|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's range||198.61 - 200.94|
|52-week range||144.25 - 207.61|
|PE ratio (TTM)||26.01|
|Earnings date||14 Aug 2018|
|Forward dividend & yield||4.12 (2.05%)|
|1y target est||211.57|
On June 20, Home Depot’s (HD) stock price rose to a high of $200.13 but closed the day relatively flat at $199.08 due to weakness in the global equity market. On the same day, the S&P 500 Index (SPY) was down 0.2% on fear of the escalating trade war between the US and China.
On June 20, UBS raised its price target for Home Depot (HD) from $212 to $225 and maintained its “buy” rating. The new price target represents a rise of 13.0% from the current stock price. Of the 35 analysts that follow Home Depot, 77.1% are favoring a “buy,” and 22.9% are favoring a “hold.” None of the analysts were favoring a “sell” recommendation.
The Home Depot Inc (NYSE:HD), a large-cap worth US$229.80b, comes to mind for investors seeking a strong and reliable stock investment. Doing business globally, large caps tend to have diversifiedRead More...
Home Depot (HD) could boost its digital business by making more products available and installing pick-up lockers, according to a Wednesday report from UBS that followed meetings with management. If you’d like, setup this article by reading Alex Eule’s take on Home Depot online, written in May, then continue: According to UBS, the company plans several tactics to support its online business, which represented 6.7% of total revenues in 2017 following a more than 21% increase: • It could more than double the number of items sold online from about 1.5 million to 3-4 million, with categories that could see increases include faucets and decor. Home Depot said more than 45% of online orders were picked up in 2017, and UBS thinks “this move should help free up labor hours from tasking, which can then be dedicated to more selling.” Home Depot says that because some many online purchases are of higher-ticket items including appliances and patio goods, the online ticket is “much higher” than the store ticket.
Brick-and-mortar retailers secured a big win over online rivals on Thursday as the US Supreme Court overturned a ruling that had enabled many ecommerce retailers to avoid collecting sales tax from customers. In a case with profound implications for the consumer economy, the justices ruled by 5 to 4 that US states have the right to levy tax on online sales even if the retailer does not have a store or warehouse in their territory. A perceived tax break for ecommerce has become the most contentious political issue in US retail, with brick-and-mortar stores blaming it for their wilting sales while online stores counter that their success is about convenience not tax.
Home Depot (HD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On June 12, Home Depot (HD) was trading at $201.31. On the same day, analysts were expecting the company’s stock price to reach $211.13 in the next 12 months, which represents a return potential of 4.9%.
How Much Upside Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post EPS of $9.62, which represents a rise of 21.9% from its EPS of $7.89 in the corresponding four quarters of the previous year. Home Depot’s management expects its EPS to rise 28% to $9.31 in 2018.
How Much Upside Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post revenue of $109.3 billion, which represents a rise of 7.2% from $102.0 billion in the four corresponding quarters of the previous year. Home Depot’s management expects its revenue to rise 6.7% in 2018, which includes one extra week of operations. However, on a comparable 52-week basis, the company’s revenue is expected to rise 5.0%, which has accounted for new accounting standards.
After posting its first-quarter earnings on May 15, Home Depot (HD) saw its stock price fall to $184.01 on May 30. Although Home Depot outperformed analysts’ EPS expectations, its stock fell due to lower-than-expected sales and same-store sales growth.
Home Depot deal also nixedBloomberg News/LandovElon Musk at a event last year. Tesla (TSLA) “has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in the past, are difficult to justify today," the email read. The layoffs will “almost entirely” affect salaried employees and no production employees are included as the Silicon Valley car maker focuses on increasing Model 3 production, the email said.
There are a number of reasons that attract investors towards large-cap companies such as The Home Depot Inc (NYSE:HD), with a market cap of US$228.78B. Market participants who are consciousRead More...
Just four months ago, Tesla Inc. began a major expansion of its solar division at Home Depot Inc., rolling out Tesla-branded selling spaces at 800 of the retailer’s locations. Buried in a memo about a major reorganization and job cuts, Tesla Chief Executive Officer Elon Musk said the company has decided not to renew its residential sales agreement with Home Depot. The majority of Tesla employees working at Home Depot will be offered the opportunity to move over to Tesla’s retail locations, according to the memo.
Facebook, Tesla, Home Depot, McDonald’s and Amazon are the companies to watch.