S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:COST

Costco Wholesale - COST Stock Forecast, Price & News

$540.67
-2.61 (-0.48%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$533.35
$541.60
50-Day Range
$446.69
$547.01
52-Week Range
$406.51
$612.27
Volume
1.71 million shs
Average Volume
2.27 million shs
Market Capitalization
$239.50 billion
P/E Ratio
42.57
Dividend Yield
0.67%
Price Target
$576.68

Costco Wholesale MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.84 Rating Score
Upside/​Downside
6.7% Upside
$576.68 Price Target
Short Interest
Healthy
0.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.66
Upright™ Environmental Score
News Sentiment
0.34mentions of Costco Wholesale in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$2.61 M Sold Last Quarter
Proj. Earnings Growth
9.89%
From $13.04 to $14.33 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Retail/Wholesale Sector

61st out of 262 stocks

Variety Stores Industry

5th out of 12 stocks

COST stock logo

About Costco Wholesale (NASDAQ:COST) Stock

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company offers sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco and deli products; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. It also operates pharmacies, opticals, food courts, hearing-aid centers, and tire installation centers, as well as 636 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of August 29, 2021, the company operated 815 membership warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

Costco Wholesale Stock Down 0.5 %

Shares of COST traded down $2.61 on Friday, reaching $540.67. The company's stock had a trading volume of 1,711,488 shares, compared to its average volume of 2,268,652. The company has a current ratio of 1.04, a quick ratio of 0.48 and a debt-to-equity ratio of 0.32. Costco Wholesale has a twelve month low of $406.51 and a twelve month high of $612.27. The stock has a market capitalization of $239.50 billion, a PE ratio of 42.57, a PEG ratio of 4.51 and a beta of 0.69. The firm has a fifty day moving average of $492.92 and a 200-day moving average of $515.30.

Costco Wholesale (NASDAQ:COST - Get Rating) last posted its earnings results on Thursday, May 26th. The retailer reported $3.17 earnings per share for the quarter, topping analysts' consensus estimates of $3.00 by $0.17. The company had revenue of $52.60 billion for the quarter, compared to analyst estimates of $51.49 billion. Costco Wholesale had a net margin of 2.60% and a return on equity of 29.71%. The firm's revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.75 EPS. Equities analysts predict that Costco Wholesale will post 13.04 EPS for the current year.

Costco Wholesale Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Shareholders of record on Friday, July 29th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, July 28th. This represents a $0.36 annualized dividend and a yield of 0.07%. Costco Wholesale's dividend payout ratio (DPR) is 28.35%.

Analysts Set New Price Targets

Several analysts recently weighed in on COST shares. BMO Capital Markets reissued a "buy" rating and issued a $580.00 price objective on shares of Costco Wholesale in a research note on Monday, May 30th. Citigroup boosted their price objective on shares of Costco Wholesale from $510.00 to $545.00 in a research note on Thursday. Loop Capital reduced their price objective on shares of Costco Wholesale from $650.00 to $610.00 and set a "buy" rating on the stock in a research note on Friday, May 27th. Truist Financial boosted their price objective on shares of Costco Wholesale from $543.00 to $571.00 in a research note on Thursday. Finally, Tigress Financial boosted their price objective on shares of Costco Wholesale from $520.00 to $678.00 in a research note on Thursday, April 14th. Four research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat, Costco Wholesale currently has an average rating of "Moderate Buy" and a consensus price target of $576.68.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, VP James P. Murphy sold 2,500 shares of the stock in a transaction dated Wednesday, June 22nd. The shares were sold at an average price of $464.00, for a total value of $1,160,000.00. Following the completion of the sale, the vice president now owns 37,730 shares in the company, valued at approximately $17,506,720. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Mary Agnes Wilderotter acquired 850 shares of the stock in a transaction dated Tuesday, June 7th. The shares were purchased at an average price of $470.74 per share, for a total transaction of $400,129.00. Following the transaction, the director now owns 11,295 shares in the company, valued at approximately $5,317,008.30. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP James P. Murphy sold 2,500 shares of the firm's stock in a transaction on Wednesday, June 22nd. The shares were sold at an average price of $464.00, for a total transaction of $1,160,000.00. Following the sale, the vice president now owns 37,730 shares in the company, valued at approximately $17,506,720. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,300 shares of company stock worth $2,609,904. Insiders own 0.22% of the company's stock.

