NASDAQ:COSTCostco Wholesale Stock Price, Forecast & News

$307.09

-1.20 (-0.39 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$304.72

Now: $307.09▼

$309.02

50-Day Range

$299.21

MA: $306.19▼

$321.56

52-Week Range

$238.08

Now: $307.09▼

$325.26

Volume2.53 million shs

Average Volume3.36 million shs

Market Capitalization$135.60 billion

P/E Ratio36.73

Dividend Yield0.91%

Beta0.7

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company 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. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and engages in the travel business. In addition, the company provides gold star individual and business membership services. As of September 2, 2018, it operated 762 membership warehouses, including 527 warehouses in the United States, 100 in Canada, 39 in Mexico, 28 in the United Kingdom, 26 in Japan, 15 in Korea, 13 in Taiwan, 10 in Australia, 2 in Spain, 1 in Iceland, and 1 in France. Further, the company sells its products through online. The company was formerly known as Costco Companies, Inc. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Costco Wholesale has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 19 buy ratings, 10 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $320.48, Costco Wholesale has a potential upside of 4.4% from its current price of $307.09.
Amount of Analyst Coverage
Costco Wholesale has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Costco Wholesale has received 1,548 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Costco Wholesale has received 1,088 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Costco Wholesale has received 58.73% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Costco Wholesale and other stocks. Vote “Outperform” if you believe COST will outperform the S&P 500 over the long term. Vote “Underperform” if you believe COST will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Costco Wholesale is a leading dividend payer. It pays a dividend yield of 0.91%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Costco Wholesale has been increasing its dividend for 16 years.
Dividend Coverage
The dividend payout ratio of Costco Wholesale is 34.19 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Costco Wholesale will have a dividend payout ratio of 30.37 % next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Costco Wholesale insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,308,656.00 in company stock.
Percentage Held by Insiders
Only 0.22% of the stock of Costco Wholesale is held by insiders.
Percentage Held by Institutions
68.87% of the stock of Costco Wholesale is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Costco Wholesale are expected to grow by 8.47% in the coming year, from $8.50 to $9.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Costco Wholesale is 36.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of Costco Wholesale is 36.73, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 43.03.
Price to Earnings Growth Ratio
Costco Wholesale has a PEG Ratio of 4.33. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Costco Wholesale has a P/B Ratio of 8.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.49 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Variety stores

Sub-IndustryHypermarkets & Super Centers

SectorRetail/Wholesale

Current SymbolNASDAQ:COST

Previous Symbol

CUSIP22160K10

CIK909832

Webwww.costco.com

Phone425-313-8100

Debt

Debt-to-Equity Ratio0.44

Current Ratio1.04

Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio36.73

Forward P/E Ratio36.13

P/E Growth4.33

Sales & Book Value

Annual Sales$152.70 billion

Price / Sales0.89

Cash Flow$11.59 per share

Price / Cash Flow26.49

Book Value$35.44 per share

Price / Book8.67

Profitability

EPS (Most Recent Fiscal Year)$8.19

Net Income$3.66 billion

Net Margins2.31%

Return on Equity22.92%

Return on Assets7.68%

Miscellaneous

Employees254,000

Outstanding Shares441,580,000

Market Cap$135.60 billion

Next Earnings Date10/1/2020 (Estimated)

OptionableOptionable

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Costco Wholesale (NASDAQ:COST) Frequently Asked Questions

How has Costco Wholesale's stock been impacted by COVID-19 (Coronavirus)?

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, COST shares have increased by 3.2% and is now trading at $307.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Costco Wholesale?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 1 sell rating, 10 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Costco Wholesale.

When is Costco Wholesale's next earnings date?

Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, October 1st 2020. View our earnings forecast for Costco Wholesale.

How were Costco Wholesale's earnings last quarter?

Costco Wholesale Co. (NASDAQ:COST) released its earnings results on Thursday, May, 28th. The retailer reported $1.89 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.92 by $0.03. The retailer had revenue of $36.45 billion for the quarter, compared to the consensus estimate of $36.66 billion. Costco Wholesale had a net margin of 2.31% and a return on equity of 22.92%. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 earnings per share. View Costco Wholesale's earnings history.

