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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Azzas 2154's shares outstanding for the quarter that ended in Mar. 2026 was 202 Mil.
Azzas 2154's quarterly shares outstanding
increased
from Dec. 2025 (202 Mil) to Mar. 2026 (202 Mil).
It means Azzas 2154issued new shares from Dec. 2025 to Mar. 2026 .
Azzas 2154's annual shares outstanding
declined
from Dec. 2024 (206 Mil) to Dec. 2025 (202 Mil).
It means Azzas 2154bought back shares from Dec. 2024 to Dec. 2025 .
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.
Azzas 2154 Shares Outstanding (EOP) Related Terms
Azzas 2154 Shares Outstanding (EOP) Historical Data
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The historical data trend for Azzas 2154'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.
BSP:AZZA3 vs NKE, DECK, ONON: Shares Outstanding (EOP) Comparison
For the Footwear & Accessories subindustry, Azzas 2154'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.
Azzas 2154 Shares Outstanding (EOP) vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azzas 2154's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Azzas 2154'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.
What does a Shares Outstanding (EOP) of 202 Mil mean?
Azzas 2154 (BSP:AZZA3) has a Shares Outstanding (EOP) of 202 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Azzas 2154 and its competitors.
Is Azzas 2154's Shares Outstanding (EOP) too high?
Azzas 2154's current Shares Outstanding (EOP) is 202 Mil. Overall, Azzas 2154 has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azzas 2154's Shares Outstanding (EOP) compare to NKE and DECK?
Azzas 2154's Shares Outstanding (EOP) of 202 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Manufacturing - Apparel & Accessories company?
A good Shares Outstanding (EOP) depends on the Manufacturing - Apparel & Accessories industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Azzas 2154 and its competitors. Azzas 2154's current Shares Outstanding (EOP) is 202 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzas 2154 stock overvalued right now?
Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$50.98, compared to a current price of R$18.59 — trading 63.5% below its estimated fair value. The current Shares Outstanding (EOP) is 202 Mil. Azzas 2154's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Azzas 2154 (BSP:AZZA3), the current Shares Outstanding (EOP) is 202 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Azzas 2154 (BSP:AZZA3) Overvalued in 2026?
Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued.
The current stock price of R$18.59 is trading 63.5% below its estimated GF Value™ of R$50.98.
GuruFocus considers Azzas 2154 to be Possible Value Trap.
Key valuation signals for BSP:AZZA3:
Shares Outstanding (EOP): 202 Mil
GF Value™: R$50.98 vs. price of R$18.59 (63.5% below fair value)
No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.
79GF Score
Get the complete analysis for BSP:AZZA3
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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