Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan.
Costco stock last closed at $495.27, up 1.54% from the previous day, and has decreased 11.26% in one year. It has underperformed other stocks in the Discount Stores industry by 0 percentage points. Costco stock is currently +21.83% from its 52-week low of $406.51, and -19.11% from its 52-week high of $612.27.
At the moment, there are 443.48M COST shares outstanding. The market capitalization of COST is $219.64B. In the past 24 hours, 1.63M COST shares were traded.
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Once you have decided on the best place to buy Costco stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
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You can view all of the due diligence checks on COST's stock page.
You can use many financial metrics, analyses, models, and charts to gauge COST's true value.
Using relative valuations measures:
You can do additional valuation analysis on COST's stock here.
Out of 22 sell side analysts who track COST, the consensus analyst rating on Costco is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Chuck Cerankosky, a top 26% analyst from Northcoast Research upgrades COST to a strong buy rating and announces their COST price target of $560.00, on Mar 7, 2023.
Cerankosky upgraded Costco Wholesale Corporation from Hold to Strong Buy with a $560 price target following the release of the company's Q2 2023 earnings report on 2023/03/02.
Notwithstanding the challenges of high inflation and many consumers' reluctance to purchase discretionary goods, the company reported a Q2 beat and "set the stage" for a strong 2H 2023, the analyst told investors.
Cerankosky said he thinks that Costco's "strong" value proposition in everything from consumables to housewares to gasoline "not only allows it to retain its many loyal members but also attract new ones."
Also, the analyst said he believes that 2023 will set the company up for "another stage of overall market share gains."
Furthermore, an "impeccable balance sheet" allows for a special dividend of at least $10 per share, as well as additional share repurchases in the next 12 to 24 months, Cerankosky noted.
For Q2 2023, Costco reported:
Management did not provide guidance or comment in the press release.
Simeon Gutman, a bottom 1% analyst from Morgan Stanley maintains COST with a strong buy rating and lowers their COST price target from $525.00 to $520.00, on Mar 3, 2023.
Peter Benedict, a top 17% analyst from Baird maintains COST with a buy rating and lowers their COST price target from $575.00 to $535.00, on Mar 3, 2023.
Joe Feldman, a top 11% analyst from Telsey Advisory Group maintains COST with a buy rating and lowers their COST price target from $580.00 to $540.00, on Mar 3, 2023.
Seth Sigman, a top 9% analyst from Barclays initiates coverage on COST with a hold rating and announces their COST price target of $510.00, on Feb 8, 2023.
You can dig deeper into what analysts are projecting on the Costco stock forecast page.
Last year, COST earnings were $6.05B. Over the past five year, COST's earnings have grown by 15.09% per year. This was faster than the Discount Stores industry average of 8.69%.
Last year, COST revenue was $234.39B. In the past 5 year, COST's revenue has increased by 11.51% per year. This was faster than the Discount Stores industry average of 7.11%.
You can analyze COST's earnings and revenue performance here.
Over the past year, executives and large shareholders at COST have sold more shares than they have bought.
Richard A. Galanti, Executive VP and CFO of COST, was the latest COST insider to sell. They sold $999,505.76 worth of COST shares on Mar 14, 2023.
Research more about who owns COST stock here.
Costco pays a dividend of 0.73%, compared to the Discount Stores industry's average dividend yield of 3.28%. If you owned $1,000 worth of COST stock, you would have received $7.27 in the past year.
Costco dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Costco dividend yield and history here.
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