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

Costco Wholesale declared a quarterly dividend on Wednesday, April 15th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.70 per share on Friday, May 15th. This represents a $2.80 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Thursday, April 30th. This is a positive change from Costco Wholesale's previous quarterly dividend of $0.65. View Costco Wholesale's dividend history.

How will Costco Wholesale's stock buyback program work?

Costco Wholesale declared that its Board of Directors has approved a stock buyback plan on Friday, April 26th 2019, which allows the company to buyback $4,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

What price target have analysts set for COST?

30 equities research analysts have issued 1-year price objectives for Costco Wholesale's stock. Their forecasts range from $230.00 to $355.00. On average, they anticipate Costco Wholesale's share price to reach $320.48 in the next year. This suggests a possible upside of 4.4% from the stock's current price. View analysts' price targets for Costco Wholesale.

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

Costco Wholesale same store sales climbed 11.7% during the month of February. Costco Wholesale shares fell by 1.4% in the first day of trading following the news.

Has Costco Wholesale been receiving favorable news coverage?

Media stories about COST stock have been trending positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Costco Wholesale earned a news impact score of 2.6 on InfoTrie's scale. They also gave news headlines about the retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCostco Wholesale.

Who are some of Costco Wholesale's key competitors?

Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Dollar General (DG), Wal-mart de Mexico S A B de C V (WMMVY), Tesco (TSCDY), Dollar Tree (DLTR), Ollie's Bargain Outlet (OLLI), Five Below (FIVE), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ). View all competitors.

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), Netflix (NFLX), Home Depot (HD), Visa (V), Johnson & Johnson (JNJ), Boeing (BA), Tesla (TSLA) and Walmart (WMT).

Who are Costco Wholesale's key executives?

Costco Wholesale's management team includes the following people:

Mr. W. Craig Jelinek, Pres, CEO & Director (Age 67)
Mr. Richard A. Galanti, Exec. VP, CFO & Director (Age 63)
Mr. Paul G. Moulton, Exec. VP & Chief Information Officer (Age 68)
Mr. Joseph P. Portera, Exec. VP, COO of Eastern & Canadian Divisions and Chief Diversity Officer (Age 67)
Mr. James P. Murphy, Exec. VP & COO of International (Age 66)

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 a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.16%), Geode Capital Management LLC (1.45%), Capital Research Global Investors (1.38%), Capital World Investors (1.30%), Jennison Associates LLC (1.13%) and Capital International Investors (1.08%). Company insiders that own Costco Wholesale stock include Daniel M Hines, Franz E Lazarus, James C Klauer, James P Murphy, John W Meisenbach, Joseph P Portera, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Susan L Decker, Timothy L Rose and W Craig Jelinek. View institutional ownership trends for Costco Wholesale.

Which major investors are selling Costco Wholesale stock?

COST stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Johanson Financial Advisors Inc., Two Sigma Advisers LP, 1832 Asset Management L.P., Capital Research Global Investors, Wellington Management Group LLP, Janus Henderson Group PLC, and Squarepoint Ops LLC. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, James C Klauer, James P Murphy, Joseph P Portera, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, and Susan L Decker. View insider buying and selling activity for Costco Wholesale.

Which major investors are buying Costco Wholesale stock?

COST stock was acquired by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Invesco Ltd., The Manufacturers Life Insurance Company , APG Asset Management N.V., Swiss National Bank, Gateway Investment Advisers LLC, MERIAN GLOBAL INVESTORS UK Ltd, and APG Asset Management N.V.. View insider buying and selling activity for Costco Wholesale.

How do I buy shares of Costco Wholesale?

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

What is Costco Wholesale's stock price today?

One share of COST stock can currently be purchased for approximately $307.09.

How big of a company is Costco Wholesale?

Costco Wholesale has a market capitalization of $135.60 billion and generates $152.70 billion in revenue each year. The retailer earns $3.66 billion in net income (profit) each year or $8.19 on an earnings per share basis. Costco Wholesale employs 254,000 workers across the globe.

What is Costco Wholesale's official website?

The official website for Costco Wholesale is www.costco.com.

How can I contact Costco Wholesale?

Costco Wholesale's mailing address is 999 LAKE DRIVE, ISSAQUAH WA, 98027. The retailer can be reached via phone at 425-313-8100 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff