Analysts giving shares a rating of 1 or 2 would be indicating a Buy.
From strong comparable sales and revenue to rapidly rising e-commerce sales and profit, here are the most important metrics from Costco's fourth-quarter report. Costco Wholesale had 95 analyst reports since August 24, 2015 according to SRatingsIntel. The overall volume in the last trading session was 4.32 million shares. RBC Capital Markets maintained the stock with "Buy" rating in Thursday, August 3 report.
Are shares of Costco Wholesale Corporation (NASDAQ:COST) ready to make a move? The firm has a market capitalization of $68.90 billion, a P/E ratio of 27.27 and a beta of 0.94. Deutsche Bank upgraded Costco Wholesale Corporation (NASDAQ:COST) on Thursday, December 3 to "Buy" rating. Narrowing in, the stock is at a distance of -5.94% from the 50 day high and 4.85% off of the 50 day low. Costco Wholesale Corporation also was the target of some unusual options trading activity on Thursday. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: "Costco Wholesale Corporation (COST) Q4 2017 Results - Earnings Call Transcript" published on October 06, 2017 as well as Investorplace.com's news article titled: "3 Stocks to Watch on Friday: Costco Wholesale Corporation (COST), Helen of ..." with publication date: October 06, 2017. Costco Wholesale Corporation now has an average rating of "Buy" and a consensus target price of $178.39. The 1 year EPS growth rate is -21.00%.
For the fourth quarter, net income attributable to Costco rose to $919 million, or $2.08 per share, from $779 million, or $1.77 per share, while total revenue increased 15.7% percent to $42.30 billion.
Covering sell-side analysts have recently weighed in on shares of Costco Wholesale Corporation (NASDAQ:COST). If you are accessing this report on another website, it was copied illegally and republished in violation of US and global copyright and trademark law. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Outperform" rating by Raymond James on Monday, June 26. The value of the investment in (COST) increased from $1,473,000 to $1,382,000,000 a change of 93,722.1% quarter to quarter. 311.53 million shares or 2.27% less from 318.75 million shares in 2017Q1 were reported. Over the past week, shares are 1.93%.
As of quarter end Perigon Wealth Management, LLC had sold a total of 2,104 shares trimming its position 7.9%. Following the transaction, the director now owns 6,974 shares in the company, valued at $1,150,152.08.
Costco's partnership with Instacart is now available in 376 of Costco's locations. Northwest Investment Counselors LLC acquired a new stake in shares of Costco Wholesale Corporation during the second quarter worth $107,000. Schulhoff & Co. Inc. raised its holdings in shares of Costco Wholesale Corporation by 7.7% during the first quarter.
Grocery industry analysts and investors alike have always been concerned that Costco was failing to attract millennial shoppers, who are supposedly less like to own cars and live in the suburban areas where Costcos are typically located.
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea.