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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Energy Services of America's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 18.7 Mil.
Energy Services of America (NAS:ESOA) Shares Outstanding (Diluted 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.
Energy Services of America Shares Outstanding (Diluted Average) Related Terms
Energy Services of America Shares Outstanding (Diluted Average) Historical Data
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The historical data trend for Energy Services of America's Shares Outstanding (Diluted 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.
Energy Services of America Shares Outstanding (Diluted Average) Chart
Energy Services of America Shares Outstanding (Diluted 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 (Diluted Average) of 18.7 Mil mean?
Energy Services of America (ESOA) has a Shares Outstanding (Diluted Average) of 18.7 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Energy Services of America and its competitors.
Is Energy Services of America's Shares Outstanding (Diluted Average) too high?
Energy Services of America's current Shares Outstanding (Diluted Average) is 18.7 Mil. Overall, Energy Services of America has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's Shares Outstanding (Diluted Average) compare to MTRX and PHOE?
Energy Services of America's Shares Outstanding (Diluted Average) of 18.7 Mil can be compared against companies in the Construction 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 (Diluted Average) for a Construction company?
A good Shares Outstanding (Diluted Average) depends on the Construction industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Energy Services of America and its competitors. Energy Services of America's current Shares Outstanding (Diluted Average) is 18.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Services of America stock overvalued right now?
Based on GuruFocus' analysis, Energy Services of America (ESOA) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.26, compared to a current price of $12.83 — trading 13.9% above its estimated fair value. The current Shares Outstanding (Diluted Average) is 18.7 Mil. Energy Services of America's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Energy Services of America (ESOA), the current Shares Outstanding (Diluted Average) is 18.7 Mil as of Jun. 2026. 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 Energy Services of America (ESOA) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Services of America stock appears to be overvalued.
The current stock price of $12.83 is trading 13.9% above its estimated GF Value™ of $11.26.
GuruFocus considers Energy Services of America to be Modestly Overvalued.
Key valuation signals for ESOA:
Shares Outstanding (Diluted Average): 18.7 Mil
GF Value™: $11.26 vs. price of $12.83 (13.9% above fair value)
No single metric tells the full story. See the ESOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
89GF Score
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