Several analysts working at Jefferies Financial Group have already increased the Q3 2021 earnings estimates of the stocks of COST in an 8th April research report. S. Wissink, one of the analysts from the company, had expected that the retailer would be reporting an EPS of $2.20 for this quarter, which is an increase from the previous estimate of around $2.15.
The company also has a rating of buy with a price target of around $405. The company has also increased estimates into the FY2021 earnings of the company with an EPS of $10.08, with a Q1 2022 earnings at an EPS of $2.66.
The Quarterly Estimates Of COST
The stocks of NFLX did put up their quarterly report on the 18th of January. The EPS reported by the company was $1.19, which missed out on the consensus estimate by $1.38. The net margin of the company was 11.78%, with a 31.48% return on their equity. The revenue generated by the company over the quarter was $6.64 billion, which was more than the consensus of around $6.62 billion.
There have been quite a few research equities that have commented on the stocks of COST. Oppenheimer has also increased the price objective of the company from $370 to $400 with a rating of “outperform” in a Thursday research report. Robert W. Baird has gone the other way and reduced the price target of the company from $410 to $395 with a rating of “outperform” in an 11th March research report.
The Royal Bank of Canada has also decreased the price target of the company from $435 to $399 with a rating of “outperform” in an 11th March research report. Telsey Advisory Group has also reduced the price target of the company from $430 to $375 with a rating of “outperform” in a 5th March research report.
Eight of the research equities involved with the company have put up a rating of hold, while nineteen of them have given the stocks of COST a rating of buy. Currently, the company has a buy rating with a price target of $383.72.