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.
COST in downward trend: 10-day moving average moved below 50-day moving average on June 03, 2026
The 10-day moving average for COST crossed bearishly below the 50-day moving average on June 03, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 18, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on COST as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for COST entered a downward trend on July 08, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where COST's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where COST's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for COST just turned positive on July 07, 2026. Looking at past instances where COST's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COST advanced for three days, in of 368 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron SMR rating for this company is (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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (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 (best 1 - 100 worst), pointing to worse than 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 (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: P/B Ratio (12.610) is normal, around the industry mean (7.470). P/E Ratio (47.944) is within average values for comparable stocks, (37.468). COST's Projected Growth (PEG Ratio) (4.648) is slightly higher than the industry average of (2.781). Dividend Yield (0.006) settles around the average of (0.015) among similar stocks. COST's P/S Ratio (1.443) is slightly higher than the industry average of (1.006).
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General Information
a company which sells goods through membership warehouses
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