Ultime notizie per Costco Wholesale (NASDAQ:COST) Azioni

Costco Wholesale

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 enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.

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Costco Wholesale Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) reported fourth-quarter financial results after the market close on Thursday. Here&#8217;s a look at the <a href="https://www.benzinga.com/pressreleases/24/09/g41056255/costco-wholesale-corporation-reports-fourth-quarter-and-fiscal-year-2024-operating-results">key numbers from the quarter</a>.
Q4 Earnings: Costco reported fourth-quarter revenue of $79.697 billion, missing the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $79.973 billion. The membership-based retailer reported quarterly earnings of $5.29 per share, beating analyst estimates of $5.08 per share, according to&nbsp;<a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Comparable sales in the fourth quarter were up 5.3% in the U.S., up 5.5% in Canada and up 5.7% in the Other International segment. Total comps climbed 5.4% year-over-year, and total e-commerce sales jumped 18.9%. The reported figures were adjusted to account for the total weeks in the quarter. 
Costco&#8217;s fourth quarter this year was a 16-week period versus 17 weeks in the fourth quarter of 2023.
Membership fees came in at $1.512 billion, up from $1.509 billion in the prior year&#8217;s quarter. Costco <a href="https://www.benzinga.com/news/24/07/39728606/whats-going-on-with-costco-stock-thursday">announced</a> it was raising the price of its annual store membership by $5 in July. The membership fee increase went into effect on Sept. 1.
Costco noted it now operates 891 warehouses. The company said it ended the quarter with $9.906 billion in cash and cash equivalents.
Management will hold a conference call with investors and analysts to discuss these results at 5 p.m. ET.
Related Link: <a href="https://www.benzinga.com/news/24/09/41023224/top-10-stock-picks-for-the-holiday-boom-adobe-forecasts-unprecedented-e-commerce-sales-this-season">Top 10 Stock Picks For The Holiday Boom: Adobe Forecasts Unprecedented E-Commerce Sales This Season</a>
COST Price Action: <a href="http://benzinga.com/quote/cost">Costco shares</a> were down 1.10% in after hours, trading around $891.50 at the time of publication Thursday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: <a href="https://commons.wikimedia.org/wiki/Category:Costco">Wikimedia Commons</a>.

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Costco Q4 Earnings: Revenue Miss, EPS Beat, Comps Climb 5.4%, Shares Slide

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Costco shares are trading lower following Q4 earnings.

Costco Q4 Adj. e-Commerce Comparable Sales Grew 19.5%, Total Company Comparable Sales Grew 6.9%

Earnings Beats

Earnings Misses

Costco Wholesale Q4 2024 GAAP EPS $5.29 Beats $5.08 Estimate, Sales $79.697B Miss $79.973B Estimate

Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) has outperformed the market over the past 15 years by 8.16% on an annualized basis producing an average annual return of 20.3%. Currently, Costco Wholesale has a market capitalization of $400.58 billion. 
Buying $1000 In COST: If an investor had bought $1000 of COST stock 15 years ago, it would be worth $16,225.00 today based on a price of $903.57 for COST at the time of writing.
<h3>Costco Wholesale's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727366424_0.png" alt="comp_fig" />
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 content engine and reviewed by an editor.

$1000 Invested In Costco Wholesale 15 Years Ago Would Be Worth This Much Today

When Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) releases earnings for the fourth quarter after the <a href="https://www.benzinga.com/trading-ideas/previews/24/09/41034748/costco-q4-earnings-preview-membership-fee-increase-visitor-growth-top-items-to-watch">closing bell on Thursday</a>, analysts expect the bulk retailer to report quarterly earnings at $5.08 per share.
That&#8217;s up from $4.86 per share a year ago. Costco projects to report revenue of $79.97 billion, compared to $78.94 billion a year earlier, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 24, Truist Securities analyst Scot Ciccarelli downgraded the Issaquah, Washington-based company from Buy to Hold and maintained the price target of $873.
With the recent buzz around Costco, some investors may be eyeing potential gains from the company's dividends. As of now, Costco has a dividend yield of 0.51%. That&#8217;s a quarterly dividend amount of $1.16 a share ($4.64 a year).
To figure out how to earn $500 monthly from Costco, start with a yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Costco's $4.64 dividend: $6,000 / $4.64 = 1,293 shares
An investor would need to own approximately $1,174,587 worth of Costco, or 150,000 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $4.64 = 259 shares, or $235,281 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis. The dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
COST Price Action: Shares of Costco gained 0.8% to close at $908.42 on Wednesday.
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Image: Flickr/Mike Mozart

