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Costcowholesale

Costco Wholesale deep diving into the fundamentals Sale Post ER?NASDAQ:COST is an interesting company that benefits from inflationary conditions where consumers are looking for cheaper products or more product for their money. Costco is aided from its membership business model. The Stock itself rallied 38.35% YTD "Year to Date" and 60.79% in the last Year "365 Days" I personally like the stock but think due to the valuation like the PE Ratio that is high to me personally, and the forward PE Ratio doesn't seem like the best price to me as a new investor with a short term interest, I would not personally add this stock to my portfolio until I see the stock pull-back in Share Price, Price to sales seems decent but I am hoping for a share price pullback which may never happen. I Put an idea/Chart that I Would not be too surprised if it played out that way but it could also be inaccurate. Only Time Will Tell! I am not initiating Buy, Sell, Or Hold Opinions and you should take No action suggestion ------------------- Balance Sheet: Cash: US$11.50b Debt: US$6.91b Total Liabilities: US$46.14b Total Assets: US$67.91b Debt to Equity Ratio: 31.7% ------------------- Technicals: RSI: 59 Short Interest: 1.66% ------------------- Valuation: PE Ratio: 56.1x Forward PE Ratio: 52.3x Price to Sales: 1.6x Price to book Ratio: 18.5x ------------------- Management Ratios Return On Equity: 32.9% Return On Capital Employed: 27.7% Return On Assets: 9.9% ------------------- Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Costco Wholesale) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst or a financial advisor, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may pose different risks and overall be different for each investor and trader. Please do not make opinions based on this idea or any idea. Please be careful! this post is only for conversation. ------------------- Idea: ------------------- Source: SimplyWallSt for the Balance Sheet Numbers & Balance Sheet information.
NASDAQ:COSTShort
by BullishCanadianInvestor
2
COST, a Portfolio gem -- buy on dips / bargains, STABLE GROWTH.COST has been a staple go-to-retail outlet to US consumers. Costco Wholesale Corporation operates an international chain of membership warehouses, mainly under the "Costco Wholesale" name, that carry quality, brand-name merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources. It has been a rosier season for COST, as they beat earnings across the board in their recent quaretly fiscal data. (USD) May 2024 Y/Y Revenue 58.52B 9.07% Net income 1.68B 29.11% Diluted EPS 3.78 29.01% Net profit margin 2.87% 18.11% Operating income 2.2B 11.13% Net change in cash 1.31B 374.42% Cash on hand - - Cost of revenue 51.17B 9.16% The retail company has seen a +20% surge in the the last 8 weeks jumping from 700 to 850 range. Growth will be inevitable going forward as the company undergoes aggressive expansion and marketing campaigns to beat their counterparts with the likes of TARGET, etc. The current price of COST is already at premium levels. We may want to see a trim down to EQL levels before re-entering. But this only applies if your swing trading this, otherwise, if you're into investing mode and plan to hold it for a bit, this won't matter. At this point, profit-taking event may be inevitable anytime now, but just the same, it will be an opportunity to buy the stock on a discount when that time comes. TAYOR.
NASDAQ:COSTLong
by JSAL
Costco Partners Uber to Offer Delivery of Costco ProductsUber Technologies (UBER) announced six new products and features at its fourth annual Go-Get event, including a discounted Uber One membership for college students and an international rollout of Uber Eats delivery service of Costco ( NASDAQ:COST ) products. The ridesharing giant also announced new features for Uber Eats and Health, along with new ways to reserve rides at lower costs. As of Wednesday, users in select locations across the U.S., Canada, Mexico, and Japan can order a number of Costco ( NASDAQ:COST ) products through the Uber Eats app, whether they have a Costco ( NASDAQ:COST ) membership or not. Uber rolled out its Uber One membership in November 2021, offering discounts on rides and free Uber Eats delivery, among other benefits, and currently has more than 19 million members. The company has decided to expand its potential membership base by offering a discounted version of the membership to college students at $4.99 per month, half the price of the original plan. Uber One for Students is launching now through the fall at an unspecified number of universities across the U.S., Canada, France, Australia, New Zealand, Japan, and Mexico. Sheridan said Uber plans to partner with a number of popular college spots like Domino's (DPZ), Taco Bell, and Starbucks (SBUX) for promotions going forward. Uber also announced two new ways to plan rides in advance: expanding its scheduled ride system by bringing Uber Shuttle to the U.S., and introducing the ability to schedule an UberX Share ride in advance. Uber Shuttle General Manager Anthony Le Roux said Wednesday that Uber is prepared to bring the service to America later this year. Previously, the company had also partnered with some businesses in the U.S. to take their employees to and from work, but the feature will soon be available directly for users. This summer, Uber said it plans to partner with airports and event venues to coordinate trips to and from sporting events, concerts, and more in cities like Miami and Chicago. Uber is also expanding its scheduling service with UberX Share, making the lower-cost service one that can be scheduled in advance. A ride can be scheduled as little as 10 minutes ahead of time or days in advance, and the app will tell users once the driver is approaching whether they will be sharing the ride with anyone else. Starting in July in New York City and elsewhere later this year, Uber Eats users will have the ability to save restaurants and dishes in combined lists, which can also be shared with friends or publicly on the app. Finally, Uber Health users will receive the ability sometime this summer to add a contact from their phone as a designated "caregiver" for them. This could be a big help for those caring for elderly or sick relatives who may not be able to schedule those things on their own. Uber shares were up 1.4% at 1:40 p.m. Wednesday to $66.25, and have gained over 70% in the last 12 months. Costco Wholesale Corp. ( NASDAQ:COST ) has grown into a major warehouse retailer in the U.S. and abroad by offering low prices on large packages of name-brand products. The company has over 127 million members who purchase long-term memberships to gain access to roughly 860 Costco warehouse stores in the U.S., Asia, Europe, and Latin America, and to make online purchases.
