Starting the day trading at $365.50, Costco Wholesale Corporation reached an intraday high of $371.69 and hit intraday lows of $365.08. Shares gained $6.48 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 442.96 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $271.28 to $393.15.
The leading warehouse club, Costco has 795 stores worldwide (at the end of fiscal 2020), with most sales derived in the United States (73%) and Canada (13%). It sells memberships that allow customers to shop in its warehouses, which feature low prices on a limited product assortment. Costco mainly caters to individual shoppers, but roughly 20% of paid members carry business memberships. Food and sundries accounted for 42% of fiscal 2020 sales, with hardlines 17%, ancillary businesses (such as fuel and pharmacy) nearly 17%, fresh food 14%, and softlines 10%. Costco‘s warehouses average around 146,000 square feet; over 75% of its locations offer fuel. About 6% of Costco‘s global sales come from e-commerce (excluding same-day grocery and various other services).
Costco Wholesale Corporation has its corporate headquarters located in Issaquah, WA and employs 273,000 people. Its market cap has now risen to $164.36 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 11.06, and P/FCF n/a.
Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start
The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
To get more information on Costco Wholesale Corporation and to follow the company’s latest updates, you can visit the company’s profile page here:
COST’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
Newsdesk. Also, don’t forget to sign-up for our daily
email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
Read Dow Jones Today.