The closing price of Costco Wholesale Corp (NASDAQ: COST) was $736.88 for the day, up 3.19% from the previous closing price of $714.08. In other words, the price has increased by $+22.80 from its previous closing price. On the day, 3720289 shares were traded. COST stock price reached its highest trading level at $740.05 during the session, while it also had its lowest trading level at $716.91.
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 31.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.73. 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.
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, Telsey Advisory Group on March 08, 2024, Reiterated its Outperform rating but revised its target price to $800 from $785 previously.
On March 04, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $750 to $785.
Telsey Advisory Group reiterated its Outperform rating for the stock on February 06, 2024, while the target price for the stock was revised from $700 to $750.
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 Feb 09 ’24 when DECKER SUSAN L sold 1,442 shares for $723.48 per share. The transaction valued at 1,043,257 led to the insider holds 12,395 shares of the business.
JELINEK W CRAIG sold 8,000 shares of COST for $5,487,456 on Jan 23 ’24. The Director now owns 216,212 shares after completing the transaction at $685.93 per share. On Jan 18 ’24, another insider, Rubanenko Yoram, who serves as the Executive VP of the company, sold 2,500 shares for $680.33 each. As a result, the insider received 1,700,812 and left with 5,910 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 326.84B and an Enterprise Value of 318.33B. As of this moment, Costco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.21, and their Forward P/E ratio for the next fiscal year is 42.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 15.74. Its current Enterprise Value per Revenue stands at 1.30 whereas that against EBITDA is 28.63.
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 $456.42. The 50-Day Moving Average of the stock is 708.13, while the 200-Day Moving Average is calculated to be 599.25.
Shares Statistics:
COST traded an average of 2.44M shares per day over the past three months and 3.35M shares per day over the past ten days. A total of 442.79M shares are outstanding, with a floating share count of 441.61M. Insiders hold about 0.48% of the company’s shares, while institutions hold 69.98% stake in the company. Shares short for COST as of Feb 29, 2024 were 6.73M with a Short Ratio of 2.76, compared to 5.73M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.52% and a Short% of Float of 1.52%.
Dividends & Splits
With its trailing 12-month dividend rate of 4.08, COST has a forward annual dividend rate of 4.01. Against a Trailing Annual Dividend Yield of 0.57%, it implies a Forward Annual Dividend Yield of 0.55%. The stock’s 5-year Average Dividend Yield is 0.74. 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
The firm’s stock currently is rated by 27 analysts. On average, analysts expect EPS of $3.65 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 $4.99, with high estimates of $5.73 and low estimates of $4.5.
Analysts are recommending an EPS of between $16.79 and $15.35 for the fiscal current year, implying an average EPS of $16.05. EPS for the following year is $17.32, with 34 analysts recommending between $19.97 and $16.55.
Revenue Estimates
A total of 32 analysts have provided revenue estimates for COST’s current fiscal year. The highest revenue estimate was $260.62B, while the lowest revenue estimate was $246.63B, resulting in an average revenue estimate of $254.06B. 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 $272.41B 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 7.20% from the average revenue estimate for this year.
