Magazine Luiza Sa Stock Shares Outstanding

MGLU3 Stock  BRL 9.21  0.49  5.62%   
Magazine Luiza SA fundamentals help investors to digest information that contributes to Magazine Luiza's financial success or failures. It also enables traders to predict the movement of Magazine Stock. The fundamental analysis module provides a way to measure Magazine Luiza's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magazine Luiza stock.
  
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Magazine Luiza SA Company Shares Outstanding Analysis

Magazine Luiza's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Magazine Luiza Shares Outstanding

    
  6.68 B  
Most of Magazine Luiza's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magazine Luiza SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Magazine Luiza SA has 6.68 B of shares currently outstending. This is much higher than that of the Multiline Retail sector and significantly higher than that of the Consumer Discretionary industry. The shares outstanding for all Brazil stocks is significantly lower than that of the firm.

Magazine Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magazine Luiza's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magazine Luiza could also be used in its relative valuation, which is a method of valuing Magazine Luiza by comparing valuation metrics of similar companies.
Magazine Luiza is currently under evaluation in shares outstanding category among its peers.

Magazine Fundamentals

About Magazine Luiza Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magazine Luiza SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magazine Luiza using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magazine Luiza SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Magazine Stock Analysis

When running Magazine Luiza's price analysis, check to measure Magazine Luiza's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magazine Luiza is operating at the current time. Most of Magazine Luiza's value examination focuses on studying past and present price action to predict the probability of Magazine Luiza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magazine Luiza's price. Additionally, you may evaluate how the addition of Magazine Luiza to your portfolios can decrease your overall portfolio volatility.