Costco Wholesale (NEOE:COST) Stock Forecast & Analyst Predictions

Costco Wholesale (NEOE:COST) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

Future criteria checks 2/6

Costco Wholesale is forecast to grow earnings and revenue by 7.2% and 6.1% per annum respectively. EPS is expected to grow by 9.1% per annum. Return on equity is forecast to be 24.6% in 3 years.

Key information

7.2%

Earnings growth rate

9.1%

EPS growth rate

Consumer Retailing earnings growth	4.6%
Revenue growth rate	6.1%
Future return on equity	24.6%
Analyst coverage	Good
Last updated	10 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

NEOE:COST - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
8/31/2027	310,166	8,992	10,219	13,412	8
8/31/2026	292,167	8,539	8,442	12,050	23
8/31/2025	273,813	7,890	7,455	11,325	32
8/31/2024	254,837	7,227	6,521	10,852	32
5/12/2024	253,695	7,173	7,417	12,106	N/A
2/18/2024	248,828	6,794	6,201	10,648	N/A
11/26/2023	245,652	6,517	8,803	13,109	N/A
9/3/2023	242,290	6,292	6,745	11,068	N/A
5/7/2023	235,442	6,000	5,823	9,849	N/A
2/12/2023	234,390	6,051	5,475	9,535	N/A
11/20/2022	231,028	5,884	2,851	6,744	N/A
8/28/2022	226,954	5,844	3,501	7,392	N/A
5/8/2022	217,538	5,646	4,100	7,826	N/A
2/13/2022	210,219	5,513	6,032	9,932	N/A
11/21/2021	203,084	5,165	5,819	9,569	N/A
8/29/2021	195,929	5,007	5,370	8,958	N/A
5/9/2021	186,637	4,726	6,914	10,260	N/A
2/14/2021	178,626	4,344	5,809	8,825	N/A
11/22/2020	172,929	4,324	6,418	9,406	N/A
8/30/2020	166,761	4,002	6,051	8,861	N/A
5/10/2020	160,876	3,710	3,945	6,912	N/A
2/16/2020	158,350	3,778	4,178	7,119	N/A
11/24/2019	154,674	3,736	3,298	6,281	N/A
9/1/2019	152,703	3,659	3,358	6,356	N/A
5/12/2019	149,616	3,605	2,572	5,617	N/A
2/17/2019	147,237	3,449	2,659	5,617	N/A
11/25/2018	144,836	3,261	3,066	5,945	N/A
9/2/2018	141,576	3,134	2,805	5,774	N/A
5/13/2018	139,465	3,010	3,362	6,054	N/A
2/18/2018	135,964	2,960	N/A	5,555	N/A
11/26/2017	132,735	2,774	N/A	5,939	N/A
9/3/2017	129,025	2,679	N/A	6,726	N/A
5/7/2017	123,285	2,539	N/A	4,723	N/A
2/12/2017	121,194	2,384	N/A	4,976	N/A
11/20/2016	119,598	2,415	N/A	5,274	N/A
8/28/2016	118,719	2,350	N/A	3,292	N/A
5/8/2016	117,937	2,338	N/A	4,489	N/A
2/14/2016	117,269	2,309	N/A	3,859	N/A
11/22/2015	116,553	2,361	N/A	3,968	N/A
8/30/2015	116,199	2,377	N/A	4,285	N/A
5/10/2015	115,944	2,307	N/A	4,099	N/A
2/15/2015	115,637	2,264	N/A	4,360	N/A
11/23/2014	114,489	2,129	N/A	4,173	N/A
8/31/2014	112,640	2,058	N/A	3,984	N/A
5/11/2014	109,604	1,978	N/A	3,705	N/A
2/16/2014	107,893	1,964	N/A	3,564	N/A
11/24/2013	106,458	2,048	N/A	3,274	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COST's forecast earnings growth (7.2% per year) is above the savings rate (2.2%).

Earnings vs Market: COST's earnings (7.2% per year) are forecast to grow slower than the Canadian market (15.2% per year).

High Growth Earnings: COST's earnings are forecast to grow, but not significantly.

Revenue vs Market: COST's revenue (6.1% per year) is forecast to grow slower than the Canadian market (6.8% per year).

High Growth Revenue: COST's revenue (6.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COST's Return on Equity is forecast to be high in 3 years time (24.6%)