Costco Wholesale Corporation (COST), a Consumer Defensive Discount Stores business, saw its stock exchange 305.97 common shares, a pullback against to its 10-day trading volume of 4.14M. Costco Wholesale Corporation (COST) stock traded at $305.97, up 2.34 cents or +0.77% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking profits. Total Revenue for Costco Wholesale Corporation (COST) is $158.35B. Gross Profit is $19.82B and the EBITDA is $6.48B.
Costco Wholesale Corporation (COST) Key Technicals:
The average 10-day trading volume of Costco Wholesale Corporation (COST) is 4.14M compared to 3.56M over the last 3 months which indicates a rise in trading activity. Currently, Costco Wholesale Corporation (COST) has a 50-day moving average of $299.92 and a 200-day moving average of $299.58. These moving averages are popular technical indicators that investors use to analyze price trends of Costco Wholesale Corporation (COST). Approximately 1.25% of the shares of the company are sold short from traders betting the shares might trade lower. The beta value of Costco Wholesale Corporation (COST) stock is 0.75, indicating its 3.05% to 4.76% more volatile than the overall global market. Technically, COST’s short term support levels are around $305.23, $302.32 and $299.91 on the downside. COSTs short term resistance levels are $324.08, $320.63 and $314.02 on the upside.
Based on technical analysis, COST has short term rating of Neutral (-0.03), Intermediate rating of Neutral (0.02) and the long-term rating of Neutral (-0.06) giving it an overall rating of Neutral (-0.02). COST is trading 31.29% off its 52 week low at $233.05 and -5.93% off its 52 week high of $325.26. Performance wise, COST stock has recently shown investors 6.69% a rise in a week, -1.11% a pullback in a month and 3.83% a rise in the past quarter. More importantly, Costco Wholesale Corporation (COST) has shown a return of 4.10% since the first of the year.
Costco Wholesale Corporation (COST) Key Data:
Costco Wholesale Corporation (COST) is a large-cap company with a market cap value of $135.11B. COST insiders hold roughly 0.23% of the shares. On Mar-16-20 Morgan Stanley Upgrade COST as Equal-Weight → Overweight, On Mar-17-20 Gordon Haskett Upgrade COST as Accumulate → Buy and on Mar-31-20 Wolfe Research Initiated COST as Peer Perform.
There are currently 440.58M shares in the float and 445.91M shares outstanding. There are 1.25% shares short in COSTs float. The industry rank for Costco Wholesale Corporation (COST) is 96 out of 253 ranking it at the Top 38% .
Costco Wholesale Corporation (COST) Fundamental Figures:
COST last 2 years revenues have increased from $152,703,000 to $158,350,000 showing an uptrend. Wall Street expects Costco Wholesale Corporation (COST) to report an EPS next Qtr profit of 2.10 and a profit of 7.30% next year. The growth rate on COST this year is 7.94 compared to an industry -9.00. COSTs next year’s growth rate is 6.56 compared to an industry 19.00. The book value per share (mrq) is 37.59 and cash per share (mrq) is 19.54. Giving them a price/book (mrq) of 7.95 compared to an industry of 3.96 and COSTs price/cash flow (mrfy) is 26.28 compared to an industry of 11.81. COST fundamental ratios shows an EPS growth vs. previous year 8.84 and EPS growth vs. previous quarter 2.12.
About Costco Wholesale Corporation (COST):
Based in Issaquah, Washington, Costco Wholesale Corporation sells high volumes of foods and general merchandise (including household products and appliances) at discounted prices through membership warehouses. It is one of the largest warehouse club operators in the United States. The company also operates e-commerce websites in the U.S., Canada, Mexico, U.K., Korea, Taiwan and Japan.The company’s warehouses offer an array of low-priced nationally branded and select private labeled products in a wide range of merchandise categories. Costco offers three types of memberships to its customers: Business, Gold Star (individual), and Executive.As of March 17, 2020, Costco operates 786 warehouses, comprising 547 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in Taiwan, 11 in Australia, two in Spain, and one each in Iceland, France and China.Costco generates revenue from two sources: 1) Store sales (Net sales; 97.8% of fiscal 2019 total revenue) and 2) Membership fees (MFI; 2.2% of fiscal 2019 total revenue).Costco offers myriad varieties of food products as well as a vast range of household and lifestyle products, stationeries and appliances. The company also sells gasoline to customers at cheap prices and offers merchandise in the following categories:1) Food and Sundries (including dry foods, packaged foods, groceries, snack foods, candy, alcoholic and nonalcoholic beverages, andcleaning supplies)2) Hardlines (including major appliances, electronics, health and beauty aids, hardware, and garden and patio)3) Fresh Foods (including meat, produce, deli, and bakery)4) Softlines (including apparel and small appliances)5) Ancillary (including gasoline and pharmacy businesses).