Costco Wholesale Corporation (COST) Analysts See $1.67 EPS on May, 31

May 16, 2018 - By James Douglas

Costco Wholesale Corporation (NASDAQ:COST) Corporate Logo
During Q4 2017 the big money sentiment decreased to 0.98. That’s change of 0.21, from 2017Q3’s 1.19. 64 investors sold all, 442 reduced holdings as Costco Wholesale Corporation ratio is negative. 364 grew holdings while 134 funds acquired holdings. Funds hold 308.22 million shares thus 1.23% more from 2017Q3’s 304.48 million shares.
Jump Trading Llc reported 958 shs. Private Ocean Ltd Limited Liability Company, a California-based fund reported 17 shs. Family Firm Inc owns 1,267 shs. Homrich And Berg has 0.02% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,768 shs. United Serv Automobile Association reported 250,794 shs. 28,452 are held by Gamble Jones Counsel. Ruane Cunniff Goldfarb stated it has 21,150 shs or 0.03% of all its holdings. Gfs Advisors Ltd Company stated it has 1,774 shs. Cypress Capital Management Limited Liability Co (Wy) holds 2,830 shs. Oakworth Cap owns 548 shs or 0.02% of their US capital. 3,000 were accumulated by Telemus Cap. First In holds 0.03% or 285 shs. Rand Wealth accumulated 26,311 shs. Arcadia Mgmt Mi owns 43,926 shs for 2.29% of their capital. Johnson Inv Counsel reported 11,753 shs or 0.05% of all its holdings.

Costco Wholesale Corporation registered $22.24 million net activity with 0 insider buys and 15 insider sales since December 18, 2017. $943,080 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Hines Daniel M. on Monday, January 8. GALANTI RICHARD A also sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 22. On Monday, January 8 Vachris Roland Michael sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,200 shs. MEISENBACH JOHN W had sold 3,000 shs worth $580,230 on Thursday, February 1. LIBENSON RICHARD M sold 20,000 shs worth $3.86M. Murphy James P. had sold 5,000 shs worth $937,421.

Costco Wholesale Corporation (NASDAQ:COST)’s quarterly earnings will be announced on May, 31 after the close., according to Faxor. The EPS diference is $0.27 or 19.29 % up from last years number. Previous year: $1.4; Analysts forcast: $1.67. COST’s profit could reach $732.83 million if the current EPS of $1.67 is accurate. After $1.42 EPS was announced previous quarter, analysts now see EPS growth of 17.61 % for Costco Wholesale Corporation. COST hit $198.71 during the last trading session after $3.23 change.Costco Wholesale Corporation has volume of 1.77 million shares. Since May 17, 2017 COST has risen 14.69% and is uptrending. COST outperformed the S&P500 by 3.14%.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

A total of 17 analysts rate Costco (NASDAQ:COST) as follows: 14 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 82% are bullish. (NASDAQ:COST) has 25 ratings reports on May 17, 2018 according to StockzIntelligence. On Thursday, March 8 RBC Capital Markets maintained the shares of COST in report with “Buy” rating. On Thursday, April 12 the rating was maintained by Robert W. Baird with “Buy”. The company rating was maintained by UBS on Thursday, May 3. On Monday, April 16 the firm earned “Outperform” rating by Wells Fargo. On Monday, December 18 the firm has “Outperform” rating given by BMO Capital Markets. In Monday, January 8 report Oppenheimer maintained it with “Buy” rating and $210.0 target. The stock rating was maintained by Jefferies with “Hold” on Friday, December 15. On Friday, December 15 the stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Hold” rating by Guggenheim. On Thursday, March 8 the stock has “Buy” rating by Robert W. Baird. On Tuesday, January 23 the stock has “Buy” rating by Susquehanna.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses.The firm is valued at $87.20 billion. It offers branded and private-label products in a range of merchandise categories.The P/E ratio is 29.62. 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.

For more Costco Wholesale Corporation (NASDAQ:COST) news announced recently go to: Investorplace.com, Globenewswire.com, Streetinsider.com, Globenewswire.com or 247Wallst.com. The titles are as follows: “Is Prime Really Beating Costco Wholesale Corporation?” announced on April 24, 2018, “Costco Wholesale Corporation Reports April Sales Results” on May 10, 2018, “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More…)” with a publish date: May 15, 2018, “Costco Auto Program Announces Nationwide Special Offer with Volvo” and the last “Volvo Offers Employee New Car Pricing to Costco Members” with publication date: May 04, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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