Q1 EPS Estimates for Costco Wholesale Reduced by DA Davidson

Costco Wholesale Co. (NASDAQ:COST) – Equities researchers at DA Davidson cut their Q1 2025 earnings per share estimates for shares of Costco Wholesale in a report issued on Thursday, December 5th. DA Davidson analyst M. Baker now expects that the retailer will earn $3.51 per share for the quarter, down from their prior estimate of $3.52. DA Davidson has a “Neutral” rating and a $880.00 price target on the stock. The consensus estimate for Costco Wholesale’s current full-year earnings is $17.73 per share.

Several other analysts also recently weighed in on the company. Tigress Financial reiterated a “buy” rating and issued a $1,065.00 price objective on shares of Costco Wholesale in a research report on Thursday, October 17th. Morgan Stanley upped their price target on shares of Costco Wholesale from $855.00 to $950.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Jefferies Financial Group raised their price target on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the stock a “buy” rating in a report on Thursday. Melius Research began coverage on shares of Costco Wholesale in a research note on Monday, September 23rd. They set a “hold” rating and a $950.00 price objective for the company. Finally, Robert W. Baird increased their target price on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a report on Thursday. Ten equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $928.50.

Costco Wholesale Price Performance

COST stock opened at $992.61 on Monday. The firm has a market cap of $439.80 billion, a P/E ratio of 59.90, a P/E/G ratio of 6.11 and a beta of 0.82. The firm’s fifty day moving average is $915.79 and its 200 day moving average is $879.28. Costco Wholesale has a 52 week low of $606.35 and a 52 week high of $997.71. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.97.

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

Hedge Funds Weigh In On Costco Wholesale

Several hedge funds have recently modified their holdings of the stock. RPg Family Wealth Advisory LLC purchased a new stake in Costco Wholesale during the 3rd quarter valued at about $29,000. Financial Connections Group Inc. increased its holdings in Costco Wholesale by 557.1% in the 2nd quarter. Financial Connections Group Inc. now owns 46 shares of the retailer’s stock worth $39,000 after buying an additional 39 shares during the period. Ruedi Wealth Management Inc. raised its position in Costco Wholesale by 73.5% during the 2nd quarter. Ruedi Wealth Management Inc. now owns 59 shares of the retailer’s stock worth $50,000 after buying an additional 25 shares during the last quarter. Summit Securities Group LLC purchased a new position in Costco Wholesale during the 2nd quarter worth approximately $50,000. Finally, Fairway Wealth LLC lifted its stake in Costco Wholesale by 230.0% during the 2nd quarter. Fairway Wealth LLC now owns 66 shares of the retailer’s stock valued at $56,000 after acquiring an additional 46 shares during the period. Institutional investors and hedge funds own 68.48% of the company’s stock.

Insider Activity

In other Costco Wholesale news, EVP Claudine Adamo sold 3,200 shares of Costco Wholesale stock in a transaction 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 transaction, the executive vice president now directly owns 8,630 shares of the company’s stock, valued at approximately $7,671,983.70. The trade was a 27.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Russell D. Miller sold 4,400 shares of the stock in a transaction on Friday, October 11th. The shares were sold at an average price of $891.15, for a total value of $3,921,060.00. Following the sale, the executive vice president now owns 10,202 shares of the company’s stock, valued at approximately $9,091,512.30. This represents a 30.13 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,016 shares of company stock worth $9,826,115. 0.18% of the stock is currently owned by company insiders.

Costco Wholesale Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a $1.16 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.47%. Costco Wholesale’s dividend payout ratio is presently 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.