DA Davidson Comments on Costco Wholesale Co.'s FY2025 Earnings (NASDAQ:COST)

Costco Wholesale Co. (NASDAQ:COST - Free Report) - Investment analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for Costco Wholesale in a research report issued to clients and investors 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 objective 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 - Get Free Report) last issued its quarterly earnings results on Thursday, September 26th. The retailer reported $5.15 earnings per share for the quarter, beating analysts' consensus estimates of $5.05 by $0.10. Costco Wholesale had a net margin of 2.83% and a return on equity of 30.02%. The firm had revenue of $79.70 billion for the quarter, compared to analyst estimates of $79.91 billion. During the same period last year, the company posted $4.86 EPS. Costco Wholesale's quarterly revenue was up 1.0% compared to the same quarter last year.

COST has been the topic of several other research reports. Telsey Advisory Group lifted their target price on shares of Costco Wholesale from $925.00 to $1,000.00 and gave the stock an "outperform" rating in a research note on Friday. TD Cowen upped their price objective on shares of Costco Wholesale from $850.00 to $925.00 and gave the company a "buy" rating in a research note on Friday, July 12th. Truist Financial downgraded shares of Costco Wholesale from a "buy" rating to a "hold" rating and set a $873.00 price objective for the company. in a report on Tuesday, September 24th. Gordon Haskett upgraded Costco Wholesale from an "accumulate" rating to a "buy" rating and set a $925.00 price target for the company in a research report on Thursday, August 8th. Finally, Oppenheimer lifted their price objective on Costco Wholesale from $925.00 to $955.00 and gave the stock an "outperform" rating in a research report on Friday, September 6th. Ten analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $881.19.

Costco Wholesale Stock Performance

NASDAQ COST opened at $885.62 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.45. Costco Wholesale has a 1-year low of $540.23 and a 1-year high of $923.83. The company has a market cap of $392.63 billion, a PE ratio of 54.87, a price-to-earnings-growth ratio of 5.47 and a beta of 0.80. The stock's 50 day simple moving average is $870.67 and its 200-day simple moving average is $817.28.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 26th were paid a $1.16 dividend. The ex-dividend date was Friday, July 26th. This represents a $4.64 annualized dividend and a dividend yield of 0.52%. Costco Wholesale's dividend payout ratio (DPR) is 28.75%.

Insider Transactions at Costco Wholesale

In related news, insider Daniel M. Hines sold 1,500 shares of the business's stock in a transaction on Friday, July 12th. The stock was sold at an average price of $844.20, for a total transaction of $1,266,300.00. Following the completion of the transaction, the insider now directly owns 12,492 shares of the company's stock, valued at approximately $10,545,746.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Daniel M. Hines sold 1,500 shares of the firm's stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $844.20, for a total value of $1,266,300.00. Following the sale, the insider now owns 12,492 shares of the company's stock, valued at $10,545,746.40. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Susan L. Decker sold 620 shares of the business's stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $876.50, for a total transaction of $543,430.00. Following the transaction, the director now owns 11,775 shares of the company's stock, valued at approximately $10,320,787.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,974 shares of company stock valued at $4,252,856. 0.18% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Oak Asset Management LLC boosted its position in shares of Costco Wholesale by 0.3% during the second quarter. Oak Asset Management LLC now owns 4,396 shares of the retailer's stock worth $3,737,000 after buying an additional 12 shares during the period. Peddock Capital Advisors LLC boosted its position in Costco Wholesale by 0.7% during the 2nd quarter. Peddock Capital Advisors LLC now owns 1,786 shares of the retailer's stock worth $1,518,000 after acquiring an additional 12 shares during the period. Bedel Financial Consulting Inc. grew its stake in shares of Costco Wholesale by 1.3% in the first quarter. Bedel Financial Consulting Inc. now owns 995 shares of the retailer's stock worth $729,000 after purchasing an additional 13 shares in the last quarter. Boltwood Capital Management increased its holdings in shares of Costco Wholesale by 1.7% during the second quarter. Boltwood Capital Management now owns 790 shares of the retailer's stock valued at $671,000 after purchasing an additional 13 shares during the period. Finally, LifePro Asset Management raised its stake in shares of Costco Wholesale by 3.8% during the second quarter. LifePro Asset Management now owns 358 shares of the retailer's stock valued at $304,000 after purchasing an additional 13 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

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.