Costco Stock Slides, Brushing Off Upbeat Q4 Results

Core Viewpoint - Costco Wholesale Corp's shares fell 3.9% to $906.42 following disappointing same-store sales in its fourth quarter report, despite better-than-expected earnings of $5.87 per share on revenue of $86.16 billion [1] Group 1: Stock Performance - The current trading price of COST is the lowest since April and is on track for its worst session since June [2] - Year-to-date, the shares have a 0.5% deficit, indicating a decline in performance [2] Group 2: Analyst Ratings and Price Targets - Analysts are divided on COST, with 15 out of 34 firms maintaining a "hold" rating, and at least four price-target cuts occurring, the largest being from Morgan Stanley Securities, reducing the target from $1,225 to $1,130 [3] Group 3: Options Activity - Options trading has been nearly balanced with 32,000 puts and 34,000 calls traded, although there is a preference for the weekly 9/26 900-strike put, where new positions are being opened [4]