What is Roth Capital’s Forecast for COST FY2025 Earnings?

Costco Wholesale Co. (NASDAQ:COST) – Investment analysts at Roth Capital lowered their FY2025 earnings estimates for shares of Costco Wholesale in a research note issued on Friday, March 7th. Roth Capital analyst W. Kirk now forecasts that the retailer will earn $18.82 per share for the year, down from their previous estimate of $18.84. The consensus estimate for Costco Wholesale’s current full-year earnings is $18.03 per share.

Several other brokerages have also recently weighed in on COST. Jefferies Financial Group upped their price target on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Loop Capital reduced their price objective on shares of Costco Wholesale from $1,150.00 to $1,135.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Citigroup boosted their price objective on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Raymond James boosted their price objective on shares of Costco Wholesale from $990.00 to $1,030.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Finally, DA Davidson boosted their price objective on shares of Costco Wholesale from $900.00 to $1,000.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Nine investment analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,030.43.

Costco Wholesale Price Performance

Shares of COST opened at $930.49 on Monday. The company has a 50 day moving average price of $990.22 and a 200-day moving average price of $944.64. Costco Wholesale has a fifty-two week low of $697.27 and a fifty-two week high of $1,078.24. The stock has a market capitalization of $413.04 billion, a PE ratio of 54.64, a PEG ratio of 6.15 and a beta of 0.81. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Thursday, March 6th. The retailer reported $4.02 earnings per share for the quarter, missing the consensus estimate of $4.09 by ($0.07). Costco Wholesale had a return on equity of 32.31% and a net margin of 2.93%. The business had revenue of $63.72 billion during the quarter, compared to analysts’ expectations of $63.02 billion.

Hedge Funds Weigh In On Costco Wholesale

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cromwell Holdings LLC lifted its holdings in Costco Wholesale by 0.9% during the fourth quarter. Cromwell Holdings LLC now owns 1,144 shares of the retailer’s stock valued at $1,048,000 after purchasing an additional 10 shares in the last quarter. 44 Wealth Management LLC lifted its holdings in Costco Wholesale by 0.3% during the fourth quarter. 44 Wealth Management LLC now owns 3,488 shares of the retailer’s stock valued at $3,196,000 after purchasing an additional 10 shares in the last quarter. SRN Advisors LLC lifted its holdings in Costco Wholesale by 0.3% during the fourth quarter. SRN Advisors LLC now owns 3,081 shares of the retailer’s stock valued at $2,823,000 after purchasing an additional 10 shares in the last quarter. Miramar Capital LLC lifted its holdings in Costco Wholesale by 1.9% during the fourth quarter. Miramar Capital LLC now owns 525 shares of the retailer’s stock valued at $481,000 after purchasing an additional 10 shares in the last quarter. Finally, Clear Investment Research LLC raised its position in shares of Costco Wholesale by 22.2% in the fourth quarter. Clear Investment Research LLC now owns 55 shares of the retailer’s stock valued at $51,000 after buying an additional 10 shares during the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 0.50%. The ex-dividend date was Friday, February 7th. Costco Wholesale’s payout ratio is 27.09%.

Costco Wholesale Company Profile

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.