Costco Wholesale Corporation (NASDAQ:COST) most recently reported quarterly actual earnings per share of $1.24 for the period ending on 2016-05-31. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $N/A. The difference between the estimate and the actual EPS was $N/A creating a surprise factor of N/A%. Currently, the company has an impact score of 73. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.262. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $169.75 on the shares. The most bullish brokerage firm has a $195 target, while the most bearish sees the stock headed towards $135. This is according to the 12 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.77. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 12 recommendations taking into account in order to arrive at this number. Of the 12, 8 have a Strong Buy rating and 2 are rating it a Buy.
Costco Wholesale Corporation (Costco) with its subsidiaries is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, and through majority owned subsidiaries in Taiwan and Korea. Costco buys the majority of its merchandise directly from manufacturers and route it to a cross-docking consolidation point (depot) or directly to its warehouses. The Company’s depots receive container-based shipments from manufacturers and reallocate these goods for shipment to its individual warehouses, generally in less than 24hours. Costco’s typical warehouse format averages approximately 143,000 square feet. The Company’s warehouses generally operate on a seven-day, 69-hour week. The Company carries an average of approximately 3,300 to 3,800 active stock keeping units (SKUs) per warehouse in its core warehouse business. Many consumable products are offered for sale in case, carton, or multiple-pack quantities only.
Costco Wholesale Corporation - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.