Roth Mkm Boosts Costco Wholesale (NASDAQ:COST) Price Target to $781.00

Costco Wholesale (NASDAQ:COST) had its price objective upped by equities researchers at Roth Mkm from $769.00 to $781.00 in a research note issued to investors on Friday,MarketScreener reports. The firm currently has a “sell” rating on the retailer’s stock. Roth Mkm’s price target points to a potential downside of 18.26% from the company’s current price.

Several other research firms have also recently issued reports on COST. Wells Fargo & Company increased their price target on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. BTIG Research restated a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a research note on Friday. Robert W. Baird set a $1,100.00 price objective on shares of Costco Wholesale in a report on Thursday, February 5th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,192.00 target price on shares of Costco Wholesale in a research report on Tuesday, May 12th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $1,050.00 target price on shares of Costco Wholesale in a research note on Thursday, March 5th. Twenty-one analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,055.79.

Costco Wholesale Stock Performance

Shares of COST traded down $39.76 during mid-day trading on Friday, reaching $955.44. 1,356,024 shares of the company’s stock traded hands, compared to its average volume of 2,104,118. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06. The business’s 50-day moving average price is $1,008.28 and its 200-day moving average price is $962.53. The stock has a market capitalization of $423.88 billion, a P/E ratio of 49.77, a price-to-earnings-growth ratio of 4.94 and a beta of 0.92. Costco Wholesale has a 12 month low of $844.06 and a 12 month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.98 by ($0.05). Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The business had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $69.68 billion. During the same period last year, the company earned $4.28 earnings per share. Equities analysts predict that Costco Wholesale will post 20.33 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Claudine Adamo sold 730 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the sale, the executive vice president directly owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in COST. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Costco Wholesale in the fourth quarter valued at $27,000. Lifetime Wealth Management P.C. purchased a new position in shares of Costco Wholesale during the fourth quarter valued at $28,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Costco Wholesale during the fourth quarter valued at $28,000. Hurley Capital LLC raised its position in Costco Wholesale by 120.0% during the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after buying an additional 18 shares during the period. Finally, Entrust Financial LLC acquired a new position in Costco Wholesale during the fourth quarter valued at $31,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco reported stronger-than-expected sales, with revenue of $70.53 billion versus estimates of $69.68 billion, and U.S. same-store sales rising 9.8%, showing that value-focused shoppers are still spending. Reuters article
• Positive Sentiment: Fuel demand was a standout driver, with Costco’s gas stations setting record volumes as drivers chased lower prices, adding an extra boost to traffic and sales. MarketWatch article
• Positive Sentiment: Digital demand and membership strength continue to support the long-term thesis, with multiple articles highlighting surging e-commerce activity and resilient member-driven growth. TipRanks article
• Positive Sentiment: Analysts remained bullish after the report, with BTIG and Morgan Stanley reaffirming positive ratings and raising price targets to $1,125 and $1,130, respectively. TipRanks article
• Neutral Sentiment: EPS came in at $4.93, slightly below the $4.98 consensus, so margin pressure remains a concern even as top-line momentum stays strong. MarketBeat earnings report
• Negative Sentiment: Gross margin and transportation costs are still pressuring profitability, which is why some commentary described the quarter as “mixed” despite the sales beat. Motley Fool article

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.