FY2025 EPS Estimates for Costco Wholesale Co. Cut by Analyst (NASDAQ:COST)

Costco Wholesale Co. (NASDAQ:COST) – William Blair reduced their FY2025 earnings estimates for Costco Wholesale in a note issued to investors on Friday, September 6th. William Blair analyst P. Blee now anticipates that the retailer will post earnings of $17.37 per share for the year, down from their prior forecast of $17.64. The consensus estimate for Costco Wholesale’s current full-year earnings is $15.99 per share.

COST has been the topic of a number of other research reports. Roth Mkm reissued a “neutral” rating and issued a $676.00 price objective (up previously from $650.00) on shares of Costco Wholesale in a research note on Friday, May 31st. Citigroup upped their price target on shares of Costco Wholesale from $710.00 to $800.00 and gave the stock a “neutral” rating in a research report on Friday, May 31st. Barclays raised their price objective on shares of Costco Wholesale from $765.00 to $830.00 and gave the company an “equal weight” rating in a research report on Thursday, July 11th. Argus upped their target price on shares of Costco Wholesale from $805.00 to $900.00 and gave the stock a “buy” rating in a research report on Tuesday, May 28th. Finally, Loop Capital raised their price target on shares of Costco Wholesale from $970.00 to $975.00 and gave the company a “buy” rating in a report on Friday. Seven equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Costco Wholesale has an average rating of “Moderate Buy” and an average target price of $842.77.

Costco Wholesale Stock Up 2.3 %

COST opened at $896.49 on Monday. The firm has a market cap of $397.44 billion, a price-to-earnings ratio of 55.54, a PEG ratio of 5.33 and a beta of 0.80. 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 firm’s 50-day simple moving average is $858.47 and its 200-day simple moving average is $801.88. Costco Wholesale has a twelve month low of $540.23 and a twelve month high of $918.93.

Institutional Investors Weigh In On Costco Wholesale

A number of hedge funds have recently made changes to their positions in COST. Gilbert & Cook Inc. raised its position in Costco Wholesale by 57.3% during the 4th quarter. Gilbert & Cook Inc. now owns 626 shares of the retailer’s stock worth $413,000 after purchasing an additional 228 shares during the last quarter. Aveo Capital Partners LLC lifted its stake in shares of Costco Wholesale by 14.5% in the fourth quarter. Aveo Capital Partners LLC now owns 1,065 shares of the retailer’s stock worth $703,000 after acquiring an additional 135 shares during the period. Gryphon Financial Partners LLC boosted its holdings in Costco Wholesale by 62.6% in the fourth quarter. Gryphon Financial Partners LLC now owns 3,309 shares of the retailer’s stock valued at $2,184,000 after acquiring an additional 1,274 shares during the last quarter. McKinley Carter Wealth Services Inc. increased its position in Costco Wholesale by 6.1% during the 4th quarter. McKinley Carter Wealth Services Inc. now owns 18,210 shares of the retailer’s stock valued at $12,020,000 after purchasing an additional 1,051 shares during the period. Finally, Wambolt & Associates LLC raised its holdings in Costco Wholesale by 7.9% during the 4th quarter. Wambolt & Associates LLC now owns 6,519 shares of the retailer’s stock worth $4,303,000 after purchasing an additional 480 shares during the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Costco Wholesale

In related news, Director Kenneth D. Denman sold 350 shares of the 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 sale, the director now owns 5,920 shares in the company, valued at approximately $5,041,057.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Kenneth D. Denman sold 350 shares of the stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $851.53, for a total transaction of $298,035.50. Following the transaction, the director now owns 5,920 shares in the company, valued at $5,041,057.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Daniel M. Hines sold 1,500 shares of the stock in a transaction on Friday, July 12th. The stock was sold at an average price of $844.20, for a total value of $1,266,300.00. Following the transaction, the insider now owns 12,492 shares in the company, valued at approximately $10,545,746.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,974 shares of company stock worth $4,252,856. Insiders own 0.18% of the company’s stock.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 9th. Stockholders of record on Friday, July 26th were issued a $1.16 dividend. The ex-dividend date was Friday, July 26th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.52%. Costco Wholesale’s payout ratio 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.