TIKK (Tel Instrument Electronics) Shares Outstanding (Basic Average): 3.26 Mil (As of Dec. 2024)


TIKK Tel Instrument Electronics Corp TIKK
65 GF Score
Price $1.30
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What is Tel Instrument Electronics Shares Outstanding (Basic Average)?

Tel Instrument Electronics TIKK 65 Shares Outstanding (Basic Average) is 3.26 Mil as of Dec. 2024. GuruFocus rates TIKK with a GF Score™ of 65/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tel Instrument Electronics's average basic shares outstanding for the quarter that ended in Dec. 2024 was 3.26 Mil.

Tel Instrument Electronics  (OTCPK:TIKK) 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.

Tel Instrument Electronics Shares Outstanding (Basic Average) Related Terms

Tel Instrument Electronics Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Tel Instrument Electronics'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.

Tel Instrument Electronics Shares Outstanding (Basic Average) Chart

Tel Instrument Electronics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 3.26 3.26 3.26 3.26

Tel Instrument Electronics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.26 3.26 3.26 3.26 3.26
TIKK
65GF Score
Tel Instrument Electronics Corp TIKK
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Tel Instrument Electronics 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 3.26 Mil mean?
Tel Instrument Electronics (TIKK) has a Shares Outstanding (Basic Average) of 3.26 Mil as of Dec. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Tel Instrument Electronics and its competitors.
Is Tel Instrument Electronics' Shares Outstanding (Basic Average) too high?
Tel Instrument Electronics' current Shares Outstanding (Basic Average) is 3.26 Mil. Overall, Tel Instrument Electronics has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tel Instrument Electronics' Shares Outstanding (Basic Average) compare to BLIS and HWKE?
Tel Instrument Electronics' Shares Outstanding (Basic Average) of 3.26 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Shares Outstanding (Basic Average) depends on the Aerospace & Defense 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 Tel Instrument Electronics and its competitors. Tel Instrument Electronics's current Shares Outstanding (Basic Average) is 3.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Instrument Electronics stock overvalued right now?
Tel Instrument Electronics (TIKK) has a current Shares Outstanding (Basic Average) of 3.26 Mil. The current Shares Outstanding (Basic Average) is 3.26 Mil. Tel Instrument Electronics' overall GF Score™ is 65/100. 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 Tel Instrument Electronics (TIKK), the current Shares Outstanding (Basic Average) is 3.26 Mil as of Dec. 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.

Tel Instrument Electronics Business Description

Address One Branca Road, East Rutherford, NJ, USA, 07073
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures, and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The Avionics government segment, which derives key revenue, consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. Geographically, the company generates a majority of its revenue from the United States and the rest from international markets.
65GF Score

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

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