LUXH (LuxUrban Hotels) Shares Outstanding (Basic Average): 1.87 Mil (As of Sep. 2024)


What is LuxUrban Hotels Shares Outstanding (Basic Average)?

LuxUrban Hotels LUXH -74.90% Shares Outstanding (Basic Average) is 1.87 Mil as of Sep. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. LuxUrban Hotels's average basic shares outstanding for the quarter that ended in Sep. 2024 was 1.87 Mil.

LuxUrban Hotels  (OTCPK:LUXH) 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.

LuxUrban Hotels Shares Outstanding (Basic Average) Related Terms

LuxUrban Hotels Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for LuxUrban Hotels'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.

LuxUrban Hotels Shares Outstanding (Basic Average) Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
0.38 0.38 1.33 0.34 0.55

LuxUrban Hotels Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.64 0.64 0.70 0.94 1.87

LuxUrban Hotels 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 1.87 Mil mean?
LuxUrban Hotels (LUXH) has a Shares Outstanding (Basic Average) of 1.87 Mil as of Sep. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on LuxUrban Hotels and its competitors.
Is LuxUrban Hotels' Shares Outstanding (Basic Average) too high?
LuxUrban Hotels' current Shares Outstanding (Basic Average) is 1.87 Mil.
How does LuxUrban Hotels' Shares Outstanding (Basic Average) compare to MAR and HLT?
LuxUrban Hotels' Shares Outstanding (Basic Average) of 1.87 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Shares Outstanding (Basic Average) depends on the Travel & Leisure 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 LuxUrban Hotels and its competitors. LuxUrban Hotels's current Shares Outstanding (Basic Average) is 1.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LuxUrban Hotels stock overvalued right now?
LuxUrban Hotels (LUXH) has a current Shares Outstanding (Basic Average) of 1.87 Mil. The current Shares Outstanding (Basic Average) is 1.87 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 LuxUrban Hotels (LUXH), the current Shares Outstanding (Basic Average) is 1.87 Mil as of Sep. 2024. 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.

LuxUrban Hotels Business Description

Address 2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.