Costco Wholesale Corporation Rating Analysis
The wholesale corporation traded on Wednesday and made it to the gainers of the day by making a gain of 0.91% at a share price of $142.43.
On the trade session that took place on Wednesday, September 16, 2015, the shares of Costco Wholesale Corporation witnessed quite a lot of fluctuation. The corporation was able to make a gain of 0.91% with the last trade being called at $142.43.
This trade saw the share price reach a high peak of $142.96 and began at $141.32. By the end of the session, it had gained 1.28 points. The volume of shares jumped to 1.3 million. The wholesale corporation’s market capital at present is $63.11 billion.
Earnings per share of 5.21 were reported by the warehouse club along with price to earnings ratio 27.50. The firm reported the highest share price of the year on February 4, 2015 which was $156.85. From its highest one year share price of $156.85, the stock of the warehouse firm has rallied by 11.64%. The 52-week low of the share price was registered on August 24, 2015 which was reported to be $117.03. During the last trading session, the stock of the Costco Corporation traded negatively. A loss of -0.47 (or -0.33%) points was seen.
Stock analysts from major brokerage firms have shared their views on the stock of the wholesale corporation. One major brokerage firm, Oppenheimer has commented on the shares of the company and provided its rating. Formerly, the analysts of the brokerage company had given the shares of Costco a rating of Perform while now they have upgraded their rating to an Outperform. The agency issued these rating for Costco on July 10, 2015.
Along with Oppenheimer, 21 other brokerage firms have given a ranking and rating to the shares as well. The stock analysts at Zacks have given a rank of 3 to Costco. In the short period, they have recommended a rating of Hold for the stock. Out of the 21 stock experts, 8 have put the shares in a Hold rating while 12 have recommended a rating of Strong Buy and 1 expert has given a rating of Buy.
The Executive Vice President of Costco Corporation unloaded 1,415 shares according to the information provided by the wholesale firm to the Securities and Exchange Commission. According to the data that was provided, the exe VP made a transaction worth $205,996 with a share price of $145.58 per share. This transaction was done on July 30, 2015 and was revealed to the SEC on a form 4 filing.
A dividend was paid to the investors of the firm on Friday August 28, 2015 as announced by the firm. The dividend given to the stockholders were $0.40. Vetr commented on Costco and suggested a rating of ‘Buy’ with a target price of $143.00 on a report that they submitted on August 24, 2015.
