Accelerating Growth & Analysts Upside Potential For Costco Wholesale Corporation (NASDAQ:COST)

Wall Street sell-side analysts are projecting Costco Wholesale Corporation (NASDAQ:COST) to grow at an accelerated rate over the next 5 years.  Brokerage firms are looking for the firm to grow 9.10% over the next year and 10.60% over the next five years.

Stock market reversals can occur at any given time. Sometimes, these corrections can provoke ominous forecasts from the investing community. With the market still riding high, it is important to note that market corrections can be common happenings in bull market runs. Investors may use these opportunities to buy some names at discount prices. As we move through earnings season, investors will be watching to see how companies have fared over the last quarter. Investors may want to examine sell-side analyst revisions in the weeks and days prior to the report. Investors and analysts will both be eagerly watching to see if the company can beat expectations.                                                               

EPS measures what each share is worth and also indicates how much money their sharehoders would gain if the company was to pay out all of its profits.  Costco Wholesale Corporation’s trailing 12- months EPS is 7.36.  Last year, their EPS growth was 17.50% and their EPS growth over the past five years was 9.00%.  

RECENT PERFORMANCE

Let’s start off by taking a look at how the stock has been performing recently.  Over the past twelve months, Costco Wholesale Corporation (NASDAQ:COST)’s stock was 6.42%.  Last week, it was -0.89%, -6.59% over the last quarter, and  -7.62% for the past half-year. 

Over the past 50 days, Costco Wholesale Corporation stock was -2.31% off of the high and 14.40% removed from the low.  Their 52-Week High and Low are noted here.  -11.57% (High), 19.89%, (Low). 

HISTORICAL GROWTH

Costco Wholesale Corporation (NASDAQ:COST)’s performance this year to date is 6.42%.  The stock has performed -0.89% over the last seven days, 2.45% over the last thirty, and -6.59% over the last three months.  Over the last six months, Costco Wholesale Corporation’s stock has been -7.62% and 13.23% for the year.

FUTURE GROWTH ESTIMATES AND RECOMMENDATIONS

Wall Street analysts are have a consensus analyst recommendation of 2.20 on the stock.  This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  Brokerages covering the name have a $236.61 on the stock.

Individual investors have the tendency to migrate towards certain stock strategies that have been successful in the past. While following previous strategies may be profitable, investors have to be ready for sudden market changes. Most investors will rejoice when stocks in the portfolio catch a hot streak. On the opposite side, investors may become highly dejected when they experience a prolonged losing streak. Sometimes, previously successful strategies run their course and they no longer work. Investors may benefit greatly from being able to make adjustments when the market takes a turn for the worse. 

The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs.  Where quoted, past performance is not indicative of future performance.

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