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Is Costco Stock Too Expensive Now?
Costco’s membership model keeps revenue growing, but forward and trailing price-to-earnings ratios in the 40s leave little room for error, the analyst said.
Summary
Key PointsCostco's dividend yield is about 0.6% right now.The stock trades at a premium P/E ratio, but the company has delivered consistently strong growth.10 stocks we like better than Costco Wholesale › You may think that, since Costco Wholesale (NASDAQ: COST) shares are up only 4% year to date, they shouldn't be considered overly expensive. Yet compared to its main competitors, including Walmart, Costco commands a valuation premium that might…