Daily Progress: Costco Wholesale Corp (COST) Drop -0.53, Closing at 892.52

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In the latest session, Costco Wholesale Corp (NASDAQ: COST) closed at $892.52 down -0.53% from its previous closing price of $897.27. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 1.34 million shares were traded. COST stock price reached its highest trading level at $904.98 during the session, while it also had its lowest trading level at $890.9497.

Ratios:

For a deeper understanding of Costco Wholesale Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.35. 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 the company, Redburn Atlantic on September 10, 2024, Downgraded its rating to Neutral and sets its target price to $890 from $860 previously.

On September 09, 2024, Morgan Stanley reiterated its Overweight rating and also lowered its target price recommendation from $855 to $950.

Gordon Haskett Upgraded its Accumulate to Buy on August 08, 2024, while the target price for the stock was maintained at $925.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 25 ’24 when Jones Teresa A. sold 4 shares for $832.55 per share. The transaction valued at 3,330 led to the insider holds 4,935 shares of the business.

GALANTI RICHARD A sold 500 shares of COST for $437,025 on Aug 15 ’24. The Executive Vice President now owns 22,900 shares after completing the transaction at $874.05 per share. On Aug 13 ’24, another insider, GALANTI RICHARD A, who serves as the Executive Vice President of the company, sold 500 shares for $863.88 each. As a result, the insider received 431,938 and left with 23,800 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 395685363712 and an Enterprise Value of 393483386880. As of this moment, Costco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.32, and their Forward P/E ratio for the next fiscal year is 50.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 18.18. Its current Enterprise Value per Revenue stands at 1.551 whereas that against EBITDA is 34.998.

Stock Price History:

Over the past 52 weeks, COST has reached a high of $923.83, while it has fallen to a 52-week low of $528.22. The 50-Day Moving Average of the stock is 3.52%, while the 200-Day Moving Average is calculated to be 16.42%.

Shares Statistics:

For the past three months, COST has traded an average of 1.90M shares per day and 1676540 over the past ten days. A total of 442.79M shares are outstanding, with a floating share count of 442.35M. Insiders hold about 0.22% of the company’s shares, while institutions hold 69.51% stake in the company. Shares short for COST as of 1724976000 were 7332130 with a Short Ratio of 3.86, compared to 1722384000 on 6550275. Therefore, it implies a Short% of Shares Outstanding of 7332130 and a Short% of Float of 1.66.

Dividends & Splits

According to the company, the forward annual dividend rate for COST is 4.34, from 4.22 in the trailing year. Against a Trailing Annual Dividend Yield of 0.004703155The stock’s 5-year Average Dividend Yield is 0.7.

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