In the latest quarter, 30 analysts provided ratings for Costco Wholesale COST, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 6 | 16 | 8 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 4 | 7 | 7 | 0 | 0 |
2M Ago | 0 | 4 | 0 | 0 | 0 |
3M Ago | 2 | 4 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $1022.27, a high estimate of $1175.00, and a low estimate of $880.00. Surpassing the previous average price target of $958.36, the current average has increased by 6.67%.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Costco Wholesale's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $1100.00 | $1100.00 |
Paul Lejuez | Citigroup | Raises | Neutral | $1060.00 | $800.00 |
Edward Kelly | Wells Fargo | Raises | Equal-Weight | $1000.00 | $950.00 |
Michael Baker | DA Davidson | Raises | Neutral | $900.00 | $880.00 |
Simeon Gutman | Morgan Stanley | Raises | Overweight | $1150.00 | $950.00 |
Oliver Chen | TD Cowen | Raises | Buy | $1090.00 | $975.00 |
Scot Ciccarelli | Truist Securities | Raises | Hold | $935.00 | $909.00 |
Karen Short | Barclays | Raises | Equal-Weight | $940.00 | $850.00 |
Laura Champine | Loop Capital | Raises | Buy | $1095.00 | $1005.00 |
Kelly Bania | BMO Capital | Raises | Outperform | $1175.00 | $1075.00 |
Bill Kirk | Roth MKM | Raises | Neutral | $907.00 | $755.00 |
Greg Melich | Evercore ISI Group | Raises | Outperform | $1030.00 | $1020.00 |
Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $1050.00 | $1050.00 |
Rupesh Parikh | Oppenheimer | Raises | Outperform | $1075.00 | $980.00 |
Corey Tarlowe | Jefferies | Raises | Buy | $1145.00 | $1050.00 |
Mark Astrachan | Stifel | Raises | Buy | $1000.00 | $935.00 |
George Kelly | Wells Fargo | Raises | Equal-Weight | $950.00 | $850.00 |
Peter Benedict | Baird | Raises | Outperform | $1075.00 | $975.00 |
Joseph Feldman | Telsey Advisory Group | Raises | Outperform | $1050.00 | $1000.00 |
Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $1000.00 | $1000.00 |
Kelly Bania | BMO Capital | Raises | Outperform | $1075.00 | $980.00 |
Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $1000.00 | $1000.00 |
Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $1000.00 | $1000.00 |
Dean Rosenblum | Bernstein | Announces | Outperform | $1016.00 | - |
Ivan Feinseth | Tigress Financial | Announces | Buy | $1065.00 | - |
Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $1000.00 | $1000.00 |
Michael Baker | DA Davidson | Maintains | Neutral | $880.00 | $880.00 |
Mark Astrachan | Stifel | Raises | Buy | $935.00 | $925.00 |
Rupesh Parikh | Oppenheimer | Raises | Outperform | $980.00 | $955.00 |
Greg Melich | Evercore ISI Group | Raises | Outperform | $990.00 | $985.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Costco Wholesale. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Costco Wholesale compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Costco Wholesale's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Costco Wholesale's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Costco Wholesale analyst ratings.
Discovering Costco Wholesale: A Closer Look
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 280 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Costco Wholesale: Financial Performance Dissected
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Costco Wholesale's revenue growth over a period of 3 months has been noteworthy. As of 30 November, 2024, the company achieved a revenue growth rate of approximately 7.53%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 2.89%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Costco Wholesale's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.48% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.51%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.
Analyst Ratings: What Are They?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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