Analyst Ratings for Costco Wholesale Corp. (COST)

Updated: 2017-07-28

Costco Wholesale Corp. (NASDAQ:COST) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for COST last month.

Of the 30 analysts covering the stock, 15 gave it a buy rating, 4 issued an overweight rating, 11 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for COST. The most optimistic price target was 205, implying potential capital gains of 34.41 percent. The lowest price target was 152, which equates to a potential downside of -0.34 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.25 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.5 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.17 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.77 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of COST to grow at a rate of -0.41 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of COST is -64.46.

COST has a 52-week high of 183.18 and a 52-week low of 142.11. The current market price is above the trailing year's low by 7.33 percent, and 16.74 percent lower than its 52-week high. COST has a price/earnings ratio of 26.43. Investors typically compare the P/E ratio to a company's peers in the industry. The COST value stock report compares COST to some of its peers using value stock charts. The market cap of COST is $66.71 billion. COST's next earnings release will be on 0000-00-00, which is days away.