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

May 17, 2018 - By reb123z

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment decreased to 0.98 in 2017 Q4. Its down 0.21, from 1.19 in 2017Q3. It dived, 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.
Capstone Financial Advsr has 4,088 shares for 0.28% of their portfolio. Intersect Cap Llc, a California-based fund reported 3,906 shares. Captrust Advisors has 0.08% invested in Costco Wholesale Corporation (NASDAQ:COST). Hl Financial Svcs Ltd Liability holds 0.29% in Costco Wholesale Corporation (NASDAQ:COST) or 81,426 shares. Sit accumulated 69,965 shares or 0.31% of the stock. First Interstate Bancshares invested 1.46% in Costco Wholesale Corporation (NASDAQ:COST). Tctc Hldgs Limited Company has invested 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 1,370 were reported by Sadoff Inv Ltd. Oakworth Cap accumulated 548 shares. Earnest Prns Limited Company owns 225 shares for 0% of their portfolio. Ballentine Prtn Llc has invested 0.06% in Costco Wholesale Corporation (NASDAQ:COST). Moreover, Virtus Inv Advisers has 0.06% invested in Costco Wholesale Corporation (NASDAQ:COST) for 11,757 shares. Empirical Fincl Svcs Ltd Llc invested 0.14% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Pecaut & holds 12,130 shares. The New Hampshire-based Harvest Cap Inc has invested 0.15% in Costco Wholesale Corporation (NASDAQ:COST).

Since December 18, 2017, it had 0 insider buys, and 15 insider sales for $22.24 million activity. MOULTON PAUL G also sold $1.31 million worth of Costco Wholesale Corporation (NASDAQ:COST) shares. $580,230 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by MEISENBACH JOHN W. On Friday, December 22 GALANTI RICHARD A sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares. On Friday, January 5 Murphy James P. sold $937,421 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares. The insider Rose Timothy L. sold $966,000. 5,000 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $943,080 were sold by Hines Daniel M..

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. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Outperform” rating by BMO Capital Markets on Monday, December 18. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, November 30. The company was maintained on Thursday, April 12 by Robert W. Baird. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, January 4. The stock has “Hold” rating by Guggenheim on Wednesday, November 22. Susquehanna maintained it with “Buy” rating and $230.0 target in Tuesday, January 23 report. On Wednesday, January 24 the stock rating was maintained by BMO Capital Markets with “Buy”. The rating was maintained by Jefferies with “Hold” on Friday, December 15. The stock has “Outperform” rating by Wells Fargo on Monday, April 16. Cowen & Co maintained the stock with “Buy” rating in Friday, December 15 report.

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: Seekingalpha.com which released: “Costco Wholesale: Adapting To The Changing Landscape” on April 18, 2018, also Nasdaq.com with their article: “Walmart Inc Chases Its Great White Whale to India” published on May 10, 2018, Globenewswire.com published: “Costco Auto Program Announces Nationwide Special Offer with Volvo” on May 04, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: “Costco – The Magical Warehouse” published on April 17, 2018 as well as 247Wallst.com‘s news article titled: “Volvo Offers Employee New Car Pricing to Costco Members” with publication date: May 04, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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