Is Costco stock a good investment?
The company's impressive stock price performance has made it a favorite among investors. Costco is a well-run company with a proven business model. The company is expanding its international reach and is well-positioned for continued growth. In short, this stock is a good long-term investment.
Costco has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Costco Wholesale Corporation - Buy
Valuation metrics show that Costco Wholesale Corporation may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of COST, demonstrate its potential to perform inline with the market.
Stock Price Forecast
The 26 analysts offering 12-month price forecasts for Costco Wholesale Corp have a median target of 592.50, with a high estimate of 670.00 and a low estimate of 503.00. The median estimate represents a +42.12% increase from the last price of 416.90.
Costco's business prospects are excellent in the near and long term. That said, Costco's premium price is no secret to the market. When measuring by price-to-earnings and price-to-free cash flow, Costco's stock is selling at near its highest price in the last five years.
Costco Wholesale (COST) stock has been in positive territory for 2022 for the past two weeks. In a year when tech stocks and other growth stocks have suffered, Costco shares have made gains and hit all-time highs. With economic factors continuing to favor Costco, now is the time to buy COST stock.
So, if you're asking yourself if now is a good time to buy stocks, advisors say the answer is simple, no matter what's happening in the markets: Yes, as long as you're planning to invest for the long-term, are starting with small amounts invested through dollar-cost averaging and you're investing in highly diversified ...
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Costco has an expected earnings growth rate of 18% for the current year (August 2022). The Zacks Consensus Estimate for current-year earnings improved 0.5% over the last 30 days. COST has a current dividend yield of 0.73%.
Shares of furniture retailer Kirkland's (KIRK -2.11%) fell out of bed on Thursday, dropping a massive 30% in early trading. Driving the decline was the company's pre-market release of third-quarter 2021 earnings.
When did Costco stock split?
Costco Wholesale Splits | |
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1/13/00 | 2 For 1 |
12/20/94 (Spin Off)* | 1 For 1 |
3/06/92 | 3 For 2 |
5/15/91 | 2 For 1 |
Stock Price Forecast
The 31 analysts offering 12-month price forecasts for Walmart Inc have a median target of 167.00, with a high estimate of 190.00 and a low estimate of 141.00. The median estimate represents a +36.42% increase from the last price of 122.42.
Expect 1 to 3 inches but if the center of the low-pressure system passes further south, then we might only get flurries. People who make financial forecasts tend to sound extremely confident. But meteorologists tend to sound uncertain, even wishy-washy, about their own forecasts.
The 27 analysts offering 12-month price forecasts for United Parcel Service Inc have a median target of 229.00, with a high estimate of 270.00 and a low estimate of 148.00. The median estimate represents a +27.25% increase from the last price of 179.96.
Costco has become a safe-haven investment. It's up 183% over the last five years. The dividend has risen by 60%, but the stock's rise has the forward yield down to 0.62%.
Costco paid its first dividend in May 2004, and has been paying one ever since. But income investors aren't only in Costco for the regular payout. The company has a history of issuing “special dividends,” supersize payouts that come once every few years.
Best Value Stocks | ||
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Price ($) | 12-Month Trailing P/E Ratio | |
eBay Inc. (EBAY) | 53.10 | 2.6 |
Ford Motor Co. (F) | 14.71 | 3.3 |
Bread Financial Holdings Inc. (BFH) | 54.34 | 3.4 |
When compared to other similar retailers, Costco's competitive advantage lies in its own private label, its discount prices, and its membership dues. This has provided customers with a product that they can rely on at low prices. It is also a stable business model that investors seek as a good investment.
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Should I buy stocks when they are low or high?
Stock market mentors often advise new traders to “buy low, sell high.” However, as most observers know, high prices tend to lead to more buying. Conversely, low stock prices tend to scare off rather than attract buyers.
Costco has an Employee Stock Purchase Program for its employees.
$60.00 Annual membership fee* Includes a free Household Card. Add Affiliate Cardholders for $60 each* Valid at all Costco locations worldwide.
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Top 10 Owners of Costco Wholesale Corp.
Stockholder | The Vanguard Group, Inc. |
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Stake | 8.18% |
Shares owned | 36,239,982 |
Total value ($) | 19,269,523,229 |
Shares bought / sold | +510,200 |
WMT stock scores a “B” rating in Portfolio Grader. So far as long-term growth stocks go, it has been a steady performer, but not spectacular. Over the past five years, it has delivered a 105% return. It also offers a dividend.
The recent stock price pullback year to date has made Apple stock a very tempting buy. The stock carries a price-to-earnings multiple of 24 today, representing its lowest trading level since the early summer of 2020.
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Momentum Scorecard. More Info.
Zacks Rank | Definition | Annualized Return |
---|---|---|
1 | Strong Buy | 25.08% |
2 | Buy | 18.56% |
3 | Hold | 10.15% |
4 | Sell | 5.79% |
Kirkland Signature
This label, familiar to Costco shoppers, is actually the company's house brand and a Costco subsidiary. It produces dozens of products under the Kirkland Signature brand name, including groceries and packaged food items.
The all-time high Costco stock closing price was 608.05 on April 07, 2022.
Stock splits do not affect short sellers in a material way. There are some changes that occur as the result of a split that can impact the short position. However, they don't affect the value of the short position. The biggest change that happens in the portfolio is the number of shares shorted and the price per share.
What is the highest price Walmart stock has ever been?
The all-time high Walmart stock closing price was 159.87 on April 21, 2022.
Walmart has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 17 buy ratings, 6 hold ratings, and no sell ratings.
High | $180.00 |
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Low | $134.00 |
Average | $156.25 |
Current Price | $122.43 |
Goldman Sachs forecast: stock markets will be flat for 2022 | Fortune.
for estimating future returns. These metrics might have merit, but evidence would suggest Jesse Livermore has come up with the single best predictor of stocks returns. It's amazingly simple and you've probably never heard of it.
While there are no guarantees when investing, it's extremely likely the market will recover from any future crashes as well. No one can say for sure when the market will crash again, but it's likely there will be a downturn at some point.
Stock Price Forecast
The 26 analysts offering 12-month price forecasts for FedEx Corp have a median target of 292.50, with a high estimate of 333.00 and a low estimate of 230.00. The median estimate represents a +32.05% increase from the last price of 221.50.
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GM raises stake in driverless technology Cruise.
Upcoming Dividends
There are no future dividends presently declared for UPS as of May 3rd, 2022. The declaration and payment of dividends are at the discretion of the Company.