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

Costco Wholesale Co. (NASDAQ:COST) – Equities researchers at DA Davidson upped their FY2025 earnings per share estimates for Costco Wholesale in a note issued to investors on Friday, September 27th. DA Davidson analyst M. Baker now expects that the retailer will post earnings per share of $17.73 for the year, up from their prior forecast 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.

A number of other brokerages have also recently issued reports on COST. Melius Research assumed coverage on Costco Wholesale in a research note on Monday, September 23rd. They set a “hold” rating and a $950.00 price objective on the stock. Telsey Advisory Group raised their price objective on Costco Wholesale from $925.00 to $1,000.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. Deutsche Bank Aktiengesellschaft raised their price objective on Costco Wholesale from $925.00 to $927.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Wells Fargo & Company raised their price objective on Costco Wholesale from $800.00 to $850.00 and gave the company an “equal weight” rating in a research note on Friday, September 27th. Finally, Stifel Nicolaus raised their price objective on Costco Wholesale from $915.00 to $925.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $883.04.

Costco Wholesale Trading Down 1.0 %

NASDAQ COST opened at $877.38 on Monday. The stock’s 50-day simple moving average is $871.96 and its two-hundred day simple moving average is $819.44. Costco Wholesale has a twelve month low of $540.23 and a twelve month high of $923.83. The company has a market capitalization of $388.97 billion, a price-to-earnings ratio of 54.36, a PEG ratio of 5.47 and a beta of 0.80. The company has a quick ratio of 0.45, a current ratio of 0.94 and a debt-to-equity ratio of 0.27.

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 analysts’ consensus estimates of $5.05 by $0.10. Costco Wholesale had a return on equity of 30.02% and a net margin of 2.83%. The business had revenue of $79.70 billion for the quarter, compared to the consensus estimate of $79.91 billion. During the same quarter last year, the business posted $4.86 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis.

Hedge Funds Weigh In On Costco Wholesale

A number of hedge funds have recently added to or reduced their stakes in the company. Oak Asset Management LLC raised its holdings in Costco Wholesale by 0.3% in the 2nd quarter. Oak Asset Management LLC now owns 4,396 shares of the retailer’s stock worth $3,737,000 after acquiring an additional 12 shares during the last quarter. Peddock Capital Advisors LLC raised its holdings in Costco Wholesale by 0.7% in 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 last quarter. Bedel Financial Consulting Inc. raised its stake in Costco Wholesale by 1.3% during the 1st quarter. Bedel Financial Consulting Inc. now owns 995 shares of the retailer’s stock valued at $729,000 after buying an additional 13 shares during the last quarter. Boltwood Capital Management raised its stake in Costco Wholesale by 1.7% during the 2nd quarter. Boltwood Capital Management now owns 790 shares of the retailer’s stock valued at $671,000 after buying an additional 13 shares during the last quarter. Finally, LifePro Asset Management raised its stake in Costco Wholesale by 3.8% during the 2nd quarter. LifePro Asset Management now owns 358 shares of the retailer’s stock valued at $304,000 after buying an additional 13 shares during the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Susan L. Decker sold 620 shares of Costco Wholesale stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $876.50, for a total transaction of $543,430.00. Following the completion of the transaction, the director now directly owns 11,775 shares in the company, valued at $10,320,787.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Susan L. Decker sold 620 shares of Costco Wholesale stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $876.50, for a total transaction of $543,430.00. Following the completion of the transaction, the director now directly owns 11,775 shares in the company, valued at $10,320,787.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel M. Hines sold 1,500 shares of Costco Wholesale stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $844.20, for a total transaction of $1,266,300.00. Following the transaction, the insider now owns 12,492 shares of the company’s stock, valued at $10,545,746.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,974 shares of company stock worth $4,252,856. Insiders own 0.18% of the company’s stock.

Costco Wholesale Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 26th were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, July 26th. This represents a $4.64 annualized dividend and a yield of 0.53%. Costco Wholesale’s payout ratio is 28.75%.

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.