COST CFO Has Already Sold Around 2,230 Shares Of The Company

Cost
Costco

The CFO of COST, Richard A. Galanti, has already gone ahead and sold close to 2,230 shares in a 29th April transaction. The average price of the company during this transaction was $372.06, with the total transaction coming in at $829,693.80. 

The Quarterly Estimate Of COST

The stocks of COST traded on Friday at $372.29. The moving average price of the company over a period of 50 days has been set at $353.11, with the moving average price of the company over a period of 200 days has been set at $362.08. The market cap of the firm is $164.75 billion, with a 38.35 PE ratio, along with a 4.17 PEG ratio. The year low of the company is $293.84, with a year high of $393.15. The current ratio of the company is 0.98, with a 0.53 quick ratio and a 0.49 debt-to-equity ratio. 

COST previously posted their earnings results on the 3rd of March. The EPS reported by the company during this quarter was $2.14, which missed out on the consensus estimate set by Zacks at $2.45. The revenue generated by the company during this period was $44.77 billion, which was more than the consensus estimate of $43.71 billion. The net margin of the company is 2.50%, with a 24.50% return on equity. 

There have been quite a few brokerage firms that have commented on the stocks of COST. Stifel Nicolaus has already increased the price target of the company from $370 to $385 with a rating of buy in a 14th April research report. Citigroup has also reduced the price target of the company from $380 to $360 with a rating of neutral in an 11th March research report. Deutsche Bank has also reduced the price target from $344 to $350 with a rating of buy in a 14th April research report.