Costco Wholesale (NASDAQ:COST)‘s stock had its “buy” rating reaffirmed by Oppenheimer in a report released on Friday.

A number of other equities research analysts also recently weighed in on the stock. Deutsche Bank restated a “hold” rating and issued a $172.00 price target on shares of Costco Wholesale in a research note on Tuesday, September 5th. Citigroup raised their price target on shares of Costco Wholesale from $155.00 to $187.00 and gave the company a “hold” rating in a research note on Friday, October 6th. Morgan Stanley downgraded shares of Costco Wholesale from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $190.00 to $165.00 in a research note on Friday, October 6th. Zacks Investment Research downgraded shares of Costco Wholesale from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Finally, Cowen restated an “outperform” rating and issued a $182.00 price target (up from $180.00) on shares of Costco Wholesale in a research note on Tuesday, August 29th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and seventeen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $184.20.

Costco Wholesale (NASDAQ:COST) opened at $192.73 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.59. Costco Wholesale has a 1-year low of $150.00 and a 1-year high of $195.35. The company has a market cap of $81,511.67, a PE ratio of 31.04, a price-to-earnings-growth ratio of 3.02 and a beta of 0.98.

Costco Wholesale (NASDAQ:COST) last released its earnings results on Thursday, December 14th. The retailer reported $1.36 EPS for the quarter, beating the consensus estimate of $1.35 by $0.01. Costco Wholesale had a net margin of 2.09% and a return on equity of 23.41%. The firm had revenue of $31.81 billion for the quarter, compared to analyst estimates of $31.01 billion. During the same period last year, the firm earned $1.24 EPS. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. equities research analysts predict that Costco Wholesale will post 6.48 earnings per share for the current year.

In related news, VP Richard A. Galanti sold 5,000 shares of Costco Wholesale stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $160.58, for a total transaction of $802,900.00. Following the sale, the vice president now directly owns 41,396 shares in the company, valued at approximately $6,647,369.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John W. Meisenbach sold 3,000 shares of Costco Wholesale stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $183.26, for a total transaction of $549,780.00. Following the sale, the director now owns 8,654 shares in the company, valued at $1,585,932.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,842 shares of company stock worth $5,520,848. 0.74% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Almanack Investment Partners LLC. acquired a new position in shares of Costco Wholesale in the 2nd quarter worth approximately $101,000. Wealthcare Advisory Partners LLC acquired a new position in shares of Costco Wholesale in the 3rd quarter worth approximately $102,000. Jacobus Wealth Management Inc. acquired a new position in shares of Costco Wholesale in the 3rd quarter worth approximately $103,000. Northwest Investment Counselors LLC acquired a new position in shares of Costco Wholesale in the 2nd quarter worth approximately $107,000. Finally, Shamrock Asset Management LLC lifted its position in shares of Costco Wholesale by 171.3% in the 3rd quarter. Shamrock Asset Management LLC now owns 662 shares of the retailer’s stock worth $109,000 after purchasing an additional 418 shares during the period. Hedge funds and other institutional investors own 71.49% of the company’s stock.

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About Costco Wholesale

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world.

Analyst Recommendations for Costco Wholesale (NASDAQ:COST)

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