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 3, 2017, it operated 741 membership warehouses, including 514 warehouses in the United States, Washington, District of Columbia, and Puerto Rico, 97 in Canada, 37 in Mexico, 28 in the United Kingdom, 26 in Japan, 13 in Korea, 13 in Taiwan, 9 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Variety stores
Sub-IndustryHypermarkets & Super Centers
SectorRetail/Wholesale
SymbolNASDAQ:COST
CUSIP22160K10
Phone425-313-8100
Debt
Debt-to-Equity Ratio0.52
Current Ratio1.01
Quick Ratio0.47
Price-To-Earnings
Trailing P/E Ratio38.78
Forward P/E Ratio33.34
P/E Growth2.73
Sales & Book Value
Annual Sales$129.03 billion
Price / Sales0.77
Cash Flow$9.1889 per share
Price / Cash24.56
Book Value$25.26 per share
Price / Book8.93
Profitability
EPS (Most Recent Fiscal Year)$5.82
Net Income$2.68 billion
Net Margins2.16%
Return on Equity24.67%
Return on Assets7.52%
Miscellaneous
Employees231,000
Outstanding Shares438,540,000
Market Cap$96.62 billion
Costco Wholesale (NASDAQ:COST) Frequently Asked Questions
What is Costco Wholesale's stock symbol?
Costco Wholesale trades on the NASDAQ under the ticker symbol "COST."
How often does Costco Wholesale pay dividends? What is the dividend yield for Costco Wholesale?
Costco Wholesale announced a quarterly dividend on Friday, August 17th. Stockholders of record on Friday, August 31st will be paid a dividend of $0.57 per share on Friday, September 14th. This represents a $2.28 annualized dividend and a dividend yield of 1.01%. View Costco Wholesale's Dividend History.
How were Costco Wholesale's earnings last quarter?
Costco Wholesale Co. (NASDAQ:COST) announced its quarterly earnings data on Thursday, May, 31st. The retailer reported $1.70 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.68 by $0.02. The retailer had revenue of $32.36 billion for the quarter, compared to analyst estimates of $31.89 billion. Costco Wholesale had a return on equity of 24.67% and a net margin of 2.16%. The company's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.40 EPS. View Costco Wholesale's Earnings History.
When is Costco Wholesale's next earnings date?
What price target have analysts set for COST?
26 Wall Street analysts have issued 12-month target prices for Costco Wholesale's shares. Their forecasts range from $140.00 to $250.00. On average, they anticipate Costco Wholesale's stock price to reach $208.4545 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Costco Wholesale.
What is the consensus analysts' recommendation for Costco Wholesale?
26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 7 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Costco Wholesale.
What are Wall Street analysts saying about Costco Wholesale stock?
Here are some recent quotes from research analysts about Costco Wholesale stock:
- 1. <" (12/4/2017)
- 2. According to Zacks Investment Research, "Costco continues to be one of the dominant retail wholesalers based on the breadth and quality of merchandise offered. The stock has outpaced the industry in a year gaining from sturdy comps performance and upbeat results in fourth-quarter fiscal 2017. Costco seems somewhat unfazed by tough retail scenario, comprising soft traffic and inclination toward online shopping. Moreover, we believe that the hike in annual membership fees and higher penetration of Citi Visa co-brand card program will also benefit the stock. We are also encouraged by Costco’s expansion strategy, as it remains committed to opening new clubs and expanding e-commerce capabilities. However, stiff competition and cautious consumer spending remain threats. Further, investors remain concerned about the contraction in gross margin and marginal decline in membership renewal rates that is expected to continue for at least a quarter or two. These may hurt the bottom line." (10/9/2017)
How were Costco Wholesale's same store sales last quarter?
Costco Wholesale same store sales rose 8.3% during the month of July. Costco Wholesale shares climbed by 0% in the first full-day of trading following the news.
Who are some of Costco Wholesale's key competitors?
Some companies that are related to Costco Wholesale include Walmart (WMT), Wal-mart de Mexico S A B de C V (WMMVY), Target (TGT), Dollar General (DG), Dollar Tree (DLTR), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).
Who are Costco Wholesale's key executives?
Costco Wholesale's management team includes the folowing people:
- Mr. W. Craig Jelinek, Pres, CEO & Director (Age 66)
- Mr. James D. Sinegal, Co-Founder & Director (Age 82)
- Mr. Richard A. Galanti, Exec. VP, CFO & Director (Age 62)
- Mr. Paul G. Moulton, Exec. VP & Chief Information Officer (Age 67)
- Mr. Joseph P. Portera, Exec. VP, COO of Eastern & Canadian Divisions and Chief Diversity Officer (Age 66)
Has Costco Wholesale been receiving favorable news coverage?
News coverage about COST stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Costco Wholesale earned a news and rumor sentiment score of 0.02 on Accern's scale. They also assigned media headlines about the retailer an impact score of 47.88 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Costco Wholesale.
Who are Costco Wholesale's major shareholders?
Costco Wholesale's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.18%), FMR LLC (2.41%), Jennison Associates LLC (1.48%), Bank of New York Mellon Corp (1.35%), Morgan Stanley (0.96%) and Magellan Asset Management Ltd (0.89%). Company insiders that own Costco Wholesale stock include Daniel M Hines, David S Petterson, Dennis R Zook, James D Sinegal, James P Murphy, John D Mckay, John W Meisenbach, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller and Timothy L Rose. 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 Renaissance Technologies LLC, Magellan Asset Management Ltd, Janus Henderson Group PLC, Morgan Stanley, Dividend Assets Capital LLC, Canada Pension Plan Investment Board, Destination Wealth Management and Waddell & Reed Financial Inc.. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, Dennis R Zook, James D Sinegal, James P Murphy, John D Mckay, John W Meisenbach, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller and Timothy L Rose. View Insider Buying and Selling 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 FMR LLC, BlackRock Inc., Marshall Wace LLP, Cornerstone Wealth Management LLC, Los Angeles Capital Management & Equity Research Inc., Bank of Nova Scotia, Bessemer Group Inc. and Castleark Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Costco Wholesale's stock price today?
One share of COST stock can currently be purchased for approximately $225.68.
How big of a company is Costco Wholesale?
Costco Wholesale has a market capitalization of $96.62 billion and generates $129.03 billion in revenue each year. The retailer earns $2.68 billion in net income (profit) each year or $5.82 on an earnings per share basis. Costco Wholesale employs 231,000 workers across the globe.
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]
MarketBeat Community Rating for Costco Wholesale (NASDAQ COST)
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.
