Costco Wholesale (COST, $497.39) Corp earnings forecast on March 2
Costco Wholesale Corp (COST) is scheduled to release its quarterly earnings report on Thursday, March 2, 2023.
The company operates over 800 stores worldwide and has a loyal customer base that values its high-quality products and excellent customer service.
On February 15, 2023, the Stochastic Oscillator for COST moved out of oversold territory, which could be a bullish sign for the stock. The Stochastic Oscillator is a momentum indicator that measures the level of buying and selling pressure in the market. When the indicator moves out of oversold territory, it suggests that the stock may be due for a rebound.
The Stochastic Oscillator departing the oversold zone has happened 45 times in the past for COST, according to Tickeron's A.I.dvisor. In 30 of these cases, the stock increased in the days that followed. This increases the likelihood of a move up to above 67%, pointing to a promising future for the stock.
In terms of its financial performance, Costco has been a strong performer in recent quarters, driven by its robust membership model and strong sales growth. In its last reported quarter, the company reported revenue of $54.4 billion, up 15.9% year-over-year, and net income of $1.7 billion, up 33.3% year-over-year.
Analysts expect Costco to report earnings per share of $3.22 in the upcoming quarter, up from $2.73 in the same quarter last year. Revenue is expected to come in at $52.9 billion, representing a year-over-year increase of 10.1%. These estimates suggest that Costco's growth momentum is expected to continue, albeit at a slightly slower pace.
In conclusion, the Stochastic Oscillator signal for COST rising out of oversold area may be a hint that the stock is poised for a short-term rebound.
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COST's RSI Oscillator climbs out of oversold territory
The RSI Oscillator for COST moved out of oversold territory on September 11, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In 22 of the 27 cases the stock moved higher. This puts the odds of a move higher at 81%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.06% 3-day Advance, the price is estimated to grow further. Considering data from situations where COST advanced for three days, in 222 of 358 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on August 27, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on COST as a result. In 30 of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 41%.
The Moving Average Convergence Divergence Histogram (MACD) for COST turned negative on August 27, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In 24 of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at 50%.
COST moved below its 50-day moving average on August 31, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for COST crossed bearishly below the 50-day moving average on September 04, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 6 of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 32%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where COST declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 38%.
COST broke above its upper Bollinger Band on August 24, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 19 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock better than average.
The Tickeron SMR rating for this company is 35 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 61 (best 1 - 100 worst), indicating fairly steady price growth. COST’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 62 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 99 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: COST's P/B Ratio (11.976) is slightly higher than the industry average of (6.945). P/E Ratio (45.512) is within average values for comparable stocks, (35.983). COST's Projected Growth (PEG Ratio) (4.435) is slightly higher than the industry average of (2.624). Dividend Yield (0.006) settles around the average of (0.014) among similar stocks. P/S Ratio (1.370) is also within normal values, averaging (1.018).
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General Information
a company which sells goods through membership warehouses
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