Costco Wholesale (NASDAQ:COST)‘s stock had its “buy” rating reiterated by Tigress Financial in a research note issued to investors on Friday.

Other analysts have also recently issued research reports about the stock. Vetr raised shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $200.28 target price on the stock in a research note on Thursday. Oppenheimer reissued a “buy” rating on shares of Costco Wholesale in a research note on Thursday, November 30th. Susquehanna Bancshares upped their target price on shares of Costco Wholesale from $205.00 to $215.00 and gave the company a “positive” rating in a research note on Friday, December 15th. Barclays reissued a “buy” rating and issued a $208.00 target price on shares of Costco Wholesale in a research note on Tuesday, December 19th. Finally, Zacks Investment Research cut shares of Costco Wholesale from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Ten analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. Costco Wholesale currently has a consensus rating of “Buy” and a consensus price target of $187.83.

Costco Wholesale (COST) opened at $189.10 on Friday. The company has a market cap of $83,050.00, a PE ratio of 30.06, a PEG ratio of 3.19 and a beta of 0.98. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.57. Costco Wholesale has a 52-week low of $150.00 and a 52-week high of $195.35.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Thursday, December 14th. The retailer reported $1.36 EPS for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.01. The business had revenue of $31.81 billion during the quarter, compared to analyst estimates of $31.01 billion. Costco Wholesale had a net margin of 2.09% and a return on equity of 23.39%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.24 earnings per share. sell-side analysts forecast that Costco Wholesale will post 6.56 EPS for the current fiscal year.

In other news, VP Timothy L. Rose sold 5,000 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $193.20, for a total transaction of $966,000.00. Following the sale, the vice president now directly owns 52,529 shares of the company’s stock, valued at $10,148,602.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard M. Libenson sold 2,350 shares of the stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $162.00, for a total transaction of $380,700.00. Following the sale, the director now directly owns 4,109 shares in the company, valued at $665,658. The disclosure for this sale can be found here. Insiders have sold 59,842 shares of company stock worth $10,744,218 over the last three months. 0.74% of the stock is owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Westside Investment Management Inc. raised its holdings in Costco Wholesale by 0.3% in the second quarter. Westside Investment Management Inc. now owns 1,114 shares of the retailer’s stock worth $168,000 after purchasing an additional 3 shares during the period. Brightworth raised its holdings in Costco Wholesale by 0.3% in the second quarter. Brightworth now owns 1,334 shares of the retailer’s stock worth $213,000 after purchasing an additional 4 shares during the period. Pioneer Trust Bank N A OR raised its holdings in Costco Wholesale by 0.4% in the second quarter. Pioneer Trust Bank N A OR now owns 1,659 shares of the retailer’s stock worth $266,000 after purchasing an additional 7 shares during the period. SVA Plumb Wealth Management LLC raised its holdings in Costco Wholesale by 0.3% in the second quarter. SVA Plumb Wealth Management LLC now owns 2,527 shares of the retailer’s stock worth $404,000 after purchasing an additional 7 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Costco Wholesale by 0.5% in the second quarter. Cetera Investment Advisers now owns 1,390 shares of the retailer’s stock worth $223,000 after purchasing an additional 7 shares during the period. 70.87% of the stock is currently owned by institutional investors and hedge funds.

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About Costco Wholesale

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. As of August 28, 2016, the Company operated 715 warehouses across the world.

Analyst Recommendations for Costco Wholesale (NASDAQ:COST)

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