Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Financial Gravity's shares outstanding for the quarter that ended in Jun. 2023 was 94.78 Mil.
Financial Gravity's quarterly shares outstanding
increased
from Dec. 2022 (91.81 Mil) to Jun. 2023 (94.78 Mil).
It means Financial Gravityissued new shares from Dec. 2022 to Jun. 2023 .
Financial Gravity's annual shares outstanding
increased
from Sep. 2021 (91.62 Mil) to Sep. 2022 (91.81 Mil).
It means Financial Gravityissued new shares from Sep. 2021 to Sep. 2022 .
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.
Financial Gravity Shares Outstanding (EOP) Related Terms
Financial Gravity Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Financial Gravity'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.
For the Financial Conglomerates subindustry, Financial Gravity'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.
Financial Gravity Shares Outstanding (EOP) vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Financial Gravity's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Financial Gravity'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 94.78 Mil mean?
Financial Gravity (FGCO) has a Shares Outstanding (EOP) of 94.78 Mil as of Jun. 2023. The total shares a company has outstanding, at period-end. View historical data on Financial Gravity and its competitors.
Is Financial Gravity's Shares Outstanding (EOP) too high?
Financial Gravity's current Shares Outstanding (EOP) is 94.78 Mil. Overall, Financial Gravity has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Financial Gravity's Shares Outstanding (EOP) compare to VOYA?
Financial Gravity's Shares Outstanding (EOP) of 94.78 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Shares Outstanding (EOP) depends on the Diversified Financial Services 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 Financial Gravity and its competitors. Financial Gravity's current Shares Outstanding (EOP) is 94.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Financial Gravity stock overvalued right now?
Financial Gravity (FGCO) has a current Shares Outstanding (EOP) of 94.78 Mil. The current Shares Outstanding (EOP) is 94.78 Mil. Financial Gravity's overall GF Score™ is 34/100. 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 Financial Gravity (FGCO), the current Shares Outstanding (EOP) is 94.78 Mil as of Jun. 2023. 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.
Financial Gravity Companies Inc through its subsidiaries, helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO, Forta, FGAM, FGFOS, FGIS, FGEM, and TMN.
34GF Score
Get the complete analysis for FGCO
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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