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Costco's Trading Volume Surges 39.71% to 29.20 Billion, Secures 24th Spot in Daily Rankings

Market BriefTuesday, May 13, 2025 8:00 pm ET

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On May 13, 2025, Costco's trading volume reached 29.20 billion, marking a 39.71% increase from the previous day. This surge placed Costco at the 24th position in the day's trading volume rankings. However, the stock price of Costco (COST) experienced a decline of 1.68%.

Costco Wholesale Corp reported a significant increase in net income, reaching $1.788 billion, or $4.02 per diluted share, up from $1.743 billion, or $3.92 per share in the previous period. This financial performance indicates a strong earnings growth for the company.

Analysts have expressed concerns about Costco's current valuation, citing a forward PEG ratio of 6.28x, which suggests that the stock may be overvalued compared to other blue-chip companies on Wall Street. This valuation metric raises questions about the sustainability of Costco's stock price in the long term.

Despite the concerns about valuation, the 12-month stock price forecast for Costco is $1,023.22, representing a 2.12% increase from the current price. This forecast reflects a cautious optimism among analysts regarding the company's future performance.

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