Analysts See $1.67 EPS for Costco Wholesale Corporation (COST)

May 17, 2018 - By Alfred Lee

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment decreased to 0.98 in Q4 2017. Its down 0.21, from 1.19 in 2017Q3. It dropped, as 64 investors sold Costco Wholesale Corporation shares while 442 reduced holdings. 134 funds opened positions while 364 raised stakes. 308.22 million shares or 1.23% more from 304.48 million shares in 2017Q3 were reported.
Blackrock Inc has 26.39 million shares. Virginia Retirement System Et Al stated it has 0.23% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Cwm Limited Liability Company owns 6,332 shares for 0.05% of their portfolio. Rnc Management Limited Liability Corporation holds 0.01% or 1,077 shares in its portfolio. Moreover, Martingale Asset Mngmt L P has 0.01% invested in Costco Wholesale Corporation (NASDAQ:COST). Mraz Amerine And Assoc owns 2,469 shares. Adell Harriman & Carpenter has 0.24% invested in Costco Wholesale Corporation (NASDAQ:COST) for 6,050 shares. Arete Wealth Advsr Ltd holds 2,745 shares or 0.17% of its portfolio. Transamerica Advsrs Inc holds 39,778 shares or 0.98% of its portfolio. Ww Investors reported 8.61M shares. General American Investors Inc reported 118,781 shares stake. Joel Isaacson And Limited Liability Company owns 1,567 shares or 0.05% of their US portfolio. Godsey & Gibb Assoc invested 2.42% in Costco Wholesale Corporation (NASDAQ:COST). Da Davidson & Co reported 0.38% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Suntrust Banks Inc stated it has 216,479 shares.

Since December 18, 2017, it had 0 buys, and 15 sales for $22.24 million activity. Shares for $3.86 million were sold by LIBENSON RICHARD M. The insider MEISENBACH JOHN W sold 3,000 shares worth $560,730. 6,985 shares were sold by MOULTON PAUL G, worth $1.31M on Monday, January 8. Another trade for 12,000 shares valued at $2.21M was made by Rose Timothy L. on Thursday, March 22. Vachris Roland Michael sold $977,510 worth of stock or 5,200 shares. On Monday, January 8 Hines Daniel M. sold $943,080 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares.

Analysts expect Costco Wholesale Corporation (NASDAQ:COST) to report $1.67 EPS on May, 31 after the close.They anticipate $0.27 EPS change or 19.29 % from last quarter’s $1.4 EPS. COST’s profit would be $732.83M giving it 29.92 P/E if the $1.67 EPS is correct. After having $1.42 EPS previously, Costco Wholesale Corporation’s analysts see 17.61 % EPS growth. The stock increased 0.57% or $1.14 during the last trading session, reaching $199.85. About 1.61 million shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 17, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Among 17 analysts covering Costco (NASDAQ:COST), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Costco had 25 analyst reports since November 22, 2017 according to SRatingsIntel. Susquehanna maintained the stock with “Buy” rating in Tuesday, January 23 report. The firm has “Hold” rating by Guggenheim given on Friday, December 15. The rating was maintained by Tigress Financial on Friday, January 5 with “Buy”. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by RBC Capital Markets on Friday, December 15. The rating was maintained by RBC Capital Markets on Thursday, March 8 with “Buy”. The firm has “Hold” rating given on Wednesday, November 22 by Guggenheim. The rating was maintained by Jefferies with “Hold” on Friday, December 15. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, January 4 report. Robert W. Baird maintained the stock with “Buy” rating in Thursday, March 8 report. The company was maintained on Thursday, December 14 by Robert W. Baird.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $87.70 billion. It offers branded and private-label products in a range of merchandise categories. It has a 29.79 P/E ratio. The firm provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, deli, and produces; and apparel and small appliances.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Investorplace.com which released: “Is Prime Really Beating Costco Wholesale Corporation?” on April 24, 2018, also Nasdaq.com with their article: “What Costco’s 14% Dividend Boost Means” published on May 01, 2018, Finance.Yahoo.com published: “Trade of the Day: Costco Wholesale Corporation Leads the Breakout” on May 17, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: 247Wallst.com and their article: “Volvo Offers Employee New Car Pricing to Costco Members” published on May 04, 2018 as well as Seekingalpha.com‘s news article titled: “Costco Wholesale: Adapting To The Changing Landscape” with publication date: April 18, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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