What is the prediction for Costco stock?
Stock Price Forecast The 26 analysts offering 12-month price forecasts for Costco Wholesale Corp have a median target of 555.00, with a high estimate of 650.00 and a low estimate of 440.00. The median estimate represents a +17.91% increase from the last price of 470.69.
Is Costco doing well financially?
Costco earnings, which were reported Mar. 3, showed sales growth of 16% year over year. Revenue rose 15% to $51.9 billion. The warehouse retailer reported annual earnings of $9.85 in 2020 and $11.93 in 2021, showing an increase of more than 21%.
Is Costco stock undervalued?
Enterprise Value is likely to gain to about 78.1 B in 2022. Costco Wholesale shows a prevailing Real Value of $507.86 per share. The current price of the firm is $416.43. At this time, the firm appears to be undervalued....USD 416.43 23.68 5.38%LowIncome Per ShareHigh0.230.230.23
Is Costco a good growth stock?
Costco Wholesale (COST -1.98%) stock has been an excellent investment over the past decade, rising about 530% over that time. Its steady gain over that time has significantly outpaced the broader market's 201% rise.
Is Costco a good long term stock?
Costco's business prospects are excellent in the near and long term. That said, Costco's premium price is no secret to the market. When measuring by price-to-earnings and price-to-free cash flow, Costco's stock is selling at near its highest price in the last five years.
What are Costco's weaknesses?
2. Weaknesses of CostcoThe consumer can only purchase the goods in bulk, individual choices are limited.The availability of Costo warehouses is less as compared to different other retail shops.Due to the low-price strategy, the profit margin is low.More items...
Is Costco a buy now?
Costco Wholesale (COST) stock has been in positive territory for 2022 for the past two weeks. In a year when tech stocks and other growth stocks have suffered, Costco shares have made gains and hit all-time highs. With economic factors continuing to favor Costco, now is the time to buy COST stock.
What is the 52 week high for Costco stock?
Performance OutlookPrevious Close470.76Day's Range458.29 - 470.7652 Week Range375.50 - 612.27Volume894,181Avg. Volume2,949,3653 more rows
What is Peter Lynch value?
Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1.
Why is Netflix stock so low?
Netflix's stock has suffered this year as the pandemic-era surge in user sign-ups faded and investors have turned away from high-value technology and growth stocks due to rising bond yields. Fellow stay-at-home stocks, including Etsy Inc., Zoom Video Communications Inc.
Is NIO a buy Zacks?
Zacks' proprietary data indicates that NIO Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the NIO shares relative to the market in the next few months.
Is Costco publicly traded?
When was Costco Wholesale's initial public offering and at what price? The Company went public on December 5, 1985 at $10.00 per share (before stock splits). Adjusting for stock splits, the initial price per share was approximately $1.67.