• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Costco stock price remains bullish ahead of Q4 FY2021 earnings

September 15, 2021
in Trading
Reading Time: 2 mins read
A A
0
Costco stock price remains bullish ahead of Q4 FY2021 earnings
0
SHARES
6
VIEWS
ShareShareShareShareShare

Costco (NYSE: COST) investors prepare for the Q4 FY2021 earnings report to be released on the 23rd of September. The market expects earnings per share of $3.52 for the quarter.

Costco Wholesale Corporation is an international warehouse operator with a presence in countries such as the United States, France, Taiwan, Australia, or China. The company operates around 800 warehouses, out of which 552 were in the United States, as per the company’s data from last October.

Investors get ready for the Q4 FY2021 quarterly earnings scheduled on the 23rd of September. The market expects EPS for the quarter of $3.52, higher by 15.94% compared to the same period last year.

Costco is a dividend-paying company. It has a dividend payout ratio of 29.52% and a dividend yield of 0.69%. The company operates with a gross profit margin of 13.07% trailing 12 months, much smaller than the 34.38% sector median.

Costco stock price surged during the pandemic. It broke to new record-highs above $400. The YTD performance is +22%, and the 1-year performance is +35.54%.

Analyst Opinions for Costco Stock Price

Eighty-two analysts monitor Costco, and none of them has issued a sell rating. Most of the analysts have issued buy ratings, while 25 have a neutral opinion about Costco stock price.

Last week, Morgan Stanley maintained its buy rating for the Costco stock price with a price target of $500. The same did Oppenheimer & Co. and Jefferies & Companies, with price targets of $500, respectively $525 for the stock price.

The annual EPS is projected to rise from $10.81 at the end of FY 2021 to $16.49 by the end of FY2025, or by about 60%. Also, the P/E (i.e., price/earnings ratio) is expected to decline to 28.18 from the current 43 over the same period.

 

Credit: Source link

ShareTweetSendPinShare
Previous Post

Dax index builds energy to break above 16,000 points

Next Post

Solana Validators Successfully Restart Mainnet Beta Following Network Outage

Related Posts

IoT Device Management to Record US$ 39.6 Bn by 2032
Trading

IoT Device Management to Record US$ 39.6 Bn by 2032

July 1, 2022
5
Apple starts iPad assembly in Vietnam
Trading

Apple starts iPad assembly in Vietnam

July 1, 2022
4
Louis Region Poised To Join One Of The World’s Most Comprehensive…..
Trading

Port Milwaukee Director Appointed to National Maritime Transportation

July 1, 2022
4
Konecranes To Supply Miami Container Terminal With New RTGs
Trading

“A Look Back, A Look Ahead”

July 1, 2022
4
Common Causes Of Semi-Truck Breakdowns
Trading

Redwood Logistics Empowers Shippers to Grow a More Sustainable Supply Chain with Redwood Hyperion

June 30, 2022
5
Next Post
Solana Validators Successfully Restart Mainnet Beta Following Network Outage

Solana Validators Successfully Restart Mainnet Beta Following Network Outage

Recommended

Celsius Denies Reports That Company CEO Alex Mashinsky Tried to Leave the US

Celsius Denies Reports That Company CEO Alex Mashinsky Tried to Leave the US

June 29, 2022
4
Novatti’s AUDC to Leverage Ripple’s XRP Ledger for Cost-Efficient Cross Border Payments  

Novatti’s AUDC to Leverage Ripple’s XRP Ledger for Cost-Efficient Cross Border Payments  

June 13, 2022
7
New Cranes and Existing Docks

New Cranes and Existing Docks

June 5, 2022
4
Snoop Dogg on crypto winter and why its good for the industry

Snoop Dogg on crypto winter and why its good for the industry

June 29, 2022
6
Coinbase reportedly has contract with ICE to provide users’ geo-location data

Coinbase reportedly has contract with ICE to provide users’ geo-location data

July 1, 2022
8
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • North Korea Leads the World in Crypto Crime (Report)
  • Buy These 3 Top Cryptos Now for 20x Gains; Gnox (GNOX), Fantom (FTM), and Solana (SOL)
  • How mRNA tech blew open the door of UPS’s cold chain logistics business

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?