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Costco Wholesale Corporation (ticker: COST) has experienced a pattern of shares gapping down following earnings announcements, occurring in 12 of the last 14 quarters. Despite this, the stock has demonstrated strong relative strength compared to the broader market, outperforming the S&P 500 index (SPY) over the past five years alongside Sprouts Farmers Market (SFM). Since 2017, Costco's earnings per share (EPS) have grown from approximately $6 to $17, reflecting an annual growth rate of around 13-15% over the past 15 years. During this period, the company has paid about $43 per share in dividends and maintained a net-debt-free balance sheet. Costco's price-to-earnings (PE) ratio has consistently traded at or above 33 times earnings since early 2020, indicating sustained investor confidence. Market observers have noted the stock's strong technical chart performance and resilience despite periodic earnings-related price declines.
$COST has grown EPS 15%/yr for the last 5 years, 12%/yr for the 5 years before that, and 13%/yr for the 5 years before that. And it has continuously traded at or above 33x since the depths of the market crisis in early 2020. Therefore, another way of saying what you have said https://t.co/IEJ7jUTkLh
When I bought Costco in 2017, it was trading at around a 25-30 PE. Over that time period, the stock grew EPS from about $6 to $17. While growing earnings by triple, they paid about $43 of per share dividends over that time. They also accomplished this while having no net-debt https://t.co/kIy7riu2pt https://t.co/hAf6Hx8nIm
$COST Costco’s chart is so pretty, so perfect, a dime if I ever seen one, a diamond shinier than your forehead after a night out at the clubs dancing your night away. I mean what can take this puppy down? Rhetorical, don’t answer that. Nothing will. Absolutely nothing… https://t.co/yia7sgNIXK
