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NASDAQ:COST

Costco Wholesale - COST Stock Forecast, Price & News

$554.47
-6.49 (-1.16%)
(As of 08/19/2022 03:17 PM ET)
Add
Compare
Today's Range
$553.26
$560.73
50-Day Range
$446.69
$560.96
52-Week Range
$406.51
$612.27
Volume
33,000 shs
Average Volume
2.01 million shs
Market Capitalization
$245.61 billion
P/E Ratio
43.66
Dividend Yield
0.65%
Price Target
$576.68

Costco Wholesale MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.84 Rating Score
Upside/​Downside
3.4% Upside
$576.68 Price Target
Short Interest
Healthy
0.86% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.66
Upright™ Environmental Score
News Sentiment
0.47mentions of Costco Wholesale in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$2.61 M Sold Last Quarter
Proj. Earnings Growth
9.81%
From $13.05 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.

2.56 out of 5 stars

Retail/Wholesale Sector

71st out of 218 stocks

Variety Stores Industry

6th out of 11 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 Performance

Shares of Costco Wholesale stock opened at $560.96 on Friday. The company has a market capitalization of $248.48 billion, a PE ratio of 44.17, a PEG ratio of 4.62 and a beta of 0.69. Costco Wholesale has a 12 month low of $406.51 and a 12 month high of $612.27. The company has a current ratio of 1.04, a quick ratio of 0.48 and a debt-to-equity ratio of 0.32. The stock's fifty day simple moving average is $506.13 and its 200 day simple moving average is $518.72.

Costco Wholesale (NASDAQ:COST - Get Rating) last issued its quarterly earnings data on Thursday, May 26th. The retailer reported $3.17 EPS for the quarter, topping the consensus estimate of $3.00 by $0.17. The business had revenue of $52.60 billion for the quarter, compared to the consensus estimate of $51.49 billion. Costco Wholesale had a return on equity of 29.71% and a net margin of 2.60%. The firm's revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.75 EPS. On average, research analysts predict that Costco Wholesale will post 13.05 EPS for the current year.

Costco Wholesale Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 12th. Investors of record on Friday, July 29th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.06%. The ex-dividend date was Thursday, July 28th. Costco Wholesale's payout ratio is presently 28.35%.

Analyst Ratings Changes

A number of research firms have recently commented on COST. Robert W. Baird reduced their price objective on shares of Costco Wholesale from $600.00 to $560.00 and set an "outperform" rating for the company in a report on Friday, May 27th. Loop Capital cut their price target on shares of Costco Wholesale from $650.00 to $610.00 and set a "buy" rating for the company in a report on Friday, May 27th. Citigroup lifted their price target on shares of Costco Wholesale from $510.00 to $545.00 in a report on Thursday, August 4th. BMO Capital Markets reissued a "buy" rating and set a $580.00 price target on shares of Costco Wholesale in a report on Monday, May 30th. Finally, Stifel Nicolaus lifted their price target on shares of Costco Wholesale from $555.00 to $565.00 in a report on Thursday, May 5th. Four investment 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 a consensus rating of "Moderate Buy" and an average price target of $576.68.

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 300 shares of the stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $521.68, for a total transaction of $156,504.00. Following the completion of the transaction, the director now owns 5,197 shares in the company, valued at approximately $2,711,170.96. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Costco Wholesale news, VP James P. Murphy sold 2,500 shares of the stock in a transaction dated Wednesday, June 22nd. The stock was sold at an average price of $464.00, for a total transaction of $1,160,000.00. Following the completion of the transaction, the vice president now owns 37,730 shares in the company, valued at approximately $17,506,720. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kenneth D. Denman sold 300 shares of the stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $521.68, for a total value of $156,504.00. Following the transaction, the director now owns 5,197 shares of the company's stock, valued at approximately $2,711,170.96. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,300 shares of company stock valued at $2,609,904. 0.22% of the stock is owned by company insiders.

