Costco Wholesale 2021 Q4 Earnings Predictions Made By Equities Analysts


Costco Wholesale Company (NASDAQ: COST) has received an increased 2021 Q4 EPS earnings estimate from the investment analysts of Jefferies Fin. Group on 4th March, Thursday. Jefferies assigned a price objective of $405 with a rating of ‘buy’. They also expect an EPS of $3.75 for 2022 Q4.

On Monday, the firm started from $317.32 with the market cap being $140.56B. Their lowest in 52 weeks is $276.34 while the highest is $393.15. Their current, quick, and leverage ratio is 0.98, 0.53, and 0.49. Their 50-day rolling average stands at $351.84 while 200-day is at $361.54.

According to their 3rd March report, they had a quarterly EPS earnings of $2.14 that missed the $2.45 Zacks estimate by nearly $0.31. They had a 2.50% net margin with a 24.50% equity return. Their quarterly revenue was $44.77B that surpassed the $43.71B estimate, indicating a 14.6% increase compared to last year’s same quarter.

Market Undertakings Of COST Stock

Royal Canada Bank demoted the price objective of the shares to $399 from $435 and gave a rating of ‘outperform’. Bank of America reassigned it $422 with a rating of ‘buy’. Loop Capital lowered it to $380 from $425 and gave a rating of ‘buy’. Stifel Nicolaus demoted it to $370 from $395 and gave a rating of ‘buy’. BMO Cap. Markets lifted it to $430 from 4385 and gave a rating of ‘outperform’. The firm has the average ‘buy’ recommendation with a $377.08 price objective.

Paul Moulton, VP, sold off 9,015  shares at $366.50 EPS worth $3,303,997.50. Susan Decker, the Director, sold off 694 COST shares at $363.35 EPS worth $252,164.90. Insiders own 0.22% stock.

Patron Advisors purchased new holdings in Costco stock, owning $1,922,000 worth shares. Voya Advisors raised their stake by almost 5.2% and own shares priced at $3,551,000. 67.21% Costco stock is owned by institutional investors.