NASDAQ:COSTLong
by DEXWireNews
$COST Misses Holiday-Quarter Revenue ExpectationCostco ( NASDAQ:COST ) missed Wall Street’s revenue expectations for its holiday quarter, despite reporting YOY sales growth and strong e-commerce gains. NASDAQ:COST Shares fell about 4% in aftermarket trading on Thursday but the stock bounced and surged by about 1.6% in Premarket trading on Friday. The company’s stock had hit a 52-week high earlier in the day. Earnings per share: $3.92 vs. $3.62 expected Revenue: $58.44 billion vs. $59.16 billion expected In the three-month period that ended Feb. 18, Costco’s net income rose to $1.74 billion, or $3.92 per share, compared with $1.47 billion, or $3.30 per share, a year earlier. Costco’s revenue for the quarter increased from $55.27 billion in the year-ago period. Comparable sales for the company increased 5.6% year over year and 4.3% in the U.S. Excluding changes in gas prices and foreign currency, the metric increased 5.8% overall and 4.8% in the U.S. Sales of food and sundries, a category that includes snack foods and beverages, were up by mid single digits in the quarter, CFO Richard Galanti said on the company’s earnings call. Fresh foods were up high single digits and nonfoods were up mid single digits. Ancillary businesses, which includes more service-related purchases like travel, were up by low single digits, he said. Costco’s food court, pharmacy and optical centers were top performers in the quarter and gas was down low single digits as the price per gallon fell. Costco ( NASDAQ:COST ) has 875 warehouses, including 603 in the U.S. and Puerto Rico. It also has clubs in about a dozen other countries, including Canada, Mexico, Japan and China. In the second quarter, Costco ( NASDAQ:COST ) opened four new clubs, including three in the U.S. and one in Shenzhen, China. That marked its sixth club to open in China, Galanti said. Two of the three new U.S. locations were Costco Business Centers, which are specifically geared toward small business owners like restaurant operators. Costco ( NASDAQ:COST ) shares have risen nearly 19% since the start of the year. The stock touched a 52-week high of $787.08 earlier in the day and closed at $785.59, bringing the company’s market value to nearly $350 billion. Costco's Digital growth Costco ( NASDAQ:COST ) has made changes to its website to improve the experience for online shoppers. It’s also tweaked its business to be more digitally savvy. E-commerce sales grew 18.4% in the quarter compared with the year earlier. For example, Costco ( NASDAQ:COST ) rolled out a new mobile app homepage in February, which loads in less than two seconds compared with eight seconds previously — a move he said was crucial since about 60% of its e-commerce business is done through its mobile app and mobile browser. It rolled out Apple Pay last week to all members online. And it’s adding more merchandise to Costco Next, a seller platform that allows members to buy directly from some of the retailer’s suppliers at a discounted price. E-commerce sales have also gained momentum as Costco ( NASDAQ:COST ) has gotten better in recent months at touting the value of its online merchandise, particularly for big-ticket items like appliances, mattresses and tires. App downloads were up 2.8 million in the quarter and and currently total about 33 million, Galanti said. Membership fees Costco ( NASDAQ:COST ) has seen more membership sign-ups as the company has cracked down on membership sharing, Galanti said. During the pandemic, he said the warehouse club noticed more people using their mom or dad’s membership card and let it slide. Then, he said, the membership sharing grew because self-checkout became more common at clubs. Investors have been waiting for Costco ( NASDAQ:COST ) to raise its membership fees for more than a year. The company has typically increased its annual fee roughly every five and a half years. It last hiked fees in June 2017. But Galanti said the company is not hiking the fee yet. Though he added, “It’s when, not if.”
