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Barchart
Barchart
Neharika Jain

Are Wall Street Analysts Bullish on Costco Wholesale Stock?

Issaquah, Washington-based Costco Wholesale Corporation (COST) is a retail company that operates a global chain of membership-only warehouse club stores. Valued at a market cap of $444.4 billion, the company offers bulk quantities of food, household goods, electronics, apparel and other merchandise at low prices to members. 

This retail company has underperformed the broader market over the past 52 weeks. Shares of COST have declined 4.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 14%. However, on a YTD basis, the stock is up 16.1%, outpacing SPX’s 1.3% rise. 

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