24-Dec-2024
FDA Issues High-Risk Alert for Recalled Costco (NASDAQ:COST) Eggs
TipRanks (Wed, 25-Dec 7:30 AM ET)
Analysts See Further Upside in Costco Stock After Strong Q1 Results
TipRanks (Fri, 20-Dec 1:26 AM ET)
Bullish On COST? You Might Want To Consider This Credit Put Spread Expiring in 17 Days
Market Chameleon (Mon, 16-Dec 8:48 AM ET)
If COST Stays Range-Bound Between ±2% This Strategy Will Yield 54%
Market Chameleon (Fri, 13-Dec 10:51 AM ET)
Costco Wholesale Corporation Reports First Quarter Fiscal Year 2025 Operating Results
Globe Newswire (Thu, 12-Dec 4:15 PM ET)
Costco Wholesale Corporation Reports November Sales Results
Globe Newswire (Wed, 4-Dec 4:15 PM ET)
Why Selling This Iron Condor Spread in COST Makes Sense for a $9.05 Credit
Market Chameleon (Thu, 7-Nov 11:45 AM ET)
Costco Wholesale Corporation Reports October Sales Results
Globe Newswire (Wed, 6-Nov 4:15 PM ET)
Business Wire (Tue, 22-Oct 9:30 AM ET)
Costco Wholesale Corporation Announces Quarterly Cash Dividend
Globe Newswire (Wed, 16-Oct 4:15 PM ET)
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Costco Wholesale trades on the NASDAQ stock market under the symbol COST.
As of December 24, 2024, COST stock price climbed to $958.82 with 864,276 million shares trading.
COST has a beta of 0.99, meaning it tends to be less sensitive to market movements. COST has a correlation of 0.41 to the broad based SPY ETF.
COST has a market cap of $425.62 billion. This is considered a Mega Cap stock.
Last quarter Costco Wholesale reported $62 billion in Revenue and $3.82 earnings per share. This beat revenue expectation by $71 million and exceeded earnings estimates by $.03.
In the last 3 years, COST traded as high as $1,008.25 and as low as $406.51.
The top ETF exchange traded funds that COST belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.
COST has outperformed the market in the last year with a return of +45.7%, while the SPY ETF gained +28.4%. However, in the most recent history, COST shares have underperformed the stock market with its stock returning +4.7% in the last 3 month period and -2.9% for the last 2 week period, while SPY has returned +5.9% and -0.2%, respectively.
COST support price is $937.97 and resistance is $961.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COST shares will trade within this expected range on the day.