FY2027 Earnings Forecast for COST Issued By William Blair

Costco Wholesale Corporation (NASDAQ:COST) – William Blair issued their FY2027 earnings per share (EPS) estimates for Costco Wholesale in a research report issued to clients and investors on Friday, September 26th. William Blair analyst P. Blee expects that the retailer will earn $22.00 per share for the year. The consensus estimate for Costco Wholesale’s current full-year earnings is $18.03 per share.

COST has been the topic of several other reports. Wall Street Zen raised Costco Wholesale from a “hold” rating to a “buy” rating in a research note on Friday, June 6th. The Goldman Sachs Group upped their price target on Costco Wholesale from $1,333.00 to $1,418.00 and gave the stock a “buy” rating in a research note on Friday. Erste Group Bank downgraded Costco Wholesale from a “buy” rating to a “hold” rating in a report on Tuesday, August 5th. DA Davidson reissued a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a report on Friday. Finally, Truist Financial dropped their target price on Costco Wholesale from $1,042.00 to $1,033.00 and set a “hold” rating on the stock in a report on Friday. Seventeen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,069.58.

Costco Wholesale Price Performance

Shares of COST stock opened at $915.95 on Monday. The stock has a market cap of $406.21 billion, a price-to-earnings ratio of 50.30, a PEG ratio of 5.15 and a beta of 0.97. The business’s fifty day moving average is $955.70 and its 200 day moving average is $971.63. Costco Wholesale has a twelve month low of $867.16 and a twelve month high of $1,078.23. The company has a quick ratio of 0.55, a current ratio of 1.03 and a debt-to-equity ratio of 0.20.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, September 25th. The retailer reported $5.87 earnings per share for the quarter, topping the consensus estimate of $5.81 by $0.06. The company had revenue of $86.16 billion for the quarter, compared to analysts’ expectations of $86.01 billion. Costco Wholesale had a return on equity of 30.09% and a net margin of 2.94%.The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm earned $5.15 earnings per share.

Costco Wholesale Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 1st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a $5.20 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is 28.56%.

Insider Buying and Selling at Costco Wholesale

In related news, EVP Teresa A. Jones sold 600 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $992.05, for a total transaction of $595,230.00. Following the sale, the executive vice president directly owned 2,362 shares of the company’s stock, valued at $2,343,222.10. This trade represents a 20.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Yoram Rubanenko sold 4,000 shares of the stock in a transaction on Monday, July 14th. The shares were sold at an average price of $974.96, for a total value of $3,899,840.00. Following the sale, the executive vice president directly owned 5,774 shares in the company, valued at $5,629,419.04. This trade represents a 40.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.18% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Bulwark Capital Corp purchased a new position in Costco Wholesale in the second quarter worth about $25,000. LFA Lugano Financial Advisors SA purchased a new position in Costco Wholesale in the second quarter worth about $31,000. Anderson Financial Strategies LLC boosted its position in Costco Wholesale by 900.0% in the first quarter. Anderson Financial Strategies LLC now owns 40 shares of the retailer’s stock worth $38,000 after purchasing an additional 36 shares during the last quarter. Financial Connections Group Inc. boosted its position in Costco Wholesale by 975.0% in the second quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock worth $42,000 after purchasing an additional 39 shares during the last quarter. Finally, Frazier Financial Advisors LLC boosted its position in Costco Wholesale by 72.0% in the second quarter. Frazier Financial Advisors LLC now owns 43 shares of the retailer’s stock worth $43,000 after purchasing an additional 18 shares during the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

About Costco Wholesale

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.