NASDAQ:COST

Costco Wholesale - COST Stock Forecast, Price & News

$472.27

-6.71 (-1.40%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $471.87
▼
$483.83
50-Day Range: $466.40
▼
$560.96
52-Week Range: $406.51
▼
$612.27

Volume: 2.42 million shs
Average Volume: 2.57 million shs
Market Capitalization: $209.20 billion

P/E Ratio: 35.94
Dividend Yield: 0.75%
Price Target: $570.32

Costco Wholesale MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 20.8% Upside
$570.32 Price Target
Short Interest: Healthy
0.97% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.66
Upright™ Environmental Score
News Sentiment: 0.32
Based on 65 Articles This Week
Insider Trading: Selling Shares
$1.45 M Sold Last Quarter
Proj. Earnings Growth: 9.96%
From $14.46 to $15.90 Per Share

Overall MarketRank^™

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

2.83 out of 5 stars

Retail/Wholesale Sector

37th out of 216 stocks

Variety Stores Industry

3rd out of 11 stocks

3.4

Analyst's Opinion

Consensus Rating
Costco Wholesale has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 20 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $570.32, Costco Wholesale has a forecasted upside of 20.8% from its current price of $472.27.
Amount of Analyst Coverage
Costco Wholesale has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.97% of the float of Costco Wholesale has been sold short.
Short Interest Ratio / Days to Cover
Costco Wholesale has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Costco Wholesale has recently increased by 3.90%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
Costco Wholesale has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Costco Wholesale has been increasing its dividend for 17 years.
Dividend Coverage
The dividend payout ratio of Costco Wholesale is 27.40%. 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 22.64% next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Costco Wholesale has received a -6.86% net impact score from Upright. The largest negative impact of Costco in category "GHG emissions" seems to be driven mostly by its "Physical retail of vehicle chemicals at a hypermarket", "Physical retail of cleaning supplies at a hypermarket", "Physical retail of home electrical appliances at a hypermarket", "Physical retail of shoes at a hypermarket", "Physical retail of paints, inks and dyes at a hypermarket", and "Physical retail of toys at a hypermarket" products. See details.
Environmental Sustainability
The Environmental Impact score for Costco Wholesale is -2.66.

3.5

News and Social Media Coverage

News Sentiment
Costco Wholesale has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 65 news articles for Costco Wholesale this week, compared to 23 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 18 reddit mentions for Costco Wholesale this week, compared to 13 mentions on an average week.
Search Interest
145 people have searched for COST on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.
MarketBeat Follows
105 people have added Costco Wholesale to their MarketBeat watchlist in the last 30 days. This is an increase of 5% compared to the previous 30 days.

2.5

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 $1,449,904.00 in company stock.
Percentage Held by Insiders
Only 0.22% of the stock of Costco Wholesale is held by insiders.
Percentage Held by Institutions
66.83% of the stock of Costco Wholesale is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Costco Wholesale are expected to grow by 9.96% in the coming year, from $14.46 to $15.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Costco Wholesale is 35.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Costco Wholesale is 35.94, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.22.
Price to Earnings Growth Ratio
Costco Wholesale has a PEG Ratio of 3.29. 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 10.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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COST Stock News Headlines

September 23, 2022 | marketbeat.com

Is Costco’s Post-Earnings Price Weakness A Good Time To Buy?

Costco shares are falling because the Q4 results were priced into the market and the decline could gain momentum if a key level is breached.

September 20, 2022 | dividendstocks.com

Should You Purchase Dividend-Paying Costco Wholesale Corporation? (COST)

September 20, 2022 | pricetargets.com

Is this the Right Time to Buy Costco Stock?

September 18, 2022 | marketbeat.com

Kroger’s is Your One-Stop Consumer Staples Stock (COST)

Grocery chain operator The Kroger Company (NYSE: KR) stock is trading up 4.5% in 2022 far outperforming tech stocks and the benchmark indices.

September 12, 2022 | marketbeat.com

These 3 Reports Will Tell Us Much About the Current Economy (COST)

By the time these three companies share their latest results and outlooks, what lies ahead in Q4 could be a bit less murky.

August 30, 2022 | marketbeat.com

The Retail Sector: Winners And Losers From Q2 Earnings (COST)

The retail sector reported a mixed bag of results that has the group moving lower but not all results were bad, read on to find out the winners and losers in Q2

September 30, 2022 | msn.com

N.J. could force Costco to once again sell gas to everyone, not just members

September 30, 2022 | msn.com

Costco is following the new rooftops to a location in Celina

September 30, 2022 | msn.com

Here's How Much $1000 Invested In Costco Wholesale 5 Years Ago Would Be Worth Today

September 30, 2022 | stocknews.com

3 Safe Stocks for Seniors to Consider in 2022

September 30, 2022 | finance.yahoo.com

Costco (COST) is a Top-Ranked Growth Stock: Should You Buy?

