SPEC (Spectaire Holdings) 3-Month Share Buyback Ratio: 0.00% (As of Jun. 2024 )


What is Spectaire Holdings 3-Month Share Buyback Ratio?

Spectaire Holdings SPEC 3-Month Share Buyback Ratio is 0.00 as of Jun. 2024.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Spectaire Holdings's current 3-Month Share Buyback Ratio was 0.00%.

Spectaire Holdings  (OTCPK:SPEC) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Spectaire Holdings 3-Month Share Buyback Ratio Related Terms

SPEC vs VLTO, FSS, ZWS: 3-Month Share Buyback Ratio Comparison

For the Pollution & Treatment Controls subindustry, Spectaire Holdings's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spectaire Holdings 3-Month Share Buyback Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Spectaire Holdings's 3-Month Share Buyback Ratio falls into.


Spectaire Holdings 3-Month Share Buyback Ratio Calculation

Spectaire Holdings's 3-Month Share Buyback Ratio for the quarter that ended in Jun. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2024 ) - Shares Outstanding (EOP) (Jun. 2024 )) / Shares Outstanding (EOP) (Mar. 2024 )
=(16.023 - 18.547) / 16.023
=-15.75%

* 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.

What does a 3-Month Share Buyback Ratio of 0.00 mean?
Spectaire Holdings (SPEC) has a 3-Month Share Buyback Ratio of 0.00 as of Jun. 2024. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Spectaire Holdings and its competitors.
Is Spectaire Holdings' 3-Month Share Buyback Ratio too high?
Spectaire Holdings' current 3-Month Share Buyback Ratio is 0.00.
How does Spectaire Holdings' 3-Month Share Buyback Ratio compare to VLTO and FSS?
Spectaire Holdings' 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for an Industrial Products company?
A good 3-Month Share Buyback Ratio depends on the Industrial Products industry context. However, 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Spectaire Holdings and its competitors. Spectaire Holdings's current 3-Month Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Spectaire Holdings (SPEC), the current 3-Month Share Buyback Ratio is 0.00 as of Jun. 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.