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Costco Wholesale (COST-Q)
444 watching
NASDAQ:COST
503.29
4.99
(1.00%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Jan 27, 2023, 9:00 pm
0
DON'T BUY
Memberships make up a lot of their margins. The chart shows lower highs and lower lows since early 2022. March and April is very seasonal, but not now. No strong seasonal support now.
department stores
BUY on WEAKNESS
It has declined. Has always been an expensive retail stock, but their business model is intact. More people will shop here in an economic decline. Add on pullbacks.
department stores
TOP PICK
A durable business that can come out of the slowdown even stronger. Business as usual. Pandemic results are over, but the new members are not going away. Increasing membership fees to match inflation. Balance sheet now ready for another special dividend. Expects it to open 20-30 stores a year for the next decade. Under-penetrated outside NA. People love going there. Groceries are defensive if the economy is slowing. Yield is 0.79%. (Analysts’ price target is $547.86)
department stores
BUY on WEAKNESS
Well off its all-time high, Costco has quietly fallen to 27x PE 2023, which makes it now reasonable. Trade Costco at $425-430.
department stores
BUY
Allan Tong’s Discover Picks COST stock trades at 36.76x earnings, roughly where it stood on the eve of the pandemic in mid-February 2020. Since then, the PE has dipped to 32-33x, but rode the 48x level a year ago and last winter. In other words, the PE has done a round trip and is back at historic norms within range of a stable stock. Read Steady Eddys: 3 Stable Stocks for our full analysis.
department stores
BUY
Lululemon vs. Costco LULU was overestimated vs. Costo being underestimated. LULu shares were killed today after earnings. There have been constant price target hikes for LULU. Today, Lulu saw strong growth in the US and China. Men's sales are gaining speed. BUT it trades at 38x earnings. Investors expected a flawless quarter, but wasn't. There was a little more inventory than expected, and U.S. sales were a tad light. Main problem is that LULU shares shot up before the quarter, so the market mercilessly sold today. It plunged 12.85% today and will likely sell off another day. Wait to see if selling abates on Tuesday. Costco is the total opposite. It has fallen 15% from its August high. They just delivered a good quarter and met expectations, and will pay a special dividend. Owns a big position in Costco. They provide the best merchandise at the lowest price, and they don't overexpand.
department stores
BUY
Believes stock is very good and owns shares in the company.
Shares recently selling of created a good buying opportunity.
Have outperformed the market over the long term.
Very strong business model with excellent prospects.
department stores
BUY
They have buying power and so can offer products lower than most retailers. Instead of issuing price increases on their products, COST aims for volume growth. The membership fees offset weaker product margins. They reported last month 6% same-store sales growth, which is terrific compared to other retailers.
department stores
BUY on WEAKNESS
Company is a great business with excellent prospects.
Current share price is very high.
Will wait for shares to fall before investing.
Able to pass on costs to customers via membership.
department stores
BUY on WEAKNESS
Company is a great business with excellent prospects.
Current share price is very high.
Will wait for shares to fall before investing.
Able to pass on costs to customers via membership.
department stores
HOLD
Has held up well during the downturn. Pay a premium for it. Lots of loyalty. Very efficient for square footage. Well run. May not perform as well in the early part of the cycle.
department stores
DON'T BUY
Great company, but valuation always too high for him. Performed well. September sales were up, probably due to both the company and the consumer. 90% of earnings comes straight from membership fees, a successful model.
department stores
BUY
It reports its September sales today. She is less concerned about Costco among the retailers. Consumers switched to Costco during Covid, and Costco has not seen losses since that. They are disciplined in adding new stores. Her biggest concern in retail Best Buy. which she bought early this year. BB managers are good at dealing with tech issues like inventory. She's not excited about consumer discretionary, which faces serious headwinds. Too much inventory is the #1 challenge in all retail.
department stores
TOP PICK
Costco Wholesale Corp. engages in the operation of membership warehouses. Its product categories include food and sundries, hardlines, fresh foods, softlines, and ancillary. It operates through the following segments: Unites States Operations, Canadian Operations, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA. Social media mentions are up 600% in the past 24h.
department stores
$486.700
Unknown
BUY on WEAKNESS
Is best in show. The street worries about its margins, but that's wrong. Costco believes in sales growth which he expects to be good. People hate these kinds of stocks now.
department stores
Costco Wholesale(COST-Q) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 31
Neutral - Hold Signals / Votes : 4
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 38
Costco Wholesale(COST-Q) Frequently Asked Questions
What is Costco Wholesale stock symbol?
Costco Wholesale is a American stock, trading under the symbol COST-Q on the NASDAQ (COST). It is usually referred to as NASDAQ:COST or COST-Q
Is Costco Wholesale a buy or a sell?
In the last year, 38 stock analysts published opinions about COST-Q. 31 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Costco Wholesale.
Is Costco Wholesale a good investment or a top pick?
Costco Wholesale was recommended as a Top Pick by on . Read the latest stock experts ratings for Costco Wholesale.
Why is Costco Wholesale stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Costco Wholesale worth watching?
38 stock analysts on Stockchase covered Costco Wholesale In the last year. It is a trending stock that is worth watching.
What is Costco Wholesale stock price?
On 2023-01-27, Costco Wholesale (COST-Q) stock closed at a price of $503.29.
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