Can Costco Wholesale Corp’s (COST) drop of -0.73% in a week be considered a lucky break?

On Tuesday, Costco Wholesale Corp (NASDAQ: COST) was -0.45% drop from the session before settling in for the closing price of $890.96. A 52-week range for COST has been $531.55 – $923.83.

Annual sales at Consumer Defensive sector company grew by 10.86% over the past five years. When this article was written, the company’s average yearly earnings per share was at 7.65%. With a float of $442.06 million, this company’s outstanding shares have now reached $443.13 million.

Let’s look at the performance matrix of the company that is accounted for 333000 employees. In terms of profitability, gross margin is 12.61%, operating margin of 3.65%, and the pretax margin is 3.83%.

Costco Wholesale Corp (COST) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Costco Wholesale Corp stocks. The insider ownership of Costco Wholesale Corp is 0.23%, while institutional ownership is 69.59%. The most recent insider transaction that took place on Oct 24 ’24, was worth 1,267,280. In this transaction Executive Vice President of this company sold 1,416 shares at a rate of $894.68, taking the stock ownership to the 27,400 shares. Before that another transaction happened on Oct 23 ’24, when Company’s Executive Vice President sold 800 for $896.54, making the entire transaction worth $717,236. This insider now owns 2,961 shares in total.

Costco Wholesale Corp (COST) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 7.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.31% during the next five years compared to 14.93% growth over the previous five years of trading.

Costco Wholesale Corp (NASDAQ: COST) Trading Performance Indicators

You can see what Costco Wholesale Corp (COST) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54. Likewise, its price to free cash flow for the trailing twelve months is 59.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 16.56, a number that is poised to hit 3.78 in the next quarter and is forecasted to reach 19.65 in one year’s time.

Technical Analysis of Costco Wholesale Corp (COST)

Costco Wholesale Corp (NASDAQ: COST) saw its 5-day average volume 1.51 million, a negative change from its year-to-date volume of 1.93 million. As of the previous 9 days, the stock’s Stochastic %D was 43.13%. Additionally, its Average True Range was 13.34.

During the past 100 days, Costco Wholesale Corp’s (COST) raw stochastic average was set at 71.84%, which indicates a significant increase from 35.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.13% in the past 14 days, which was lower than the 18.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $892.03, while its 200-day Moving Average is $804.77. Nevertheless, the first resistance level for the watch stands at $894.08 in the near term. At $901.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $911.16. If the price goes on to break the first support level at $877.00, it is likely to go to the next support level at $867.00. The third support level lies at $859.92 if the price breaches the second support level.

Costco Wholesale Corp (NASDAQ: COST) Key Stats

There are 443,074K outstanding shares of the company, which has a market capitalization of 393.00 billion. As of now, sales total 254,453 M while income totals 7,367 M. Its latest quarter income was 79,697 M while its last quarter net income were 2,354 M.