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Costco Stock Is Still a Buy
Why Costco Stock Is Still a Buy After a Q4 Revenue Miss
Costco stock is lower Friday after the membership warehouse firm reported a top-line miss in its fiscal fourth quarter, but Wall Street remains bullish.
Prediction: Costco Will Be a $500 Billion Stock by 2026
If sales and profits grow faster than Costco stock, its valuation, which is at record-high levels, could finally come down to earth. But instead, a frenzy of bull-market enthusiasts who will come out of the woodwork if interest rates are cut could keep it elevated. If that happens, it's likely to drop at some point.
Costco earnings: Revenue misses, stock slips
The wholesale giant will report its fiscal fourth quarter on Thursday after market close. Per Bloomberg consensus estimates, Wall Street expects revenue to grow 1.29% to $79.96 billion, while earnings per share will increase 12.2% year over year to $5.69.
2d
on MSN
Costco Wholesale Tops Earnings Estimates. Why Its Stock Is Dropping.
Costco Wholesale barreled through earnings estimates, but the stock dipped in after-hour trading Thursday as sales fell short ...
4d
Is Costco Stock a Buy Ahead of Q4 Results?
Costco’s stock (COST) has surged over 66% in the past year, driven by strong sales, membership loyalty, and consistent ...
2d
Costco Stock Slips Slightly After Retailer Posts Mixed Earnings
Costco stock fell slightly after the retailer posted mixed quarterly results, with earnings ahead of expectations while revenue missed Wall Street estimates. Shares traded about 0.8% lower in ...
7d
Costco Stock Keeps Rising Despite Its Valuation. Should You Buy?
Unfortunately for investors, the one Costco item that is not a bargain is its stock. It sells at a trailing P/E ratio of 56, ...
2d
Hold Rating on Costco’s Stock Amid Strong Performance and Premium Valuation
Wells Fargo analyst Edward Kelly has maintained their neutral stance on COST stock, giving a Hold rating today. Edward Kelly has given his ...
2d
Costco's Strong Q4 Performance Sparks Mixed Analyst Reactions As Stock Slides
Costco's reported Q4 earnings beat on strong sales and gross margin expansion. Some analysts warn of earnings growth ...
2d
on MSN
5 Things to Know Before the Stock Market Opens
The Federal Reserve's preferred measure of inflation is due this morning; U.S. stock futures are steady after Thursday's jump ...
10d
on MSN
This Unstoppable Trend Suggests Costco Wholesale Stock Can Still Soar Higher
A top retail stock to own this year has undoubtedly been Costco Wholesale ( COST -0.53%). Its shares are up more than 35% ...
1d
on MSN
Stock Market Today: Dow Hits New High After Upbeat Inflation Data
Today, though, it was an inflation update that Wall Street was centered on. According to the Bureau of Economic Analysis, the ...
2d
Key takeaways from Costco's earnings report
Shares of Costco ( COST) dipped 0.9% in postmarket trading on Thursday to $895.55. The stock is up more than 35% on a year-to ...
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