Costco Wholesale (COST) Receives Media Impact Rating of 0.11

Headlines about Costco Wholesale (NASDAQ:COST) have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Costco Wholesale earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news articles about the retailer an impact score of 43.8571487267886 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

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Shares of COST stock traded up $2.16 during trading hours on Tuesday, hitting $196.74. 1,314,873 shares of the company were exchanged, compared to its average volume of 2,540,440. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.44 and a current ratio of 1.00. Costco Wholesale has a one year low of $150.00 and a one year high of $199.88. The stock has a market capitalization of $82,897.54, a price-to-earnings ratio of 33.81, a PEG ratio of 2.67 and a beta of 0.96.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Wednesday, March 7th. The retailer reported $1.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.45 by ($0.03). Costco Wholesale had a return on equity of 24.74% and a net margin of 2.18%. The business had revenue of $33 billion during the quarter, compared to the consensus estimate of $32.73 billion. During the same period in the prior year, the business earned $1.17 EPS. The business’s revenue was up 10.8% on a year-over-year basis. research analysts forecast that Costco Wholesale will post 6.76 EPS for the current year.

COST has been the topic of a number of research reports. BMO Capital Markets upgraded Costco Wholesale from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $192.73 to $215.00 in a report on Monday, December 18th. Vetr raised Costco Wholesale from a “sell” rating to a “hold” rating and set a $186.56 target price on the stock in a research note on Monday, December 18th. Barclays reaffirmed a “buy” rating and issued a $208.00 target price on shares of Costco Wholesale in a research note on Tuesday, December 19th. Tigress Financial reaffirmed a “buy” rating on shares of Costco Wholesale in a research note on Friday, January 5th. Finally, Oppenheimer upped their target price on Costco Wholesale from $180.00 to $210.00 and gave the company an “outperform” rating in a research note on Monday, January 8th. Eight equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $192.14.

In other news, VP Timothy L. Rose sold 12,000 shares of Costco Wholesale stock in a transaction that occurred on Thursday, March 22nd. The stock was sold at an average price of $184.46, for a total transaction of $2,213,520.00. Following the sale, the vice president now owns 22,903 shares of the company’s stock, valued at $4,224,687.38. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John W. Meisenbach sold 3,000 shares of Costco Wholesale stock in a transaction that occurred on Monday, April 2nd. The shares were sold at an average price of $186.91, for a total value of $560,730.00. Following the sale, the director now directly owns 8,654 shares in the company, valued at approximately $1,617,519.14. The disclosure for this sale can be found here. Insiders sold 86,659 shares of company stock worth $16,359,594 in the last three months. 0.58% of the stock is currently owned by corporate insiders.

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About Costco Wholesale

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.

Insider Buying and Selling by Quarter for Costco Wholesale (NASDAQ:COST)

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