How To Earn $500 A Month From Costco Stock Ahead Of Q4 Earnings

Micron, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) <a href="https://www.benzinga.com/news/earnings/24/09/41034733/micron-q4-earnings-revenue-eps-beat-on-robust-ai-demand-company-sees-significantly-improved-profita">earnings</a> could revitalize the sagging market momentum, with the index futures trading notably higher early Thursday. The risk-on mood was evident across the global markets as China&#8217;s commitment to stimulate the domestic economy encouraged traders. The markets also have several Main Street catalysts to consider, including weekly jobless claims data and inflation measures from the second-quarter GDP report. A slew of Federal Reserve officials are due to make speeches, which could potentially offer clues toward the interest-rate trajectory.
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<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+1.38%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.78%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.47%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.87%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Thursday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) climbed 0.79% to $574.55 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) jumped 1.44% to $492.82, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
U.S. stocks ended Tuesday&#8217;s session on a mixed note, as wary traders either stepped to the sidelines or took some profits off the table ahead of the flurry of data due over the next two days and Micron&#8217;s earnings that came out after the market closed. IT and utility stocks rose, while the remaining 11 sector classes pulled back. Energy and healthcare stocks were among the worst performers of the session.
The Nasdaq Composite ended marginally higher, advancing for a third straight session, while the S&amp;P 500 Index and the Dow Industrials retreated from their record highs.
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<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.04%</td>
<td>18,082.21</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>0.19%</td>
<td>5,722.26</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.70%</td>
<td>41,914.75</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.17%</td>
<td>2,223.99</td>
</tr>
</tbody>
</table>
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Insights From Analysts:
The market could remain lackadaisical until the election, according to Fund Strat&#8217;s Tom Lee. The Fed rate cut is historically positive three to six months out but what stocks do in the next month is a bit of a coin flip, the strategist <a href="https://x.com/CNBCClosingBell/status/1839029917742219408">said</a> in an interview with CNBC. 
Some repositioning took place and the market is now looking ahead to the election, which is just 40 days away, he said. 
Lee noted that most wealth managers and family offices he spoke to hinted at unwillingness to commit capital until after election day. &#8220;I don't think it matters who wins; It&#8217;s just they want to get that event behind,&#8221; he added.
The strategist said in election years, the November and December rallies are pretty tremendous, and when the gains are over 10% in the first half of the year, the November-December rallies get bigger, he said. &#8220;I am bullish into year-end but I'm a little less confident about how markets behave into election day and not that I think we're going to have a huge drawdown,&#8221; he added. 
&#8220;I also don't think we can make new highs and then see the market blast off after election day. So I'd rather sort of say things look a lot better after election day,&#8221; Lee said.
A Morgan Stanley strategist looked ahead to what&#8217;s in store after the first rate cut in the current monetary policy cycle. Chief Investment Officer, Morgan Stanley Wealth Management, Lisa Shalett said corporate fundamentals will now need to come into sharper focus, though expectations are already ambitious.
Given this backdrop, she advised investors to consider reducing ultra-short and money market positions in favor of locking in longer-dated rates. The equal-weighted S&amp;P 500 Index may provide better risk-adjusted exposure than its market-cap-weighted counterpart, she said. The strategist also flagged financial services, industrials, energy, healthcare and materials, as well as parts of technology such as software as compelling opportunities. Defensive ideas in residential REITs and utilities, and non-U.S. assets also could work in the current environment, she said.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data:
<ul>
<li>The Labor Department is scheduled to release the customary jobless claims data at 8:30 a.m. EDT. Economists, on average, expect the number of individuals claiming unemployment benefits to rise to 223,000 in the week ended Sept. 21, up from 219,000 in the previous week.</li>
<li>The Commerce Department is due to release its durable goods orders report for August at 8:30 a.m. EDT. The consensus estimate calls for a 3% month-over-month drop in durable goods orders compared to a 9.8% jump in the previous month.</li>
<li>The Bureau of Economic Analysis will release the final second-quarter GDP report at 8:30 a.m. EDT. The second-quarter growth is expected to be left unrevised at 3%. </li>
<li>The National Association of Realtors is due to release its pending home sales index for August at 10 a.m. EDT. The consensus estimate is for a 1% month-over-month increase for August, reversing some of the 5.5% drop in the previous month.</li>
</ul>
Fed speeches scheduled for the day include:
<ul>
<li>Fed Governor Adriana Kugler and Boston Fed President Susan Collins at 9:10 a.m. EDT</li>
<li>Fed Governor Michelle Bowman at 9:15 a.m. EDT</li>
<li>Fed Chair Jerome Powell at 9:20 a.m. EDT (at the 2024 U.S. Treasury Market Conference)</li>
<li>New York Fed&nbsp;President John Williams&nbsp;at 9:25 a.m. EDT</li>
<li>&nbsp;Fed Vice Chair for Supervision Michael Barr&nbsp;at 10:30 a.m. EDT</li>
<li>Fed Governor Lisa Cook&nbsp;at 10:30 a.m. EDT</li>
<li>Minneapolis Fed President Neel Kashkari and Barr at 1 p.m. EDT</li>
</ul>
Stocks In Focus:
<ul>
<li>Micron jumped over 15% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the company&#8217;s quarterly results announcement.</li>
<li>Also moving on earnings are H.B. Fuller Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUL#NYSE">FUL</a>) (down about 9%), Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>) (down over 5%) and Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) (up about 4%.</li>
<li>Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), CarMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) and Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) are among the companies due to <a href="https://www.benzinga.com/calendars/earnings">announce their financial results before the market opens</a>.</li>
<li>Those reporting after the close include BlackBerry Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>), Vail Resorts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) and Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures fell sharply and have dropped below the $69-a-barrel level, and gold futures pushed higher and are in record territory. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has gained moderately and is approaching the $64K level. The 10-year Treasury note edged down slightly to 3.772%.
The global markets were in a sea of green, with Hong Kong, China and Japan closing notably higher, as sentiment received a boost from China&#8217;s stimulus announcements. To add to the buoyancy, Bloomberg reported that China is considering injecting up to 1 trillion yuan($142.39 billion) of capital into its biggest state banks to facilitate lending. The European markets also advanced strongly in early trading.
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US Stocks Set For Strong Start, Micron Jumps, China Commits More Stimulus: Strategist Flags 'Tremendous' Gains Near Term

