EPS for Costco Wholesale Corporation (COST) Expected At $2.31

September 16, 2018 - By Lisa Delgado

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment increased to 1.11 in Q2 2018. Its up 0.19, from 0.92 in 2018Q1. It improved, as 36 investors sold Costco Wholesale Corporation shares while 406 reduced holdings. 109 funds opened positions while 380 raised stakes. 305.79 million shares or 0.18% more from 305.24 million shares in 2018Q1 were reported.
Moreover, Community Fincl Bank Na has 0.02% invested in Costco Wholesale Corporation (NASDAQ:COST). Salem Invest Counselors Incorporated reported 3,542 shares. Moreover, Kentucky Retirement has 0.4% invested in Costco Wholesale Corporation (NASDAQ:COST) for 18,622 shares. Confluence Inv Management Ltd invested 0.01% in Costco Wholesale Corporation (NASDAQ:COST). 11,992 were accumulated by Cypress Asset Mgmt Inc Tx. Cumberland Partners Limited stated it has 14,833 shares. Qs Investors Llc reported 46,196 shares. Green Valley Invsts Limited Liability Corp holds 1.68% in Costco Wholesale Corporation (NASDAQ:COST) or 170,993 shares. Garrison Bradford & Associate holds 35,365 shares. Rwc Asset Management Limited Liability Partnership owns 0.46% invested in Costco Wholesale Corporation (NASDAQ:COST) for 43,989 shares. Ontario Teachers Pension Plan Board reported 0.01% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Motley Fool Wealth Management Llc has 26,464 shares for 0.39% of their portfolio. Aureus Asset Lc invested 1.86% in Costco Wholesale Corporation (NASDAQ:COST). Comgest Global Investors Sas reported 79,283 shares or 0.37% of all its holdings. Savant Limited Co has 5,373 shares.

Since March 22, 2018, it had 0 insider buys, and 12 selling transactions for $14.57 million activity. On Monday, April 2 the insider MEISENBACH JOHN W sold $560,730. On Monday, June 18 MOULTON PAUL G sold $1.16 million worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,585 shares. Murphy James P. had sold 15,000 shares worth $3.29 million on Monday, July 23. $498,315 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by GALANTI RICHARD A. Rose Timothy L. also sold $2.21 million worth of Costco Wholesale Corporation (NASDAQ:COST) on Thursday, March 22. Hines Daniel M. sold $1.43M worth of Costco Wholesale Corporation (NASDAQ:COST) on Wednesday, June 13.

Analysts expect Costco Wholesale Corporation (NASDAQ:COST) to report $2.31 EPS on October, 4.They anticipate $0.23 EPS change or 11.06 % from last quarter’s $2.08 EPS. COST’s profit would be $1.01 billion giving it 25.47 P/E if the $2.31 EPS is correct. After having $1.70 EPS previously, Costco Wholesale Corporation’s analysts see 35.88 % EPS growth. The stock decreased 2.44% or $5.89 during the last trading session, reaching $235.38. About 3.88 million shares traded or 105.36% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 51.49% since September 16, 2017 and is uptrending. It has outperformed by 35.87% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Among 12 analysts covering Costco (NASDAQ:COST), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Costco had 19 analyst reports since April 12, 2018 according to SRatingsIntel. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Outperform” rating by Raymond James on Tuesday, July 17. The rating was maintained by Robert W. Baird with “Outperform” on Tuesday, September 4. The firm has “Buy” rating given on Thursday, April 12 by Robert W. Baird. The rating was downgraded by Wells Fargo on Friday, September 14 to “Market Perform”. The rating was maintained by Wells Fargo on Thursday, July 12 with “Outperform”. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Citigroup on Monday, July 23. Argus Research maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Wednesday, May 30. Argus Research has “Buy” rating and $220 target. The rating was maintained by Robert W. Baird on Thursday, June 7 with “Buy”. UBS maintained Costco Wholesale Corporation (NASDAQ:COST) on Thursday, May 3 with “Buy” rating. As per Friday, June 1, the company rating was maintained by Citigroup.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $103.22 billion. It offers branded and private-label products in a range of merchandise categories. It has a 34.47 P/E ratio. The firm 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.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Seekingalpha.com which released: “Costco Wholesale Corporation (COST) August 2018 Sales Results Conference Call (Transcript)” on September 07, 2018, also Fool.com with their article: “3 Warren Buffett Stocks Worth Buying Now” published on September 16, 2018, Nasdaq.com published: “3 Retailer Stocks You Don’t Have to Babysit” on August 26, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: “Analysts rave about Costco” published on August 21, 2018 as well as Nasdaq.com‘s news article titled: “Costco Wholesale Corporation (COST) Ex-Dividend Date Scheduled for August 30, 2018” with publication date: August 29, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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