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Costco Wholesale is a membership-based American multinational retailer that operates a chain of warehouse clubs. It has over 780 locations worldwide.
The company's stock is listed on the NASDAQ stock exchange under the ticker symbol COST. As of the latest available data, Costco's market capitalization is over $250 billion.
Costco's business model focuses on offering low prices to its members by cutting costs and increasing efficiency. This approach has enabled the company to achieve high sales volumes and maintain a strong market position.
A fresh viewpoint: Stock Market Falling
Stock Performance
Stock performance is a key aspect of Costco's success. Costco's current share price is $916.27, with a 52-week high of $1,008.25 and a 52-week low of $640.51.
The company's revenue has been steadily increasing, with a 5.02% growth in 2024 to $254.45 billion. In the past year, Costco's revenue has grown by 41.32%.
Here are some key performance metrics for Costco:
Costco's consistent growth has made it a reliable long-term investment, with institutional support and a stable earnings record. Despite its high P/E ratio, the company's strong performance has kept investors confident.
Powers Past Expectations, Boasts Double-Digit Gains
Costco's stock performance has been impressive, with a 41.32% increase in the past year, according to the 52 Week Change in Example 2. This is a significant growth, especially considering the overall market fluctuations.
The company's revenue has also seen a steady increase, reaching $254.45 billion in 2024, a 5.02% growth from the previous year, as mentioned in Example 3. This demonstrates a consistent trend of growth for Costco.
In terms of price volatility, Costco's stock has been relatively stable, with an average weekly movement of 2.4%, as shown in Example 4. This is lower than the industry average of 5.8% and the market average of 6.3%.
The analyst rating for Costco is also positive, with an average estimate of $4.07 and a growth rate estimate of 9.70% year over year, as seen in Example 6. This suggests that analysts are optimistic about the company's future performance.
Here's a summary of Costco's recent earnings reports:
These figures demonstrate a steady increase in earnings for the company, with a growth rate of 9.70% year over year, as mentioned in Example 6.
Wholesale
As we explore the stock performance of Costco Wholesale, let's take a closer look at the company's wholesale operations. The Chief Operating Officer-International is Pierre Riel.
Costco Wholesale has a strong presence in international markets, with a dedicated executive overseeing this aspect of the business. This highlights the company's focus on global expansion.
The company's wholesale operations are led by a team of experienced professionals, including Roland M. Vachris, who serves as President, CEO, COO & Executive Director.
Here's a snapshot of the key executives responsible for Costco's wholesale operations:
Jeff Cole, the SVP-Wholesale Industries & Business Development, plays a crucial role in driving the company's wholesale business forward.
The company's focus on wholesale operations is a key driver of its success, with a strong team in place to oversee this aspect of the business.
Financials
Costco's revenue in 2024 reached $254.45 billion, a notable increase of 5.02% from the previous year.
This significant growth in revenue is a testament to the company's strong financial performance. Costco's earnings also saw a substantial jump, rising by 17.09% to $7.37 billion in 2024.
Financial Performance
Costco's revenue in 2024 was a staggering $254.45 billion, a 5.02% increase from the previous year.
This significant growth in revenue is a testament to the company's ability to adapt to changing market conditions and meet the evolving needs of its customers.
The company's earnings also saw a substantial boost, increasing by 17.09% to $7.37 billion in 2024.
This impressive financial performance is a result of Costco's focus on providing high-quality products and services at competitive prices.
Here's a breakdown of Costco's financial performance:
Dividend Calendar
Costco's dividend calendar is a great resource for investors looking to stay on top of their dividend payments.
The company has consistently paid quarterly dividends since at least 2003, with a few exceptions in 2003, 2002, and 2001 when the dividend was $0.00.
Costco's dividend yield has fluctuated over the years, ranging from 0.49% in 2004 to 7.30% in 2013.
Here's a breakdown of Costco's dividend payments over the years:
Frequently Asked Questions
What is the prediction for Costco stock?
Costco's predicted stock price is around $1,066.04, indicating a potential 15.03% increase from its current value. Analysts' forecasts suggest a promising future for COST stock.
What is the highest Costco stock has ever been?
The highest Costco stock price ever recorded was $994.69 on December 11, 2024. This milestone marks the peak of Costco's stock value to date.
Can you buy Costco stocks?
Yes, you can buy Costco stocks, but with a twist - you can purchase fractional shares through Stash, a platform that allows for smaller investments. Sign up for Stash to get started.
What is the symbol for Costco?
The symbol for Costco on the NASDAQ exchange is COST. For more information, visit our Investor Relations page.
Who owns the most Costco stock?
Vanguard holds the most shares of Costco stock. Approximately 45.92% of Costco stock is held by retail investors.
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