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Wednesday.
U.S. stocks settled mostly lower on Wednesday, with the Dow Jones index falling around 300 points during the session.
Shares of Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) dipped more than 39% on Wednesday after the company reported worse-than-expected fourth-quarter EPS results.
On the economic data front, U.S. building permits increased by 4.6% to an annual rate of 1.470 million in August. Sales of new single-family houses in the U.S. fell by 4.7% from the prior month to an annualized rate of 716,000 in August of 2024, compared to a revised 10.3% gain in the prior month.
Most sectors on the S&amp;P 500 closed on a negative note, with energy, health care, and financials stocks recording the biggest losses on Wednesday. However, information technology and utilities stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 293 points to 41,914.75 on Wednesday. The S&amp;P 500 fell 0.19% to 5,722.26, while the Nasdaq Composite gained 0.04% at 18,082.21 during Wednesday's session.
Investors are awaiting earnings results from Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), and Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 67, the index remained in the &#8220;Greed&#8221; zone on Wednesday, versus a prior reading of 66.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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SFIX

Dow Tumbles Nearly 300 Points: Investor Optimism Improves Slightly, But Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) to report quarterly earnings at $2.77 per share on revenue of $16.39 billion before the opening bell. Accenture shares rose 1.5% to $342.00 in after-hours trading.</li>
<li>Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) <a href="https://www.benzinga.com/news/earnings/24/09/41034733/micron-q4-earnings-revenue-eps-beat-on-robust-ai-demand-company-sees-significantly-improved-profita">reported</a> better-than-expected fourth-quarter financial results. The company reported fourth-quarter revenue of $7.75 billion, beating the consensus estimate of $7.635 billion. The company reported fourth-quarter adjusted earnings of $1.18 per share, beating analyst estimates of $1.13 per share, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Micron shares jumped 14.8% to $109.90 in the after-hours trading session.</li>
<li>Analysts expect Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) to post quarterly earnings at $2.22 per share on revenue of $6.59 million before the opening bell. Jabil shares gained 0.1% to $113.58 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>H.B. Fuller Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUL#NYSE">FUL</a>) reported worse-than-expected financial results for its third quarter and issued weak FY24 earnings guidance. H.B. Fuller shares dipped 9% to $73.39 in the after-hours trading session.</li>
<li>Analysts expect Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) to post quarterly earnings at $5.08 per share on revenue of $79.97 billion. The company will release earnings after the closing bell. Costco shares gained 0.1% to $908.90 in after-hours trading.</li>
</ul>
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</ul>
Photo courtesy: Shutterstock

Micron Technology, Accenture And 3 Stocks To Watch Heading Into Thursday

On Wednesday, major U.S. indices closed with mixed results. The Dow Jones Industrial Average fell 0.7% to 41,914.75, and the S&amp;P 500 dipped 0.2% to 5,722.26, while the Nasdaq inched up by 0.04% to 18,082.21.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
Meta&#8217;s stock increased by 0.88%, closing at $568.31. The intraday high and low were $576.88 and $563.72 respectively, with the 52-week high and low being $576.88 and $279.4. At the <a href="https://www.benzinga.com/news/24/09/41032461/meta-unveils-new-ai-features-quest-3s-llama-3-2-holographic-orion-glasses-at-connect-2024-we-are-get">Meta Connect 2024 event</a>, CEO Mark Zuckerberg announced several new product developments, indicating that the future of computing and human connection is already here.
DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>)
DraftKings shares rose by 5.01% to close at $41.10, with an intraday high and low of $41.98 and $40.16 respectively. The 52-week high and low are $49.57 and $25.74. The stock&#8217;s gain is likely due to the <a href="https://www.benzinga.com/markets/equities/24/09/41030297/why-is-draftkings-stock-gaining-today">positive guidance</a> issued by Flutter Entertainment for 2027, which operates in the same sector as DraftKings.
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Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>)
Costco&#8217;s shares increased by 0.76%, closing at $908.42. The intraday high and low were $910.36 and $901.13 respectively, with the 52-week high and low being $923.83 and $540.23. The company is expected to highlight its recent membership fee increase and its impact on guidance when it <a href="https://www.benzinga.com/trading-ideas/previews/24/09/41034748/costco-q4-earnings-preview-membership-fee-increase-visitor-growth-top-items-to-watch">reports its fourth-quarter financial results</a>.
Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)
Micron&#8217;s shares rose by 1.88% to close at $95.77, with an intraday high and low of $96.18 and $93.93 respectively. The 52-week high and low are $157.54 and $63.83. The company reported <a href="https://www.benzinga.com/news/earnings/24/09/41034733/micron-q4-earnings-revenue-eps-beat-on-robust-ai-demand-company-sees-significantly-improved-profita">fourth-quarter revenue</a> of $7.75 billion, beating the consensus estimate, and its adjusted earnings also exceeded analyst estimates.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares increased by 1.08%, closing at $257.02. The intraday high and low were $257.05 and $252.28 respectively, with the 52-week high and low being $271 and $138.8. The company is set to <a href="https://www.benzinga.com/news/24/09/41027049/tesla-returns-to-paris-motor-show-for-first-time-in-6-years-cybertruck-to-be-featured-will-elon-musk">return to the Paris Motor Show</a> in October, marking an exciting month for the electric vehicle sector and investors.
Photo by Phongphan on Shutterstock
Prepare for the day&#8217;s trading <a href=""Premarket">with top premarket movers and news</a> by Benzinga.
Read Next: 
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

