What Wall Street Analysts Think of Costco’s Stock Ahead of Earnings

Costco Wholesale (COST) will study fiscal fourth-quarter net aft nan closing doorbell Thursday, pinch analysts projecting maturation connected nan top and bottommost lines—but very small further appreciation for nan shares.

The membership-based bulk retailer has seen its banal climb astir 40% this year. Of nan 19 analysts tracked by Visible Alpha, 13 person a bargain standing connected Costco's stock.

The statement value target of $912.94 represents only a slim premium to Wednesday's adjacent of $908.42.

Costco is projected to study $2.27 cardinal successful nett income connected conscionable awkward of $79.96 cardinal successful revenue, up from $2.2 cardinal and $78.9 billion, respectively, a twelvemonth earlier.

Investors will beryllium watching intimately for nan company’s first results since raising its rank price for nan first clip successful 7 years. Here’s what you request to know astir Costco’s upcoming net report.