Costco Wholesale Corporation (NASDAQ:COST) has a price-to-sales ratio of 0.56, well below its Discount, Variety Stores competitors. For the industry, the average P/S ratio sits at 1.19, which is less than the sector’s 1.95. In the past 13-year record, this ratio went down as low as 0.24 and as high as 0.75. Also, it is down from 0.59 of the total 367 rivals across the globe.
COST traded at an unexpectedly low level on 11/08/2018 when the stock experienced a -0.69% loss to a closing price of $238.7. The company saw 2.12 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 2.37 million shares a day, this signifies a pretty significant change over the norm.
Analysts are speculating a 11.02% move, based on the high target price ($265) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $242.08 price target, but the stock is already up 43.78% from its recent lows. However, the stock is trading at -2.64% versus recent highs ($245.16). Analysts believe that we could see stock price minimum in the $191 range (lowest target price), allowing for another -19.98% drop from its current position. Leading up to this report, we have seen a 7.98% rise in the stock price over the last 30 days and a 8.35% increase over the past 3 months. Overall, the share price is up 28.25% so far this year. Additionally, COST had a day price range of $237.03 to $239.8.Costco Wholesale Corporation (COST) Price Potential
Heading into the stock price potential, Costco Wholesale Corporation needs to grow just 4.73% to cross its median price target of $250. In order to determine directional movement, the 50-day and 200-day moving averages for Costco Wholesale Corporation (NASDAQ:COST) are $229.43 and $217.11. Given that liquidity is king in short-term, COST is a stock with 437.14 million shares outstanding that normally trades 1.42% of its float. The stock price recently experienced a 5-day gain of 3.96% with 4.81 average true range (ATR). COST has a beta of 0.9 and RSI is 60.58.
Investors also need to beware of the BorgWarner Inc. (NYSE:BWA) valuations. The stock trades on a P/S of 0.79, which suggests that the shares are attractive compared with peers. The broad Auto Parts industry has an average P/S ratio of 1.54, which is significantly better than the sector’s 9.04. In the past 13-year record, this ratio went down as low as 0.38 and as high as 1.93. Also, it is down from 0.54 of the total 1225 rivals across the globe.BorgWarner Inc. (BWA)’s Lead Over its Technicals
BorgWarner Inc. by far traveled 12.41% versus a 1-year low price of $35.71. The share price was last seen -0.2% lower, reaching at $40.14 on Nov. 08, 2018. At recent session, the prices were hovering between $39.93 and $40.62. This company shares are 23.47% off its target price of $49.56 and the current market capitalization stands at $8.5B. The recent change has given its price a -3.22% deficit over SMA 50 and -31.05% deficit over its 52-week high. The stock witnessed 4.04% gains, -8.65% declines and -20.69% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BWA’s volatility during a week at 2.8% and during a month it has been found around 3.72%.
BorgWarner Inc. (BWA) exchanged hands at an unexpectedly low level of 1.93 million shares over the course of the day. Noting its average daily volume at 2.4 million shares each day over the month, this signifies a pretty significant change over the norm.BorgWarner Inc. Target Levels
The market experts are predicting a 51.97% rally, based on the high target price ($61) for BorgWarner Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $38 range (lowest target price). If faced, it would be a -5.33% drop from its current position. Overall, the share price is down -21.43% year to date.