Nomura Securities Reiterates Buy on Costco Wholesale (COST) Following 3Q Report
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Costco Wholesale (COST) Results Better, Now Look To Catalysts - Morgan Stanley
May 26, 2016 1:30 PM EDTMorgan Stanley analyst, Simeon Gutman, is incrementally bullish after the Costco Wholesale (NASDAQ: COST) announcement. Investors were braced for an EPS miss given a litany of headwinds. That EPS beat ($1.24 vs $1.22 consensus) and appears to be of good quality with EBIT dollars coming in stronger by $18 million, shows that the business was well-managed in what could have been a weaker quarter. The firm maintained an Overweight rating and price target of... More
Costco (COST) volatility increases into Q3 same sales miss estimates
May 26, 2016 6:30 AM EDTCostco (NASDAQ: COST) is recently down 34c to $144.20 in the premarket after reporting Q3 EPS $1.24, compared to consensus $1.22. Q3 revenue was $26.15B, compared to consensus $27.07B. Reports Q3 SSS were flat. May weekly call option implied volatility is at 51, June is at 24,... More
Costco Wholesale (COST) Tops Q3 EPS by 2c; Comps Up 3% Ex-Gas
May 26, 2016 6:17 AM EDTCostco Wholesale (NASDAQ: COST) reported Q3 EPS of $1.24, $0.02 better than the analyst estimate of $1.22. Revenue for the quarter came in at $26.15 billion versus the consensus estimate of $27.07 billion.
Comparable sales for the twelve-week and thirty-six-week periods were as follows:
... More
Costco (COST) May weekly 145 straddle priced for 3% movement into Q3
May 25, 2016 3:51 PM EDTCostco (NASDAQ: COST) May weekly 145 straddle priced for 3% movement into Q3.
... MoreCostco (COST), Buffalo Wild Wings (BWLD) and Cray (CRAY) Highlighted in Stealth Growth Insider
May 25, 2016 12:38 PM EDTCostco Wholesale Corp (NASDAQ: COST), Buffalo Wild Wings (NASDAQ: BWLD) and Cray (NASDAQ: CRAY) were highlighted in today's issue of Stealth Growth Insider.
For Costco, same store sales... More
Costco (COST) volatility increases into Q3 and outlook
May 25, 2016 10:35 AM EDTCostco (NASDAQ: COST) May weekly call option implied volatility is at 53, June is at 24, July is at 22; compared to its 52-week range of 13 to 31 into the expected release of Q3 results today.
... MoreNomura Bullish On Costco (COST) Ahead of Earnings Tonight
May 25, 2016 10:11 AM EDTNomura analyst, Robert Drbul, is bullish on Costco Wholesale (NASDAQ: COST) ahead of 3Q16 earnings with a 3Q EPS estimate of $1.25, $0.03 above consensus. He is expecting sales growth of 3.9% to $26.5bn, including a +1.0% total comp sales increase.
The company continues to be negatively affected by deflationary trends across the store, including in meat, electronics, and... More
Trading Radar for 5/25: HP, Inc. (HPQ), Tiffany & Co. (TIF), Costco (COST), PVH Corp. (PVH), NetApp (NTAP) Report
May 24, 2016 2:42 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
9:00am EDT
FHFA Housing Price Index - no Street consensusEarnings:
BMO Financial Group (NYSE:... More
Costco (COST) puts more active than calls on increasing volatility into Q3
May 24, 2016 11:19 AM EDTCostco (NASDAQ: COST) May weekly call option implied volatility is at 45, June is at 30, July is at 25; compared to its 52-week range of 13 to 31 into the expected release of Q3 results on May 26.
Piper Jaffray Cuts Price Target on Costco Wholesale (COST) Ahead of 3Q Report
May 24, 2016 7:59 AM EDTPiper Jaffray maintained an Overweight rating on Costco Wholesale (NASDAQ: COST), and cut the price target to $171.00 (from $173.00), ahead of the company's 3Q earnings report. COST is scheduled to report earnings on May 25th.
Analyst Sean Naughton commented, "Ahead of Q3 earnings,... More
Costco (COST): RBC Cuts Ests Ahead of Earnings
May 24, 2016 6:55 AM EDTRBC Capital analyst, Scot Ciccarelli, cut his estimates on Costco Wholesale (NASDAQ: COST). Over the last several years, Costco has managed to deliver traffic growth of 3 5%. While monthly trends for most of 3Q have been slightly below that trend, particularly in April, which saw traffic growth... More