Costco Wholesale Corporation (COST) is primed for evolution with the beta value of 0.67

Let’s start up with the current stock price of Costco Wholesale Corporation (COST), which is $376.58 to be very precise. The Stock rose vividly during the last session to $378.36 after opening rate of $376.46 while the lowest price it went was recorded $373.06 before closing at $378.34.

Recently in News on October 14, 2020, Costco Wholesale Corporation Announces Quarterly Cash Dividend. Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of 70 cents per share. The quarterly dividend is payable November 13, 2020, to shareholders of record at the close of business on October 30, 2020. You can read further details here

Costco Wholesale Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $383.87 on 10/14/20, with the lowest value was $271.28 for the same time period, recorded on 02/28/20.

Costco Wholesale Corporation (COST) full year performance was 26.04%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Costco Wholesale Corporation shares are logging -1.90% during the 52-week period from high price, and 38.82% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $271.28 and $383.87.

The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 1686907 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Costco Wholesale Corporation (COST) recorded performance in the market was 28.12%, having the revenues showcasing 15.95% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 164.20B, as it employees total of 156000 workers.

Specialists analysis on Costco Wholesale Corporation (COST)

During the last month, 16 analysts gave the Costco Wholesale Corporation a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts were recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 331.35, with a change in the price was noted +71.78. In a similar fashion, Costco Wholesale Corporation posted a movement of +23.55% for the period of last 100 days, recording 2,425,790 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for COST is recording 0.45 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.45.

Trends and Technical analysis: Costco Wholesale Corporation (COST)

Raw Stochastic average of Costco Wholesale Corporation in the period of last 50 days is set at 86.16%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.16%. In the last 20 days, the company’s Stochastic %K was 90.83% and its Stochastic %D was recorded 93.12%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 28.12%. Additionally, trading for the stock in the period of the last six months notably improved by 18.45%, alongside a boost of 26.04% for the period of the last 12 months. The shares increased approximately by 3.15% in the 7-day charts and went down by 9.56% in the period of the last 30 days. Common stock shares were driven by 15.95% during last recorded quarter.