Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Where Food Comes From's shares outstanding for the quarter that ended in Mar. 2026 was 5.04 Mil.
Where Food Comes From's quarterly shares outstanding
declined
from Dec. 2025 (5.06 Mil) to Mar. 2026 (5.04 Mil).
It means Where Food Comes Frombought back shares from Dec. 2025 to Mar. 2026 .
Where Food Comes From's annual shares outstanding
declined
from Dec. 2024 (5.24 Mil) to Dec. 2025 (5.06 Mil).
It means Where Food Comes Frombought back shares from Dec. 2024 to Dec. 2025 .
Where Food Comes From (NAS:WFCF) Shares Outstanding (EOP) Explanation
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.
Where Food Comes From Shares Outstanding (EOP) Related Terms
Where Food Comes From Shares Outstanding (EOP) Historical Data
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The historical data trend for Where Food Comes From'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.
Where Food Comes From Shares Outstanding (EOP) Chart
WFCF vs ANPA, DLHC, TISI: Shares Outstanding (EOP) Comparison
For the Specialty Business Services subindustry, Where Food Comes From'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.
Where Food Comes From Shares Outstanding (EOP) vs Business Services Industry
For the Business Services industry and Industrials sector, Where Food Comes From's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Where Food Comes From's Shares Outstanding (EOP) falls into.
Where Food Comes From Shares Outstanding (EOP) Calculation
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 5.04 Mil mean?
Where Food Comes From (WFCF) has a Shares Outstanding (EOP) of 5.04 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Where Food Comes From and its competitors.
Is Where Food Comes From's Shares Outstanding (EOP) too high?
Where Food Comes From's current Shares Outstanding (EOP) is 5.04 Mil. Overall, Where Food Comes From has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Where Food Comes From's Shares Outstanding (EOP) compare to ANPA and DLHC?
Where Food Comes From's Shares Outstanding (EOP) of 5.04 Mil can be compared against companies in the Business 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 Business Services company?
A good Shares Outstanding (EOP) depends on the Business 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 Where Food Comes From and its competitors. Where Food Comes From's current Shares Outstanding (EOP) is 5.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Where Food Comes From stock overvalued right now?
Based on GuruFocus' analysis, Where Food Comes From (WFCF) is currently considered Fairly Valued. The stock's GF Value™ is $12.41, compared to a current price of $12.05 — trading 2.9% below its estimated fair value. The current Shares Outstanding (EOP) is 5.04 Mil. Where Food Comes From's overall GF Score™ is 79/100 with 3 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 Where Food Comes From (WFCF), the current Shares Outstanding (EOP) is 5.04 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 Where Food Comes From (WFCF) Overvalued in 2026?
Based on GuruFocus' analysis, Where Food Comes From stock appears to be undervalued.
The current stock price of $12.05 is trading 2.9% below its estimated GF Value™ of $12.41.
GuruFocus considers Where Food Comes From to be Fairly Valued.
Key valuation signals for WFCF:
Shares Outstanding (EOP): 5.04 Mil
GF Value™: $12.41 vs. price of $12.05 (2.9% below fair value)
No single metric tells the full story. See the WFCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Where Food Comes From Inc is a third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural and aquaculture products are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. It also provides a wide range of professional consulting services. It generates the majority of its revenue from Verification and certification services.
79GF Score
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