What is Roth Capital’s Forecast for COST FY2025 Earnings?

Costco Wholesale Co. (NASDAQ:COST) – Analysts at Roth Capital cut their FY2025 EPS estimates for Costco Wholesale in a note issued to investors on Friday, March 7th. Roth Capital analyst W. Kirk now anticipates that the retailer will earn $18.82 per share for the year, down from their prior estimate of $18.84. The consensus estimate for Costco Wholesale’s current full-year earnings is $18.03 per share.

Several other brokerages also recently weighed in on COST. Jefferies Financial Group raised their price target on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Oppenheimer reissued an “outperform” rating and set a $1,075.00 price target (up previously from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. Morgan Stanley raised their target price on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Raymond James raised their target price on shares of Costco Wholesale from $990.00 to $1,030.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Finally, DA Davidson raised their target price on shares of Costco Wholesale from $900.00 to $1,000.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Nine research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,030.43.

Costco Wholesale Price Performance

Shares of NASDAQ COST opened at $930.49 on Monday. The company has a market capitalization of $413.04 billion, a price-to-earnings ratio of 54.64, a P/E/G ratio of 6.15 and a beta of 0.81. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. The company has a 50 day simple moving average of $990.22 and a two-hundred day simple moving average of $944.64. Costco Wholesale has a fifty-two week low of $697.27 and a fifty-two week high of $1,078.24.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Thursday, March 6th. The retailer reported $4.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.09 by ($0.07). Costco Wholesale had a return on equity of 32.31% and a net margin of 2.93%. The company had revenue of $63.72 billion during the quarter, compared to the consensus estimate of $63.02 billion.

Hedge Funds Weigh In On Costco Wholesale

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Costco Wholesale by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 42,201,610 shares of the retailer’s stock valued at $38,668,069,000 after buying an additional 455,043 shares during the period. Geode Capital Management LLC boosted its position in Costco Wholesale by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 9,739,175 shares of the retailer’s stock valued at $8,901,249,000 after buying an additional 252,118 shares during the period. FMR LLC boosted its position in Costco Wholesale by 1.6% in the 4th quarter. FMR LLC now owns 9,457,824 shares of the retailer’s stock valued at $8,665,921,000 after buying an additional 149,209 shares during the period. Norges Bank purchased a new stake in Costco Wholesale in the 4th quarter valued at about $5,182,316,000. Finally, Northern Trust Corp boosted its position in Costco Wholesale by 12.6% in the 4th quarter. Northern Trust Corp now owns 5,257,809 shares of the retailer’s stock valued at $4,817,573,000 after buying an additional 587,303 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a dividend of $1.16 per share. The ex-dividend date was Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.50%. Costco Wholesale’s dividend payout ratio is presently 27.09%.

About Costco Wholesale

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.