ITEX (ITEX) Shares Outstanding (Basic Average): 1.64 Mil (As of Jul. 2025)

ITEX ITEX -3.11% 71 Shares Outstanding (Basic Average) is 1.64 Mil as of Jul. 2025. GuruFocus rates ITEX with a GF Score™ of 71/100 and a GF Value™ of $3.79 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ITEX's average basic shares outstanding for the quarter that ended in Jul. 2025 was 1.64 Mil.

ITEX (OTCPK:ITEX) 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.

ITEX Shares Outstanding (Basic Average) Related Terms

ITEX Shares Outstanding (Basic Average) Historical Data

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The historical data trend for ITEX'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.

ITEX Shares Outstanding (Basic Average) Chart

ITEX Annual Data

Trend

Jul16

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Jul25

Shares Outstanding (Basic Average)

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1.57

1.54

1.58

1.54

1.56

ITEX Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25
Shares Outstanding (Basic Average)	Get a 7-Day Free Trial															1.77	1.77	1.70	1.70	1.64

71GF Score

ITEX Corp ITEX

Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.

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ITEX 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.

Frequently Asked Questions Learn more about Shares Outstanding (Basic Average) →

What does a Shares Outstanding (Basic Average) of 1.64 Mil mean?

ITEX (ITEX) has a Shares Outstanding (Basic Average) of 1.64 Mil as of Jul. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on ITEX and its competitors.

Is ITEX's Shares Outstanding (Basic Average) too high?

ITEX's current Shares Outstanding (Basic Average) is 1.64 Mil. Overall, ITEX has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does ITEX's Shares Outstanding (Basic Average) compare to MEGL and LMFA?

ITEX's Shares Outstanding (Basic Average) of 1.64 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?

A good Shares Outstanding (Basic Average) depends on the Capital Markets 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 ITEX and its competitors. ITEX's current Shares Outstanding (Basic Average) is 1.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ITEX stock overvalued right now?

Based on GuruFocus' analysis, ITEX (ITEX) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.79, compared to a current price of $2.95 — trading 22.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 1.64 Mil. ITEX's overall GF Score™ is 71/100 with 4 warning signs to review. 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 ITEX (ITEX), the current Shares Outstanding (Basic Average) is 1.64 Mil as of Jul. 2025. 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 ITEX (ITEX) Overvalued in 2026?

Based on GuruFocus' analysis, ITEX stock appears to be undervalued. The current stock price of $2.95 is trading 22.1% below its estimated GF Value™ of $3.79. GuruFocus considers ITEX to be Modestly Undervalued.

Key valuation signals for ITEX:

Shares Outstanding (Basic Average): 1.64 Mil
GF Value™: $3.79 vs. price of $2.95 (22.1% below fair value)
GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ITEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ITEX Business Description

Industry Financial Services Capital Markets

Comparable Companies MEGL LMFA WAI PMAX IPST ANY ABTS NCPL MWAI BTMCQ MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 IBKR SHSE:601211

Address 13555 South East 36th Street, Suite 210, Bellevue, WA, USA, 98006

Website https://www.itexcorp.com

ITEX Corp operates a marketplace in which products and services are exchanged by marketplace members utilizing virtual currency. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). It administers the marketplace and provides record-keeping and payment transaction processing services for its members. It generates revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars.

71GF Score

Get the complete analysis for ITEX

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.95

Price

$3.79

GF Value

View ITEX Analysis

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