Research Analysts’ Recent Ratings Changes for Costco Wholesale (COST)

A number of research firms have changed their ratings and price targets for Costco Wholesale (NASDAQ: COST):

  • 2/12/2018 – Costco Wholesale was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $200.28 price target on the stock.
  • 2/5/2018 – Costco Wholesale was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $200.28 price target on the stock.
  • 1/24/2018 – Costco Wholesale was given a new $223.00 price target on by analysts at BMO Capital Markets. They now have a “buy” rating on the stock.
  • 1/22/2018 – Costco Wholesale was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $200.28 price target on the stock.
  • 1/12/2018 – Costco Wholesale was upgraded by analysts at Gordon Haskett from an “accumulate” rating to a “buy” rating. They now have a $191.00 price target on the stock.
  • 1/12/2018 – Costco Wholesale had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $195.00 price target on the stock.
  • 1/8/2018 – Costco Wholesale had its price target raised by analysts at Oppenheimer Holdings Inc. from $180.00 to $210.00. They now have an “outperform” rating on the stock.
  • 1/5/2018 – Costco Wholesale had its “buy” rating reaffirmed by analysts at Tigress Financial.
  • 1/4/2018 – Costco Wholesale was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $200.28 price target on the stock.
  • 12/19/2017 – Costco Wholesale had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $208.00 price target on the stock.
  • 12/18/2017 – Costco Wholesale was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $186.56 price target on the stock.
  • 12/18/2017 – Costco Wholesale was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating. They now have a $215.00 price target on the stock, up previously from $192.73.
  • 12/15/2017 – Costco Wholesale had its price target raised by analysts at Susquehanna Bancshares Inc from $205.00 to $215.00. They now have a “positive” rating on the stock.
  • 12/15/2017 – Costco Wholesale had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 12/15/2017 – Costco Wholesale was given a new $175.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
  • 12/15/2017 – Costco Wholesale was given a new $214.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 12/15/2017 – Costco Wholesale had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $200.00 price target on the stock, up previously from $185.00.
  • 12/15/2017 – Costco Wholesale had its price target raised by analysts at UBS Group AG to $210.00. They now have a “buy” rating on the stock.
  • 12/15/2017 – Costco Wholesale had its price target raised by analysts at Telsey Advisory Group from $186.00 to $195.00. They now have an “outperform” rating on the stock.
  • 12/15/2017 – Costco Wholesale had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $215.00 price target on the stock.
  • 12/14/2017 – Costco Wholesale had its “hold” rating reaffirmed by analysts at Jefferies Group LLC.

Costco Wholesale Co. (NASDAQ COST) opened at $180.72 on Monday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.43 and a current ratio of 0.98. The stock has a market cap of $79,355.22, a PE ratio of 28.73, a price-to-earnings-growth ratio of 2.95 and a beta of 0.99. Costco Wholesale Co. has a one year low of $150.00 and a one year high of $199.88.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, December 14th. The retailer reported $1.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.01. The business had revenue of $31.81 billion for the quarter, compared to analysts’ expectations of $31.01 billion. Costco Wholesale had a net margin of 2.09% and a return on equity of 23.39%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 EPS. equities research analysts forecast that Costco Wholesale Co. will post 6.71 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 16th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Thursday, February 15th. Costco Wholesale’s dividend payout ratio (DPR) is presently 31.80%.

In other news, Director John W. Meisenbach sold 3,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $183.26, for a total value of $549,780.00. Following the transaction, the director now owns 8,654 shares in the company, valued at approximately $1,585,932.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Timothy L. Rose sold 5,000 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $193.20, for a total transaction of $966,000.00. Following the completion of the transaction, the vice president now owns 52,529 shares in the company, valued at approximately $10,148,602.80. The disclosure for this sale can be found here. Insiders sold a total of 91,185 shares of company stock worth $17,408,817 in the last quarter. Company insiders own 0.58% of the company’s stock.

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.

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