Q1 EPS Estimates for Costco Wholesale Reduced by DA Davidson

Costco Wholesale Co. (NASDAQ:COST) – Investment analysts at DA Davidson decreased their Q1 2025 earnings per share (EPS) estimates for Costco Wholesale in a report released on Thursday, December 5th. DA Davidson analyst M. Baker now anticipates that the retailer will post earnings per share of $3.51 for the quarter, down from their prior forecast of $3.52. DA Davidson currently has a “Neutral” rating and a $880.00 target price on the stock. The consensus estimate for Costco Wholesale’s current full-year earnings is $17.74 per share.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, September 26th. The retailer reported $5.15 EPS for the quarter, topping analysts’ consensus estimates of $5.05 by $0.10. Costco Wholesale had a return on equity of 31.05% and a net margin of 2.90%. The firm had revenue of $79.70 billion during the quarter, compared to analyst estimates of $79.91 billion. During the same period last year, the company earned $4.86 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis.

COST has been the subject of several other research reports. Truist Financial lowered 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. Sanford C. Bernstein started coverage on Costco Wholesale in a research note on Tuesday, October 22nd. They set an “outperform” rating and a $1,016.00 price objective for the company. Jefferies Financial Group lifted their price objective on Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Roth Mkm lifted their price objective on Costco Wholesale from $676.00 to $755.00 and gave the company a “neutral” rating in a research note on Friday, September 27th. Finally, Tigress Financial restated a “buy” rating and set a $1,065.00 price target on shares of Costco Wholesale in a research report on Thursday, October 17th. Ten equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. According to MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and a consensus target price of $928.50.

Costco Wholesale Price Performance

NASDAQ:COST opened at $987.86 on Monday. The firm has a market capitalization of $437.69 billion, a price-to-earnings ratio of 59.62, a P/E/G ratio of 6.05 and a beta of 0.82. Costco Wholesale has a 52-week low of $618.76 and a 52-week high of $997.71. The stock has a fifty day moving average of $917.82 and a 200 day moving average of $880.63. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.97.

Hedge Funds Weigh In On Costco Wholesale

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FFG Partners LLC raised its stake in Costco Wholesale by 0.5% during the 3rd quarter. FFG Partners LLC now owns 23,814 shares of the retailer’s stock valued at $21,112,000 after buying an additional 129 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new stake in Costco Wholesale during the 3rd quarter valued at $9,539,000. Garde Capital Inc. raised its stake in Costco Wholesale by 4.3% during the 3rd quarter. Garde Capital Inc. now owns 3,954 shares of the retailer’s stock valued at $3,506,000 after buying an additional 162 shares during the last quarter. Inspire Trust Co. N.A. raised its stake in Costco Wholesale by 12.8% during the 3rd quarter. Inspire Trust Co. N.A. now owns 2,700 shares of the retailer’s stock valued at $2,394,000 after buying an additional 307 shares during the last quarter. Finally, Old North State Trust LLC raised its stake in Costco Wholesale by 1.1% during the 3rd quarter. Old North State Trust LLC now owns 2,299 shares of the retailer’s stock valued at $2,038,000 after buying an additional 26 shares during the last quarter. 68.48% of the stock is owned by institutional investors.

Insider Transactions at Costco Wholesale

In related news, EVP Richard A. Galanti sold 1,416 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $894.68, for a total value of $1,266,866.88. Following the transaction, the executive vice president now directly owns 27,400 shares of the company’s stock, valued at approximately $24,514,232. This represents a 4.91 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Claudine Adamo sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $888.99, for a total value of $2,844,768.00. Following the completion of the transaction, the executive vice president now directly owns 8,630 shares in the company, valued at $7,671,983.70. This trade represents a 27.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,016 shares of company stock valued at $9,826,115 in the last ninety days. 0.18% of the stock is currently owned by corporate insiders.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $4.64 annualized dividend and a yield of 0.47%. Costco Wholesale’s payout ratio is 28.00%.

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.