Future earnings guidance based on forward PE value indicate increase earnings over the next 12 months , Company is expected see increased earnings of 24.06, need to understand that analyst estimates can often go wrong. Costco Wholesale Corporation (NASDAQ:COST) short term equivalents, and accounts receivables stand at 1, However street firms to company is on track to drive single digit revenue growth with expanding margins in the long term. This leverages expected growth of a security.
Compared to this years growth, we expect the firms EPS at 9.42% going into the next year. With its Services sector trailing twelve months PE 27.8 though compares favorably this might not be right buying opportunity and more importantly Given Costco Wholesale Corporation (NASDAQ:COST) growth possibilities, current share price seems to be overvalued as company might find it difficult to maintain higher growth over the coming quarters. Still the company looks pretty overvalued at the moment as Services sector price to earnings comes at 25.14 lower than company PE
Costco Wholesale Corporation (NASDAQ:COST) growth centric interest present in Discount, Variety Stores industry with 27.8 price-earnings. Though using price ratios , stock price does not justifies the company’s fundamentals, PB is above Services sector average at 6.87. The company has a 7.40% assets to equity ratio and is indicative of better growth and performance of the company over the year. Trends indicate positive five year period growth of 9.74% compared to current 27.8 PE
With RSI at 67.22 stocks might start to show relative strength again in short term. The company has given a 23.80% ROE which is indicative of stable growth for the business. Costco Wholesale Corporation (NASDAQ:COST) is expected to experience robust revenue and earnings growth, but this might be uphill task with 2.85 PEG, additionally, We feel company won’t be able to meet market expectations in terms of future growth.
Costco Wholesale Corporation 200-day simple moving average is at 3.73% higher than the current index price. It would help to decrease the level of Costco Wholesale Corporation current liabilities and therefore, improve the current ratio, and Costco Wholesale Corporation liquidity stands lower 0.4 Quick R, Costco Wholesale Corporation (NASDAQ:COST) commands a premium stock price in the Services market , supported by company’s outstanding shares currently at $74036.02 M