent upon their own cash flow. Of course each company has their own plan for outstanding shares and you need to fully understand what the company has in mind. Ideally you want to see the company sticking to their game plan and going with the flow. This should not be a huge issue, but it certainly can if the balance of shares begins to swing wildly.

Take a look on the Internet and see how others use shares outstanding in their research of a company. This could also lead into liquidity because smaller companies are not as traded and they may not have as many shares outstanding. All of these can be affected so be sure to take a quick glance and see what is going on. If you get stuck, reach out to an investing community or investing professional as they can help to point you in the right direction. Share count is an interesting factor to take a look at and it may swing your research into a direction you otherwise would have skipped.

Other Suggestions

0P0000A412 Franklin OpportunitiesFund
00182EBM0 ANZNZ 255 13 FEB 30Corporate Bond

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
FinTech Idea
FinTech
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Check out your portfolio center.
Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Complementary Tools

AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format