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COST Stock News Headlines

BJ’s Wholesale Club Stock Has More Room to Grow (COST)
Membership warehouse club operator BJ’s Wholesale Club Holdings (NYSE: BJ) stock is one of the rare stocks actually trading up 3% for 2022.
Lackluster Results Provide An Opportunity In Tractor Supply Company (COST)
Tractor Supply Company (NASDAQ: TSCO) reported better than expected Q2 results and raised the guidance and yet shares fell because of it. Shares fell because the results and guidance, while favorable, are lackluster in regard to the analyst's estimate.
3 Grocery Stocks That Can Help Take a Bite Out of Inflation
Grocery stocks are among the best defensive stocks for investors to buy during a bear market. Here are three best-in-class stocks that have pricing power to withstand a recession
Wall Street ends winning week with mixed close on jobs data
Wall Street is closing out a winning week with a sputtering finish on Friday, as stocks waffled following a stronger-than-expected report on the U.S. jobs market
Wall Street wavers after surprisingly strong jobs report
Stocks are swinging between small gains and losses as Wall Street works out what to make of a surprisingly strong report on the U.S. jobs market
Costco Wholesale (NASDAQ:COST) Price Target Raised to $571.00
Costco May Have a Huge Workers Problem
Costco Wholesale (NASDAQ:COST) PT Raised to $600.00
eBay To $59? Plus Goldman Sachs Predicts This PT For Costco Wholesale
Is Costco Stock Worth Paying Up for?
Costco Gold Star Membership
See More Headlines
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COST Company Calendar

Ex-Dividend for 5/13 Dividend
4/28/2022
Dividend Payable
5/13/2022
Last Earnings
5/26/2022
Ex-Dividend for 8/12 Dividend
7/28/2022
Today
8/07/2022
Dividend Payable
8/12/2022
Fiscal Year End
8/31/2022
Next Earnings (Confirmed)
9/22/2022

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
Current Symbol
NASDAQ:COST
CUSIP
22160K10
Employees
288,000
Year Founded
1983

Price Target and Rating

Average Stock Price Forecast
$576.68
High Stock Price Forecast
$678.00
Low Stock Price Forecast
$423.00
Forecasted Upside/Downside
+6.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84
Research Coverage
25 Analysts

Profitability

Net Income
$5.01 billion
Pretax Margin
3.50%

Debt

Sales & Book Value

Annual Sales
$195.93 billion
Cash Flow
$15.17 per share
Book Value
$40.92 per share

Miscellaneous

Free Float
441,988,000
Market Cap
$239.50 billion
Optionable
Optionable
Beta
0.69

Social Links















COST Stock - Frequently Asked Questions

Should I buy or sell Costco Wholesale stock right now?

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last twelve months. There are currently 4 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Costco Wholesale stock.
View analyst ratings for Costco Wholesale
or view top-rated stocks.

What is Costco Wholesale's stock price forecast for 2022?

25 brokerages have issued 12 month price targets for Costco Wholesale's stock. Their COST stock forecasts range from $423.00 to $678.00. On average, they anticipate Costco Wholesale's share price to reach $576.68 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price.
View analysts' price targets for Costco Wholesale
or view top-rated stocks among Wall Street analysts.

How has Costco Wholesale's stock price performed in 2022?

Costco Wholesale's stock was trading at $567.70 at the beginning of 2022. Since then, COST stock has decreased by 4.8% and is now trading at $540.67.
View the best growth stocks for 2022 here
.

When is Costco Wholesale's next earnings date?

Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, September 22nd 2022.
View our earnings forecast for Costco Wholesale
.

How can I listen to Costco Wholesale's earnings call?

Costco Wholesale will be holding an earnings conference call on Thursday, September 22nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Costco Wholesale's earnings last quarter?

