DA Davidson Research Analysts Lift Earnings Estimates for Costco Wholesale Co. (NASDAQ:COST)

Costco Wholesale Co. (NASDAQ:COST) – Equities research analysts at DA Davidson increased their FY2025 earnings per share estimates for shares of Costco Wholesale in a report released on Friday, September 27th. DA Davidson analyst M. Baker now anticipates that the retailer will earn $17.73 per share for the year, up from their prior estimate of $16.92. DA Davidson has a “Neutral” rating and a $880.00 price target on the stock. The consensus estimate for Costco Wholesale’s current full-year earnings is $16.02 per share. DA Davidson also issued estimates for Costco Wholesale’s FY2026 earnings at $18.99 EPS.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, September 26th. The retailer reported $5.15 earnings per share for the quarter, topping analysts’ consensus estimates of $5.05 by $0.10. Costco Wholesale had a return on equity of 30.02% and a net margin of 2.83%. The business had revenue of $79.70 billion for the quarter, compared to the consensus estimate of $79.91 billion. During the same period in the prior year, the business earned $4.86 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis.

COST has been the subject of several other reports. Gordon Haskett raised Costco Wholesale from an “accumulate” rating to a “buy” rating and set a $925.00 price objective for the company in a research note on Thursday, August 8th. Wells Fargo & Company increased their price objective on Costco Wholesale from $800.00 to $850.00 and gave the stock an “equal weight” rating in a research note on Friday, September 27th. Roth Mkm increased their price objective on Costco Wholesale from $676.00 to $755.00 and gave the stock a “neutral” rating in a research note on Friday, September 27th. Morgan Stanley increased their price objective on Costco Wholesale from $855.00 to $950.00 and gave the stock an “overweight” rating in a research note on Monday, September 9th. Finally, Truist Financial downgraded Costco Wholesale from a “buy” rating to a “hold” rating and set a $873.00 price objective for the company. in a research note on Tuesday, September 24th. Ten investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat.com, Costco Wholesale currently has an average rating of “Moderate Buy” and a consensus target price of $883.04.

Costco Wholesale Stock Down 1.0 %

COST stock opened at $877.38 on Monday. The stock’s 50 day simple moving average is $871.96 and its 200 day simple moving average is $819.44. Costco Wholesale has a fifty-two week low of $540.23 and a fifty-two week high of $923.83. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.45 and a current ratio of 0.94. The company has a market cap of $388.97 billion, a P/E ratio of 54.36, a price-to-earnings-growth ratio of 5.47 and a beta of 0.80.

Institutional Investors Weigh In On Costco Wholesale

A number of institutional investors and hedge funds have recently made changes to their positions in COST. Frank Rimerman Advisors LLC purchased a new stake in shares of Costco Wholesale in the fourth quarter worth $26,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Costco Wholesale in the first quarter worth $32,000. Vima LLC purchased a new stake in shares of Costco Wholesale in the fourth quarter worth $34,000. Financial Connections Group Inc. raised its position in shares of Costco Wholesale by 557.1% in the second quarter. Financial Connections Group Inc. now owns 46 shares of the retailer’s stock worth $39,000 after buying an additional 39 shares in the last quarter. Finally, Bank & Trust Co purchased a new stake in shares of Costco Wholesale in the second quarter worth $48,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Insider Buying and Selling at Costco Wholesale

In other news, Director Kenneth D. Denman sold 350 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $851.53, for a total value of $298,035.50. Following the completion of the transaction, the director now directly owns 5,920 shares of the company’s stock, valued at $5,041,057.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Kenneth D. Denman sold 350 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $851.53, for a total value of $298,035.50. Following the completion of the transaction, the director now directly owns 5,920 shares of the company’s stock, valued at $5,041,057.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Susan L. Decker sold 620 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $876.50, for a total value of $543,430.00. Following the completion of the transaction, the director now directly owns 11,775 shares of the company’s stock, valued at $10,320,787.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,974 shares of company stock valued at $4,252,856. Company insiders own 0.18% of the company’s stock.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 26th were issued a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 0.53%. The ex-dividend date was Friday, July 26th. Costco Wholesale’s dividend payout ratio (DPR) is 28.75%.

Costco Wholesale Company Profile

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.