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The closing price of Costco Wholesale Corp (NASDAQ: COST) was $884.31 for the day, down -0.29% from the previous closing price of $886.85. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1.69 million shares were traded. COST stock price reached its highest trading level at $890.27 during the session, while it also had its lowest trading level at $880.7.
Ratios:
Our analysis of COST’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on July 02, 2024, Reiterated its Buy rating but revised its target price to $900 from $850 previously.
On June 06, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $850 to $900.
Telsey Advisory Group reiterated its Outperform rating for the stock on May 31, 2024, while the target price for the stock was revised from $800 to $850.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 17 ’24 when Miller Russell D sold 785 shares for $722.86 per share. The transaction valued at 567,443 led to the insider holds 10,000 shares of the business.
Callans Patrick J sold 2,500 shares of COST for $1,787,150 on Mar 11 ’24. The Executive VP now owns 62,895 shares after completing the transaction at $714.86 per share. On Mar 11 ’24, another insider, Adamo Claudine, who serves as the Executive Vice President of the company, sold 1,500 shares for $714.83 each. As a result, the insider received 1,072,238 and left with 6,695 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 393171304448 and an Enterprise Value of 389843582976. As of this moment, Costco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.81, and their Forward P/E ratio for the next fiscal year is 50.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 18.01. Its current Enterprise Value per Revenue stands at 1.537 whereas that against EBITDA is 34.674.
Stock Price History:
The Beta on a monthly basis for COST is 0.78, which has changed by 0.64232516 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, COST has reached a high of $896.67, while it has fallen to a 52-week low of $513.39. The 50-Day Moving Average of the stock is 8.49%, while the 200-Day Moving Average is calculated to be 27.87%.
Shares Statistics:
COST traded an average of 1.75M shares per day over the past three months and 1640240 shares per day over the past ten days. A total of 442.79M shares are outstanding, with a floating share count of 442.30M. Insiders hold about 0.23% of the company’s shares, while institutions hold 70.12% stake in the company. Shares short for COST as of 1718323200 were 6555905 with a Short Ratio of 3.74, compared to 1715731200 on 6603415. Therefore, it implies a Short% of Shares Outstanding of 6555905 and a Short% of Float of 1.48.
Dividends & Splits
With its trailing 12-month dividend rate of 4.22, COST has a forward annual dividend rate of 4.17. Against a Trailing Annual Dividend Yield of 0.0047584143The stock’s 5-year Average Dividend Yield is 0.71. The current Payout Ratio is 27.12% for COST, which recently paid a dividend on 2024-04-25 with an ex-dividend date of 1714003200. Stock splits for the company last occurred on 2000-01-14 when the company split stock in a 2:1 ratio.
