GCFB (Granite City Food & Brewery) Shares Outstanding (Basic Average): 14.4 Mil (As of Jun. 2017)


What is Granite City Food & Brewery Shares Outstanding (Basic Average)?

Granite City Food & Brewery GCFB Shares Outstanding (Basic Average) is 14.4 Mil as of Jun. 2017.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Granite City Food & Brewery's average basic shares outstanding for the quarter that ended in Jun. 2017 was 14.4 Mil.


Granite City Food & Brewery  (OTCPK:GCFB) Shares Outstanding (Basic Average) 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.


Be Aware

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.


Granite City Food & Brewery Shares Outstanding (Basic Average) Related Terms


Granite City Food & Brewery Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Granite City Food & Brewery's Shares Outstanding (Basic Average) 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.

Granite City Food & Brewery Shares Outstanding (Basic Average) Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 8.17 8.46 14.36 14.36

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.36 14.36 14.36 14.36 14.36

Granite City Food & Brewery Shares Outstanding (Basic Average) 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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 14.4 Mil mean?
Granite City Food & Brewery (GCFB) has a Shares Outstanding (Basic Average) of 14.4 Mil as of Jun. 2017. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Granite City Food & Brewery and its competitors.
Is Granite City Food & Brewery's Shares Outstanding (Basic Average) too high?
Granite City Food & Brewery's current Shares Outstanding (Basic Average) is 14.4 Mil.
How does Granite City Food & Brewery's Shares Outstanding (Basic Average) compare to BDVB and DBUB?
Granite City Food & Brewery's Shares Outstanding (Basic Average) of 14.4 Mil can be compared against companies in the Restaurants 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 (Basic Average) for a Restaurants company?
A good Shares Outstanding (Basic Average) depends on the Restaurants industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Granite City Food & Brewery and its competitors. Granite City Food & Brewery's current Shares Outstanding (Basic Average) is 14.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite City Food & Brewery stock overvalued right now?
Granite City Food & Brewery (GCFB) has a current Shares Outstanding (Basic Average) of 14.4 Mil. The current Shares Outstanding (Basic Average) is 14.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Granite City Food & Brewery (GCFB), the current Shares Outstanding (Basic Average) is 14.4 Mil as of Jun. 2017. 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.

Granite City Food & Brewery Business Description

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.