COST - Costco Wholesale Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
266.77
+0.64 (+0.24%)
At close: 4:00PM EDT
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Previous Close266.13
Open267.31
Bid0.00 x 1000
Ask0.00 x 1100
Day's Range266.52 - 267.97
52 Week Range189.51 - 268.94
Volume1,586,110
Avg. Volume1,696,056
Market Cap117.328B
Beta (3Y Monthly)1.00
PE Ratio (TTM)32.78
EPS (TTM)8.14
Earnings DateN/A
Forward Dividend & Yield2.60 (0.98%)
Ex-Dividend Date2019-05-09
1y Target Est252.04
Trade prices are not sourced from all markets
  • Did you know? You can buy a car through Costco
    Yahoo Finance Video4 days ago

    Did you know? You can buy a car through Costco

    The Costco auto program provides reviews, safety ratings, a financial calculator, and a vehicle comparison tool. Costco outsources its auto program to a third party, so you’ll be working with an auto dealer, not Costco, on your purchase.

  • 1 dead in Southern California Costco shooting
    CBS News Videos10 days ago

    1 dead in Southern California Costco shooting

    One person was killed Friday night at a Southern California Costco when an off-duty police officer opened fire after an argument. Shoppers ran for their lives. Carter Evans reports.

  • Off-duty cop was at site of deadly California Costco shooting
    CBS News Videos10 days ago

    Off-duty cop was at site of deadly California Costco shooting

    Police said one man was killed and others were injured after a deadly shooting broke out at a Costco in California. There was an off-duty cop inside the Costco, but it’s not clear what role they played in stopping the shooting. Nicole Comstock of Los Angeles’ KCBS-TV reports.

  • Business owner to Trump: Drop the tariffs
    Yahoo Finance15 hours ago

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  • 3 Warren Buffett Stocks Worth Buying Now
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  • The Bitter Contest for China’s Online Shoppers
    Bloombergyesterday

    The Bitter Contest for China’s Online Shoppers

    (Bloomberg Opinion) -- Carrefour SA, Europe's largest retailer,  may be the latest Western company to pull back from China. It’s unlikely to be the last.On Monday, the hypermarket operator said it would sell 80% of its China business for 4.8 billion yuan ($699 million) in cash to Suning.com, the Chinese retailer backed by Alibaba Group Holding Ltd. Carrefour will retain a 20% stake. Over the past few years, the French company’s plans to shrink its China footprint has been one of the worst-kept secrets in banking. Though Carrefour sold the business pretty cheaply – with a valuation of 0.2 times 2018 sales, compared with the industry average of 0.84, according to Citigroup Inc. – loosening its ties to the mainland may be a smart move, whatever the price. With sales in the country flagging and losses piling up, the deal comes as China’s macroeconomic picture is also darkening.Yet the key challenge for Carrefour preceded the trade war. In recent years, online-only players such as Alibaba have been piling pressure on brick-and-mortar operations, with Tesco Plc, Best Buy Co. and Marks & Spencer Plc each announcing plans to pull back from the mainland market. Carrefour’s share of the country’s hypermarket segment fell to 4.6% last year from 8.2% in 2009, Citi writes.(1)   That’s a problem in a country with one of the world’s biggest rates of e-commerce penetration. China's online retail sales reached 3.86 trillion yuan in the first five months of this year, accounting for more than one-fifth of the country's total purchases of consumer goods, according to a recent report by the Chinese Academy of Social Sciences. To make matters worse, foreign brands no longer have the cachet they once enjoyed – at least in low-end consumer goods. In a survey last year, Credit Suisse AG said that Chinese consumers preferred domestic purveyors in categories like food and drinks and home appliances. With the trade war whipping up nationalist fervor, that trend may accelerate: The bank's latest poll of shoppers 18 to 29 years old showed that 41% preferred phones made by Huawei Technologies Co., up from 28%, while interest for Apple Inc.’s products fell to 28% from 40%.For many firms, ceding control to a local partner is probably the best way forward. Carrefour appears to be borrowing a page from the playbook of McDonald’s Corp., which sold 80% of its China business in 2017 to a tie-up between state giant Citic Group Corp. and private equity firm Carlyle Group LP.Or consider Walmart Inc., which sold its e-commerce delivery site to JD.com Inc. in 2016 in exchange for a stake in the Chinese retailer. The U.S. firm now aims to open 40 of its Sam’s Club stores in China by 2020. Costco Wholesale Corp. is also betting on China’s appetite for bulk buying, with plans to open its first bricks-and-mortar store in August. Whether Costco can pull this off without a local partner remains unclear.What is clear is that Carrefour won’t be the last retailer to rethink its China strategy. Germany's Metro AG is also looking to sell its $1.5 billion Chinese business. At a time when Chinese acquisitions overseas have dried up, bankers at least can thank Western firms for managing to drum up some business from the mainland. (1) The bank citesEuromonitor International research.To contact the author of this story: Nisha Gopalan at ngopalan3@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Get Ready for an Onslaught of IPOs
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    Get Ready for an Onslaught of IPOs

