Costco Wholesale Corp Stock Analysis
COST Stock | USD 731.54 5.91 0.81% |
Costco Wholesale Corp is fairly valued with Real Value of 706.16 and Target Price of 595.25. The main objective of Costco Wholesale stock analysis is to determine its intrinsic value, which is an estimate of what Costco Wholesale Corp is worth, separate from its market price. There are two main types of Costco Wholesale's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Costco Wholesale's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Costco Wholesale's stock to identify patterns and trends that may indicate its future price movements.
The Costco Wholesale stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Costco Wholesale is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Costco Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Costco Wholesale's ongoing operational relationships across important fundamental and technical indicators.
Costco |
Costco Stock Analysis Notes
About 72.0% of the company shares are held by institutions such as insurance companies. The company recorded earning per share (EPS) of 15.31. Costco Wholesale Corp last dividend was issued on the 1st of February 2024. The entity had 2:1 split on the 14th of January 2000. Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington. Costco Wholesale operates under Discount Stores classification in the United States and is traded on NASDAQ Exchange. It employs 304000 people. For more info on Costco Wholesale Corp please contact Craig Jelinek at 425 313 8100 or go to https://www.costco.com.Costco Wholesale Quarterly Total Revenue |
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Costco Wholesale Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Costco Wholesale's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Costco Wholesale Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Costco Wholesale has a strong financial position based on the latest SEC filings | |
About 72.0% of the company shares are held by institutions such as insurance companies | |
On 16th of February 2024 Costco Wholesale paid $ 1.02 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: 4 Luxury Items To Avoid Buying in 2024 |
Costco Wholesale Corp Upcoming and Recent Events
Earnings reports are used by Costco Wholesale to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Costco Wholesale previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of March 2024 Upcoming Quarterly Report | View | |
23rd of May 2024 Next Financial Report | View | |
29th of February 2024 Next Fiscal Quarter End | View | |
24th of September 2024 Next Fiscal Year End | View | |
30th of November 2023 Last Quarter Report | View | |
31st of August 2023 Last Financial Announcement | View |
Costco Largest EPS Surprises
Earnings surprises can significantly impact Costco Wholesale's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2004-06-17 | 2004-05-31 | 0.38 | 0.42 | 0.04 | 10 | ||
2009-10-07 | 2009-08-31 | 0.77 | 0.85 | 0.08 | 10 | ||
2014-03-06 | 2014-02-28 | 1.17 | 1.05 | -0.12 | 10 |
Costco Wholesale Thematic Classifications
In addition to having Costco Wholesale stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Millennials BestFirms that are involved in making products or providing services to millennials | ||
SRI Sustainable GrowthLarge and mid-sized companies that operate under the guidelines of socially responsible investing - SRI | ||
Baby Boomer ProspectsMega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force |
Costco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Costco Wholesale is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Costco Wholesale Corp backward and forwards among themselves. Costco Wholesale's institutional investor refers to the entity that pools money to purchase Costco Wholesale's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Alliancebernstein L.p. | 2023-12-31 | 4.4 M | Jpmorgan Chase & Co | 2023-12-31 | 4.4 M | Royal Bank Of Canada | 2023-12-31 | 4.3 M | Nuveen Asset Management, Llc | 2023-12-31 | 3.9 M | Capital World Investors | 2023-12-31 | 3.5 M | Legal & General Group Plc | 2023-12-31 | 3.5 M | Jennison Associates Llc | 2023-12-31 | 3.4 M | Wells Fargo & Co | 2023-12-31 | 3.3 M | Ubs Group Ag | 2023-12-31 | 2.9 M | Vanguard Group Inc | 2023-12-31 | 40.4 M | Blackrock Inc | 2023-12-31 | 30.6 M |
Costco Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 321.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Costco Wholesale's market, we take the total number of its shares issued and multiply it by Costco Wholesale's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Costco Profitablity
Costco Wholesale's profitability indicators refer to fundamental financial ratios that showcase Costco Wholesale's ability to generate income relative to its revenue or operating costs. If, let's say, Costco Wholesale is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Costco Wholesale's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Costco Wholesale's profitability requires more research than a typical breakdown of Costco Wholesale's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.17 | 0.13 | |
Return On Assets | 0.06 | 0.08 | |
Return On Equity | 0.17 | 0.14 |
Management Efficiency
Costco Wholesale Corp has return on total asset (ROA) of 0.0835 % which means that it generated a profit of $0.0835 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3119 %, meaning that it created $0.3119 on every $100 dollars invested by stockholders. Costco Wholesale's management efficiency ratios could be used to measure how well Costco Wholesale manages its routine affairs as well as how well it operates its assets and liabilities. Return On Assets is likely to gain to 0.08 in 2024, whereas Return On Capital Employed is likely to drop 0.13 in 2024. At this time, Costco Wholesale's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 83.3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 2.2 B in 2024.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 4.32 | 3.82 | |
