DA Davidson Has Bullish Forecast for COST FY2026 Earnings

Costco Wholesale Co. (NASDAQ:COST) – Analysts at DA Davidson boosted their FY2026 earnings per share estimates for Costco Wholesale in a research report issued on Thursday, February 6th. DA Davidson analyst M. Baker now expects that the retailer will post earnings of $19.43 per share for the year, up from their previous forecast of $19.40. DA Davidson currently has a “Neutral” rating and a $1,000.00 target price on the stock. The consensus estimate for Costco Wholesale’s current full-year earnings is $18.03 per share.

Several other equities analysts also recently commented on COST. Telsey Advisory Group restated an “outperform” rating and issued a $1,100.00 price objective on shares of Costco Wholesale in a research report on Monday, February 3rd. Loop Capital boosted their price objective on Costco Wholesale from $1,005.00 to $1,095.00 and gave the company a “buy” rating in a research report on Friday, December 13th. UBS Group boosted their price objective on Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Wells Fargo & Company boosted their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Finally, Raymond James boosted their target price on Costco Wholesale from $990.00 to $1,030.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Nine investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to MarketBeat, Costco Wholesale currently has an average rating of “Moderate Buy” and an average price target of $1,021.93.

Costco Wholesale Price Performance

Shares of Costco Wholesale stock opened at $1,061.92 on Monday. The stock’s 50-day simple moving average is $961.27 and its 200-day simple moving average is $915.02. Costco Wholesale has a 52 week low of $697.27 and a 52 week high of $1,063.00. The company has a market capitalization of $471.39 billion, a price-to-earnings ratio of 62.36, a PEG ratio of 6.26 and a beta of 0.84. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23.

Institutional Trading of Costco Wholesale

A number of large investors have recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Costco Wholesale by 1.7% in the third quarter. Geode Capital Management LLC now owns 9,487,057 shares of the retailer’s stock valued at $8,380,648,000 after purchasing an additional 162,191 shares during the period. FMR LLC boosted its holdings in shares of Costco Wholesale by 3.6% in the third quarter. FMR LLC now owns 9,308,615 shares of the retailer’s stock valued at $8,252,274,000 after purchasing an additional 324,973 shares during the period. International Assets Investment Management LLC lifted its holdings in Costco Wholesale by 113,947.9% during the third quarter. International Assets Investment Management LLC now owns 7,370,916 shares of the retailer’s stock worth $6,534,464,000 after buying an additional 7,364,453 shares during the period. Jennison Associates LLC lifted its holdings in Costco Wholesale by 3.8% during the third quarter. Jennison Associates LLC now owns 3,399,127 shares of the retailer’s stock worth $3,013,394,000 after buying an additional 125,444 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in Costco Wholesale by 1.4% during the fourth quarter. Fisher Asset Management LLC now owns 3,077,905 shares of the retailer’s stock worth $2,820,193,000 after buying an additional 43,414 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a dividend of $1.16 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.44%. Costco Wholesale’s dividend payout ratio is 27.25%.

About Costco Wholesale

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.