A new trading day began on Friday, with Costco Wholesale Corp (NASDAQ: COST) stock price down -0.26% from the previous day of trading, before settling in for the closing price of $942.16. COST’s price has ranged from $675.96 to $1008.25 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 10.86%. Meanwhile, its annual earnings per share averaged 9.48%. With a float of $442.85 million, this company’s outstanding shares have now reached $443.94 million.
The extent of productivity of a business whose workforce counts for 333000 workers is very important to gauge. In terms of profitability, gross margin is 12.67%, operating margin of 3.67%, and the pretax margin is 3.84%.
Costco Wholesale Corp (COST) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Discount Stores Industry. The insider ownership of Costco Wholesale Corp is 0.23%, while institutional ownership is 68.88%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.23% 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
Here are Costco Wholesale Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.61. Likewise, its price to free cash flow for the trailing twelve months is 83.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.03, a number that is poised to hit 4.05 in the next quarter and is forecasted to reach 19.93 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 1.9 million was superior to 1.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 69.18%. Additionally, its Average True Range was 15.71.
During the past 100 days, Costco Wholesale Corp’s (COST) raw stochastic average was set at 51.40%, which indicates a significant decrease from 63.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.36% in the past 14 days, which was lower than the 16.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $949.98, while its 200-day Moving Average is $868.80. Now, the first resistance to watch is $945.96. This is followed by the second major resistance level at $952.24. The third major resistance level sits at $958.45. If the price goes on to break the first support level at $933.48, it is likely to go to the next support level at $927.27. The third support level lies at $920.99 if the price breaches the second support level.
Costco Wholesale Corp (NASDAQ: COST) Key Stats
With a market capitalization of 417.12 billion, the company has a total of 443,899K Shares Outstanding. Currently, annual sales are 254,453 M while annual income is 7,367 M. The company’s previous quarter sales were 62,151 M while its latest quarter income was 1,798 M.
