Costco Wholesale Corp Stock Today
| COST Stock | USD 709.51 1.74 0.24% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Costco Wholesale is selling for under 709.51 as of the 20th of April 2024; that is -0.24% down since the beginning of the trading day. The stock's last reported lowest price was 702.0. Costco Wholesale has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Costco Wholesale Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington. The company has 443.5 M outstanding shares of which 6.36 M shares are currently shorted by private and institutional investors with about 2.54 trading days to cover. More on Costco Wholesale Corp
Moving together with Costco Stock
| 0.61 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
Moving against Costco Stock
| 0.47 | IH | IhumanInc | PairCorr |
Costco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Costco Wholesale's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Costco Wholesale or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Craig Jelinek |
| Thematic Ideas | (View all Themes) |
| Old Name | (Colony) Sarhad Textile Mills Limited |
| Business Concentration | Consumer Staples Distribution & Retail, Consumer Defensive, SP 500 Index, SP 100 Index, SP 100, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Baby Boomer Prospects, SRI Sustainable Growth, Millennials Best, Consumer Staples, Consumer Staples Distribution & Retail, Discount Stores, Consumer Defensive (View all Sectors) |
Costco Wholesale Corp (COST) is traded on NASDAQ Exchange in USA. It is located in 999 Lake Drive, Issaquah, WA, United States, 98027 and employs 316,000 people. Costco Wholesale is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 315.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Costco Wholesale's market, we take the total number of its shares issued and multiply it by Costco Wholesale's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Costco Wholesale Corp conducts business under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 443.5 M outstanding shares of which 6.36 M shares are currently shorted by private and institutional investors with about 2.54 trading days to cover.
Costco Wholesale Corp currently holds about 13.7 B in cash with 11.07 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.96.
Check Costco Wholesale Probability Of Bankruptcy
Ownership AllocationCostco Wholesale Corp retains a total of 443.5 Million outstanding shares. The majority of Costco Wholesale Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Costco Wholesale Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Costco Wholesale. Please pay attention to any change in the institutional holdings of Costco Wholesale Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Costco Ownership Details
Costco Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Costco Wholesale jumping above the current price in 90 days from now is about 75.0%. The Costco Wholesale Corp probability density function shows the probability of Costco Wholesale stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Costco Wholesale Corp has a beta of -0.0458 suggesting as returns on the benchmark increase, returns on holding Costco Wholesale are expected to decrease at a much lower rate. During a bear market, however, Costco Wholesale Corp is likely to outperform the market. Additionally, costco Wholesale Corp has an alpha of 0.0428, implying that it can generate a 0.0428 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Costco Wholesale to move above the current price in 90 days from now is about 75.0 (This Costco Wholesale Corp probability density function shows the probability of Costco Stock to fall within a particular range of prices over 90 days) .
Costco Wholesale Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Costco Wholesale market risk premium is the additional return an investor will receive from holding Costco Wholesale long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Costco Wholesale. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Costco Wholesale's alpha and beta are two of the key measurements used to evaluate Costco Wholesale's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0279 | |||
| Jensen Alpha | 0.0428 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) |
Costco Stock Against Markets
Picking the right benchmark for Costco Wholesale stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Costco Wholesale stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Costco Wholesale is critical whether you are bullish or bearish towards Costco Wholesale Corp at a given time. Please also check how Costco Wholesale's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Costco Wholesale without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Costco Wholesale Corporate Directors
Costco Wholesale corporate directors refer to members of a Costco Wholesale board of directors. The board of directors generally takes responsibility for the Costco Wholesale's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Costco Wholesale's board members must vote for the resolution. The Costco Wholesale board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Hamilton James | Lead Independent Director | Profile | |
| Maggie Wilderotter | Director | Profile | |
| Mary Wilderotter | Independent Director | Profile | |
| Charles Munger | Independent Director | Profile |
How to buy Costco Stock?
Before investing in Costco Wholesale, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Costco Wholesale. To buy Costco Wholesale stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Costco Wholesale. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Costco Wholesale stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Costco Wholesale Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Costco Wholesale Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Costco Wholesale Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Costco Stock please use our How to Invest in Costco Wholesale guide.
Already Invested in Costco Wholesale Corp?
The danger of trading Costco Wholesale Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Costco Wholesale is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Costco Wholesale. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Costco Wholesale Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Costco Wholesale Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Costco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costco Wholesale Corp Stock. Highlighted below are key reports to facilitate an investment decision about Costco Wholesale Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Costco Stock analysis
When running Costco Wholesale's price analysis, check to measure Costco Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is Costco Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costco Wholesale. If investors know Costco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costco Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Costco Wholesale Corp is measured differently than its book value, which is the value of Costco that is recorded on the company's balance sheet. Investors also form their own opinion of Costco Wholesale's value that differs from its market value or its book value, called intrinsic value, which is Costco Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costco Wholesale's market value can be influenced by many factors that don't directly affect Costco Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costco Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costco Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costco Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.