Costco Wholesale Corp (NASDAQ:COST) currently has a daily average trading volume of 2.12M but it saw 1802513 shares traded in last market. With a market cap of 320.46B USD, the company’s current market price of $722.58 came rising about 0.56 while comparing to the previous closing price of $718.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $787.08 and as low as $466.15.
Taking a look at 20-day trading activity of Costco Wholesale Corp (COST) gives us an average price of $725.50, while its current price level is -8.19% below from 52-week high level whereas it is 55.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $728.46 while that of 200 days or SMA-200 reads an average of $620.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.59% during that period while stretching the period over a month that decreases to 1.47%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.94 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Gordon Haskett which downgraded the stock as “Accumulate” in its note to investors issued on April 03, 2024, recommending a price target of $775 for it. Telsey Advisory Group issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $750 and $785.
Over the week, COST’s stock price is moving 2.39% up while it is 1.19% when we observe its performance for the past one month. Year-to-date it is 9.47% up and over the past year, the stock is showing an upside performance of 49.65%.
The latest quarterly earnings report issued by the company was for quarter ended 2/28/2024, when its quarterly earnings per share (EPS) of $3.92 beat the consensus estimate of $3.62 for the same. For COST, analysts are forecasting an EPS-growth rate of 14.10% for current year and estimate for EPS growth in next year is 7.50%. In next quarter, company is expected to be making quarterly sales of $80.03 billion as analysts are expecting the sales for current fiscal year at $254.17 billion and seeing the company making $272.34 billion in sales next year. Moreover, analysts are in estimates of $57.59 billion for current-quarter revenue.
Currently, Costco Wholesale Corp’s total number of outstanding shares is 442.79M with 0.20% of that held by the insiders while 72.24% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 23.34% and return on equity (ROE) at 31.20%. It has a price to earnings ratio (P/E ratio) of 47.28 while having a 41.60 of forward P/E ratio. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 15.44 while price to sale or P/S ratio amounts to 1.29. Its return on asset (ROA) is 10.20% on average.
