Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Bridgford Foods's shares outstanding for the quarter that ended in Jan. 2024 was 9.1 Mil.
Bridgford Foods's quarterly shares outstanding
stayed the same
from Oct. 2023 (9.1 Mil) to Jan. 2024 (9.1 Mil).
Bridgford Foods's annual shares outstanding
stayed the same
from Oct. 2022 (9.1 Mil) to Oct. 2023 (9.1 Mil).
Bridgford Foods Shares Outstanding (EOP) Historical Data
The historical data trend for Bridgford Foods's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Bridgford Foods's Shares Outstanding (EOP)
For the Packaged Foods subindustry, Bridgford Foods's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bridgford Foods's Shares Outstanding (EOP) Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bridgford Foods's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Bridgford Foods's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Bridgford Foods Shares Outstanding (EOP) Related Terms
Thank you for viewing the detailed overview of Bridgford Foods's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Bridgford Foods (Bridgford Foods) Business Description
Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BRID has been successfully added to your 