COST - Costco Wholesale Corporation
| Previous close | 304.59 |
| Open | 305.31 |
| Bid | 303.31 x 800 |
| Ask | 303.60 x 800 |
| Day's range | 301.60 - 305.44 |
| 52-week range | 189.51 - 307.34 |
| Volume | 1,707,125 |
| Avg. volume | 2,129,452 |
| Market cap | 133.506B |
| Beta (3Y monthly) | 0.90 |
| PE ratio (TTM) | 36.76 |
| EPS (TTM) | 8.26 |
| Earnings date | 12 Dec 2019 |
| Forward dividend & yield | 2.60 (0.85%) |
| Ex-dividend date | 2019-10-31 |
| 1y target est | 303.91 |
- Zacks
Costco Gains More Than 50% YTD: Solid Comps Run a Key Driver
Costco's (COST) October comps rise 5.7%. Further, e-commerce comparable sales increase 16.5%.
- Bloomberg
Warren Buffett Finds Wrong Elephant
(Bloomberg Opinion) -- Warren Buffett’s Berkshire Hathaway Inc. has $128 billion of cash. There is almost no purchase too large for the company — in fact, large is exactly what investors are waiting for. And yet, the only stock Berkshire bought last quarter was a dinky retailer, RH.Berkshire disclosed in a regulatory filing Thursday that it took a $212 million stake in RH, a California-based home-furnishings chain valued at $3.3 billion. Buffett could even buy the entire company and it’d still be a puny deal for him. But it was a big deal for RH, because the shares surged 9% in after-hours trading and held near that level early Friday morning.I admit I didn’t even recognize the retailer’s name at first. RH used to be called Restoration Hardware, a place that sells $6,000 linen sofas and elongated wooden dining tables with “forthright silhouettes.” The company shrank its name and supersized its stores, an effort to target a more upscale clientele. It’s even installed some on-site restaurants, a little nourishment to help one ponder a new addition to the ski house. That’s partly what makes RH such a funny investment for Buffett. Not only is the billionaire known for his down-to-earth lifestyle — he’s lived in the same fairly modest house for more than 60 years — but he’s also usually drawn to businesses that mirror the America he sees from his unassuming Omaha office: railroads, truck stops, Dairy Queens, the Nebraska Furniture Mart. Furthermore, Berkshire tends not to waste time on minority stakes in small, specialty chains; its only other retail holdings are Amazon.com Inc. and Costco Wholesale Corp., companies valued at $870 billion and $134 billion, respectively. RH was the only new position Berkshire took in the latest quarter, aside from buying common shares of Occidental Petroleum Corp., in which it already purchased $10 billion of preferred equity (part of a financing deal to assist the oil and gas explorer in its takeover of Anadarko Petroleum Corp.). All in all, it was another dull period for Berkshire, whose last splashy stock pick was Amazon earlier in the year. With U.S. equities still on the rise, Buffett, 89, and his investing deputies are struggling to find cheap candidates. Whoever made the call on RH — Todd Combs, Ted Weschler or the Oracle himself — he may have had prescient timing. At the end of May, RH’s price-to-earnings ratio hit a low, and the shares have doubled since then, taking a big leg up in September. That said, RH’s overnight gains drove the shares above analysts’ average target level, which is $181 apiece. “The business remains tough to predict and we believe expectations may now be somewhat elevated,” Bobby Griffin, an analyst for Raymond James & Associates who has the equivalent of a “hold” rating on RH, wrote in a Sept. 11 report, citing the China tariffs and a slowdown in high-end U.S. housing. Similarly, Gordon Haskett Research Advisors wrote to clients Sept. 10 that the firm finds other retailers such as Wayfair Inc., Williams-Sonoma Inc. and At Home Group Inc. more attractive. At the end of the day, though, no matter how RH performs, it won’t have much of an impact on Berkshire’s portfolio. Another quarter has passed without a major acquisition by Berkshire, its cash pile hitting a record yet again. RH may sell a $449 wool felt elephant, but it isn’t the kind of elephant Buffett is after. The wait continues.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Financial Times
Starbucks, Amazon and Costco rapped for weak human rights disclosure
Many of the world’s biggest listed companies including Amazon, LVMH and Qualcomm are not transparent in how they identify and address human rights issues in their businesses and supply chains, according to the Corporate Human Rights Benchmark. The London-based not-for-profit found about half of 200 groups it analysed failed to show any evidence at all that they are identifying and addressing human rights issues with the tech sector of particular concern. Forty tech manufacturers, which were included in the CHRB ranking for the first time this year, scored particularly badly with an average score of 18 per cent compared to 24 per cent across the entire basket of companies.
