Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,100.00

Costco Wholesale (NASDAQ:COST) had its price objective lifted by equities researchers at Gordon Haskett from $1,000.00 to $1,100.00 in a report issued on Tuesday,MarketScreener reports. Gordon Haskett’s price objective would suggest a potential upside of 12.27% from the stock’s current price.

Several other brokerages have also weighed in on COST. Daiwa Capital Markets cut their target price on Costco Wholesale from $947.00 to $917.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 16th. Northcoast Research set a $1,100.00 price objective on shares of Costco Wholesale and gave the stock a “buy” rating in a report on Wednesday, December 24th. DA Davidson reissued a “neutral” rating and set a $1,000.00 price target on shares of Costco Wholesale in a research report on Thursday, December 4th. Roth Mkm set a $769.00 price objective on Costco Wholesale and gave the company a “sell” rating in a research note on Monday, December 15th. Finally, Hovde Group started coverage on shares of Costco Wholesale in a report on Tuesday, November 18th. They set a “market perform” rating and a $16.00 target price on the stock. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $998.50.

Costco Wholesale Price Performance

Shares of COST traded up $11.38 during trading hours on Tuesday, reaching $979.74. 630,227 shares of the company traded hands, compared to its average volume of 2,652,837. The stock has a market capitalization of $434.88 billion, a PE ratio of 52.48, a price-to-earnings-growth ratio of 5.62 and a beta of 1.01. Costco Wholesale has a fifty-two week low of $844.06 and a fifty-two week high of $1,078.23. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $908.15 and a 200 day simple moving average of $929.27.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The business had revenue of $67.31 billion during the quarter, compared to analyst estimates of $67.03 billion. During the same quarter in the previous year, the business posted $4.04 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. As a group, research analysts predict that Costco Wholesale will post 18.03 EPS for the current fiscal year.

Insider Buying and Selling at Costco Wholesale

In related news, EVP William Richard Wilcox sold 2,400 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $930.13, for a total transaction of $2,232,312.00. Following the sale, the executive vice president owned 2,000 shares of the company’s stock, valued at $1,860,260. The trade was a 54.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Javier Polit sold 2,049 shares of the stock in a transaction on Monday, December 29th. The shares were sold at an average price of $867.21, for a total value of $1,776,913.29. Following the transaction, the executive vice president directly owned 10,748 shares of the company’s stock, valued at approximately $9,320,773.08. The trade was a 16.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 9,315 shares of company stock valued at $8,549,409. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Costco Wholesale

Hedge funds and other institutional investors have recently bought and sold shares of the business. Soundwatch Capital LLC boosted its holdings in Costco Wholesale by 635.7% during the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after buying an additional 2,206 shares in the last quarter. LFA Lugano Financial Advisors SA acquired a new stake in shares of Costco Wholesale during the 2nd quarter valued at $31,000. Hurley Capital LLC boosted its stake in shares of Costco Wholesale by 120.0% during the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after acquiring an additional 18 shares in the last quarter. Joseph Group Capital Management acquired a new position in shares of Costco Wholesale in the 4th quarter worth $33,000. Finally, Abich Financial Wealth Management LLC purchased a new position in Costco Wholesale in the 3rd quarter worth about $34,000. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale News Summary

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Very high membership renewal rates (92.3% U.S./Canada, 89.8% worldwide) underline Costco’s recurring-revenue model and pricing power — a primary driver of margins and the company’s ~$14B profit engine. Nine Out of Ten Costco Members Renew: Inside the Metric That Powers a $14B Profit Engine
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $1,100 price target, signaling analyst conviction and potential upside relative to the current trading level. Telsey Advisory Group price target report
• Positive Sentiment: Operational tweaks to speed up shopping and checkout should improve customer experience and throughput, supporting sales per member over time. Costco just made shopping faster and easier for members
• Neutral Sentiment: Jim Cramer said Costco has “been a good bounce,” reflecting positive market momentum but not new fundamentals. This can support short-term flows but is not a major catalyst by itself. Costco: “Been a Good Bounce,” Says Jim Cramer
• Neutral Sentiment: New store construction in New Braunfels (~$37M) points to continued geographic expansion and member growth, a steady long-term positive but modest in near-term EPS impact. $37M Costco construction soars in New Braunfels ahead of April opening
• Neutral Sentiment: Short-interest data reported for Feb. 2 appears inconsistent/erroneous (0 shares / NaN changes), so there’s no clear short-squeeze signal from that release. (Data anomaly — no link.)
• Negative Sentiment: Costco recalled mini beignets in multiple states due to packaging mislabeling and allergy risk — a reputational and operational headache for the foodservice side; likely small sales impact but negative PR. Costco recalls mini beignets after packaging mix-up
• Negative Sentiment: InvestorPlace published a downgrade of Costco in a roundup of blue-chip updates — downgrades can temper near-term sentiment even if fundamentals remain solid. FedEx Upgraded, Costco Downgraded: Updated Rankings on Top Blue-Chip Stocks

About Costco Wholesale

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.