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Riding the Trend or Protecting Profits | Costco Wholesale Corporation (COST)

Costco Wholesale Corporation (NASDAQ:COST) went down by -0.68% from its latest closing price compared to the recent 1-year high of $612.27. The company’s stock price has collected 1.32% of gains in the last five trading sessions. Barron’s reported on 07/14/22 that Costco Has the ‘Best Model in Retail,’ Says Analyst, Boosting Her Rating to Buy

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 42.79 x from its present earnings ratio. Plus, the 36-month beta value for COST is at 0.68.

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The average price from analysts is $568.23, which is $10.64 above the current price. COST currently public float of 442.03M and currently shorts hold a 0.83% ratio of that float. Today, the average trading volume of COST was 2.89M shares.

COST’s Market Performance

COST stocks went up by 1.32% for the week, with a monthly jump of 10.28% and a quarterly performance of -0.21%, while its annual performance rate touched 24.88%. The volatility ratio for the week stands at 1.67% while the volatility levels for the past 30 days are set at 2.11% for Costco Wholesale Corporation. The simple moving average for the period of the last 20 days is 4.37% for COST stocks with a simple moving average of 4.77% for the last 200 days.

Analysts’ Opinion of COST

Many brokerage firms have already submitted their reports for COST stocks, with Deutsche Bank repeating the rating for COST by listing it as a “Buy.” The predicted price for COST in the upcoming period, according to Deutsche Bank is $579 based on the research report published on July 14th of the current year 2022.

Truist, on the other hand, stated in their research note that they expect to see COST reach a price target of $603, previously predicting the price at $606. The rating they have provided for COST stocks is “Buy” according to the report published on March 04th, 2022.

Telsey Advisory Group gave a rating of “Outperform” to COST, setting the target price at $615 in the report published on March 04th of the current year.

COST Trading at 11.32% 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 -11.27% of loss for the given period.

Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares surge +9.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.50% upper at present.

During the last 5 trading sessions, COST rose by +1.32%, which changed the moving average for the period of 200-days by +17.61% in comparison to the 20-day moving average, which settled at $522.97. In addition, Costco Wholesale Corporation saw -4.30% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at COST starting from Murphy James P., who sale 1,500 shares at the price of $525.20 back on Jul 20. After this action, Murphy James P. now owns 36,230 shares of Costco Wholesale Corporation, valued at $787,798 using the latest closing price.

DENMAN KENNETH D, the Director of Costco Wholesale Corporation, sale 300 shares at $521.68 during a trade that took place back on Jul 15, which means that DENMAN KENNETH D is holding 5,197 shares at $156,503 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 29.90, 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 1.10, 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.

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