September 30, 2022 | finance.yahoo.com

8 Things You Didn't Know About Costco

September 30, 2022 | finance.yahoo.com

1 Green Flag for Costco, and 1 Red Flag

September 30, 2022 | finance.yahoo.com

A Bull Market Is Coming: 3 Beaten-Down Stocks to Buy Before the Recovery

September 29, 2022 | nypost.com

We catered our wedding from Costco for $800, and the internet fell in love

September 29, 2022 | msn.com

Costco Says The Price Of Hot Dogs At The Food Court Will Stay The Same 'Forever'

September 29, 2022 | finance.yahoo.com

This Dominant Stock Is a Buy for Growth Investors

September 29, 2022 | americanbankingnews.com

Costco Wholesale (NASDAQ:COST) PT Lowered to $560.00 at Raymond James

September 28, 2022 | msn.com

Tacoma police investigating after man stabbed multiple times outside wholesale store

September 28, 2022 | finance.yahoo.com

5 Big-Box Stores That Are Still Worth Shopping At

September 28, 2022 | americanbankingnews.com

Costco Wholesale Co. (NASDAQ:COST) to Post Q1 2023 Earnings of $3.10 Per Share, DA Davidson Forecasts

September 28, 2022 | americanbankingnews.com

Research Analysts Offer Predictions for Costco Wholesale Co.'s Q1 2023 Earnings (NASDAQ:COST)

September 27, 2022 | finance.yahoo.com

Costco proposes to build distribution center in Mesa

September 27, 2022 | msn.com

Costco's Billionaire Co-Founder Once Said He Would 'Kill' the CEO Who Wanted to Raise the Price of Its Hot-Dog-and-Soda Combo. Now, the Company Reveals Its Stance Amid Inflation.

September 27, 2022 | finance.yahoo.com

Costco's Earnings Have Plenty for Stock Market Investors to Digest

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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COST Company Calendar

Ex-Dividend for 8/12 Dividend: 7/28/2022
Dividend Payable: 8/12/2022
Last Earnings: 9/22/2022
Today: 9/30/2022
Next Earnings (Estimated): 12/08/2022
Fiscal Year End: 8/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Variety stores
Sub-Industry: Hypermarkets & Super Centers
Sector: Retail/Wholesale
Current Symbol: NASDAQ:COST
CUSIP: 22160K10
CIK: 909832
Web: www.costco.com
Phone: (425) 313-8100
Fax: 425-313-6593
Employees: 288,000
Year Founded: 1983

Price Target and Rating

Average Stock Price Forecast: $570.32
High Stock Price Forecast: $678.00
Low Stock Price Forecast: $455.00
Forecasted Upside/Downside: +20.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $13.14
Trailing P/E Ratio: 35.94
Forward P/E Ratio: 32.66
P/E Growth: 3.29
Net Income: $5.84 billion
Net Margins: 2.58%
Pretax Margin: 3.45%
Return on Equity: 29.44%
Return on Assets: 9.24%

Debt

Debt-to-Equity Ratio: 0.31
Current Ratio: 1.02
Quick Ratio: 0.46

Sales & Book Value

Annual Sales: $226.95 billion
Price / Sales: 0.92
Cash Flow: $14.68 per share
Price / Cash Flow: 32.17
Book Value: $46.61 per share
Price / Book: 10.13

Miscellaneous

Outstanding Shares: 442,963,000
Free Float: 441,988,000
Market Cap: $209.20 billion
Optionable: Optionable
Beta: 0.70

Social Links

Key Executives

Mr. W. Craig Jelinek (Age 70)
CEO & Director
Comp: $1.55M

Mr. Ron M. Vachris (Age 57)
Pres, COO & Director
Comp: $1M

Mr. Richard A. Galanti (Age 66)
Exec. VP, CFO & Director
Comp: $1.03M

Mr. James P. Murphy (Age 69)
Exec. VP & COO of International Division
Comp: $890.48k

Mr. 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
Exec. 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. Rose (Age 70)
Exec. VP of Ancillary Bus.es, Manufacturing & Bus. Centers

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COST Stock - Frequently Asked Questions

Should I buy or sell Costco Wholesale stock right now?: 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last twelve months. There are currently 3 hold ratings and 20 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?: 23 analysts have issued 1-year target prices for Costco Wholesale's stock. Their COST share price forecasts range from $455.00 to $678.00. On average, they predict the company's share price to reach $570.32 in the next year. This suggests a possible upside of 20.8% 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 start of the year. Since then, COST stock has decreased by 16.8% and is now trading at $472.27.
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, December 8th 2022.
View our COST earnings forecast.
How were Costco Wholesale's earnings last quarter?: Costco Wholesale Co. (NASDAQ:COST) announced its earnings results on Thursday, September, 22nd. The retailer reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.17 by $0.03. The retailer had revenue of $72.09 billion for the quarter, compared to analysts' expectations of $72 billion. Costco Wholesale had a net margin of 2.58% and a trailing twelve-month return on equity of 29.44%. The business's quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.90 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. Stockholders 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 0.08%. 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 0.75%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COST will have a dividend payout ratio of 22.64% 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 climbed 10.1% in the month of August. Costco Wholesale shares climbed by 0% in the first full-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."
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 $472.27.
How much money does Costco Wholesale make?: Costco Wholesale (NASDAQ:COST) has a market capitalization of $209.20 billion and generates $226.95 billion in revenue each year. The retailer earns $5.84 billion in net income (profit) each year or $13.14 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
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 9/30/2022 by MarketBeat.com Staff

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Costco Wholesale - COST Stock Forecast, Price & News

Costco Wholesale MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Costco Wholesale (NASDAQ:COST) Stock

COST Stock News Headlines

COST Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

COST Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™