|Bid||210.73 x 1000|
|Ask||211.10 x 800|
|Day's Range||210.02 - 211.74|
|52 Week Range||150.00 - 211.77|
|PE Ratio (TTM)||30.91|
|Forward Dividend & Yield||2.28 (1.10%)|
|1y Target Est||N/A|
Costco is one of the world's most powerful, profitable retail brands managing to stay afloat even as Amazon encroaches on large retailer market share. So, how much is the retail juggernaut worth today?
BJ’s private-equity owners will retain control of a company with margins that lag rivalsBJ’s Wholesale is focused on the New England area and has room to grow, says the company. BJ’s Wholesale Club, operator of 215 warehouse clubs across 16 states largely along the U.S.’s eastern seaboard, is planning an initial public offering, returning to the public markets after a seven-year spell as a private company. The company(BJ)is offering 37.5 million shares priced at $15 to $17 each, which would raise about $600 million at the midpoint of the range.
Moody's Investors Service, ("Moody's") has affirmed the ratings on 10 classes in WFRBS Commercial Mortgage Trust 2012-C9, Commercial Pass-Through Certificates, Series 2012-C9: Cl. A-3, Affirmed ...
Costco (COST) stock has risen 5.9% since it reported better-than-expected fiscal third-quarter results on May 31. Its peers Walmart (WMT) and Target (TGT) are entangled in a fierce battle with Amazon (AMZN), but Costco continues to report stellar sales and earnings growth. Costco has reported double-digit sales growth in the past four quarters, while its earnings have grown at a strong double-digit rate in the past five quarters and outperformed its peers.
If I’ve learned anything, it’s that a majority of people don’t like to leave their comfort zone — whether that’s dealing with insecurity, seeking a new job or making an investment decision. On that last note, many investors prefer to invest in what they know. While they may know the difference between an ETF and a mutual fund, many prefer to avoid emerging market ETFs.
Moody's Investors Service has affirmed the ratings on eight classes in COMM 2015-CCRE24 Mortgage Trust, Commercial Mortgage Pass-Through Certificates as follows: Cl. A-1, Affirmed Aaa (sf); previously ...
Target (TGT), Walmart (WMT), and Costco (COST) have been adjusting their businesses to offer convenience and value as the threat of Amazon (AMZN) continues. During its fiscal first quarter, its digital sales rose 66%, while comps, excluding fuel, increased 1.4%. Walmart and Target have both significantly ramped up their e-commerce businesses trying to match the services of Amazon.
Shares of Kroger (KR) surged over 10% on Thursday to inch near their 52-week high after the company posted better-than-expected quarterly results. Investors were also likely pleased to see that the grocery chain's e-commerce initiatives started to pay off. The question is should investors think about buying grocery stocks as Amazon-based (AMZN) fears seem to have been overblown.
Jeff Bezos and Howard Schultz are household names who need no introduction. In this series, we introduce you to the people behind those ideas, the top public company executives you may not have ever met, but whose work is shaping our region. Claudine Adamo wanted to work at Costco Wholesale when she graduated from Western Washington University in 1992.
Kroger (NYSE:KR) is great again. KR reported net earnings of $2.04 billion, $2.37-per-share, and revenues of $37.5 billion for the quarter ending in May, blowing past a “whisper number” of 65 cents per share, helped by a $1.8 billion profit on the sale of its convenience stores. Kroger gained over $2 billion of market cap overnight, to $23.1 billion, but the shares are still cheaper than the bargain bin at Dollar General (NYSE:DG).
A Costco membership opens doors, quite literally, to a vast selection of bulk-size groceries and household goods selling at discounted prices. But buying potato chips and toilet paper by the case is just the start. The warehouse club also stocks everything from tires and furniture to electronics and jewelry. With so many items to choose from, Trae Bodge, a consumer expert who specializes in smart shopping strategies, says it's critical to shop Costco with a list to avoid overspending. List or no list, shoppers seem to like the savings and selection. Costco has 50 million paid members around the world, with an 87% renewal rate worldwide (90% in the U.S. and Canada). The chain ranks first in customer satisfaction among department and discount stores, according to the American Customer Satisfaction Index, edging out rivals Sam's Club and BJ's Wholesale. Thinking of taking the Costco plunge? Here's what you should know before investing $60 in an annual membership. SEE ALSO: Kirkland Products You Should Always Buy at Costco
Shares of Citigroup Inc. ( C) were upgraded by Deutsche Bank, which anticipates events like the Federal Reserve’s upcoming stress test and an improving business environment will be among its main drivers. Deutsche Bank analysts Matt O’Connor upgraded Citi to buy from hold, saying he expects shares to rebound from their recent low levels. The bank’s stock is down 9.4% year to date. Citi stock is off 17% from its 52-week high in January, which underperformed Bank of America Corp. ( BAC) and JPMorgan Chase & Co. ( JPM) by 9%, O’Connor said.
A sharp sell-off in Chinese shares on Tuesday started a ripple through global markets that extended into Asia trade on Wednesday. It will be replaced by pharmacy chain Walgreens Boots Alliance. Nikki Haley, US ambassador to the UN, had long threatened to leave the rights body, citing a “chronic anti-Israel bias” and inclusion of several countries with a record of human rights violations.
Start-up Apeel, funded in part by Andreessen Horowitz and Bill Gates, just scored a deal with Costco. The start-up makes a coating that's used to preserve produce, such as avocados. As a PhD candidate in materials science at UC Santa Barbara, James Rogers used to think a lot about food waste.
In this final part of the series, we’ll look at Wall Street’s recommendations and current valuations of Kroger (KR). Kroger is covered by 26 Wall Street analysts, who have jointly rated the stock a 2.2 on a scale of 1.0 (strong buy) to 5.0 (sell).
Think again, as the SPDR S&P Retail (ETF) (NYSEARCA:XRT) is hitting new annual highs, being led by long-time stalwarts like Home Depot Inc (NYSE:HD) and Costco Wholesale Corporation (NASDAQ:COST). Up “only” 11.4% so far in 2018, COST stock doesn’t seem like it’s too rich to buy from that perspective. My case is pretty simple though: COST stock is a buy, but on a pullback.
Most of the analysts providing recommendations on Costco (COST) stock have maintained a “buy” rating. Several analysts raised their target prices on Costco following the company’s fiscal third-quarter earnings and strong monthly sales for May. UBS raised its target price to $225.00 per share on Costco stock from $215.00.
After falling ~20.0% in 2017, Kroger’s (KR) stock price has fallen 4.6% so far this year. The company is trading more than 20.0% below its 52-week high price. However, Kroger isn’t the only consumer staples stock that’s stuck in the red.