Costco Wholesale Corporation (NASDAQ:COST) went down by -2.47% from its latest closing price compared to the recent 1-year high of $612.27. The company’s stock price has collected -10.17% of loss in the last five trading sessions. The Wall Street Journal reported on 03/04/22 that Costco, Smith & Wesson, Splunk, Gap, Broadcom: What to Watch When the Stock Market Opens Today
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 39.43 x from its present earnings ratio. Plus, the 36-month beta value for COST is at 0.70. Opinions of the stock are interesting as 16 analysts out of 32 who provided ratings for Costco Wholesale Corporation declared the stock was a “buy,” while 4 rated the stock as “overweight,” 11 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $601.12, which is $102.91 above the current price. COST currently public float of 442.31M and currently shorts hold a 1.02% ratio of that float. Today, the average trading volume of COST was 2.54M shares.
COST’s Market Performance
COST stocks went down by -10.17% for the week, with a monthly drop of -16.35% and a quarterly performance of -7.52%, while its annual performance rate touched 31.40%. The volatility ratio for the week stands at 3.83% while the volatility levels for the past 30 days are set at 3.09% for Costco Wholesale Corporation. The simple moving average for the period of the last 20 days is -11.87% for COST stocks with a simple moving average of -3.80% for the last 200 days.
Analysts’ Opinion of COST
Many brokerage firms have already submitted their reports for COST stocks, with Truist repeating the rating for COST by listing it as a “Buy.” The predicted price for COST in the upcoming period, according to Truist is $603 based on the research report published on March 04th of the current year 2022.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see COST reach a price target of $615, previously predicting the price at $610. The rating they have provided for COST stocks is “Outperform” according to the report published on March 04th, 2022.
Evercore ISI gave a rating of “Outperform” to COST, setting the target price at $565 in the report published on March 04th of the current year.
COST Trading at -11.87% 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 -20.12% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares sank -15.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.47% lower at present.
During the last 5 trading sessions, COST fell by -10.17%, which changed the moving average for the period of 200-days by +15.26% in comparison to the 20-day moving average, which settled at $550.31. In addition, Costco Wholesale Corporation saw -13.85% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at COST starting from Hines Daniel M., who sale 4,498 shares at the price of $603.00 back on Apr 08. After this action, Hines Daniel M. now owns 13,108 shares of Costco Wholesale Corporation, valued at $2,712,301 using the latest closing price.
Adamo Claudine, the Executive Vice President of Costco Wholesale Corporation, sale 500 shares at $602.03 during a trade that took place back on Apr 08, which means that Adamo Claudine is holding 9,939 shares at $301,015 based on the most recent closing price.
Stock Fundamentals for COST
Current profitability levels for the company are sitting at:
- +3.73 for the present operating margin
- +12.88 for the gross margin
The net margin for Costco Wholesale Corporation stands at +2.56. The total capital return value is set at 24.63, while invested capital returns managed to touch 17.60. Equity return is now at value 30.70, with 9.00 for asset returns.
Based on Costco Wholesale Corporation (COST), the company’s capital structure generated 64.95 points at debt to equity in total, while total debt to capital is 39.37. Total debt to assets is 19.25, with long-term debt to equity ratio resting at 58.72. Finally, the long-term debt to capital ratio is 35.60.
When we switch over and look at the enterprise to sales, we see a ratio of 1.05, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 116.87 and the total asset turnover is 3.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.