DKNG

TSLA

Meta Platforms, DraftKings, Costco, Micron Technology, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) will likely highlight its recent membership fee increase and its impact on guidance when the company reports fourth-quarter financial results Thursday <a href="https://www.benzinga.com/earnings">after market close. </a>
Earnings Estimates: Analysts expect the retailer to report fourth-quarter revenue of $79.97 billion. That&#8217;s up from $78.94 billion in last year's fourth quarter, according to data<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1"> from Benzinga Pro.</a>
Costco missed analyst estimates for revenue in three of the last five quarters. It also missed estimates in six of the last 10 quarters overall.
Analysts expect Costco to report fourth-quarter earnings per share of $5.08, up from $4.86 in last year's fourth quarter. The company has beaten analyst estimates for earnings per share in six straight quarters and nine of the last 10 quarters.
Read Also: <a href="https://www.benzinga.com/24/09/40769126/trump-vs-harris-spurs-early-holiday-sales-costco-home-depot-unveil-christmas-and-halloween-merchandi">Trump Vs. Harris Spurs Early Holiday Sales: Costco, Home Depot Unveil Christmas And Halloween Merchandise, Amazon Announces October Deals Amid Economic Uncertainty</a>
Key Items to Watch: One of the biggest topics for Costco in the quarter will likely be the membership fee increase that was <a href="https://www.benzinga.com/news/24/07/39728606/whats-going-on-with-costco-stock-thursday">announced in July</a> and kicked in on September 1. While the membership fee increase won't have a huge impact on the quarter, it could have led to an increase in new memberships and renewals to lock in the lower rate.
Analysts and investors will also be looking to see if Costco quantifies what the membership fee increase could mean for revenue if the company announces forward-looking guidance.
Costco stores saw an increase in visitors in the quarter, according to <a href="https://www.placer.ai/blog/costco-in-2024-a-deep-dive">data </a>from Placer.ai. The report said visits were up 10.5% in June, 7.6% in July and 10.6% in August on a year-over-year basis respectively. The report also found that Costco visit growth was ahead of other competitors like Target, Walmart and BJ's Wholesale Club. Costco visitors also spend more time in stores.
The retailer has had visitors increase every month in 2024 on a year-over-year basis, according to the report.  
"Costco's visitation patterns showcase a brand that is positively thriving in 2024. And though it may be too soon to assess the impact of the membership chain's recent fee hike, the warehouse chain appears poised to enjoy a robust November and December holiday season," the report said.
The key question for investors will be if the higher tracked visits in the quarter translated to strong sales growth and average purchase size for customers with the longer time spent in stores.
Price Action: Costco shares trade at $908.22 on Wednesday versus a 52-week trading range of $540.23 to $923.83. Costco stock is up 39.6% year-to-date in 2024.
Read Next: 
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</ul>
Image: Flickr

Costco Q4 Earnings Preview: Membership Fee Increase, Visitor Growth Top Items To Watch

