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Closing prices for crude oil, gold and other commodities
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Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,210.24
DOW   33,309.51
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The How And Why of Investing in Oil Stocks
Will This Be the Worst U.S. Crisis Ever? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Will This Be the Worst U.S. Crisis Ever? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
NASDAQ:COST

Costco Wholesale - COST Stock Forecast, Price & News

$539.82
+4.00 (+0.75%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$537.29
$549.91
50-Day Range
$446.69
$547.01
52-Week Range
$406.51
$612.27
Volume
2.33 million shs
Average Volume
2.68 million shs
Market Capitalization
$239.12 billion
P/E Ratio
42.51
Dividend Yield
0.67%
Price Target
$576.68

Costco Wholesale MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.84 Rating Score
Upside/​Downside
6.8% 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
0.50mentions of Costco Wholesale in the last 14 days
Based on 28 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.

2.62 out of 5 stars

Retail/Wholesale Sector

60th out of 218 stocks

Variety Stores Industry

4th 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 NASDAQ:COST opened at $539.82 on Thursday. The business has a 50-day moving average price of $495.73 and a two-hundred day moving average price of $516.09. 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 has a market capitalization of $239.12 billion, a P/E ratio of 42.51, a P/E/G ratio of 4.52 and a beta of 0.69. Costco Wholesale has a 1-year low of $406.51 and a 1-year high of $612.27.

Costco Wholesale (NASDAQ:COST - Get Rating) last released 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. Costco Wholesale had a return on equity of 29.71% and a net margin of 2.60%. The company had revenue of $52.60 billion during the quarter, compared to the consensus estimate of $51.49 billion. During the same quarter in the prior year, the firm posted $2.75 EPS. The firm's revenue for the quarter was up 18.5% compared to the same quarter last year. Equities analysts predict that Costco Wholesale will post 13.04 earnings per share for the current year.

Costco Wholesale Cuts Dividend

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

Analysts Set New Price Targets

COST has been the topic of a number of research reports. Robert W. Baird lowered their target price on Costco Wholesale from $600.00 to $560.00 and set an "outperform" rating on the stock in a research report on Friday, May 27th. Telsey Advisory Group reduced their target price on Costco Wholesale from $615.00 to $590.00 and set an "outperform" rating for the company in a research report on Friday, May 27th. The Goldman Sachs Group upped their target price on Costco Wholesale from $516.00 to $573.00 and gave the stock a "buy" rating in a research note on Thursday, August 4th. Citigroup raised their target price on shares of Costco Wholesale from $510.00 to $545.00 in a report on Thursday, August 4th. Finally, Truist Financial raised their target price on shares of Costco Wholesale from $543.00 to $571.00 in a research report on Thursday, August 4th. Four investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $576.68.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, VP James P. Murphy sold 2,500 shares of the firm's stock in a transaction dated Wednesday, June 22nd. The stock was sold at an average price of $464.00, for a total value 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Costco Wholesale news, VP James P. Murphy sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, July 20th. The stock was sold at an average price of $525.20, for a total value of $787,800.00. Following the completion of the transaction, the vice president now directly owns 36,230 shares in the company, valued at approximately $19,027,996. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP James P. Murphy sold 2,500 shares of the company'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 directly owns 37,730 shares in the company, valued at approximately $17,506,720. The disclosure for this sale can be found here. Insiders have sold a total of 5,300 shares of company stock valued at $2,609,904 over the last 90 days. 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.
2 Stocks to Buy While Their Prices Are Down
Costco Wholesale (NASDAQ:COST) Price Target Raised to $545.00
Costco Wholesale (NASDAQ:COST) Price Target Raised to $573.00
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
8/11/2022
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
+6.8%
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
$15.15 per share
Book Value
$40.92 per share

Miscellaneous

Free Float
441,988,000
Market Cap
$239.12 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 year. 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" COST shares.
View COST analyst ratings
or view top-rated stocks.

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

25 equities research analysts have issued 12-month price targets 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 year. This suggests a possible upside of 6.8% 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 4.9% and is now trading at $539.82.
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) released its earnings results on Thursday, May, 26th. The retailer reported $3.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.17. The retailer 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 trailing twelve-month return on equity of 29.71%. The firm's quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.75 EPS.
Read the conference call transcript
.

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

Costco Wholesale declared a quarterly dividend on Wednesday, July 13th. Shareholders 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.
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 0.67%. 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% in the month of July. Costco Wholesale shares rose by 0% in the first day of trading following the report.

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 Jennison Associates LLC (0.74%), California Public Employees Retirement System (0.49%), Swiss National Bank (0.43%), Principal Financial Group Inc. (0.30%), Parnassus Investments LLC (0.29%) and Sumitomo Mitsui Trust Holdings Inc. (0.28%). 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 $539.82.

How much money does Costco Wholesale make?

Costco Wholesale (NASDAQ:COST) has a market capitalization of $239.12 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 8/11/2022 by MarketBeat.com Staff

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