Costco's $22.42 Billion Trading Day Lands 24th in Market Activity

Generated by AI AgentAinvest Market Brief
Thursday, Apr 24, 2025 8:00 pm ET1min read
COST--

On April 24, 2025, Costco's trading volume reached $22.42 billion, ranking 24th in the day's market activity. The stock experienced a slight decline of 0.04%, marking its second consecutive day of losses, with a total decrease of 0.38% over the past two days.

Costco's stock has been under scrutiny by analysts, who have given it a Moderate Buy rating. The average price target for COST stock is $1,086.58, indicating a potential upside of 9.53%. This optimistic outlook is supported by the company's projected earnings per share (EPS) of $4.24 for the upcoming quarter, reflecting a 12.17% increase from the same period last year. Additionally, revenue is expected to reach $63.05 billion, a 7.75% rise compared to the previous year.

Investors are also keeping a close eye on the company's upcoming earnings release on May 29, 2025. The Zacks Consensus Estimates forecast earnings of $17.95 per share and revenue of $274.23 billion for the entire year, indicating changes of +11.42% and +7.77%, respectively, compared to the previous year. Recent revisions to analyst forecasts have shown a 0.04% upward shift in the Zacks Consensus EPS estimate, reflecting positive near-term business trends.

Despite the recent decline, Costco's stock remains a strong performer in the Retail-Wholesale sector. Over the past month, the stock has gained 5.26%, outperforming the sector's loss of 4.21% and the S&P 500's loss of 6.57%. The company's forward P/E ratio of 54.55 indicates a premium relative to the industry's average, while its PEG ratio of 5.84 suggests that the stock is trading at a higher valuation compared to its expected earnings growth rate.

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