- Zacks
Target Q3 Earnings Preview: Buy TGT Stock After Walmart's Growth?
Target jumped over 2% Thursday after rival Walmart impressed Wall Street once again with its comps and e-commerce growth. So is it time to buy TGT stock heading into earnings?
- Yahoo Finance
Walmart's stock is trading at a record high and one sentence reveals why
The world’s largest retailer’s third quarter results on Thursday showed that yet again, CEO Doug McMillon continues to pull almost all the right strings operationally.
- Zacks
Millennials to Boost US Economy: 5 Top Picks
Increased paychecks enable U.S. millennials to spend more and boost the overall economy.
- Zacks
Buy Walmart Stock Ahead of Q3 Earnings with WMT Near New Highs?
Walmart stock is up over 13% in the last three months. Now, with the firm set to report its Q3 financial results before the opening bell Thursday, let's break down Walmart to see if investors should consider buying WMT shares...
- Zacks
Costco (COST) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Costco (COST) closed at $300.84, marking a -0.59% move from the previous day.
- Zacks
Has Costco Wholesale (COST) Outpaced Other Retail-Wholesale Stocks This Year?
Is (COST) Outperforming Other Retail-Wholesale Stocks This Year?
- Zacks
Insight Enterprises (NSIT) Hits 52-Week High, Can the Run Continue?
Insight Enterprises (NSIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- GlobeNewswire
Costco Wholesale Corporation Reports October Sales Results
ISSAQUAH, Wash., Nov. 06, 2019 -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $11.92 billion for the retail month of.
- Zacks
TGT or COST: Which Is the Better Value Stock Right Now?
TGT vs. COST: Which Stock Is the Better Value Option?
- Zacks
Costco (COST) Gains As Market Dips: What You Should Know
Costco (COST) closed at $299.18 in the latest trading session, marking a +0.8% move from the prior day.
- Zacks
Why Is Costco (COST) Up 2.8% Since Last Earnings Report?
Costco (COST) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.
This Insider Has Just Sold Shares In Costco Wholesale Corporation (NASDAQ:COST)
Some Costco Wholesale Corporation (NASDAQ:COST) shareholders may be a little concerned to see that the Consultant and...
- Yahoo Finance
Target Price Raised on Costco Wholesale (COST)
Yahoo Finance Premium members can read more fundamental analyst views by going to Research Reports and filtering by Analyst Reports.
- Zacks
PriceSmart (PSMT) Q4 Earnings & Revenues Rise (Revised)
PriceSmart's (PSMT) comparable net merchandise sales increase 1.5% in fourth-quarter fiscal 2019 despite foreign currency headwinds.
- Zacks
4 Retail Stocks Likely to Outshine This Earnings Season
Retailers are making prudent investments to strengthen digital ecosystem and delivery capabilities. While these drive sales, they entail high costs. Margins remain a key area to watch this reporting cycle.
- Zacks
Casey's (CASY) Hits Fresh High: Is There Still Room to Run?
Casey's (CASY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Yahoo Finance
Apple, Amazon, Tesla top list of millennial stock holdings in new survey
Apex Clearing released its latest analysis of millennial investing trends for Q3.
- Zacks
Costco (COST) Outpaces Stock Market Gains: What You Should Know
Costco (COST) closed at $299.84 in the latest trading session, marking a +1.35% move from the prior day.
- Zacks
No Trick, 3 Halloween ETF & Stock Treats for Investors
Americans will likely spend a staggering $8.8 billion on Halloween candy, costumes, and decorations this year. This should perk up business and in turn these stocks and ETFs.
- Zacks
PriceSmart (PSMT) Q4 Earnings Decline Y/Y, Revenues Rise
PriceSmart's (PSMT) comparable net merchandise sales increase 1.5% in fourth-quarter fiscal 2019 despite foreign currency headwinds.
- Zacks
How Tuesday Morning (TUES) Looks Just Ahead of Q1 Earnings
Supply chain improvement, reduction of traditional ad events and real estate strategy are likely to have contributed to Tuesday Morning's (TUES) margins.
- Zacks
Time to Buy Amazon (AMZN) Stock at a Discount After Disappointing Earnings?
Amazon stock slipped after it posted disappointing earnings results last week. Shares of Amazon sit around 13% below their 52-week highs, which means investors should see if now might be time to buy AMZN stock on the dip...