    Slack, Beyond Meat, and Fiverr are only the tip of a looming iceberg.

  • Here's Why Costco (COST) is a Great Momentum Stock to Buy
    Zacks5 days ago

    Here's Why Costco (COST) is a Great Momentum Stock to Buy

    Does Costco (COST) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Can Sam's Club Change How America Buys Tires?
    Motley Fool5 days ago

    Can Sam's Club Change How America Buys Tires?

    The warehouse chain's latest tech debut in the garage reflects its wider strategy to catch up to Costco.

  • Looking Ahead to the Q2 Earnings Season
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    The Value of 'Willful Agnosticism'

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  • Moody's6 days ago

    GS Mortgage Securities Trust 2015-GC32 -- Moody's affirms seven classes of GSMS 2015-GC32

    Rating Action: Moody's affirms seven classes of GSMS 2015- GC32. Global Credit Research- 19 Jun 2019. Approximately $725.5 million of structured securities affected.

  • Moody's7 days ago

    BJS Wholesale Club Inc -- Moody's announces completion of a periodic review of ratings of BJS Wholesale Club Inc

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BJS Wholesale Club Inc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Costco, AutoZone, Adobe, Oracle and Applied Materials are part of Zacks Earnings Preview
    Zacks7 days ago

    Costco, AutoZone, Adobe, Oracle and Applied Materials are part of Zacks Earnings Preview

    Costco, AutoZone, Adobe, Oracle and Applied Materials are part of Zacks Earnings Preview

  • Costco Finds a Way to Offer Even Fewer Frills
    Motley Fool7 days ago

    Costco Finds a Way to Offer Even Fewer Frills

    The company plans to roll out a new self-checkout initiative this summer to about half its U.S. stores.

  • Zacks7 days ago

    Fed Week Begins in the Green

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  • Best Buy to sell Flywheel bikes and other popular home exercise machines
    Yahoo Finance7 days ago

    Best Buy to sell Flywheel bikes and other popular home exercise machines

    Best Buy announced Tuesday that it will be selling a collection of high-tech at-home fitness equipment.

  • Why We Think Costco Wholesale Corporation (NASDAQ:COST) Could Be Worth Looking At
    Simply Wall St.7 days ago

    Why We Think Costco Wholesale Corporation (NASDAQ:COST) Could Be Worth Looking At

    Costco Wholesale Corporation (NASDAQ:COST) is a stock with outstanding fundamental characteristics. When we build an...

  • After Hours: Costco Hits All-Time High, MoneyGram Meets Cryptocurrency
    Motley Fool7 days ago

    After Hours: Costco Hits All-Time High, MoneyGram Meets Cryptocurrency

    Investors are betting that the big, popular store will survive the retail apocalypse. Plus, the market obviously likes MoneyGram's new strategic investor.

  • Costco Stock: What Does the Target Price Indicate?
    Market Realist8 days ago

    Costco Stock: What Does the Target Price Indicate?

    Costco’s impressive comps and strong EPS growth supported its stock. However, the recent uptrend in Costco stock and rich valuation could limit the upside. Analysts expect Costco’s comps to continue to grow at a decent rate.

  • Costco’s Earnings Growth Could Moderate
    Market Realist8 days ago

    Costco’s Earnings Growth Could Moderate

    Costco faces tough year-over-year comparisons in fiscal 2019, which could restrict its bottom-line growth. The absence of a significant boost from the lower tax rate could limit the company's EPS growth.

