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 280 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Employees: 333,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
372% more first-time investments, than exits
New positions opened: 401 | Existing positions closed: 85
7% more capital invested
Capital invested by funds: $266B [Q3] → $284B (+$18.3B) [Q4]
4% more funds holding
Funds holding: 3,522 [Q3] → 3,647 (+125) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 1,416 | Existing positions reduced: 1,393
0.99% less ownership
Funds ownership: 69.11% [Q3] → 68.13% (-0.99%) [Q4]
2% less funds holding in top 10
Funds holding in top 10: 322 [Q3] → 314 (-8) [Q4]
27% less call options, than puts
Call options by funds: $8.34B | Put options by funds: $11.5B
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
DA Davidson Michael Baker 53% 1-year accuracy 23 / 43 met price target | 3%downside $1,000 | Neutral Maintained | 6 Feb 2025 |
Stifel Mark Astrachan 47% 1-year accuracy 15 / 32 met price target | 4%upside $1,075 | Buy Maintained | 6 Feb 2025 |
Evercore ISI Group Greg Melich 84% 1-year accuracy 54 / 64 met price target | 3%upside $1,070 | Outperform Maintained | 6 Feb 2025 |
Telsey Advisory Group Joseph Feldman 56% 1-year accuracy 96 / 170 met price target | 6%upside $1,100 | Outperform Maintained | 6 Feb 2025 |
Citigroup Paul Lejuez 61% 1-year accuracy 23 / 38 met price target | 2%upside $1,060 | Neutral Maintained | 18 Dec 2024 |
Financial journalist opinion
Based on 83 articles about COST published over the past 30 days
