COST – Costco Wholesale corporation operates in membership warehouses space. Analysts expect a bullish medium term for the stock.
COST – Costco Wholesale Corporation
|Fundamentals||Previously closed at||150.52|
|Analysts opinion||COST has a Beta of 0.86, P/B ratio of 6.10, P/S ratio of 0.57 and PEG ratio of 3.15.|
|Sentiments||Costco is growing aggressively with 698 warehouses around the world, up from 671 last year. It has invested in upgrading its IT, and the cost of employee healthcare, and inflation are weighing on it. Add to this a slowdown of sales in the U.S., resulted in a lower than expected revenue.|
|Yesterday, Costco announced its Q4 earnings of $1.24 per share, which is lower than the expected $1.28. The price of the stock is down 2.72% pre-market due to the news. However, analysts believe that it has strong growth prospects and will not be bearish for long.|
|Revenue Prediction||Estimize consensus for Q1 2016 revenues are $1.29 per share|
|Social Pulse||The stock has 3% lower social chatter than usual.|