Bernstein initiated coverage on Costco with a new price target
$COST
Department/Specialty Retail Stores
Consumer Discretionary
Bernstein initiated coverage of Costco with a rating of Outperform and set a new price target of $1,016.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/22/2024 | $1016.00 | Outperform | Bernstein |
| 10/10/2024 | $955.00 → $980.00 | Outperform | Oppenheimer |
| 9/27/2024 | $925.00 → $1000.00 | Outperform | Telsey Advisory Group |
| 9/24/2024 | $873.00 | Buy → Hold | Truist |
| 9/10/2024 | $860.00 → $890.00 | Buy → Neutral | Redburn Atlantic |
| 9/9/2024 | $855.00 → $950.00 | Overweight | Morgan Stanley |
| 8/8/2024 | $925.00 | Accumulate → Buy | Gordon Haskett |
| 7/11/2024 | $900.00 → $925.00 | Outperform | Telsey Advisory Group |
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
10-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
SC 13G/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Subject)
SC 13G/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Subject)
SC 13G/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Subject)
ISSAQUAH, Wash., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.16 per share. The quarterly dividend is payable November 15, 2024, to shareholders of record at the close of business on November 1, 2024. Costco currently operates 891 warehouses, including 614 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 35 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-
ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023. The following comparable sales data reflect comparable locations year-over-year and c
ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows: 5 Weeks 44 WeeksU.S.5.6% 4.4%Canada5.2% 7.3%Other International4.3% 8.5% Total Company5.3% 5.4% E-commerce18.4% 15.2% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 5 Weeks 44 WeeksU.S.6
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
Bernstein initiated coverage of Costco with a rating of Outperform and set a new price target of $1,016.00
Oppenheimer reiterated coverage of Costco with a rating of Outperform and set a new price target of $980.00 from $955.00 previously
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $1,000.00 from $925.00 previously
Costco Wholesale Corp (NASDAQ:COST) share price has been on a remarkable ascent, trading above $800. This puts the retail giant in prime stock-split territory. Historically, stock splits occur after substantial price increases, and Costco’s impressive growth makes it a noteworthy candidate for such a move. Will Costco Follow Rival Walmart’s Footsteps? Walmart Inc‘s (NYSE:WMT) 3-for-1 stock split, initiated when its shares were trading below $200, sets a precedent. Costco’s stock price has far surpassed this level, climbing nearly 30% year-to-date and almost tripling over the past five years. The company's consistent performance and its share price near record highs suggest it could
Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 5 years by 11.82% on an annualized basis producing an average annual return of 24.58%. Currently, Costco Wholesale has a market capitalization of $371.86 billion. Buying $100 In COST: If an investor had bought $100 of COST stock 5 years ago, it would be worth $299.42 today based on a price of $838.77 for COST at the time of writing. Costco Wholesale's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated
Whales with a lot of money to spend have taken a noticeably bullish stance on Costco Wholesale. Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 19 trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 36% with bearish. From the overall spotted trades, 5 are puts, for a total amount of $810,465 and 14, calls, for a total amount of $593,485. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $425.0 to $1340.0 for Costco Wholesale over the recent three months. Volume & Open Interest
ISSAQUAH, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $20.03 billion for the retail month of October, the four weeks ended November 3, 2024, an increase of 7.2 percent from $18.68 billion last year. Net sales for the first nine weeks were $44.65 billion, an increase of 8.0 percent from $41.33 billion last year. Comparable sales were as follows: 4 Weeks 9 WeeksU.S.4.1% 5.4%Canada8.0% 6.7%Other International7.1% 7.9% Total Company5.1% 5.9%E-commerce19.3% 21.2% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 4 Weeks 9 WeeksU.S.5.8
Peloton Interactive, Inc. (NASDAQ:PTON) and Costco (NASDAQ:COST) today announced a partnership where Costco will sell the Peloton Bike+ in 300 of its US stores and on Costco.com this holiday season. Starting November 1, Costco members will be able to purchase an exclusive Bike+ bundle through February 15, 2025, or while supplies last. This partnership marks Peloton's first seasonal retail collaboration in the United States, partnering with a company dedicated to bringing its 136 million loyal members the best possible value on quality, brand-name merchandise. As Peloton continues to expand its third-party retail relationships, Costco allows the company to create additional exposure for its
ISSAQUAH, Wash., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.16 per share. The quarterly dividend is payable November 15, 2024, to shareholders of record at the close of business on November 1, 2024. Costco currently operates 891 warehouses, including 614 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 35 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-