NASDAQ:COSTShort
by DEXWireNews
$COST Keeps the Momentum going Despite Market Volatility Despite market Volatility NASDAQ:COST is exhibiting a bullish bias based on the following indicators: Price Momentum COST is trading near the top of its 52-week range and above its 200-day simple moving average. NASDAQ:COST is trading above all of its moving Averages indicating a Bullish Bias. NASDAQ:COST 50-day Moving Average is above the 200-day moving average also indicating a Bullish Bias. NASDAQ:COST 50-day Relative strength index is 63.59% higher than the 100-day RSI at 58.84%. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:COSTLong
by DEXWireNews
Costco Wholesale Corporation ( NASDAQ: COST) Unravel The GemIn the last five years, shares of Costco Wholesale (COST -0.19%) have made for a wonderful investment, climbing 149%. This gain is much better than the broader market indices. But the stock is still 11% off its peak price (as of Oct. 27). There is a lot to like about this company. Those looking to buy shares right now need to spend some time understanding more about Costco and the current situation. With that being said, here are three facts the smartest investors know about this top retail business. 1. A membership-based business model Anyone can go visit and shop at a Walmart, Target, or Home Depot location. This is typical in the retail industry. However, Costco does things differently. Consumers must shell out $60 (for the basic plan) or $120 (for the Executive plan) a year to become Costco members, thus allowing them to shop at one of the company's 862 warehouses worldwide. This strategy has been successful, as there are currently 71 million member households, a figure that was up 7.9% year over year. Plus, these memberships registered a renewal rate of 92.7% in the U.S. and Canada in the most recent quarter. From the company's perspective, this membership model is a financial boon. It drives customer stickiness, which can reduce marketing expenses and support strong revenue gains. It allows Costco to keep the pricing markups on its merchandise under control, as the business isn't trying to maximize product gross margin. And lastly, membership revenue provides a major boost to the bottom line. Costco also has proven pricing power with its memberships. Costco is due to raise membership fees since it hasn't done so in over six years, but customers likely won't resist if history is any indication. The savings provided by being a Costco member far outweigh the annual fee. 2. An uncertain macro environment Costco's revenue soared to double digits in both fiscal 2021 and fiscal 2022. The pandemic and its aftereffects spurred demand from consumers to shop at Costco. Perhaps elevated levels of inflation also drove people to these stores, as saving as much money as possible was the priority. But like many businesses these days, the uncertain macro backdrop is providing a bit of a headwind. Net sales were only up 6.7% in fiscal 2023 (ended Sept. 3), with same-store sales rising 3%. And for fiscal 2024, Wall Street consensus analyst estimates call for revenue to increase 4.9%. The company's management team points to weaker demand trends as they relate to big-ticket, discretionary items. These include things like electronics and jewelry, for example. 3. An expensive stock Thanks to Costco's outperformance historically, the stock isn't cheap. It currently trades at a price-to-earnings (P/E) ratio of 38.4. Costco's shares are trading at a value that's more expensive than its past 10-year average of 33.1. The valuation also represents a huge premium to rivals like Walmart (P/E of 31) and BJ's Wholesale Club (P/E of 18.6). This is likely warranted, as a valid argument can be made that Costco is a superior business to these two competitors.
NASDAQ:COSTLong
by DEXWireNews
8
COST Costco Wholesale Corporation Options Ahead of EarningsIf you haven`t bought COST ahead of the previous earnings release: Then analyzing the options chain and the chart patterns of COST Costco Wholesale Corporation prior to the earnings report this week, I would consider purchasing the 540usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $6.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:COSTShort
by TopgOptions
COST Costco Wholesale Corporation Options Ahead Of EarningsIf you haven`t sold COST Costco Wholesale Corporation here: Then Analyzing the options chain of COST Costco prior to the earnings report this week, I would consider purchasing the 495usd strike price Calls with an expiration date of 2023-5-26, for a premium of approximately $9.00 If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:COSTLong
by TopgOptions
Buying Costco at a discount. COSTTriangle/Three drives within an upgoing zigzag. We more often now base stop loss off a moving ATR, as testing had shown this to be a more effective strategy than mere price levels alone. Yet, ATR is not always an option. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NASDAQ:COSTLong
by Rykin_Capital
COST (COSTCO) massively bearish head and shoulders patternCOST (COSTCO) has formed a massive head and shoulders pattern over the past year, which seems like a no-brainer opportunity to get short. COST could possibly reach 440 by the middle of October and 407 by the first week of November if the price breaches the neckline around 464. A period of consolidation could delay these estimates by several days. Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
NASDAQ:COSTShort
by cdnbuzzard
COSTCO STRONG SELLCostco appears to be forming a huge H&S on weekly. While I hadn't really paid much attention to Costco I did see it mentioned yesterday which caused me to take a look. Want to note that Costco has performed strong relative to the market and that's why I like it for a short. This recent rally over the past couple of months is leaving a lot of meat on the bone for a short IMO. As you can see the past couple years have been quite the run up. Unfortunately if we are going into a bear market even the best performing stocks are liable to pull back significantly. I think we are a long way from ATHs and I expect to Costco to at least hit the first three targets within the coming months. Taking some profits today on some other shorter swing shorts and hopeful Monday Costco opens green so I that I can begin scaling in a position. Thoughts? Disagree? Feedback welcomed and appreciated! NOT FINANCIAL ADVISE ALL MY OPINION
NASDAQ:COSTShort
by EZmoney24