This Is Too Hot For Costco Wholesale Corp (NASDAQ: COST), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Costco Wholesale Corporation Reports January Sales Results.

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Stocks Info

As a NASDAQ listed company, COST falls under the Consumer Defensive sector while operating within the Discount Stores industry segment. The current market capitalization of Costco Wholesale Corp is $330.73B. A total of 1.7 million shares were traded on the day, compared to an average of 2.19M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, COST has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 68 SELLs from insiders. Insiders purchased 156,758 shares during that period but sold 83,251.

In the most recent transaction, DECKER SUSAN L sold 1,442 shares of COST for 723.48 per share on Feb 09. After the transaction, the Director now owns 12,395 company shares. In a previous transaction on Jan 23, JELINEK W CRAIG sold 8,000 shares at 685.93 per share. COST shares that Director owns now total 216,212.

Among the insiders who sold shares, Rubanenko Yoram disposed of 2,500 shares on Jan 18 at a per-share price of $680.33. This resulted in the Executive VP holding 5,910 shares of COST after the transaction. In another insider transaction, Frates Caton sold 740 shares at $683.50 per share on Jan 16. Company shares held by the Executive Vice President now total 6,721.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Costco Wholesale Corp pays an annual dividend of $4.08, resulting in a dividend yield of 0.55%, and it has a price to earnings (P/E) ratio of 50.83. COST’s most recent ex-dividend date was 2/1/2024 when it declared a $1.02 quarterly dividend that was paid in cash on 2/16/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/27/2023. The COST stock dividend was $15.00 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for COST in the last 3 months, the mean price target is $712.41 with high estimates of $825.00 and low estimates of $556.00. In terms of 52-week highs and lows, COST has a high of $742.51 and a low of $454.98.

As of this writing, COST has an earnings estimate of $3.62 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $3.91 per share and a lower estimate of $3.42. The company reported an EPS of $4.86 in the last quarter, which was 1.50% higher than expectations of $4.79.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. COST’s latest balance sheet shows that the firm has $12.18B in Cash & Short Term Investments as of fiscal 2021. There were $10.13B in debt and $29.44B in liabilities at the time. Its Book Value Per Share was $58.92, while its Total Shareholder’s Equity was $18.08B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for COST is Buy with a score of 4.41.

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