Brokerage Analysts Commenting on Costco Wholesale Corporation (NASDAQ:COST), Home Depot Inc (NYSE:HD)

In the most recent session, Costco Wholesale Corporation (NASDAQ:COST) shares have traded N/A. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $0.27 away from the 50-day moving average of $172.74 and $7.64 away from the 200-day moving average of $165.37. From a different angle, the stock has been recently recorded -5.55% off of the 52-week high of 183.18 and +21.74% removed from the 52-week low of 142.11. 

Currently, Costco Wholesale Corporation has a price to earnings ratio of 31.91. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 3.06.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $183.88 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

For the current quarter, analysts are expecting Home Depot Inc (NYSE:HD) to report EPS of $2.21. This consensus estimate is provided by Zacks Research. After the period that ended on 2017-04-30, Home Depot Inc (NYSE:HD) reported an EPS actual of $1.67. The difference between the actual and estimate resulted in a surprise factor of 3.73%. The company is expected to release their next earnings report on or around 2017-08-15. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of Home Depot Inc (NYSE:HD) have a current ABR or average broker rating of 1.82. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.

Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of Home Depot Inc (NYSE:HD) is $166.933. The top analyst target is $182, and the lowest target is $141 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

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