Enterprise Value Multiple | 12.35 | 18.51 | |
Price Fair Value | 4.32 | 3.82 |
The analysis of Costco Wholesale's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Costco Wholesale's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Costco Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0056 | Forward Dividend Yield 0.0056 | Forward Dividend Rate 4.08 | Beta 0.765 |
Technical Drivers
As of the 19th of March, Costco Wholesale shows the Mean Deviation of 0.984, risk adjusted performance of 0.1202, and Downside Deviation of 1.78. Costco Wholesale Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Costco Wholesale Corp, which can be compared to its rivals. Please confirm Costco Wholesale Corp variance and potential upside to decide if Costco Wholesale Corp is priced correctly, providing market reflects its regular price of 731.54 per share. Given that Costco Wholesale has jensen alpha of 0.1646, we suggest you to validate Costco Wholesale Corp's prevailing market performance to make sure the company can sustain itself at a future point.Costco Wholesale Corp Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Costco Wholesale middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Costco Wholesale Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Costco Wholesale Outstanding Bonds
Costco Wholesale issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Costco Wholesale Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Costco bonds can be classified according to their maturity, which is the date when Costco Wholesale Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
COSTCO WHOLESALE P Corp BondUS22160KAL98 | View | |
COSTCO WHOLESALE P Corp BondUS22160KAM71 | View | |
COSTCO WHOLESALE PORATION Corp BondUS22160KAN54 | View | |
COSTCO WHOLESALE PORATION Corp BondUS22160KAP03 | View | |
COSTCO WHOLESALE PORATION Corp BondUS22160KAQ85 | View |
Costco Wholesale Predictive Daily Indicators
Costco Wholesale intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Costco Wholesale stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Costco Wholesale Corporate Filings
F4 | 13th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 1st of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
22nd of February 2024 Other Reports | ViewVerify | |
F4 | 12th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 9th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 26th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 23rd of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Costco Wholesale Forecast Models
Costco Wholesale's time-series forecasting models are one of many Costco Wholesale's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Costco Wholesale's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Costco Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Costco Wholesale prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Costco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Costco Wholesale. By using and applying Costco Stock analysis, traders can create a robust methodology for identifying Costco entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.03 | 0.03 | |
Operating Profit Margin | 0.03 | 0.02 | |
Net Profit Margin | 0.02 | 0.01 | |
Gross Profit Margin | 0.13 | 0.1 |
Current Costco Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Costco analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Costco analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
595.25 | Strong Buy | 36 | Odds |
Most Costco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Costco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Costco Wholesale Corp, talking to its executives and customers, or listening to Costco conference calls.
Costco Stock Analysis Indicators
Costco Wholesale Corp stock analysis indicators help investors evaluate how Costco Wholesale stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Costco Wholesale shares will generate the highest return on investment. By understating and applying Costco Wholesale stock analysis, traders can identify Costco Wholesale position entry and exit signals to maximize returns.
Begin Period Cash Flow | 10.2 B | |
Long Term Debt | 5.4 B | |
Common Stock Shares Outstanding | 444.5 M | |
Total Stockholder Equity | 25.1 B | |
Total Cashflows From Investing Activities | -5 B | |
Tax Provision | 2.2 B | |
Quarterly Earnings Growth Y O Y | 0.188 | |
Property Plant And Equipment Net | 29.4 B | |
Cash And Short Term Investments | 15.2 B | |
Cash | 13.7 B | |
Accounts Payable | 17.5 B | |
Net Debt | -4.8 B | |
50 Day M A | 712.8606 | |
Total Current Liabilities | 33.6 B | |
Other Operating Expenses | 234.2 B | |
Non Current Assets Total | 33.1 B | |
Forward Price Earnings | 46.0829 | |
Non Currrent Assets Other | 3.7 B | |
Stock Based Compensation | 774 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Costco Stock analysis
When running Costco Wholesale's price analysis, check to measure Costco Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is Costco Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costco Wholesale. If investors know Costco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costco Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.188 | Dividend Share 4.08 | Earnings Share 15.31 | Revenue Per Share 560.607 | Quarterly Revenue Growth 0.057 |
The market value of Costco Wholesale Corp is measured differently than its book value, which is the value of Costco that is recorded on the company's balance sheet. Investors also form their own opinion of Costco Wholesale's value that differs from its market value or its book value, called intrinsic value, which is Costco Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costco Wholesale's market value can be influenced by many factors that don't directly affect Costco Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costco Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costco Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costco Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.