In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) against its key competitors in the Consumer Staples Distribution &amp; Retail industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Costco Wholesale Background</h3>
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 enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Costco Wholesale Corp</td>
<td>55.90</td>
<td>18.36</td>
<td>1.58</td>
<td>7.9%</td>
<td>$2.84</td>
<td>$7.34</td>
<td>9.07%</td>
</tr>
<tr>
<td>Walmart Inc</td>
<td>42.02</td>
<td>7.68</td>
<td>0.98</td>
<td>5.43%</td>
<td>$10.1</td>
<td>$42.52</td>
<td>4.77%</td>
</tr>
<tr>
<td>Target Corp</td>
<td>16.13</td>
<td>4.99</td>
<td>0.67</td>
<td>8.43%</td>
<td>$2.4</td>
<td>$7.65</td>
<td>2.74%</td>
</tr>
<tr>
<td>Dollar General Corp</td>
<td>13.22</td>
<td>2.57</td>
<td>0.47</td>
<td>5.25%</td>
<td>$0.79</td>
<td>$3.06</td>
<td>4.23%</td>
</tr>
<tr>
<td>BJ's Wholesale Club Holdings Inc</td>
<td>20.72</td>
<td>6.57</td>
<td>0.54</td>
<td>9.11%</td>
<td>$0.27</td>
<td>$0.96</td>
<td>4.87%</td>
</tr>
<tr>
<td>Pricesmart Inc</td>
<td>21.72</td>
<td>2.50</td>
<td>0.56</td>
<td>2.96%</td>
<td>$0.07</td>
<td>$0.21</td>
<td>12.11%</td>
</tr>
<tr>
<td>Sendas Distribuidora SA</td>
<td>16.75</td>
<td>2.30</td>
<td>0.16</td>
<td>2.58%</td>
<td>$1.34</td>
<td>$2.95</td>
<td>11.81%</td>
</tr>
<tr>
<td>Almacenes Exito SA</td>
<td>95.40</td>
<td>0.44</td>
<td>0.14</td>
<td>-0.29%</td>
<td>$303.29</td>
<td>$1299.7</td>
<td>-0.86%</td>
</tr>
<tr>
<td>Average</td>
<td>32.28</td>
<td>3.86</td>
<td>0.5</td>
<td>4.78%</td>
<td>$45.47</td>
<td>$193.86</td>
<td>5.67%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style>By thoroughly analyzing Costco Wholesale, we can discern the following trends: 
<ul>
<li>
At 55.9, the stock's Price to Earnings ratio significantly exceeds the industry average by 1.73x, suggesting a premium valuation relative to industry peers.
</li>
<li>
The elevated Price to Book ratio of 18.36 relative to the industry average by 4.76x suggests company might be overvalued based on its book value.
</li>
<li>
The Price to Sales ratio of 1.58, which is 3.16x the industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.
</li>
<li>
The Return on Equity (ROE) of 7.9% is 3.12% above the industry average, highlighting efficient use of equity to generate profits.
</li>
<li>
With lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $2.84 Billion, which is 0.06x below the industry average, the company may face lower profitability or financial challenges.
</li>
<li>
With lower gross profit of $7.34 Billion, which indicates 0.04x below the industry average, the company may experience lower revenue after accounting for production costs.
</li>
<li>
The company's revenue growth of 9.07% exceeds the industry average of 5.67%, indicating strong sales performance and market outperformance.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727276435_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By analyzing Costco Wholesale in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:
<ul>
<li>
When considering the debt-to-equity ratio, Costco Wholesale exhibits a stronger financial position compared to its top 4 peers.
</li>
<li>
This indicates that the company has a favorable balance between debt and equity, with a lower debt-to-equity ratio of 0.43, which can be perceived as a positive aspect by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Costco Wholesale, the PE, PB, and PS ratios are all high compared to industry peers, indicating a potentially overvalued stock. On the other hand, the high ROE and revenue growth suggest strong performance relative to competitors. However, the low EBITDA and gross profit may raise concerns about operational efficiency and profitability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market Analysis: Costco Wholesale And Competitors In Consumer Staples Distribution &amp; Retail Industry

Consumers remained a pillar of support for the economy despite the high interest-rate environment that has prevailed since early 2022. With the <a href="https://www.benzinga.com/markets/equities/24/09/40965372/fed-delivers-large-interest-rate-cut-in-bid-to-sustain-labor-market-stocks-gold-set-new-record-h">Federal Reserve implementing a substantial 50 basis-point</a> rate cut, the benefits of which are expected to trickle down to them, consumers are forecasted to splurge on purchases this holiday season, according to early forecasts provided by Adobe on Wednesday.
Vibrant Spending: Consumer E-commerce spending will likely reach a record $240.8 billion from Nov. 1 to Dec. 31, Adobe said. This included spending online, discounting, &#8216;Buy Now, Pay Later,&#8217; mobile shopping and more, it said. The forecast would mean an 8.4% year-over-year increase from the $221.8 billion spent in 2023, which saw a more modest 4.9% growth.
Electronics, apparel and furniture/home goods will account for the bulk of the spending. The firm&#8217;s analytics show spending on Black Friday &#8211; the Friday that follows the Thanksgiving Thursday, and Thanksgiving day will grow 9.9% and 8.7%, respectively. Cyber Monday online spending is expected to be up a more modest 6.1%.
Adobe expects discounts to peak at 30% this season, and drive over $2 billion in incremental online spending for retailers. The firm also said consumers will likely trade up to more expensive goods this season as opposed to the trend seen in recent months. Expensive goods will likely make up 19% of the share of the total online spending. In electronics, the share will likely be a steeper 58%.
Mobile shopping could make up 53.2% of total online spending and spending through BNPL could see another record this time. BNPL sales are expected to rise 11.4% to $18.5 billion, over 75% of this driven by mobile purchases.
See Also: <a href="https://www.benzinga.com/money/best-retail-stocks">Best Retail Stocks</a>
Best Time To Buy: This time around, discounts would be more spread out, with deals starting in October itself, Adobe said, adding that goods could trade up to 16% off the listed price in October. The discount could go up to 18% in November before the Cyber Week.
Hot Sellers: Among the most sought-after items are:
<ul>
<li> Bluey Ultimate Lights</li>
<li> Sounds Playhouse​</li>
<li> Slime Kits</li>
<li>Sony Group Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNE#NYSE">SNE</a>) PlayStation 5</li>
<li>Madden NFL 25</li>
<li>Apple, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40971882/as-apples-iphone-16-goes-on-sale-analyst-says-demand-off-to-strong-start-keeping-cu">iPhone 16</a></li>
<li> ice cream maker Ninja Creami</li>
</ul>
Stock Implications: With most spending likely happening online, those retailers having a strong online presence could be the ones to benefit the most. Pureplay electronics retailers such as Best Buy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NASDAQ">BBY</a>), Apple and Sony, e-commerce giant Amazon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and retailers such as Walmart, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) and Costco Wholesale Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COST#NYSE">COST</a>) could also be preferred destination for buying consumer electronics goods. 
Madden NFL 25 is an American football video game developed by Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) Orlando and published by EA Sports. It could be bought on EA&#8217;s website, Amazon, or any other video game retailer.
BNPL stocks such as Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), and PayPal, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) could reap the benefit of rising interest in purchases via the BNPL route.
The Commerce Department&#8217;s <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40897882/retail-sales-rise-0-1-in-august-more-than-expected-boosting-odds-of-larger-fed-ra">retail sales report for August </a>released earlier this month showed an unexpected increase as weak auto &amp; auto parts sales were more than offset by strength in online sales, underlining the underlying strength. 
The SPDR S&amp;P Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XRT#NYSE">XRT</a>) ended Tuesday&#8217;s session up 0.80% at $77.13 but it has lost about 0.8% for the year even as the broader market hovers at a record high. The Fed rate cuts &#8211; the one announced and the two more anticipated before the year-end, and the seasonally strong holiday season could bring these stocks back to favor in the near term.
Read Next:
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<li><a href="https://www.benzinga.com/content/40984858/dont-miss-these-3-retail-stocks-for-fall-gains">Don&#8217;t Miss These 3 Retail Stocks for Fall Gains</a></li>
</ul>
Image Via Unsplash

