Costco (COST) Advances While Market Declines: Some Information for Investors

In the latest close session, Costco (COST) was up +2.62% at $1,076.47. This change outpaced the S&P 500's 0.07% loss on the day. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq lost 0.51%. Shares of the warehouse club operator have appreciated by 4.91% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 0.34%, and lagging the S&P 500's gain of 5.58%.The investment community will be paying close attention to the earnings performance of Costco in its upcoming release. The company is slated to reveal its earnings on May 28, 2026. The company's upcoming EPS is projected at $4.91, signifying a 14.72% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $69.36 billion, indicating a 9.74% increase compared to the same quarter of the previous year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $20.31 per share and a revenue of $299.99 billion, indicating changes of +12.9% and +8.99%, respectively, from the former year. Any recent changes to analyst estimates for Costco should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.06% fall in the Zacks Consensus EPS estimate. Costco presently features a Zacks Rank of #3 (Hold). Digging into valuation, Costco currently has a Forward P/E ratio of 51.65. This expresses a premium compared to the average Forward P/E of 26.05 of its industry. It is also worth noting that COST currently has a PEG ratio of 5.16. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Retail - Discount Stores stocks are, on average, holding a PEG ratio of 2.89 based on yesterday's closing prices. The Retail - Discount Stores industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 60, positioning it in the top 25% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. 7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks