- Price is above Fair Value, showing premium demand versus the model.
COST
TOR
Week ended 07 Aug 2026
Weekly Investor Report
Costco Wholesale Corporation · Consumer Defensive · Discount Stores
Latest close
42.25 CAD
-0.4%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -3.8% below the Trend Line and sits at 38.2% of its 52-week range. The latest completed week returned -0.4%, after a 3.4% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
38
out of 100
Latest Close
42.25 CAD
7 Aug 2026
1W Return
-0.4%
latest completed week
4W Return
3.4%
short-term follow-through
12W Return
-9.9%
quarterly tape
Trend Breadth
32.7%
17 of 52 weeks active
Volume Ratio
0.9x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Activity pressure is negative, which weakens the current setup.
- Activity pressure is weak, so confirmation is not yet broad enough.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-0.4%
Latest completed week; four-week move 3.4%.
Indicator stack
18/33
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
50/100
11 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -3.8% below the Trend Line and sits at 38.2% of its 52-week range. The latest completed week returned -0.4%, after a 3.4% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.1712-week average 0.61
12-week confirmation
Trend active5/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure2/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.17Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers55 reversal markers
No recent accumulation markers. 5 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 3.4% over four weeks, -9.9% over 12 weeks, and -4.9% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year17
Trend breadth32.7%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.00Latest activity-pressure read.
Pressure change14.0%Four-week change in activity pressure.
Leadership-12.66Latest relative-leadership reading.
RS change15.1%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 31 May 2026
Field coverage 94%
Model confidence 94%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength11/100Blend of value, momentum, and quality. Underlying universe rank 90; rank 1 is best.
Value5/100Relative valuation strength. Underlying universe rank 96; rank 1 is best.
Quality83/100Profitability and accounting quality. Underlying universe rank 18; rank 1 is best.
Momentum15/100Medium-term price momentum. Underlying universe rank 86; rank 1 is best.
Growth66/100Revenue and earnings growth. Underlying universe rank 35; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 62.5x Price divided by trailing earnings.
- Price / sales
- 1.9x Market value relative to trailing revenue.
- EV / EBITDA
- 37.5x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 1.6% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 12.9% Gross profit retained from each unit of revenue.
- Operating margin
- 3.8% Operating profit retained from revenue.
- Free-cash-flow margin
- 3.0% Free cash flow generated from revenue.
- Return on invested capital
- 37.1% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 8.2% Latest one-year revenue growth.
- EPS growth
- 9.9% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 18.2% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 6/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 0.6% Cash dividends relative to market value.
- Buyback yield
- 0.2% Net share repurchases relative to market value.
- Shareholder yield
- 0.7% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -0.7x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment50/100
Weighted news tone is neutral across 11 relevant articles.
2 positive · 8 neutral · 1 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-13.8%Distance below the 52-week high.
13-week volatility2.7%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+3.9%Week of 15 May.
Worst week-6.9%Week of 29 May.
Latest week-0.4%Week of 7 Aug.
Shape of recent returns
Strong gains0
Modest gains13
Flat weeks0
Modest losses12
Sharp losses1
Recent vol2.7%13-week weekly-return volatility.
Base vol2.6%52-week weekly-return volatility.
Up/down split24/28Count of positive and negative weeks in the 52-week window.
Average skew2.1% / -1.9%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorCA Consumer Defensive
4-week rank8 / 33
Group average-3.7%
Trend breadth36.4%
Trend36.4%active weekly trend signals
MD57.6%positive activity pressure
RS21.2%positive relative leadership
Four-week leaders
IndustryCA Discount Stores
4-week rank2 / 2
Group average3.7%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD50.0%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape34/100
Trend, activity pressure, participation, and risk combine to a 34/100 tape read.
Indicator analysis17/100Latest 12-week confirmation: trend 5/12, activity pressure 2/12, relative leadership 0/12.
Activity pressure 0.17; 5 reversal markers Factors28/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 39 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 11 relevant articles.
Costco's digitally-enabled comparable sales were 17.7% in July Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 42.25 CAD | -0.4% | 43.94 CAD | 39.53 CAD | -1.00 | -12.66 | 325.7K | Off |
| 31 Jul 2026 | 42.41 CAD | 1.8% | 43.92 CAD | 39.42 CAD | -1.00 | -10.02 | 506.7K | Off |
| 24 Jul 2026 | 41.68 CAD | -0.6% | 43.79 CAD | 39.31 CAD | -1.13 | -12.43 | 272.5K | Off |
| 17 Jul 2026 | 41.93 CAD | 2.6% | 43.71 CAD | 39.21 CAD | -1.12 | -12.09 | 477.1K | Off |
| 10 Jul 2026 | 40.87 CAD | -3.6% | 43.59 CAD | 39.10 CAD | -1.16 | -14.90 | 740.8K | Off |
| 3 Jul 2026 | 42.38 CAD | -0.2% | 43.56 CAD | 39.00 CAD | -1.17 | -12.18 | 22.0K | Off |
| 26 Jun 2026 | 42.47 CAD | -1.0% | 43.49 CAD | 38.88 CAD | -1.11 | -11.87 | 44.4K | Off |
| 19 Jun 2026 | 42.90 CAD | -2.3% | 43.45 CAD | 38.77 CAD | -0.90 | -11.52 | 22.6K | On |
| 12 Jun 2026 | 43.93 CAD | 1.1% | 43.37 CAD | 38.64 CAD | -0.50 | -9.89 | 34.7K | On |
| 5 Jun 2026 | 43.45 CAD | 1.5% | 43.30 CAD | 38.51 CAD | -0.05 | -10.07 | 151.6K | On |
| 29 May 2026 | 42.82 CAD | -6.9% | 43.24 CAD | 38.39 CAD | 0.28 | -12.85 | 841.4K | On |
| 22 May 2026 | 46.01 CAD | -1.9% | 43.19 CAD | 38.26 CAD | 0.41 | -6.28 | 540.1K | On |
| 15 May 2026 | 46.91 CAD | 3.9% | 43.06 CAD | 38.11 CAD | 0.33 | -3.22 | 603.4K | On |
| 8 May 2026 | 45.16 CAD | -0.3% | 42.90 CAD | 37.96 CAD | 0.23 | -8.01 | 390.5K | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.