The stock analysts of COST will be posting an EPS of $3.31 for the quarter, according to resorts by Zacks. Six of the investment analysts have already provided their earnings estimates into the earnings of the company. The lowest range of EPS has been estimated at $3.09, with the highest coming in at $3.55. The EPS reported by the company during this period was $3.13, which implies an annual growth rate of around 5.8%. The company will be reporting its next quarterly results on the 23rd of September.
The Quarterly Reports Of COST
COST previously reported its quarterly reports on the 26th of May. The EPS reported by the company during this period was $2.75, with the consensus estimate set at $2.28. The return on equity was 27.30% with a 2.53% net margin. The revenue generated by the firm during this period was $44.38 billion, with the consensus estimate set at $43.82 billion.
There have been quite a few research equities that have commented on the stocks of COST. Raymond James has already increased the price target of the company from $410 to $415 with a rating of outperform in a 28th May research report. Wells Fargo & Company has already increased the price target of the company from $400 to $415 with a rating of overweight in a 2nd June research report.
Barclays has also increased the price target of the company from $400 to $450 with a rating of overweight in a 28th May research report. Jefferies Financial has reduced the price target of the company from $435 to $405 with a rating of buy in a 5th March research report.
Nine of the investment analysts have issued the company with a rating of hold, while eighteen others have given the company a rating of buy. Currently, COST has a buy rating with a $401 price target.
