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In the latest session, Costco Wholesale Corp (NASDAQ: COST) closed at $810.03 down -0.68% from its previous closing price of $815.56. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 1.76 million shares were traded. COST stock price reached its highest trading level at $822.0 during the session, while it also had its lowest trading level at $803.28.
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 31.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.42. 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, Telsey Advisory Group on July 11, 2024, Reiterated its Outperform rating but revised its target price to $925 from $900 previously.
On July 11, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $905 to $950.
Stifel reiterated its Buy rating for the stock on July 02, 2024, while the target price for the stock was revised from $850 to $900.
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 15 ’24 when Hines Daniel M. sold 1,500 shares for $848.53 per share. The transaction valued at 1,272,796 led to the insider holds 10,992 shares of the business.
DENMAN KENNETH D sold 350 shares of COST for $298,036 on Jul 15 ’24. The Director now owns 5,920 shares after completing the transaction at $851.53 per share. On Jul 12 ’24, another insider, Hines Daniel M., who serves as the Principal Acctg Officer of the company, sold 1,500 shares for $844.20 each. As a result, the insider received 1,266,300 and left with 12,492 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 359114670080 and an Enterprise Value of 359364296704. As of this moment, Costco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.21, and their Forward P/E ratio for the next fiscal year is 45.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 16.50. Its current Enterprise Value per Revenue stands at 1.417 whereas that against EBITDA is 31.963.
Stock Price History:
Over the past 52 weeks, COST has reached a high of $896.67, while it has fallen to a 52-week low of $518.76. The 50-Day Moving Average of the stock is -3.47%, while the 200-Day Moving Average is calculated to be 13.78%.
Shares Statistics:
For the past three months, COST has traded an average of 1.91M shares per day and 1924250 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 69.43% stake in the company. Shares short for COST as of 1721001600 were 7110581 with a Short Ratio of 3.73, compared to 1718323200 on 6555905. Therefore, it implies a Short% of Shares Outstanding of 7110581 and a Short% of Float of 1.6099999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for COST is 5.38, from 4.22 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0051743584The stock’s 5-year Average Dividend Yield is 0.71.