  • Costco: Concerning Valuation despite Impressive Comps
    Market Realist8 days ago

    Costco: Concerning Valuation despite Impressive Comps

    Costco (COST) shares outperformed the broader markets. The shares have risen 27.7% on a year-to-date basis as of June 14. The company's impressive comps supported the uptrend in its stock.

  • Looking Ahead to the Q2 2019 Earnings Season
    Zacks8 days ago

    Looking Ahead to the Q2 2019 Earnings Season

    Looking Ahead to the Q2 2019 Earnings Season

  • Why Costco (COST) Stock Might be a Great Pick
    Zacks8 days ago

    Why Costco (COST) Stock Might be a Great Pick

    Costco (COST) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • NBEV Stock Is More Than Just CBD — But It’s Still Not Enough
    InvestorPlace8 days ago

    NBEV Stock Is More Than Just CBD — But It’s Still Not Enough

    In a frothy market you can get a mighty high multiple if you're in the right niche. Like marijuana. That's the story of New Age Beverages (NASDAQ:NBEV). NBEV stock tripled last September after announcing a drink containing CBD. Its drinks even have a picture of the late Bob Marley on them.But pot isn't NBEV's real business. Canned beverages are its business. Things like coffee, tea and kombucha. Sodas with strange combinations like watermelon and coconut, the kind of stuff you'll try at a soda ranch on Route 66.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince that September explosion, where it briefly traded at almost $9, NBEV stock has lost its fizz, settling into a trading range of between $4-6 per share. But its market cap, $350 million, remains impressive for a drinks company with March quarter sales of $58 million, and no profit.But still. Pot! What NBEV Is Up ToNew Age Beverages has used its moment in the pot limelight to bulk up the product line. The highlight was this month's purchase of Brands Within Reach, for $6.4 million, only $500,000 of it cash. * 7 Top-Rated Biotech Stocks to Invest In Today Brands Within Reach has brand licensing and distribution rights for some mainstream beverages, like cold Nestea and Illy coffee. The idea is that this gets New Age in the door at mainstream retailers like Walmart (NYSE:WMT) and Costco Wholesale (NASDAQ:COST), which then might look at its more esoteric brands.This came just six months after buying Morinda Holdings, another small company but with distribution in 60 countries. The idea there was to expand the market for its CBD products.The Morinda combination is already in the numbers due to be reported August 8, where sales of $70.8 million are expected. Following on the first quarter take of $58 million, that's good growth and, if the pattern persists through the year, it could lead to sales equaling the stock's current market cap by this time next year.That's important, because New Beverage CEO Brent Willis knows he's in the drinks business, not the pot business. He promised to focus on execution after buying Morinda, but the chance to buy into serious beverages with just stock was too good to pass up. What Next for NBEV Stock?Some analysts got very bullish on New Age after the Morinda buy, predicting imminent profits and a steady rise to $9 per share, which would be double its current level.InvestorPlace's Josh Enomoto disagrees. He sees the Brands Within Reach acquisition as a turn away from CBD, the source of its frothy valuation. He also sees the current brands as nothing special.Personally, I like the Brands Within Reach deal. NBEV now has both brands that can get it into the door of big retailers and global distribution for its CBD products. But drinks remain a risky business, a land of giants in which NBEV is a mouse. If Coca-Cola (NYSE:KO), Pepsico (NYSE:PEP) or even Keurig Dr Pepper (NYSE:KDP) decided there was something to this CBD thing, they could blow NBEV out of the water quickly. The Bottom Line on NBEV StockI think the owners of Brands Within Reach know all this, so there's an overhang of almost $6 million in stock, itching to be sold right now.Much of the rest of the common stock is held by speculators looking for a quick payout. Institutions hold just over 13% of the common, against almost 26% held by insiders. I think they will bail, too, at the first sign of bad news. * 7 Top-Rated Biotech Stocks to Invest In Today In other words, NBEV stock has a sell-by date, and execution alone won't stave it off.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. Compare Brokers The post NBEV Stock Is More Than Just CBD -- But It's Still Not Enough appeared first on InvestorPlace.