Costco Wholesale Co. (NASDAQ:COST - Free Report) - Stock analysts at DA Davidson boosted their Q1 2025 earnings estimates for Costco Wholesale in a research note issued to investors on Thursday, October 10th. DA Davidson analyst M. Baker now expects that the retailer will earn $3.51 per share for the quarter, up from their prior estimate of $3.49. 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 $17.73 per share. DA Davidson also issued estimates for Costco Wholesale's FY2025 earnings at $17.75 EPS and FY2026 earnings at $19.01 EPS.
Several other research firms have also recently weighed in on COST. TD Cowen upped their price objective on shares of Costco Wholesale from $925.00 to $975.00 and gave the stock a "buy" rating in a research report on Monday, September 30th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Costco Wholesale from $925.00 to $927.00 and gave the company a "buy" rating in a research report on Thursday, August 8th. Loop Capital raised their target price on shares of Costco Wholesale from $975.00 to $1,005.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Melius Research initiated coverage on shares of Costco Wholesale in a report on Monday, September 23rd. They issued a "hold" rating and a $950.00 target price on the stock. Finally, Gordon Haskett upgraded shares of Costco Wholesale from an "accumulate" rating to a "buy" rating and set a $925.00 target price on the stock in a report on Thursday, August 8th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $886.74.
Check Out Our Latest Analysis on COST
Costco Wholesale Price Performance
Shares of COST stock traded down $4.60 during trading on Friday, hitting $889.03. The company had a trading volume of 1,525,403 shares, compared to its average volume of 1,956,339. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The stock's 50-day moving average is $881.46 and its two-hundred day moving average is $825.57. The stock has a market capitalization of $394.14 billion, a price-to-earnings ratio of 55.08, a price-to-earnings-growth ratio of 5.53 and a beta of 0.80. Costco Wholesale has a 52 week low of $540.23 and a 52 week high of $923.83.
Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its quarterly earnings results on Thursday, September 26th. The retailer reported $5.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.05 by $0.10. The firm had revenue of $79.70 billion for the quarter, compared to the consensus estimate of $79.91 billion. Costco Wholesale had a net margin of 2.90% and a return on equity of 31.05%. The company's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted $4.86 earnings per share.
Insider Transactions at Costco Wholesale
In other news, EVP Claudine Adamo sold 3,200 shares of Costco Wholesale stock in a transaction dated Monday, September 30th. The stock was 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 owns 8,630 shares of the company's stock, valued at $7,671,983.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Costco Wholesale news, EVP Claudine Adamo sold 3,200 shares of the business's stock in a transaction dated Monday, September 30th. The stock was 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 owns 8,630 shares of the company's stock, valued at approximately $7,671,983.70. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel M. Hines sold 1,500 shares of the business's stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $848.53, for a total value of $1,272,795.00. Following the completion of the transaction, the insider now directly owns 10,992 shares of the company's stock, valued at approximately $9,327,041.76. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,674 shares of company stock valued at $5,831,324 in the last quarter. 0.18% of the stock is owned by insiders.
Hedge Funds Weigh In On Costco Wholesale
A number of hedge funds have recently bought and sold shares of the business. Redmont Wealth Advisors LLC purchased a new stake in shares of Costco Wholesale during the 1st quarter valued at about $32,000. Vima LLC bought a new position in shares of Costco Wholesale during the 4th quarter valued at approximately $34,000. Financial Connections Group Inc. boosted its position in shares of Costco Wholesale by 557.1% during the 2nd quarter. Financial Connections Group Inc. now owns 46 shares of the retailer's stock valued at $39,000 after acquiring an additional 39 shares during the last quarter. Bank & Trust Co bought a new position in shares of Costco Wholesale during the 2nd quarter valued at approximately $48,000. Finally, Ruedi Wealth Management Inc. raised its holdings in Costco Wholesale by 73.5% during the 2nd quarter. Ruedi Wealth Management Inc. now owns 59 shares of the retailer's stock valued at $50,000 after buying an additional 25 shares during the period. Hedge funds and other institutional investors own 68.48% of the company's stock.
About Costco Wholesale
(
Get Free Report)
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.
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