Apparel Stocks Worth Watching – July 16th

Costco Wholesale, Berkshire Hathaway, and Walmart are the three Apparel stocks to watch today, according to MarketBeat’s stock screener tool. Apparel stocks are the inventory of clothing items and related accessories that a retailer, wholesaler or manufacturer holds at a given time, covering all styles, sizes and colors ready for sale. This includes merchandise on the sales floor, in back-room storage or in transit between facilities. Effective management of apparel stocks balances consumer demand with carrying costs to avoid both stockouts and excess markdowns. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

COST stock traded down $12.22 during midday trading on Wednesday, reaching $955.46. 1,179,992 shares of the company’s stock traded hands, compared to its average volume of 2,057,628. The company has a 50-day moving average price of $1,002.24 and a two-hundred day moving average price of $982.43. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.52 and a current ratio of 1.02. Costco Wholesale has a 52 week low of $793.00 and a 52 week high of $1,078.24. The firm has a market capitalization of $423.73 billion, a PE ratio of 54.20, a price-to-earnings-growth ratio of 6.10 and a beta of 0.97.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

BRK.B stock traded up $0.44 during midday trading on Wednesday, reaching $470.57. 1,514,886 shares of the company’s stock traded hands, compared to its average volume of 4,414,189. The company has a 50-day moving average price of $494.14 and a two-hundred day moving average price of $494.54. Berkshire Hathaway has a 52 week low of $406.11 and a 52 week high of $542.07. The firm has a market capitalization of $1.02 trillion, a PE ratio of 12.54, a price-to-earnings-growth ratio of 3.31 and a beta of 0.83.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Shares of Walmart stock traded down $0.40 during trading on Wednesday, hitting $94.99. The stock had a trading volume of 3,907,378 shares, compared to its average volume of 18,064,026. The firm has a market cap of $758.08 billion, a price-to-earnings ratio of 40.60, a P/E/G ratio of 4.61 and a beta of 0.68. Walmart has a 12 month low of $66.67 and a 12 month high of $105.30. The business’s 50-day moving average is $96.97 and its 200 day moving average is $94.55. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47.