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

May 17, 2018 - By Peter Erickson

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment decreased to 0.98 in 2017 Q4. Its down 0.21, from 1.19 in 2017Q3. It fall, 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.
Colorado-based Rocky Mountain Advisers Limited Liability Company has invested 0.03% in Costco Wholesale Corporation (NASDAQ:COST). Spinnaker accumulated 1,510 shares. World Asset Mgmt invested in 41,523 shares. 141,826 are owned by Cibc World Markets Corp. Washington Commercial Bank owns 53,331 shares. Brookstone Cap Management has invested 0.04% in Costco Wholesale Corporation (NASDAQ:COST). Stralem And Incorporated reported 5,000 shares. Girard Prns invested 0.17% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Peregrine Asset Advisers has invested 3.14% in Costco Wholesale Corporation (NASDAQ:COST). Trustees Of Dartmouth College invested in 176 shares. Jnba Fincl Advisors has invested 0% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Assetmark Inc has 0% invested in Costco Wholesale Corporation (NASDAQ:COST) for 564 shares. Cetera Advsr Ltd Liability Co holds 0.08% or 7,130 shares in its portfolio. Advantus Mngmt Incorporated has invested 0.2% in Costco Wholesale Corporation (NASDAQ:COST). Shelton Management holds 45,366 shares.

Since December 18, 2017, it had 0 insider purchases, and 15 insider sales for $22.24 million activity. 12,393 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $2.41M were sold by Miller Russell D. Murphy James P. sold $937,421 worth of stock. The insider MEISENBACH JOHN W sold $573,930. MOULTON PAUL G had sold 11,674 shares worth $2.21 million on Monday, March 12. Another trade for 5,000 shares valued at $966,000 was sold by Rose Timothy L.. The insider Hines Daniel M. sold $943,080.

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 $732.83 million giving it 29.75 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 1.65% or $3.23 during the last trading session, reaching $198.71. About 1.77M 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. On Monday, April 16 the stock rating was upgraded by Wells Fargo to “Outperform”. The stock has “Buy” rating by Raymond James on Tuesday, December 5. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given on Thursday, March 8 by RBC Capital Markets. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Outperform” rating given on Monday, December 18 by BMO Capital Markets. The company was maintained on Friday, December 15 by Guggenheim. The company was maintained on Friday, December 15 by Cowen & Co. Oppenheimer maintained it with “Buy” rating and $210.0 target in Monday, January 8 report. The rating was maintained by Tigress Financial on Friday, January 5 with “Buy”. Guggenheim maintained Costco Wholesale Corporation (NASDAQ:COST) on Wednesday, November 22 with “Hold” rating. Susquehanna maintained Costco Wholesale Corporation (NASDAQ:COST) on Tuesday, January 23 with “Buy” rating.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $87.20 billion. It offers branded and private-label products in a range of merchandise categories. It has a 29.62 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: 247Wallst.com which released: “Volvo Offers Employee New Car Pricing to Costco Members” on May 04, 2018, also Investorplace.com with their article: “Is Prime Really Beating Costco Wholesale Corporation?” published on April 24, 2018, Nasdaq.com published: “Why Blue Apron Holding Inc Stock Sold Off Today” on May 10, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Globenewswire.com and their article: “Costco Wholesale Corporation Reports April Sales Results” published on May 10, 2018 as well as Fool.com‘s news article titled: “3 Reasons to Buy Kraft Heinz Stock, 1 Reason to Sell” with publication date: May 16, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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