Costco Wholesale Corporation (NASDAQ:COST) went down by -0.96% from its latest closing price compared to the recent 1-year high of $363.67. The company’s stock price has collected 3.63% of gains in the last five trading sessions. Barron’s reported on 10/03/20 that Consumer Stocks to Buy for Any Election Scenario
Is It Worth Investing in Costco Wholesale Corporation (NASDAQ :COST) Right Now?
Costco Wholesale Corporation (NASDAQ:COST) scored a price-to-earnings ratio above its average ratio, recording 39.38 x from its present earnings ratio. Plus, the 36-month beta value for COST is at 0.67. Opinions of the stock are interesting as 16 analysts out of 34 who provided ratings for Costco Wholesale Corporation declared the stock was a “buy,” while 3 rated the stock as “overweight,” 13 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $363.48, which is $8.36 above the current price. COST currently public float of 440.26M and currently shorts hold a 0.64% ratio of that float. Today, the average trading volume of COST was 2.27M shares.
COST’s Market Performance
COST stocks went up by 3.63% for the week, with a monthly drop of -1.07% and a quarterly performance of 13.97%, while its annual performance rate touched 22.84%. The volatility ratio for the week stands at 1.73% while the volatility levels for the past 30 days are set at 2.22% for Costco Wholesale Corporation. The simple moving average for the period of the last 20 days is 2.94% for COST stocks with a simple moving average of 13.08% for the last 200 days.
Analysts’ Opinion of COST
Many brokerage firms have already submitted their reports for COST stocks, with Telsey Advisory Group repeating the rating for COST by listing it as a “Outperform.” The predicted price for COST in the upcoming period, according to Telsey Advisory Group is $390 based on the research report published on September 25th of the current year 2020.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see COST reach a price target of $385, previously predicting the price at $355. The rating they have provided for COST stocks is “Outperform” according to the report published on September 03rd, 2020.
DA Davidson gave a rating of “Neutral” to COST, setting the target price at $363 in the report published on August 14th of the current year.
COST Trading at 4.12% from the 50-Day Moving Average
After a stumble in the market that brought COST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.38% of loss for the given period.
Volatility was left at 2.22%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares surge +1.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.86% upper at present.
During the last 5 trading sessions, COST rose by +3.63%, which changed the moving average for the period of 200-days by +20.12% in comparison to the 20-day moving average, which settled at $345.22. In addition, Costco Wholesale Corporation saw 20.78% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at COST starting from DENMAN KENNETH D, who sale 300 shares at the price of $355.69 back on Sep 30. After this action, DENMAN KENNETH D now owns 4,433 shares of Costco Wholesale Corporation, valued at $106,706 using the latest closing price.
PORTERA JOSEPH P, the Executive VP of Costco Wholesale Corporation, sale 6,000 shares at $348.00 during a trade that took place back on Sep 29, which means that PORTERA JOSEPH P is holding 5,826 shares at $2,088,000 based on the most recent closing price.
Stock Fundamentals for COST
Current profitability levels for the company are sitting at:
- +3.29 for the present operating margin
- +13.09 for the gross margin
The net margin for Costco Wholesale Corporation stands at +2.40. The total capital return value is set at 21.24, while invested capital returns managed to touch 16.30. Equity return is now at value 23.40, with 7.70 for asset returns.
Based on Costco Wholesale Corporation (COST), the company’s capital structure generated 55.61 points at debt to equity in total, while total debt to capital is 35.74. Total debt to assets is 18.30, with long-term debt to equity ratio resting at 55.09. Finally, the long-term debt to capital ratio is 35.40.
When we switch over and look at the enterrpise to sales, we see a ratio of 0.91, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 108.11 and the total asset turnover is 3.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.