Costco Wholesale (NASDAQ:COST) Price Target Cut to $1,065.00 by Analysts at Mizuho

Costco Wholesale (NASDAQ:COST) had its price target dropped by stock analysts at Mizuho from $1,100.00 to $1,065.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the retailer’s stock. Mizuho’s target price would suggest a potential upside of 18.80% from the company’s current price.

A number of other research analysts have also weighed in on COST. Royal Bank Of Canada restated a “sector perform” rating on shares of Costco Wholesale in a research report on Tuesday, September 15th. Oppenheimer reiterated an “outperform” rating and issued a $1,160.00 target price on shares of Costco Wholesale in a research report on Wednesday, September 16th. Weiss Ratings lowered Costco Wholesale from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, September 2nd. Bank of America dropped their price target on Costco Wholesale from $1,200.00 to $1,095.00 and set a “buy” rating for the company in a research note on Wednesday, September 16th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Costco Wholesale in a report on Friday. Twenty-three investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Costco Wholesale presently has an average rating of “Moderate Buy” and a consensus price target of $1,051.48.

Costco Wholesale Price Performance

COST stock opened at $896.48 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The company’s fifty day moving average price is $934.32 and its 200-day moving average price is $968.18. Costco Wholesale has a one year low of $844.06 and a one year high of $1,096.50. The company has a market capitalization of $397.57 billion, a PE ratio of 45.09, a price-to-earnings-growth ratio of 3.78 and a beta of 0.86.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.21. The company had revenue of $95.72 billion during the quarter, compared to analysts’ expectations of $94.97 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. On average, equities analysts anticipate that Costco Wholesale will post 20.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. C M Bidwell & Associates Ltd. bought a new position in shares of Costco Wholesale during the 2nd quarter valued at approximately $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Costco Wholesale during the fourth quarter worth $27,000. Burk Holdings LLC bought a new position in Costco Wholesale during the second quarter valued at $30,000. Manning & Napier Advisors LLC bought a new position in Costco Wholesale during the second quarter valued at $30,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of Costco Wholesale in the fourth quarter valued at $28,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Costco exceeded Wall Street expectations, reporting $6.75 in diluted EPS versus the $6.54 consensus and $95.72 billion in revenue versus the $94.97 billion estimate. Net income rose to nearly $3.0 billion from $2.61 billion a year earlier. Costco earnings beat expectations
• Positive Sentiment: Underlying retail momentum remained solid: fourth-quarter comparable sales increased 9.4%, while digitally enabled comparable sales jumped 19.5%, supported by strength across several merchandise categories. Costco digitally enabled sales growth
• Positive Sentiment: UBS reiterated its Buy rating and $1,275 price target, arguing that strong execution and resilient demand for essentials offset concerns about membership growth. BTIG also reaffirmed its Buy rating with a $1,125 target. UBS reiterates Buy rating
• Neutral Sentiment: Costco’s fourth-quarter EPS included a roughly $0.15-per-share benefit from IEEPA tariff refunds. Although management partially reinvested the benefit into member value, investors may discount the earnings beat because this boost was nonrecurring. Costco fiscal fourth-quarter results
• Negative Sentiment: Membership growth is becoming a key concern because membership fees account for a substantial portion of operating income, while the benefit from Costco’s prior fee increase is beginning to fade. Citi maintained a Hold rating and a $1,020 target, citing a balanced risk-reward profile. Citi maintains Hold rating
• Negative Sentiment: Analysts remain concerned that COST’s elevated valuation leaves little room for disappointment. A separate analysis reiterated a Sell view, suggesting that strong fundamentals are already reflected in the share price. Costco valuation analysis

About Costco Wholesale

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.