Costco Wholesale Corp (NASDAQ: COST) closed the day trading at $705.69 down -0.79% from the previous closing price of $711.30. In other words, the price has decreased by -$5.61 from its previous closing price. On the day, 3201447 shares were traded. COST stock price reached its highest trading level at $710.81 during the session, while it also had its lowest trading level at $697.27.
Ratios:
For a better understanding of COST, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.40.
On March 08, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $785 to $800.
Telsey Advisory Group reiterated its Outperform rating for the stock on March 04, 2024, while the target price for the stock was revised from $750 to $785.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Callans Patrick J sold 2,500 shares for $714.86 per share. The transaction valued at 1,787,150 led to the insider holds 62,895 shares of the business.
Adamo Claudine sold 1,500 shares of COST for $1,072,238 on Mar 11 ’24. The Executive Vice President now owns 6,695 shares after completing the transaction at $714.83 per share. On Feb 09 ’24, another insider, DECKER SUSAN L, who serves as the Director of the company, sold 1,442 shares for $723.48 each. As a result, the insider received 1,043,257 and left with 12,395 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COST now has a Market Capitalization of 315.46B and an Enterprise Value of 314.58B. As of this moment, Costco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.17, and their Forward P/E ratio for the next fiscal year is 40.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 15.08. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is 27.54.
Stock Price History:
Over the past 52 weeks, COST has reached a high of $787.08, while it has fallen to a 52-week low of $466.15. The 50-Day Moving Average of the stock is 725.73, while the 200-Day Moving Average is calculated to be 615.33.
Shares Statistics:
Over the past 3-months, COST traded about 2.14M shares per day on average, while over the past 10 days, COST traded about 1.83M shares per day. A total of 442.79M shares are outstanding, with a floating share count of 441.38M. Insiders hold about 0.48% of the company’s shares, while institutions hold 70.68% stake in the company. Shares short for COST as of Mar 15, 2024 were 6.76M with a Short Ratio of 3.15, compared to 6.32M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.52% and a Short% of Float of 1.53%.
Dividends & Splits
COST’s forward annual dividend rate is 4.08, up from 4.08 a year ago. Against a Trailing Annual Dividend Yield of 0.57%, it implies a Forward Annual Dividend Yield of 0.57%. The stock’s 5-year Average Dividend Yield is 0.73. The current Payout Ratio is 27.12% for COST, which recently paid a dividend on Feb 16, 2024 with an ex-dividend date of Feb 01, 2024. Stock splits for the company last occurred on Jan 14, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 26 analysts. On average, analysts expect EPS of $3.66 for the current quarter, with a high estimate of $3.83 and a low estimate of $3.31, while EPS last year was $2.93. The consensus estimate for the next quarter is $5.01, with high estimates of $5.73 and low estimates of $4.66.
Analysts are recommending an EPS of between $16.79 and $15.75 for the fiscal current year, implying an average EPS of $16.16. EPS for the following year is $17.37, with 33 analysts recommending between $19.97 and $16.55.
Revenue Estimates
A total of 30 analysts have provided revenue estimates for COST’s current fiscal year. The highest revenue estimate was $258.01B, while the lowest revenue estimate was $251.69B, resulting in an average revenue estimate of $254.17B. In the same quarter a year ago, actual revenue was $242.29B, up 4.90% from the average estimate. Based on 30 analysts’ estimates, the company’s revenue will be $272.34B in the next fiscal year. The high estimate is $286.7B and the low estimate is $264.79B. The average revenue growth estimate for next year is up 7.10% from the average revenue estimate for this year.
