Costco Wholesale Corporation (COST)
| Market Cap | 292.90B |
| Revenue (ttm) | 245.65B |
| Net Income (ttm) | 6.52B |
| Shares Out | 443.73M |
| EPS (ttm) | 14.67 |
| PE Ratio | 45.00 |
| Forward PE | 41.35 |
| Dividend | $3.06 (0.46%) |
| Ex-Dividend Date | Dec 27, 2023 |
| Volume | 1,947,516 |
| Open | 661.00 |
| Previous Close | 663.10 |
| Day's Range | 657.16 - 663.19 |
| 52-Week Range | 447.90 - 681.91 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 627.20 (-4.98%) |
| Earnings Date | Feb 29, 2024 |
About COST
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories. It offers merchandise, such as sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids, hardware, garden and patio... [Read more]
Financial Performance
In 2023, COST's revenue was $242.29 billion, an increase of 6.76% compared to the previous year's $226.95 billion. Earnings were $6.29 billion, an increase of 7.67%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for COST stock is "Buy." The 12-month stock price forecast is $627.2, which is a decrease of -4.98% from the latest price.
News
Costco, Lululemon stand out as S&P 500 nears 52-week high
The S&P 500 (^GSPC) is approaching an all-time high as December's Santa Claus rally saunters on, with several stocks hitting 52-week highs. Notable among these are Costco (COST), Chipotle (CMG), and L...
Top Wall Street analysts like these stocks into the new year for their growth potential
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Uber and Costco.
Costco bonds attracting bullish activity
Costco Wholesale Corp. bonds have been seeing bullish activity recently, according to information from the market-data company BondCliQ.
Costco CEO: Selling all sorts of crazy things seems to work for us
Craig Jelinek, outgoing Costco CEO, joins 'Squawk on the Street' to discuss the company's ability to retain its talent, how it can keep low prices without losing margins, and more.
Costco price target raised to $700 from $680 at T.D. Cowen
T.D. Cowen has raised its Costco Wholesale Corp. COST, +4.45% price target to $700 from $680, citing growth in the company's Kirkland Signature brand. “We believe unit gains can offset lower inflation...
It's a special time to buy into Costco
The Q1 results, cash flow, balance sheet and the special dividend it allows suggest higher, much higher. While it is the premium stock in retail and membership clubs, it is also the premium producer o...
Costco sold $100 million worth of gold bars in its first quarter
Costco is once again selling gold bars to members. The one-ounce bars typically sell out within a few hours, according to Costco CFO Richard Galanti.
Costco sold $100 million in gold bars last quarter
Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.
Midday Movers: Solar Stocks Surge After Analyst Comments, Costco Climbs on Earnings Beat
U.S. equities were slightly higher at midday as tech and solar stocks surged following indications from the Fed that it will cut interest rates next year. The Dow, S&P 500, and Nasdaq were all in the ...
Costco Stock Hit a Record High After Reporting Earnings—Here's Why
Costco (COST) shares climbed over 4% to a record high in intraday trading Friday after reporting fiscal first-quarter results that beat analysts' expectations, as consumers flocked to Costco's groceri...
Costco sold $100 million in one-ounce gold bars in Q3
(Kitco News) - A new type of gold fever has hit the retail market as Costco can't keep enough of the precious metal on its digital shelves.
Costco 1stquarter 2024 Ends With Excellent Results – Declares Special Dividend
Costco 1st quarter of 2024 ended with comparable store sales increase of 3.8% or adjusted sales increase of 3.9% in the period. Total sales increased 6.1% or $56.72 billion compared with $53.44 billio...
Costco sold more than $100 million in gold bars last quarter
The 1-ounce bars typically sellout within a few hours after they are loaded onto Costco's website. Customers are limited to two bars per Costco membership.
Costco sells $100m in gold bars in most recent quarter
Retailer began selling bars of 24-karat gold online in September, with each release selling out ‘within a few hours'
Costco is well positioned for 2024, boosted by gold bars and traffic growth, analysts say
Retail giant Costco Wholesale Corp. is riding a wave of strong traffic and membership growth that position the company well for 2024, say analysts.
Costco Stock Gets Price Target Upgrades. What Wall Street Loved About Its Earnings.
Costco shares were rising early on Friday. Wall Street analysts were upbeat about its latest earnings with its membership growth and renewal rates getting particular attention ahead of an expected fee...
Costco Gives Stockholders A Holiday Present With Special Cash Dividend
These are happy days if you are a Costco shareholder. Not only are stocks up just over 40% in the year to date as the warehouse membership retailer continues to see sales soar, but Santa Costco is pop...
Costco Says Its Bargains Continues to Lure Consumers to Shop
When it comes to consumers and their buying habits, Costco said its deals are drawing bargain-hunting customers to its aisles. “We're looking at the consumer through somewhat rose-colored glasses,” s...
Costco plans to open 31 locations this year, including roughly 24 in the US
Costco says it will open roughly 24 new locations in the US and seven international warehouses. Revenue from membership fees grew faster than sales for the quarter after a crackdown on membership shar...
Costco Q1 earnings: ‘strap yourself to the mast'
Costco Wholesale Corporation (NASDAQ: COST) is trending up in extended hours after reporting solid results for its first financial quarter. Costco authorises a special dividend Investors are cheering ...
Costco's quarterly sales rise 6% to top $57 billion
Costco Wholesale Corp. shares edged higher in the extended session Thursday after the retail giant reported fiscal first-quarter earnings and revenue that were in line with expectations.
Costco Beats on Earnings and Declares Special Dividend
Investors will get a cash dividend of $15 per common share, the company said Thursday.
Costco tops quarterly sales estimates on steady grocery demand
Costco Wholesale surpassed market expectations for quarterly sales on Thursday, as more customers turning to its stores for cheaper groceries and essentials offset slowing demand for discretionary ite...
Costco Wholesale Corporation Reports First Quarter Fiscal Year 2024 Operating Results And Announces A Special Cash Dividend Of $15 Per Share
ISSAQUAH, Wash., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter (twelve weeks) of...
The most upgraded retail stocks that should be on your radar
Retailers have certainly had a tough time in 2023, but not all experience the same headwinds. While names like Target struggle to gain traction, others outperform their estimates and grow.