Costco Wholesale Stock Target Price and Analyst Consensus

COST Stock  USD 731.54  5.91  0.81%   
The prevalent analyst and expert consensus on Costco Wholesale is Strong Buy with 17 strong buy estimates. The prevailing projected target price is 595.25 with 36 professional opinions. Some of the most common ways Costco Wholesale Corp analysts use to provide public buy-or-sell recommendation are financial statements evaluation and conference calls analysis. They also talk to Costco Wholesale executives, vendors, and customers. Costco Wholesale buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Costco Wholesale Corp target price to derive its highest and lowest estimates based on target price volatility of 0.0. Check out Macroaxis Advice on Costco Wholesale to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
541.68
Highest Forecast
660.73
Target Price
595.25
At this time, Costco Wholesale's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.03 in 2024, whereas Operating Profit Margin is likely to drop 0.02 in 2024. At this time, Costco Wholesale's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 4.5 B in 2024, whereas Other Current Assets are likely to drop slightly above 1.2 B in 2024.
  
It's important to approach Costco Wholesale's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Costco Wholesale Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Costco target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Costco Wholesale's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   36  Strong Buy
Most Costco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Costco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Costco Wholesale Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Costco Wholesale Target Price Projection

Costco Wholesale's current and average target prices are 731.54 and 595.25, respectively. The current price of Costco Wholesale is the price at which Costco Wholesale Corp is currently trading. On the other hand, Costco Wholesale's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Costco Wholesale Market Quote on 19th of March 2024

Low Price726.02Odds
High Price733.34Odds

731.54

Target Price

Analyst Consensus On Costco Wholesale Target Price

Low Estimate541.68Odds
High Estimate660.73Odds

595.25

Historical Lowest Forecast  541.68 Target Price  595.25 Highest Forecast  660.73
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Costco Wholesale Corp and the information provided on this page.

Costco Wholesale Analyst Ratings

Costco Wholesale's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Costco Wholesale stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Costco Wholesale's financials, market performance, and future outlook by experienced professionals. Costco Wholesale's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Costco Wholesale price targets

Costco Wholesale's stock target price is an estimate of its future price, usually made by analysts. Using Costco Wholesale's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Costco Wholesale's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Costco Wholesale's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Costco Wholesale Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Costco Wholesale is a key component of Costco Wholesale valuation and have some predictive power on the future returns of a Costco Wholesale.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Costco Wholesale's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Costco Wholesale in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
730.02731.41732.80
Details
Intrinsic
Valuation
LowRealHigh
704.77706.16804.69
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.313.653.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Costco Wholesale. Your research has to be compared to or analyzed against Costco Wholesale's peers to derive any actionable benefits. When done correctly, Costco Wholesale's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Costco Wholesale Corp.

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When determining whether Costco Wholesale Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Costco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costco Wholesale Corp Stock. Highlighted below are key reports to facilitate an investment decision about Costco Wholesale Corp Stock:
Check out Macroaxis Advice on Costco Wholesale to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Costco Wholesale's price analysis, check to measure Costco Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.
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The data published in Costco Wholesale's official financial statements usually reflect Costco Wholesale's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Costco Wholesale Corp. For example, before you start analyzing numbers published by Costco accountants, it's critical to develop an understanding of what Costco Wholesale's liquidity, profitability, and earnings quality are in the context of the Consumer Staples Distribution & Retail space in which it operates.
Please note, the presentation of Costco Wholesale's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Costco Wholesale's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Costco Wholesale's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Costco Wholesale Corp. Please utilize our Beneish M Score to check the likelihood of Costco Wholesale's management manipulating its earnings.