Quite a few research analysts working at COST have predicted that the EPS for this quarter will be $2.23, according to a report. Six of the investment analysts have already given estimates into the earnings of the company. The ball was rolled at $2.11, with the highest coming in at $2.35. The EPS posted by the company over the previous year was $1.89, with an annual growth rate of about 18%. The company will be putting up its next quarterly results on the 27th of May.
The Quarterly Estimates Of COST
Interestingly, COST did put up their previous quarterly report on the 3rd of March. The EPS reported by the company over the period was $2.14, which was less than the consensus estimate of $2.45. The net margin for the company was 2.50%, with a 24.50% return on equity. The revenue generated by the company during this quarter was $44.77 billion, which was more than the consensus estimate of $43.71 billion.
There have been quite a few research equities that have commented on the stocks of COST. Zacks has already increased the price rating from hold to buy with a price target set at $372 in a 2nd February research report.
Stifel Nicolaus has also increased the price target of the company from $370 to $385 with a rating of buy in a 14th April research report. DA Davidson reduced the price target of the company from $390 to $325 with a rating of neutral in an 11th March research report. Robert W. Baird has also reduced the price target of the company from $410 to $395, with a rating of outperform in a March research report.
Seven investment analysts have already given the stocks of the company a rating of hold, while nineteen others have provided it with a rating of buy. Currently, COST has a buy rating with a $386.79 price target.
