As of May 16, 2017, Costco was trading at a 12-month forward PE multiple of 28.5x—significantly higher than SPX’s forward PE multiple of 18.8x.
Costco’s (COST) margins are expected to benefit from increased fuel earnings and improved store traffic.
For fiscal 3Q17, analysts expect Costco to report adjusted EPS of $1.32, reflecting an increase of 6.5% on a YoY (year-over-year) basis.
Analysts expect Costco (COST) to report sales of $28.5 billion in fiscal 3Q17, which would represent an improvement of 6.4% over fiscal 3Q16.
Costco has outperformed the S&P 500 and the S&P 500 Consumer Staples Index YTD, outpacing Walmart, Target, Dollar Tree, and Kroger (KR) in price gains.
Of the 31 analysts that follow Lowe’s, 58.1% recommend a “buy,” 38.7% recommend a “hold,” and 3.2% recommend a “sell.”
For the next four quarters, analysts expect Lowe’s to post EPS of $4.65—growth of 16.8% from $3.98 in 2016.
Analysts expect Lowe’s to pay dividends of $0.33—a fall of 5.7% from $0.35 in 4Q16. It paid 4Q16 dividends at a yield of 1.6% and a payout ratio of 30.2%.
In 1Q17, analysts expect Lowe’s to post EPS (earnings per share) of $1.06, which represents growth of 21.8% from $0.87 in 1Q16.
In 1Q17, analysts expect Lowe’s (LOW) to post a gross margin, EBITDA margin, and net margin of 35.0%, 11.8%, and 5.4%, respectively.
Analysts expect Lowe’s (LOW) to post revenue of $16.9 billion in 1Q17, which represents growth of 11.1% from $15.23 billion in 1Q16.
Lowe’s (LOW) will announce its 1Q17 earnings before the market opens on May 24, 2017. Since its 4Q16 earnings on March 1, 2017, the stock has risen 15.1%.
HP expects its fiscal 2Q17 GAAP EPS from continuing operations to be between $0.32 and $0.35 and its non-GAAP EPS to be between $0.37 and $0.40.
According to IDC, the worldwide hardcopy peripherals market rose 0.6% YoY to 26.6 million units in calendar 4Q16 and fell 4.1% YoY to 99 million units in 2016.
SYNNEX announced that it will distribute HP’s (HPQ) A3 MFPs (multifunctional laser printers). SYNNEX is one of the major Technology Solutions distributors.
US-based (SPY) tech (QQQ) firm HP Inc. (HPQ) reclaimed the top PC manufacturer spot from Lenovo (LNVGY), with shipments rising 13.1% YoY.
Analysts estimate that HP will post revenue of ~$11.88 billion for fiscal 2Q17, with a low estimate of ~$11.6 billion and a high estimate of ~$12.06 billion.
About 39.0% of these analysts have recommended a “buy” for the stock, while 43.0% have recommended a “hold.”
As of May 15, 2017, Wall Street analysts are expecting Deere (DE) to post EPS of $1.67 in fiscal 2Q17. That would be a 7.0% rise year-over-year.
Analysts are expecting Deere (DE) to post revenue of $7.3 billion in 2Q17, a 2.6% rise year-over-year compared to $7.1 billion in 2Q16.