Utility (TSX:UTC.C) Shares Outstanding (Basic Average): 1.69 Mil (As of Nov. 2017)


What is Utility Shares Outstanding (Basic Average)?

Utility TSX:UTC.C Shares Outstanding (Basic Average) is 1.69 Mil as of Nov. 2017.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Utility's average basic shares outstanding for the quarter that ended in Nov. 2017 was 1.69 Mil.

Utility  (TSX:UTC.C) 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.

Utility Shares Outstanding (Basic Average) Related Terms

Utility Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Shares Outstanding (Basic Average) Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.07 2.07 2.00 1.85

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
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 2.00 2.00 1.85 1.85 1.69

Utility 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 1.69 Mil mean?
Utility (TSX:UTC.C) has a Shares Outstanding (Basic Average) of 1.69 Mil as of Nov. 2017. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Utility and its competitors.
Is Utility's Shares Outstanding (Basic Average) too high?
Utility's current Shares Outstanding (Basic Average) is 1.69 Mil.
How does Utility's Shares Outstanding (Basic Average) compare to PHCF?
Utility's Shares Outstanding (Basic Average) of 1.69 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management 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 Utility and its competitors. Utility's current Shares Outstanding (Basic Average) is 1.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current Shares Outstanding (Basic Average) of 1.69 Mil. The current Shares Outstanding (Basic Average) is 1.69 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 Utility (TSX:UTC.C), the current Shares Outstanding (Basic Average) is 1.69 Mil as of Nov. 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.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.