Costco Wholesale Corporation (NASDAQ: COST) recently received a number of ratings updates from brokerages and research firms:

  • 8/3/2017 – Costco Wholesale Corporation was given a new $173.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 8/3/2017 – Costco Wholesale Corporation had its “hold” rating reaffirmed by analysts at Wells Fargo & Company.
  • 8/2/2017 – Costco Wholesale Corporation was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/31/2017 – Costco Wholesale Corporation was given a new $172.00 price target on by analysts at Deutsche Bank AG. They now have a “hold” rating on the stock.
  • 7/27/2017 – Costco Wholesale Corporation was given a new $200.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 7/24/2017 – Costco Wholesale Corporation was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $168.75 price target on the stock.
  • 7/24/2017 – Costco Wholesale Corporation had its “outperform” rating reaffirmed by analysts at Cowen and Company.
  • 7/22/2017 – Costco Wholesale Corporation was given a new $180.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 7/12/2017 – Costco Wholesale Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/11/2017 – Costco Wholesale Corporation was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $168.75 price target on the stock.
  • 7/10/2017 – Costco Wholesale Corporation was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $160.00 price target on the stock, down previously from $185.00.
  • 7/7/2017 – Costco Wholesale Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus.
  • 7/6/2017 – Costco Wholesale Corporation had its “neutral” rating reaffirmed by analysts at Guggenheim.
  • 7/6/2017 – Costco Wholesale Corporation had its “hold” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 7/6/2017 – Costco Wholesale Corporation had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 7/6/2017 – Costco Wholesale Corporation had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $185.00 price target on the stock.
  • 6/29/2017 – Costco Wholesale Corporation was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $165.58 price target on the stock.
  • 6/28/2017 – Costco Wholesale Corporation had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $172.00 price target on the stock.
  • 6/28/2017 – Costco Wholesale Corporation had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $200.00 price target on the stock.
  • 6/28/2017 – Costco Wholesale Corporation was given a new $185.00 price target on by analysts at BMO Capital Markets. They now have an “outperform” rating on the stock.
  • 6/26/2017 – Costco Wholesale Corporation was upgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “outperform” rating. They now have a $173.00 price target on the stock.
  • 6/26/2017 – Costco Wholesale Corporation was upgraded by analysts at UBS AG from a “market perform” rating to an “outperform” rating.
  • 6/23/2017 – Costco Wholesale Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $173.00 price target on the stock, down previously from $191.00.
  • 6/20/2017 – Costco Wholesale Corporation was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/20/2017 – Costco Wholesale Corporation was upgraded by analysts at Northcoast Research from a “neutral” rating to a “buy” rating. They now have a $190.00 price target on the stock.
  • 6/19/2017 – Costco Wholesale Corporation was downgraded by analysts at Vetr from a “buy” rating to a “sell” rating. They now have a $158.38 price target on the stock.
  • 6/19/2017 – Costco Wholesale Corporation had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $190.00 price target on the stock.
  • 6/19/2017 – Costco Wholesale Corporation was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $167.11 price target on the stock, up previously from $142.11.
  • 6/19/2017 – Costco Wholesale Corporation had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 6/16/2017 – Costco Wholesale Corporation had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $195.00 price target on the stock.
  • 6/16/2017 – Costco Wholesale Corporation was downgraded by analysts at Goldman Sachs Group, Inc. (The) from a “conviction-buy” rating to a “neutral” rating. They now have a $176.00 price target on the stock, down previously from $197.00.

Shares of Costco Wholesale Corporation (COST) traded down 0.14% on Thursday, reaching $156.64. 2,764,276 shares of the company’s stock were exchanged. The company has a market capitalization of $68.70 billion, a P/E ratio of 27.19 and a beta of 0.93. Costco Wholesale Corporation has a 1-year low of $142.11 and a 1-year high of $183.18. The stock’s 50-day moving average price is $155.74 and its 200-day moving average price is $167.69.

Costco Wholesale Corporation (NASDAQ:COST) last posted its earnings results on Thursday, May 25th. The retailer reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.09. The firm had revenue of $28.86 billion during the quarter, compared to analyst estimates of $28.57 billion. Costco Wholesale Corporation had a net margin of 2.06% and a return on equity of 20.45%. Costco Wholesale Corporation’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.24 EPS. Analysts anticipate that Costco Wholesale Corporation will post $5.77 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.28%. This is a positive change from Costco Wholesale Corporation’s previous quarterly dividend of $0.45. The ex-dividend date is Wednesday, August 16th. Costco Wholesale Corporation’s payout ratio is presently 34.66%.

In other Costco Wholesale Corporation news, insider John D. Mckay sold 3,000 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $181.60, for a total transaction of $544,800.00. Following the completion of the transaction, the insider now directly owns 62,607 shares of the company’s stock, valued at approximately $11,369,431.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John W. Meisenbach sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $159.25, for a total transaction of $159,250.00. Following the transaction, the director now directly owns 4,974 shares of the company’s stock, valued at $792,109.50. The disclosure for this sale can be found here. Insiders have sold a total of 15,000 shares of company stock valued at $2,677,430 over the last three months. 0.74% of the stock is currently owned by company insiders.

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.

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