Costco Wholesale Corporation (COST) Analysts See $2.31 EPS

September 16, 2018 - By Kyle Williams

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment increased to 1.11 in 2018 Q2. Its up 0.19, from 0.92 in 2018Q1. It is positive, as 36 investors sold Costco Wholesale Corporation shares while 406 reduced holdings. 109 funds opened positions while 380 raised stakes. 305.79 million shares or 0.18% more from 305.24 million shares in 2018Q1 were reported.
Gam Hldgs Ag reported 0.05% in Costco Wholesale Corporation (NASDAQ:COST). Meristem Llp has invested 0.08% in Costco Wholesale Corporation (NASDAQ:COST). Argi Investment Lc reported 0.03% in Costco Wholesale Corporation (NASDAQ:COST). Bridges Mngmt holds 27,770 shares or 0.26% of its portfolio. The Ontario – Canada-based 1832 Asset Management L P has invested 1.33% in Costco Wholesale Corporation (NASDAQ:COST). Duncker Streett holds 0.15% or 2,942 shares. Enterprise Fincl Services Corp has invested 0.06% in Costco Wholesale Corporation (NASDAQ:COST). Moreover, Synovus Financial Corporation has 0.09% invested in Costco Wholesale Corporation (NASDAQ:COST). Atlanta Capital Com L L C reported 0.02% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Tiedemann Advisors Ltd Liability Corporation has invested 0.09% in Costco Wholesale Corporation (NASDAQ:COST). Balasa Dinverno & Foltz Ltd Llc reported 2,408 shares or 0.07% of all its holdings. Warren Averett Asset Management Ltd Liability holds 6,214 shares or 0.2% of its portfolio. Barometer Mgmt holds 108,300 shares. Everett Harris And Communication Ca reported 918,477 shares. Manchester Cap Mngmt Ltd Limited Liability Company accumulated 3,326 shares.

Since March 22, 2018, it had 0 insider purchases, and 12 insider sales for $14.57 million activity. On Wednesday, June 13 Rose Timothy L. sold $512,970 worth of Costco Wholesale Corporation (NASDAQ:COST) or 2,500 shares. $498,315 worth of stock was sold by GALANTI RICHARD A on Friday, June 15. Hines Daniel M. sold $1.43M worth of stock. $3.29 million worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Murphy James P. on Monday, July 23. Shares for $2.41M were sold by Miller Russell D. MOULTON PAUL G sold $1.16M worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, June 18.

Analysts expect Costco Wholesale Corporation (NASDAQ:COST) to report $2.31 EPS on October, 4.They anticipate $0.23 EPS change or 11.06 % from last quarter’s $2.08 EPS. COST’s profit would be $1.01 billion giving it 25.47 P/E if the $2.31 EPS is correct. After having $1.70 EPS previously, Costco Wholesale Corporation’s analysts see 35.88 % EPS growth. The stock decreased 2.44% or $5.89 during the last trading session, reaching $235.38. About 3.88M shares traded or 105.36% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 51.49% since September 16, 2017 and is uptrending. It has outperformed by 35.87% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Among 12 analysts covering Costco (NASDAQ:COST), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Costco had 19 analyst reports since April 12, 2018 according to SRatingsIntel. As per Friday, June 1, the company rating was maintained by Citigroup. JP Morgan maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, June 1 with “Overweight” rating. The stock has “Buy” rating by Susquehanna on Thursday, April 12. Wells Fargo maintained the shares of COST in report on Thursday, July 12 with “Outperform” rating. The stock has “Buy” rating by Robert W. Baird on Thursday, June 7. The firm has “Outperform” rating given on Tuesday, July 17 by Raymond James. The firm earned “Outperform” rating on Monday, September 10 by BMO Capital Markets. The company was maintained on Friday, June 15 by Cowen & Co. The firm has “Market Perform” rating by Wells Fargo given on Friday, September 14. Citigroup maintained Costco Wholesale Corporation (NASDAQ:COST) on Monday, July 23 with “Buy” rating.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $103.22 billion. It offers branded and private-label products in a range of merchandise categories. It has a 34.47 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 Corporation (COST) August 2018 Sales Results Conference Call (Transcript)” on September 07, 2018, also Nasdaq.com with their article: “3 Retailer Stocks You Don’t Have to Babysit” published on August 26, 2018, Nasdaq.com published: “Costco Wholesale Corporation (COST) Ex-Dividend Date Scheduled for August 30, 2018” on August 29, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Fool.com and their article: “3 Warren Buffett Stocks Worth Buying Now” published on September 16, 2018 as well as Seekingalpha.com‘s news article titled: “Analysts rave about Costco” with publication date: August 21, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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