Costco Wholesale Corp. (COST) Scheduled to Post Earnings on Wednesday
Costco Wholesale Corp. (NASDAQ:COST) is set to release its earnings data on Wednesday, October 9th. Parties interested in listening to the company’s conference call can do so using this link.
Shares of Costco Wholesale Corp. (NASDAQ:COST) opened at 113.41 on Tuesday. Costco Wholesale Corp. has a 52 week low of $93.51 and a 52 week high of $120.20. The stock’s 50-day moving average is $114.8 and its 200-day moving average is $112.2. The company has a market cap of $49.524 billion and a P/E ratio of 24.75.
Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Costco Wholesale Corp. in a research note to investors on Thursday, October 3rd. They now have a $109.00 price target on the stock. On a related note, analysts at Deutsche Bank reiterated a “buy” rating on shares of Costco Wholesale Corp. in a research note to investors on Thursday, October 3rd. They now have a $121.00 price target on the stock, up previously from $120.00. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Costco Wholesale Corp. in a research note to investors on Tuesday, October 1st. They now have a $130.00 price target on the stock. Eleven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Costco Wholesale Corp. presently has an average rating of “Buy” and an average target price of $117.78.
Costco Wholesale Corporation (NASDAQ:COST) with its subsidiaries is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, and through majority owned subsidiaries in Taiwan and Korea.
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