The investment analysts working at Oppenheimer have already increased the EPS estimate of COST in a research report published on the 8th of March. This report was then distributed to investors and various clients. According to lead analyst R. Parikh, the company is expected to post an EPS of $9.40 every single year, with their previous forecast set at $9.23. The company currently has a rating of outperform, along with a price target of $350 laid down on the company’s stock. Also, the brokerage has provided insights into the Q4 2021 earnings of COST.
Stock Commentary on COST
The stocks of the company have been the research subject for quite a few reports. Loop Capital has already decreased the price target of the company from a sum of $425 to $380, along with a rating of buy in a 5th March research note. Robert W. Baird has also reduced the price target of the company from $410 to $395, along with a rating of outperform in a Thursday research report.
Citigroup has gone ahead and reduced the price target of the company from $380 to $360, along with a rating of neutral in a Thursday research report. In the end, Raymond James decided to increase the price target from $365 to $405, in a 13th November research note.
Ten of the investment analysts have already provided the company with a rating of hold, while eighteen of them have given the company a rating of buy. Currently, the consensus rating of the company is buy, with a price target of $378.33.
The stocks of COST traded on Thursday at $323.83. The year low of the company was $276.34, with a year high fixed at $393.15. The company also has a 0.49 debt-to-equity ratio, with a 0.98 current ratio