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COST Stock News Headlines

MarketBeat: Week in Review 8/15 - 8/19 (COST)
The economic reports continue to signal volatility. You can count on MarketBeat analysts to bring you the stocks and stories that are driving the market.
BJ’s Wholesale Club Pops, Will Costco Be Next? (COST)
BJ's Wholesale Club rocketed higher on improved guidance and Costco could be next, either way BJ's is a value among club warehouses.
Walmart Leads Retail Higher But Will The Group Follow?  (COST)
The price action in Walmart popped in premarket trading but there is a risk the market is at its top and won't follow through on the move.
Stocks end higher on Wall Street; economic worries hit oil
Stocks recovered from early losses and ended higher on Wall Street
Stocks higher on Wall Street; economic worries hit oil price
Stocks recovered from early losses and turned higher in afternoon trading on Wall Street
Stocks rise on Wall Street; oil drops amid economy worries
Stocks shed early losses and turned higher in afternoon trading on Wall Street as investors remain focused on the economy and prepare for several updates from retailers this week
Here is a Simple 4 Stock Portfolio that Can Outperform the Market (COST)
Diversification is the edge for any portfolio. Rising inflation is impacting discretionary consumer spending as households try to stretch their wallets.
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.
2 Reasons To Buy Costco Stock, 1 Reason To Sell
2 Reasons To Buy Costco Stock, 1 Reason To Sell
Latest Costco Perk: Pickup Lockers
Why BJ's Wholesale Club Stock Just Jumped
Got $1,000? Here Is 1 Stock to Buy for the Long Term
Verona’s new Costco officially opens
4 Reasons to Buy Clothes at Costco
See More Headlines
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COST Company Calendar

Last Earnings
5/26/2022
Ex-Dividend for 8/12 Dividend
7/28/2022
Dividend Payable
8/12/2022
Today
8/19/2022
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
+4.0%
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
$15.12 per share
Book Value
$40.92 per share

Miscellaneous

Free Float
441,988,000
Market Cap
$245.61 billion
Optionable
Optionable
Beta
0.69

Social Links


Key Executives

  • Mr. W. Craig JelinekMr. W. Craig Jelinek (Age 70)
    CEO & Director
    Comp: $1.55M
  • Mr. Ron M. VachrisMr. Ron M. Vachris (Age 57)
    Pres, COO & Director
    Comp: $1M
  • Mr. Richard A. GalantiMr. Richard A. Galanti (Age 66)
    Exec. VP, CFO & Director
    Comp: $1.03M
  • Mr. James P. MurphyMr. James P. Murphy (Age 69)
    Exec. VP & COO of International Division
    Comp: $890.48k
  • Mr. Patrick J. CallansMr. Patrick J. Callans (Age 60)
    Exec. VP of Admin.
  • Mr. Robert E. Nelson III
    Sr. VP of Financial Planning & Investor Relations and Treasury
  • Mr. John Sullivan
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Sandy Torrey
    Sr. VP of Membership, Marketing, Services & Publishing
  • Mr. John D. Thelan
    Sr. VP of Depots & Traffic
  • Mr. Timothy L. RoseMr. Timothy L. Rose (Age 70)
    Exec. VP of Ancillary Bus.es, Manufacturing & Bus. Centers













COST Stock - Frequently Asked Questions

Should I buy or sell Costco Wholesale stock right now?

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

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

25 brokerages have issued 1-year price objectives for Costco Wholesale's shares. Their COST share price forecasts range from $423.00 to $678.00. On average, they anticipate the company's share price to reach $576.68 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for COST
or view top-rated stocks among Wall Street analysts.

How have COST shares performed in 2022?

Costco Wholesale's stock was trading at $567.70 at the beginning of the year. Since then, COST stock has decreased by 1.2% and is now trading at $560.96.
View the best growth stocks for 2022 here
.

When is Costco Wholesale's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 22nd 2022.
View our COST earnings forecast
.

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 quarterly earnings data on Thursday, May, 26th. The retailer reported $3.17 EPS for the quarter, beating the consensus estimate of $3.00 by $0.17. The retailer earned $52.60 billion during the quarter, compared to the consensus estimate of $51.49 billion. Costco Wholesale had a net margin of 2.60% and a trailing twelve-month return on equity of 29.71%. Costco Wholesale's revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.75 earnings per share.
Read the 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. Stockholders of record on Friday, July 29th will be paid a dividend of $0.09 per share on Friday, August 12th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.06%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for COST
.

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 0.65%. The company 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 is 28.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COST will have a dividend payout ratio of 25.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COST.

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

Costco Wholesale same-store sales increased by 10% during the month of July. Costco Wholesale stock rose by 0% in the first full-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 Chief Executive Officer Craig Jelinek on Glassdoor.com. Craig Jelinek has an approval rating of 92% among the company'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 a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.24%), FMR LLC (2.33%), Northern Trust Corp (1.14%), Jennison Associates LLC (0.74%), Wells Fargo & Company MN (0.69%) and California Public Employees Retirement System (0.49%). Insiders that own company 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
.

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 $560.96.

How much money does Costco Wholesale make?

Costco Wholesale (NASDAQ:COST) has a market capitalization of $248.48 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?

The company 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 the company 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 8/19/2022 by MarketBeat.com Staff

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