Will Costco stock split soon? (2024)

Will Costco stock split soon?

That year Costco's stock also reached highs of around $600, and there arguably would have been more of a reason to do a split back then, when stock splits were attracting a lot of attention from investors. Costco's reluctance to split its shares back then suggests to me that it's not going to do one anytime soon.

What stocks are going to split in 2024?

Broadcom (NASDAQ:AVGO) would be a perfect candidate for a stock split in 2024. The move would align with other tech stocks that split their shares two years ago. Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) were among those splitting their stock then and the chipmaker can afford to do the same now.

Is Costco stock a buy 2024?

Costco shares have already climbed 13% through the first two months of 2024. To be clear, this stock isn't cheap. It trades at a price-to-earnings ratio of 50.7. This is the most expensive level it has sold for since the turn of the century.

Why is Costco stock dropping so much?

(Reuters) -Costco's shares closed down 7.6% on Friday for its worst day since May 2022 after the membership-only retail chain missed second-quarter revenue expectations and signaled a negative impact from lower gasoline prices.

What will Costco stock be worth in 5 years?

Costco stock price stood at $725.63

According to the latest long-term forecast, Costco price will hit $1000 by the end of 2024 and then $1100 by the middle of 2025. Costco will rise to $1300 within the year of 2026, $1500 in 2027, $1600 in 2028, $1800 in 2029 and $2000 in 2031.

Which stock will double in 3 years?

What stock will boom in 2024?

Will Costco stock reach $1,000?

Don't expect the $1,000 mark to be met in 2024. And for investors who are drawn to the business, it's best to practice patience and wait for a better valuation. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale, Home Depot, Target, and Walmart.

How high will Costco stock go?

COST Stock 12 Months Forecast

Based on 29 Wall Street analysts offering 12 month price targets for Costco in the last 3 months. The average price target is $752.72 with a high forecast of $905.00 and a low forecast of $601.00.

Should I keep Costco stock?

Costco could be a good long-term buy -- but at its current multiple, investors are paying for a lot of future earnings growth. If you want to hang on to it for decades, then it could still be a good investment for you.

Who holds the most Costco stock?

The largest shareholders of Costco

According to Investopedia, Craig Jelinek is the largest shareholder in the company and also holds the roles of President and CEO. He owns 333,075 shares of the company, or about 0.08% of all shares.

Is Costco a good long term stock?

On a historic basis, Costco has generated cash flow growth of 14.1%, and is expected to report cash flow expansion of 10.4% this year. Investors should take the time to consider COST for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

Is Costco a buy sell or hold?

Costco Wholesale has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 17 buy ratings, 6 hold ratings, and no sell ratings.

What is the prediction for Costco stock?

Costco Stock Forecast

The 24 analysts with 12-month price forecasts for Costco stock have an average target of 655.58, with a low estimate of 502 and a high estimate of 805. The average target predicts a decrease of -13.78% from the current stock price of 760.37.

How much will Costco stock be worth in 10 years?

Costco Stock Prediction 2030

In 2030, the Costco stock will reach $ 2,050.13 if it maintains its current 10-year average growth rate. If this Costco stock prediction for 2030 materializes, COST stock willgrow 178.22% from its current price.

When was Costco last dividend?

Costco's previous ex-dividend date was on Feb 01, 2024. Costco shareholders who own COST stock before this date received Costco's last dividend payment of $1.02 per share on Feb 16, 2024. COST's next ex-dividend date has not been announced yet.

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How much was Costco stock in 2008?

The closing price for Costco Wholesale (COST) in 2008 was $37.08, on December 31, 2008. It was down 23.8% for the year. The latest price is $759.17.

How much was Costco stock in 1998?

The closing price for Costco Wholesale (COST) in 1998 was $24.35, on December 31, 1998. It was up 61.8% for the year. The latest price is $727.40.

How often does Costco get new stock?

Every night. Night merch crew starts in the back aisles with paper products, pet food, cleaning/laundry supplies, water and such. Morning merch starts about 3–4 am stocking the freezers, coolers, and everything else. Clothing and household items are stocked as well.