EPS for Costco Wholesale Corporation (COST) Expected At $1.67

May 25, 2018 - By Linda Rogers

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment decreased to 0.98 in Q4 2017. Its down 0.21, from 1.19 in 2017Q3. It is negative, 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.
Motco invested in 26,866 shares or 0.5% of the stock. Inverness Counsel Ltd Liability Corp Ny stated it has 3,910 shares. Nuwave Investment Management Limited Co owns 0.72% invested in Costco Wholesale Corporation (NASDAQ:COST) for 3,272 shares. Moreover, Citizens And Northern has 0.8% invested in Costco Wholesale Corporation (NASDAQ:COST). Confluence Investment Management Lc holds 0% or 1,310 shares. Bridges Counsel holds 0.16% or 1,550 shares. Colony Gru Ltd Liability stated it has 0.16% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Comerica National Bank & Trust holds 0.19% or 145,212 shares in its portfolio. C M Bidwell Assocs reported 2,450 shares. Nordea Investment holds 22,561 shares. Markel reported 39,000 shares. Woodmont Invest Counsel Lc invested in 11,199 shares or 0.54% of the stock. Gould Asset Ltd Ca holds 0.12% or 1,446 shares. Moreover, Ckw Fincl Grp Inc has 0.02% invested in Costco Wholesale Corporation (NASDAQ:COST). Parallax Volatility Advisers L P has 69,480 shares.

Since December 18, 2017, it had 0 buys, and 15 insider sales for $22.24 million activity. On Tuesday, May 1 MEISENBACH JOHN W sold $589,470 worth of Costco Wholesale Corporation (NASDAQ:COST) or 3,000 shares. Another trade for 12,000 shares valued at $2.21 million was made by Rose Timothy L. on Thursday, March 22. GALANTI RICHARD A also sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. Murphy James P. sold 5,000 shares worth $937,421. On Monday, January 8 the insider Hines Daniel M. sold $943,080. 20,000 shares were sold by LIBENSON RICHARD M, worth $3.86 million.

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 29.77 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 0.38% or $0.75 during the last trading session, reaching $198.89. About 960,663 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 25, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Among 18 analysts covering Costco (NASDAQ:COST), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Costco has $230.0 highest and $175.0 lowest target. $206.43’s average target is 3.79% above currents $198.89 stock price. Costco had 25 analyst reports since November 30, 2017 according to SRatingsIntel. RBC Capital Markets maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 15 with “Buy” rating. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Cowen & Co on Friday, December 15. The stock has “Buy” rating by Oppenheimer on Monday, January 8. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 4. The company was initiated on Wednesday, May 16 by Loop Capital Markets. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given on Tuesday, December 5 by Raymond James. The stock has “Buy” rating by BMO Capital Markets on Wednesday, January 24. Robert W. Baird maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Thursday, December 14. Robert W. Baird has “Buy” rating and $215.0 target. The company was maintained on Friday, December 15 by Jefferies. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, December 18 report.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $87.28 billion. It offers branded and private-label products in a range of merchandise categories. It has a 29.65 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: Globenewswire.com which released: “Costco Auto Program Announces Nationwide Special Offer with Volvo” on May 04, 2018, also Marketwatch.com with their article: “Opinion: Want to get in on BJ’s IPO? Buy Costco’s stock instead” published on May 23, 2018, Investorplace.com published: “A Cost-Saving Breakout Strategy for Costco Wholesale Corporation” on May 18, 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 Finance.Yahoo.com‘s news article titled: “Trade of the Day: Costco Wholesale Corporation Leads the Breakout” with publication date: May 17, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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