Retail Sales

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AFRM

AMZN

PYPL

Top 10 Stock Picks For The Holiday Boom: Adobe Forecasts Unprecedented E-Commerce Sales This Season

Deep-pocketed investors have adopted a bullish approach towards Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in COST usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Costco Wholesale. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 33% leaning bullish and 33% bearish. Among these notable options, 6 are puts, totaling $238,687, and 12 are calls, amounting to $1,132,282.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $675.0 to $1200.0 for Costco Wholesale over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Costco Wholesale's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Costco Wholesale's whale trades within a strike price range from $675.0 to $1200.0 in the last 30 days. 
<h3>Costco Wholesale 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727187389_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$24.0</td>
<td>$23.6</td>
<td>$24.0</td>
<td>$910.00</td>
<td>$480.0K</td>
<td>47</td>
<td style="text-align: right;">201</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$251.2</td>
<td>$248.55</td>
<td>$251.2</td>
<td>$675.00</td>
<td>$175.8K</td>
<td>23</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$29.0</td>
<td>$28.65</td>
<td>$29.0</td>
<td>$900.00</td>
<td>$142.1K</td>
<td>1.0K</td>
<td style="text-align: right;">38</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$67.85</td>
<td>$66.5</td>
<td>$66.5</td>
<td>$850.00</td>
<td>$66.5K</td>
<td>241</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>COST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$102.8</td>
<td>$100.05</td>
<td>$101.32</td>
<td>$1000.00</td>
<td>$60.7K</td>
<td>28</td>
<td style="text-align: right;">6</td>
</tr>
</tbody>
</table>

<h3>About Costco Wholesale</h3>
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 enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
After a thorough review of the options trading surrounding Costco Wholesale, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Costco Wholesale's Current Market Status</h3>
<ul>
<li>With a volume of 271,797, the price of COST is down -1.12% at $906.8. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 2 days.</li>
</ul>
<h3>What The Experts Say On Costco Wholesale</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $919.6.
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&#x2A; An analyst from Telsey Advisory Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $925. 
&#x2A; An analyst from Truist Securities downgraded its action to Hold with a price target of $873. 
&#x2A; Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Outperform rating for Costco Wholesale, targeting a price of $925. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $925. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Costco Wholesale, maintaining a target price of $950. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Costco Wholesale options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Unpacking the Latest Options Trading Trends in Costco Wholesale

Truist Securities analyst Scot Ciccarelli downgrades Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) from Buy to Hold and maintains the price target from $873 to $873.

