Costco Wholesale Corp (NASDAQ: COST) on Tuesday, soared 0.46% from the previous trading day, before settling in for the closing price of $886.07. Within the past 52 weeks, COST’s price has moved between $547.68 and $923.83.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 10.86%. The company achieved an average annual earnings per share of 7.67%. With a float of $442.04 million, this company’s outstanding shares have now reached $443.13 million.
Considering the fact that the conglomerate employs 333000 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Discount Stores industry stocks is more important than anything else. The insider ownership of Costco Wholesale Corp is 0.23%, while institutional ownership is 69.55%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 7.67% 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
Costco Wholesale Corp (COST) is currently performing well based on its current performance indicators. A quick ratio of 0.44 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 59.50.
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)
Compared to the last year’s volume of 1.92 million, its volume of 1.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.00%. Additionally, its Average True Range was 12.42.
During the past 100 days, Costco Wholesale Corp’s (COST) raw stochastic average was set at 74.27%, which indicates a significant increase from 59.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.96% in the past 14 days, which was lower than the 18.96% 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 $809.60. Nevertheless, the first resistance level for the watch stands at $894.90 in the near term. At $899.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $903.68. If the price goes on to break the first support level at $886.12, it is likely to go to the next support level at $882.07. Should the price break the second support level, the third support level stands at $877.34.
Costco Wholesale Corp (NASDAQ: COST) Key Stats
Market capitalization of the company is 394.41 billion based on 443,074K outstanding shares. Right now, sales total 254,453 M and income totals 7,367 M. The company made 79,697 M in profit during its latest quarter, and 2,354 M in sales during its previous quarter.
