Costco Wholesale Corp (COST) Stock AnalysisCOSTStock AnalysisCostco Wholesale Corp

Costco Wholesale Corporation (Costco) operates membership warehouses and e-commerce sites that offer a selection of nationally branded and private-label products in a wide range of categories. The Company buys the majority of its merchandise directly from suppliers and route it to cross-docking consolidation points (depots) or directly to its warehouses. It operates 891 warehouses, including 614 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 35 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. It also operates e-commerce sites in the United States, Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan and Australia. The Company provides wide selection of merchandise, plus the convenience of specialty departments and exclusive member services. It operates in the Consumer Cyclicals sector (RETAIL-VARIETY STORES industry).

Costco is currently trading at $945.47, which is below the average analyst price target of $1,020, indicating potential upside. However, the RSI is at 45.744, suggesting that the stock is neither overbought nor oversold, and the recent insider selling trend has increased by 937.50%. This indicates some caution among insiders, which could be a risk factor. Therefore, while Costco has strong fundamentals with a gross margin of 12.77% and a forward P/E of 42.19, the recent selling activity and the current price level suggest holding rather than buying at this time.

29 analysts cover COST: 18 rate it Buy, 11 Hold and 0 Sell. The average price target is 1,061.