A share price of Costco Wholesale Corp [COST] is currently trading at $908.90, up 1.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The COST shares have gain 3.73% over the last week, with a monthly amount glided 11.44%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Costco Wholesale Corp [NASDAQ: COST] stock has seen the most recent analyst activity on August 08, 2024, when Gordon Haskett upgraded its rating to a Buy but kept the price target unchanged to $925 for it. Previously, Telsey Advisory Group reaffirmed its Outperform rating on July 11, 2024, and elevated its price target to $925. On July 11, 2024, Oppenheimer reiterated its Outperform rating and revised its price target to $950 on the stock. Stifel reiterated its Buy rating and increased its price target to $900 on July 02, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $900 on June 06, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on May 31, 2024, and upped its price target to $850. In a note dated April 03, 2024, Gordon Haskett downgraded an Accumulate rating on this stock but restated the target price of $775.
Costco Wholesale Corp experienced fluctuations in its stock price throughout the past year between $521.27 and $896.67. Currently, Wall Street analysts expect the stock to reach $736.83 within the next 12 months. Costco Wholesale Corp [NASDAQ: COST] shares were valued at $908.90 at the most recent close of the market. An investor can expect a potential drop of -18.93% based on the average COST price forecast.
Analyzing the COST fundamentals
Trailing Twelve Months sales for Costco Wholesale Corp [NASDAQ:COST] were 253.69B which represents 9.07% growth. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.31 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 891.00 points at the first support level, and at 873.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 922.86, and for the 2nd resistance point, it is at 936.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Costco Wholesale Corp [NASDAQ:COST] is 0.94. As well, the Quick Ratio is 0.45, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 18.51 and price to earnings (TTM) ratio is 56.34.
Transactions by insiders
Recent insider trading involved GALANTI RICHARD A, Executive Vice President, that happened on Aug 15 ’24 when 500.0 shares were sold. Executive Vice President, GALANTI RICHARD A completed a deal on Aug 13 ’24 to sell 500.0 shares. Meanwhile, Director DECKER SUSAN L sold 620.0 shares on Aug 15 ’24.
