The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Costco (COST) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
COST posts 6.4% July comp sales growth, with e-commerce up 15.1%, signaling strong momentum into fiscal 2025's final stretch.
After years of big stock gains through the pandemic and the price increases that followed, Costco Wholesale Corp. has faced concerns about stalling momentum.
Costco on Wednesday reported $20.89 billion in sales through the “retail month” of July, or the four weeks that ended on Aug. 3. That marked an 8.5% year-over-year gain.
Shares of Costco Wholesale Corporation ( NASDAQ: COST ) lost 3.87% over the past month after losing 6.33% the month prior.
COST's 90.2% renewal rate, surging memberships and Kirkland growth reinforce its defensive edge in a volatile market.
In the most recent trading session, Costco (COST) closed at $952.36, indicating a +1.35% shift from the previous trading day.
Recently, Zacks.com users have been paying close attention to Costco (COST). This makes it worthwhile to examine what the stock has in store.
SFM surges past COST YTD as disciplined growth, digital gains and fresh-food demand boost its near-term edge.
Some companies issue what are called special dividends: irregular, one-time payouts that don't follow the normal cycle and often differ significantly in amount. MAIN chooses to issue these sometimes lumpy distributions when it monetizes portfolio investments, such as exiting a successful equity stake. What Costco lacks in regular dividend income, it has historically made up for with irregular windfalls. It issued a $15 per share special dividend in December 2023 and a $10 per share special dividend in December 2020.
Costco (COST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.