CostcoCOST
About: Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Employees: 333,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3% more repeat investments, than reductions
Existing positions increased: 1,418 | Existing positions reduced: 1,376
0% less funds holding
Funds holding: 3,435 [Q2] → 3,427 (-8) [Q3]
2% less capital invested
Capital invested by funds: $267B [Q2] → $262B (-$5.33B) [Q3]
4% less first-time investments, than exits
New positions opened: 190 | Existing positions closed: 198
2.66% less ownership
Funds ownership: 70.74% [Q2] → 68.08% (-2.66%) [Q3]
9% less funds holding in top 10
Funds holding in top 10: 343 [Q2] → 311 (-32) [Q3]
22% less call options, than puts
Call options by funds: $7.93B | Put options by funds: $10.2B
Research analyst outlook
32 Wall Street Analysts provided 1 year price targets over the past 3 months
32 analyst ratings
Telsey Advisory Group Joseph Feldman 56% 1-year accuracy 90 / 160 met price target | 10%upside $1,000 | Outperform Maintained | 7 Nov 2024 |
Telsey Advisory Group Joseph Feldman 56% 1-year accuracy 90 / 160 met price target | 10%upside $1,000 | Outperform Maintained | 4 Nov 2024 |
Bernstein Dean Rosenblum 0 / 0 met price target | 12%upside $1,016 | Outperform Initiated | 22 Oct 2024 |
Tigress Financial Ivan Feinseth 77% 1-year accuracy 57 / 74 met price target | 17%upside $1,065 | Buy Maintained | 17 Oct 2024 |
Telsey Advisory Group Joseph Feldman 56% 1-year accuracy 90 / 160 met price target | 10%upside $1,000 | Outperform Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 81 articles about COST published over the past 30 days