Costco Wholesale Co. (NASDAQ:COST) issued its earnings results on Thursday, May, 26th. The retailer reported $3.17 EPS for the quarter, topping the consensus estimate of $3.00 by $0.17. The retailer had revenue of $52.60 billion for the quarter, compared to analysts' expectations of $51.49 billion. Costco Wholesale had a trailing twelve-month return on equity of 29.71% and a net margin of 2.60%. The business's revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.75 EPS.
Read Costco Wholesale's conference call transcript
.

How often does Costco Wholesale pay dividends? What is the dividend yield for Costco Wholesale?

Costco Wholesale announced a quarterly dividend on Wednesday, July 13th. Investors of record on Friday, July 29th will be given a dividend of $0.09 per share on Friday, August 12th. This represents a $0.36 dividend on an annualized basis and a yield of 0.07%. The ex-dividend date of this dividend is Thursday, July 28th.
View Costco Wholesale's dividend history
.

Is Costco Wholesale a good dividend stock?

Costco Wholesale(NASDAQ:COST) pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.67%. Costco Wholesale has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Costco Wholesale is 28.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Costco Wholesale will have a dividend payout ratio of 25.12% next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.
View Costco Wholesale's dividend history.

How were Costco Wholesale's same store sales last quarter?

Costco Wholesale same store sales climbed 10% during the month of July. Costco Wholesale shares climbed by 0% in the first day of trading following the news.

What is Craig Jelinek's approval rating as Costco Wholesale's CEO?

3,447 employees have rated Costco Wholesale CEO Craig Jelinek on Glassdoor.com. Craig Jelinek has an approval rating of 92% among Costco Wholesale's employees. This puts Craig Jelinek in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Costco Wholesale own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Costco Wholesale investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Home Depot (HD), Netflix (NFLX), Visa (V), Johnson & Johnson (JNJ), Tesla (TSLA), Walmart (WMT) and Boeing (BA).

What is Costco Wholesale's stock symbol?

Costco Wholesale trades on the NASDAQ under the ticker symbol "COST."

Who are Costco Wholesale's major shareholders?

Costco Wholesale's stock is owned by many different institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (0.74%), Parnassus Investments LLC (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Brown Advisory Inc. (0.27%), Everett Harris & Co. CA (0.20%) and TD Asset Management Inc. (0.20%). Company insiders that own Costco Wholesale stock include Claudine Adamo, Daniel M Hines, James C Klauer, James C Klauer, James P Murphy, Joseph P Portera, Kenneth D Denman, Mary Agnes Wilderotter, Patrick J Callans, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Susan L Decker and Timothy L Rose.
View institutional ownership trends for Costco Wholesale
.

How do I buy shares of Costco Wholesale?

Shares of COST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Costco Wholesale's stock price today?

One share of COST stock can currently be purchased for approximately $540.67.

How much money does Costco Wholesale make?

Costco Wholesale (NASDAQ:COST) has a market capitalization of $239.50 billion and generates $195.93 billion in revenue each year. The retailer earns $5.01 billion in net income (profit) each year or $12.70 on an earnings per share basis.

How many employees does Costco Wholesale have?

Costco Wholesale employs 288,000 workers across the globe.

Does Costco Wholesale have any subsidiaries?

The following companies are subsidiares of Costco Wholesale: Costco De Mexico S.A. de C.V., Costco Insurance Agency Inc., Costco President Taiwan Inc., Costco Wholesale Canada Ltd., Costco Wholesale Japan Ltd., Costco Wholesale Korea Ltd., Costco Wholesale Membership Inc., Costco Wholesale United Kingdom Ltd., Innovel Solutions, NW Re Ltd., and PriceCostco International Inc..
Read More

When was Costco Wholesale founded?

Costco Wholesale was founded in 1983.

How can I contact Costco Wholesale?

Costco Wholesale's mailing address is 999 LAKE DRIVE, ISSAQUAH WA, 98027. The official website for Costco Wholesale is www.costco.com. The retailer can be reached via phone at (425) 313-8100, via email at investor@costco.com, or via fax at 425-313-6593.

This page (NASDAQ:COST) was last updated on 8/7/2022 by MarketBeat.com Staff

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