News headlines about Costco Wholesale (NASDAQ:COST) have trended positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Costco Wholesale earned a media sentiment score of 0.32 on Accern’s scale. Accern also gave media stories about the retailer an impact score of 45.9837520265473 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- Costco Earnings: 3 Numbers to Watch – Motley Fool (fool.com)
- Costco Could Disappoint on Margins in 1Q18 (finance.yahoo.com)
- Costco: Analysts’ Recommendations and Target Price (finance.yahoo.com)
- Here’s how you get can a membership for Costco, FREE food and vouchers for £30 – Liverpool Echo (liverpoolecho.co.uk)
- Moves Back And Forth on Declarations: Costco Wholesale Corporation (NASDAQ:COST), Ulta Beauty, Inc. (NASDAQ … – Investing News Update (investingbizz.com)
Costco Wholesale (COST) traded up $1.87 during mid-day trading on Friday, reaching $188.07. Costco Wholesale has a 1-year low of $150.00 and a 1-year high of $191.22. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $82,180.00, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 3.05 and a beta of 0.98.
The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Thursday, November 16th. Costco Wholesale’s dividend payout ratio is currently 32.89%.
A number of brokerages recently weighed in on COST. Robert W. Baird restated a “buy” rating and set a $200.00 target price on shares of Costco Wholesale in a research report on Thursday, August 31st. Stifel Nicolaus restated a “buy” rating and set a $173.00 target price on shares of Costco Wholesale in a research report on Monday, October 9th. Vetr lowered shares of Costco Wholesale from a “buy” rating to a “hold” rating and set a $171.07 target price for the company. in a research report on Monday, November 6th. J P Morgan Chase & Co restated a “buy” rating and set a $200.00 target price on shares of Costco Wholesale in a research report on Monday, December 4th. Finally, Zacks Investment Research upgraded shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $180.00 target price for the company in a research report on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seventeen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $179.50.
In other news, Director John W. Meisenbach sold 1,000 shares of the stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $164.92, for a total value of $164,920.00. Following the sale, the director now owns 6,974 shares of the company’s stock, valued at $1,150,152.08. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard M. Libenson sold 2,350 shares of the stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $162.00, for a total transaction of $380,700.00. Following the completion of the sale, the director now directly owns 4,109 shares in the company, valued at approximately $665,658. The disclosure for this sale can be found here. In the last three months, insiders sold 32,842 shares of company stock worth $5,520,848. Insiders own 0.74% of the company’s stock.
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Costco Wholesale Company Profile
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world.
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