Downgrades

Price Target

Analyst Ratings

Truist Securities Downgrades Costco Wholesale to Hold, Maintains Price Target to $873

Ratings for Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) were provided by 28 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $920.14, a high estimate of $975.00, and a low estimate of $780.00. Surpassing the previous average price target of $886.88, the current average has increased by 3.75%.
<img src="https://www.benzinga.com/files/images/story/2024/1727114443_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Costco Wholesale is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Karen Short</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Hold</td>
<td>$950.00</td>
<td>-</td>
</tr>
<tr>
<td>Daniela Nedialkova</td>
<td>Redburn Atlantic</td>
<td>Raises</td>
<td>Neutral</td>
<td>$890.00</td>
<td>$860.00</td>
</tr>
<tr>
<td>Simeon Gutman</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$950.00</td>
<td>$855.00</td>
</tr>
<tr>
<td>Laura Champine</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$975.00</td>
<td>$970.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$925.00</td>
<td>$925.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$915.00</td>
<td>$910.00</td>
</tr>
<tr>
<td>Michael Baker</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$780.00</td>
<td>$780.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$925.00</td>
<td>$915.00</td>
</tr>
<tr>
<td>Rupesh Parikh</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$955.00</td>
<td>$925.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$925.00</td>
<td>$925.00</td>
</tr>
<tr>
<td>Kelly Bania</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$950.00</td>
<td>$875.00</td>
</tr>
<tr>
<td>Chuck Grom</td>
<td>Gordon Haskett</td>
<td>Announces</td>
<td>Buy</td>
<td>$925.00</td>
<td>-</td>
</tr>
<tr>
<td>Krisztina Katai</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$927.00</td>
<td>$925.00</td>
</tr>
<tr>
<td>Rupesh Parikh</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$925.00</td>
<td>$950.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$915.00</td>
<td>$920.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$925.00</td>
<td>$925.00</td>
</tr>
<tr>
<td>Oliver Chen</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$925.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>George Kelly</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$800.00</td>
<td>$775.00</td>
</tr>
<tr>
<td>Rupesh Parikh</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$950.00</td>
<td>$905.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$920.00</td>
<td>$890.00</td>
</tr>
<tr>
<td>Karen Short</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$830.00</td>
<td>$765.00</td>
</tr>
<tr>
<td>Laura Champine</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$970.00</td>
<td>$940.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$950.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Robert Ohmes</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$962.00</td>
<td>$874.00</td>
</tr>
<tr>
<td>Peter Benedict</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$975.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$925.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$900.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$900.00</td>
<td>$850.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>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.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Costco Wholesale compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Costco Wholesale's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Costco Wholesale's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/COST/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Costco Wholesale analyst ratings.</a>
<h2>Unveiling the Story Behind Costco Wholesale</h2>
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 enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
<h3>Financial Milestones: Costco Wholesale's Journey</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Costco Wholesale showcased positive performance, achieving a revenue growth rate of 9.07% as of 31 May, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Staples sector.
Net Margin: Costco Wholesale's net margin is impressive, surpassing industry averages. With a net margin of 2.87%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Costco Wholesale's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.9% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Costco Wholesale's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.5% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.43, Costco Wholesale adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Costco Wholesale: Insights From 28 Analyst Reviews

Melius Research analyst Karen Short initiates coverage on Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) with a Hold rating and announces Price Target of $950.

Initiation

Melius Research Initiates Coverage On Costco Wholesale with Hold Rating, Announces Price Target of $950

Jabil Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jbl#NYSE">JBL</a>) is set to release fourth-quarter fiscal 2024 results on Sept. 26, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 2.16%. It pulled off a trailing four-quarter earnings surprise of 3.10%, on average.
The leading global supplier of electronic manufacturing services is likely to witness a revenue contraction year over year in the fourth quarter of fiscal 2024. Soft demand trends in some end markets and macroeconomic challenges are likely to impede the top-line growth. Initiatives to improve profitability and free cash flow are positives.
<h2>Factors at Play</h2>
Jabil is placing a strong emphasis on integrating sophisticated AI and ML capabilities to enhance portfolio offerings and improve the efficiency of its internal process. Growing demand for AI infrastructure in data center space, along with AI proliferation in cloud, networking and industrial automation end markets are major tailwinds. Jabil&#39;s focus on end market and product diversification, coupled with its large-scale global operations, offers a high degree of resilience during times of macroeconomic and geopolitical disruption. Management&#39;s focus on operational efficiency and effective working capital management is boosting profitability and free cash flow.
However, demand softness in several key end markets, including 5G, renewable energy, digital print and healthcare is weighing on net sales. The company&#39;s automotive vertical is also experiencing headwinds as the Chinese automotive market grapples with overcapacity and high inventory levels. Moreover, the launch of new electric vehicle platforms has been postponed by several quarters. These factors are likely to have impeded revenues in the fourth quarter of fiscal 2024. The company&#39;s strategy to move away from less prospective markets by restructuring and reshaping its portfolio will impact top-line growth in the near term.
The Zacks Consensus Estimate for the DMS vertical is pegged at $3.384 billion, indicating a decline from $4.436 billion reported in the year-ago quarter. Revenues from the EMS vertical are pegged at $3.169 billion, implying a downtrend from $4.022 billion in the year-ago quarter.
For the August quarter, the Zacks Consensus Estimate for revenues is pegged at $6.573 billion, which indicates a decline from the year-ago quarter&#39;s tally of $8.458 billion. The consensus estimate for earnings is pegged at $2.23, suggesting a decrease from $2.45 reported in the prior-year quarter.
<h2>Earnings Whispers</h2>
Our proven model doesn&#39;t conclusively predict an earnings beat for Jabil this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here.
Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -0.22%.
<div class="chart_embed">
<h3>Jabil, Inc. Price and EPS Surprise</h3>
<img alt="Jabil, Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/8d/1726839570.png" style="height:294px; width:610px" title="" />
Jabil, Inc. price-eps-surprise | Jabil, Inc. Quote
Zacks Rank: Jabil currently has a Zacks Rank #4 (Sell).
</div>
<h2>Stocks to Consider</h2>
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
Accenture (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) is set to release its quarterly numbers on Sept. 26. It has an Earnings ESP of +0.37% and a Zacks Rank #2.
The Earnings ESP for Carnival (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>) stands at +2.99%. The company carries a Zacks Rank of 3. It is scheduled to report quarterly numbers on Sept. 30.
The Earnings ESP for Costco Wholesale (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cost#NASDAQ">COST</a>) stands at +0.62%, and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Sept. 26.
<a href="https://www.zacks.com/stock/news/2339327/will-revenue-contraction-affect-jabil-s-q4-earnings-results?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2339327">To read this article on Zacks.com click here.</a>

