On Tuesday, Costco Wholesale Corp (NASDAQ: COST) opened higher 1.62% from the last session, before settling in for the closing price of $845.67. Price fluctuations for COST have ranged from $512.96 to $873.96 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 11.43%. Company’s average yearly earnings per share was noted 14.18% at the time writing. With a float of $442.31 million, this company’s outstanding shares have now reached $442.79 million.
The extent of productivity of a business whose workforce counts for 316000 workers is very important to gauge.
Costco Wholesale Corp (COST) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Discount Stores industry is another important factor to consider. The insider ownership of Costco Wholesale Corp is 0.23%, while institutional ownership is 70.11%. The most recent insider transaction that took place on Apr 17 ’24, was worth 567,443. In this transaction Senior EVP of this company sold 785 shares at a rate of $722.86, taking the stock ownership to the 10,000 shares. Before that another transaction happened on Mar 11 ’24, when Company’s Executive VP sold 2,500 for $714.86, making the entire transaction worth $1,787,150. This insider now owns 62,895 shares in total.
Costco Wholesale Corp (COST) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 14.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.93% during the next five years compared to 14.83% growth over the previous five years of trading.
Costco Wholesale Corp (NASDAQ: COST) Trading Performance Indicators
Check out the current performance indicators for Costco Wholesale Corp (COST). In the past quarter, the stock posted a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 51.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 16.13, a number that is poised to hit 5.02 in the next quarter and is forecasted to reach 17.63 in one year’s time.
Technical Analysis of Costco Wholesale Corp (COST)
The latest stats from [Costco Wholesale Corp, COST] show that its last 5-days average volume of 1.65 million was inferior to 1.97 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 32.71%. Additionally, its Average True Range was 12.67.
During the past 100 days, Costco Wholesale Corp’s (COST) raw stochastic average was set at 91.74%, which indicates a significant increase from 59.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.19% in the past 14 days, which was lower than the 19.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $802.44, while its 200-day Moving Average is $689.61. Now, the first resistance to watch is $865.45. This is followed by the second major resistance level at $871.55. The third major resistance level sits at $882.73. If the price goes on to break the first support level at $848.17, it is likely to go to the next support level at $836.99. The third support level lies at $830.89 if the price breaches the second support level.
Costco Wholesale Corp (NASDAQ: COST) Key Stats
There are currently 443,335K shares outstanding in the company with a market cap of 380.98 billion. Presently, the company’s annual sales total 242,290 M according to its annual income of 6,292 M. Last quarter, the company’s sales amounted to 58,515 M and its income totaled 1,681 M.
