Costco Wholesale CorpCOST
± MixedCapitalrelevance
Q4 revenue rose 11% and EPS climbed 15%, but analysts split on valuation with targets ranging from $781 to $1,100.
Impact on assets 1
Consumer Staples
Costco Wholesale CorpCostco's fiscal fourth-quarter revenue rose 11% to $95.72 billion and earnings per share climbed 15% to $6.75, but the results left Wall Street divided on how much that growth is worth. Evercore ISI analyst Greg Melich kept a Buy rating and $1,100 price target, citing improving membership renewal rates and expecting traffic growth to stay above 3%. Guggenheim analyst John Heinbockel maintained a Hold rating, calling Costco's international warehouse expansion "sub-par" over the past two years. Roth MKM analyst Bill Kirk stuck with a Sell rating and $781 target, warning that traffic is slowing while membership growth has slipped to 3.8%, leaving a $319 gap between the highest and lowest targets. TipRanks shows 19 Buys, six Holds and one Sell, with an average target of $1,088.
Costco Wholesale CorpQ4 revenue rose 11% and EPS climbed 15%, but analysts split on valuation with targets ranging from $781 to $1,100.