Large Cap

Offerings

Management

Will Revenue Contraction Affect Jabil's Q4 Earnings Results?

Financial giants have made a conspicuous bearish move on Costco Wholesale. Our analysis of options history for Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) revealed 20 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $300,550, and 12 were calls, valued at $465,691.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $585.0 and $930.0 for Costco Wholesale, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Costco Wholesale's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Costco Wholesale's whale activity within a strike price range from $585.0 to $930.0 in the last 30 days. 
<h3>Costco Wholesale Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726847158_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$98.2</td>
<td>$93.9</td>
<td>$95.3</td>
<td>$925.00</td>
<td>$95.3K</td>
<td style="text-align: right;">16</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$32.65</td>
<td>$30.35</td>
<td>$32.65</td>
<td>$870.00</td>
<td>$65.3K</td>
<td style="text-align: right;">470</td>
<td style="text-align: right;">77</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$323.2</td>
<td>$319.15</td>
<td>$323.2</td>
<td>$585.00</td>
<td>$64.6K</td>
<td style="text-align: right;">389</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$55.1</td>
<td>$53.75</td>
<td>$54.41</td>
<td>$860.00</td>
<td>$48.9K</td>
<td style="text-align: right;">548</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>COST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$45.3</td>
<td>$45.05</td>
<td>$45.3</td>
<td>$925.00</td>
<td>$36.2K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">8</td>
</tr>
</tbody>
</table>

<h3>About Costco Wholesale</h3>
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 enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Following our analysis of the options activities associated with Costco Wholesale, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Costco Wholesale</h3>
<ul>
<li>With a trading volume of 767,236, the price of COST is up by 0.25%, reaching $902.97.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 6 days from now.</li>
</ul>
<h3>What The Experts Say On Costco Wholesale</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $928.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Costco Wholesale, which currently sits at a price target of $915. 
&#x2A; An analyst from Telsey Advisory Group has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $925. 
&#x2A; Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Costco Wholesale with a target price of $925. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Costco Wholesale, maintaining a target price of $950. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Costco Wholesale with a target price of $925. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Decoding Costco Wholesale's Options Activity: What's the Big Picture?

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:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $256,830 and 8, calls, for a total amount of $588,031.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $800.0 to $1360.0 for Costco Wholesale over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Costco Wholesale's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Costco Wholesale's whale activity within a strike price range from $800.0 to $1360.0 in the last 30 days. 
<h3>Costco Wholesale Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726669037_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COST</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$467.0</td>
<td>$457.1</td>
<td>$462.3</td>
<td>$1360.00</td>
<td>$231.1K</td>
<td>0</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$99.35</td>
<td>$97.05</td>
<td>$99.18</td>
<td>$800.00</td>
<td>$198.4K</td>
<td>761</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$99.15</td>
<td>$93.55</td>
<td>$96.94</td>
<td>$800.00</td>
<td>$145.3K</td>
<td>761</td>
<td style="text-align: right;">36</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$2.46</td>
<td>$1.97</td>
<td>$2.23</td>
<td>$915.00</td>
<td>$66.0K</td>
<td>996</td>
<td style="text-align: right;">322</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$54.0</td>
<td>$52.25</td>
<td>$54.0</td>
<td>$900.00</td>
<td>$48.6K</td>
<td>1.4K</td>
<td style="text-align: right;">9</td>
</tr>
</tbody>
</table>

<h3>About Costco Wholesale</h3>
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 enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Having examined the options trading patterns of Costco Wholesale, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Costco Wholesale</h3>
<ul>
<li>With a trading volume of 91,308, the price of COST is up by 0.19%, reaching $899.0.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 8 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Costco Wholesale</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $902.0.
<ul>
<li>An analyst from Telsey Advisory Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $925. </li>
<li>Consistent in their evaluation, an analyst from DA Davidson keeps a Neutral rating on Costco Wholesale with a target price of $780. </li>
<li>An analyst from Telsey Advisory Group has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $925. </li>
<li>An analyst from Oppenheimer has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $955. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Costco Wholesale, targeting a price of $925. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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Costco Wholesale Corporation Reports March Sales Results and Announces an Increase in Its Quarterly Cash Dividend

Costco Wholesale Corporation Reports April Sales Results

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Costco Wholesale Corporation Reports May Sales Results

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