$1.60 EPS Expected for Costco Wholesale Corporation (COST) on December, 13

November 8, 2018 - By Tyler Harlow

Costco Wholesale Corporation (NASDAQ:COST) Corporate Logo
Big Money Sentiment increased to 1.11 in 2018 Q2. It has change of 0.19, from 2018Q1’s 0.92. The ratio improved due to Costco Wholesale Corporation positioning: 36 sold and 406 reduced. 109 funds acquired stakes and 380 increased stakes. Investors holded 305.24 million in 2018Q1 but now own 305.79 million shares or 0.18% more.
Parthenon Ltd Com, a Kentucky-based fund reported 1,000 shs. 2,512 are held by Maryland Capital Management. Lazard Asset Mgmt Limited Com holds 123,873 shs or 0.05% of its capital. Epoch Partners owns 0.68% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1.05 million shs. Ami Asset Mgmt Corporation accumulated 158,423 shs. Pitcairn has 14,932 shs for 0.33% of their capital. Adell Harriman Carpenter Incorporated invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Cohen Cap Management has 0.45% invested in Costco Wholesale Corporation (NASDAQ:COST) for 9,204 shs. Lifeplan Gp Incorporated Inc invested 0% of its capital in Costco Wholesale Corporation (NASDAQ:COST). Plante Moran Financial Advsrs Ltd Llc reported 1,892 shs or 0.2% of all its holdings. Essex Fincl Svcs accumulated 0.24% or 4,732 shs. New York-based Focused Wealth Mngmt has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Institute For Wealth Mgmt Ltd Llc stated it has 10,849 shs. Wms Llc owns 2,648 shs. New York-based Mufg Americas Holdg has invested 0.76% in Costco Wholesale Corporation (NASDAQ:COST).

Costco Wholesale Corporation had 8 selling transactions and 0 insider purchases since June 1, 2018. This’s net activity of $8.80 million. On Monday, July 23 Murphy James P. sold $3.29 million worth of Costco Wholesale Corporation (NASDAQ:COST). On Wednesday, June 13 Shares for $1.43M were sold by Hines Daniel M.. Rose Timothy L. had sold 2,500 shs worth $512,970. On Friday, June 1 MEISENBACH JOHN W also sold $586,350 worth of Costco Wholesale Corporation (NASDAQ:COST). MOULTON PAUL G had sold 5,585 shs worth $1.16M on Monday, June 18.

On December, 13 WallStreet awaited Costco Wholesale Corporation (NASDAQ:COST)’s earnings report, as reported by RTT. Analysts predict $1.60 EPS. That’s $0.24 up or 17.65 % from 2017’s earnings of $1.36. If $1.60 is reported, COST’s profit will hit $701.13 million for 37.30 P/E. Analysts at Wall Street see Costco Wholesale Corporation’s -32.20 % negative EPS growth compared to $2.36 EPS for previous quarter. The stock decreased 0.46% or $1.1 during the last trading session, hitting $238.7.Currently Costco Wholesale Corporation is uptrending after 51.49% change in last November 9, 2017. COST has also 2.14M shares volume. COST outperformed by 35.87% the S&P 500.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

In total 13 analysts cover Costco (NASDAQ:COST). “Buy” rating has 10, “Sell” are 0, while 3 are “Hold”. (NASDAQ:COST) has 77% bullish analysts. 20 are the (NASDAQ:COST)’s ratings reports on Nov 9, 2018 according to StockzIntelligence Inc. On Wednesday, May 16 Loop Capital Markets initiated Costco Wholesale Corporation (NASDAQ:COST) with “Buy” rating. On Wednesday, May 30 the firm earned “Buy” rating by Argus Research. On Monday, September 10 the company was maintained by Raymond James. In Monday, July 23 report Citigroup maintained the stock with “Buy” rating. In Thursday, June 7 report Robert W. Baird maintained the stock with “Buy” rating. The stock rating was maintained by JP Morgan with “Overweight” on Friday, June 1. On Monday, September 10 the stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Outperform” rating by BMO Capital Markets. On Thursday, July 12 Wells Fargo maintained Costco Wholesale Corporation (NASDAQ:COST) rating. Wells Fargo has “Outperform” rating and $235 target. On Friday, October 5 the firm has “Buy” rating by Citigroup given. On Friday, October 5 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Outperform” rating given by BMO Capital Markets.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses.The company has $104.60 billion market cap. It offers branded and private-label products in a range of merchandise categories.The P/E ratio is 33.67. 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.

For more Costco Wholesale Corporation (NASDAQ:COST) news released recently go to: Seekingalpha.com, Benzinga.com, Businesswire.com, Businesswire.com or Globenewswire.com. The titles are as follows: “Costco comparable sales shine again” released on October 10, 2018, “Jim Cramer Shares His Thoughts On Albermarle, Cisco And More” on November 08, 2018, “IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against …” with a publish date: November 08, 2018, “COSTCO INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100000 …” and the last “Costco Wholesale Corporation Announces Quarterly Cash Dividend” with publication date: October 24, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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