May 27, 2018

What Analysts Are Saying About Home Depot After Earnings

19 May 2017, 10:10 | Austin Hogan

What Analysts Are Saying About Home Depot After Earnings

Home Depot Outperformed Analysts’ Revenue Estimates in 1Q17

Stifel Nicolaus reiterated a "buy" rating and issued a $178.00 price objective (up from $165.00) on shares of Home Depot in a report on Wednesday. TX boosted its position in Home Depot by 1.0% in the third quarter. First Manhattan Co. boosted its position in shares of Home Depot by 3.0% in the third quarter. The stock exchanged hands 4.59 Million shares versus average trading capacity of 4.06 Million shares, yielding a market cap of $187.02 Billion. Cable Hill Partners LLC now owns 1,116 shares of the home improvement retailer's stock valued at $145,000 after buying an additional 105 shares during the last quarter. The institutional investor owned 5,300 shares of the home improvement retailer's stock at the end of the first quarter. One research analyst has rated the stock with a sell rating, six have given a hold rating and nineteen have given a buy rating to the stock. CENTRAL TRUST Co now owns 119,426 shares of the home improvement retailer's stock valued at $15,368,000 after buying an additional 724 shares during the last quarter. The Busey Trust Company holds 9,981 shares with $1.34 million value, up from 6,509 last quarter.

Returns and Valuations for The Home Depot, Inc. On average, equities analysts forecast that Home Depot will post $7.24 earnings per share for the current year. Kistler Tiffany Companies LLC now owns 686 shares of the home improvement retailer's stock valued at $101,000 after buying an additional 107 shares during the last quarter. Home Depot presently has a consensus rating of "Buy" and an average price target of $163.01. The stock of Home Depot Inc (NYSE:HD) earned "Buy" rating by Argus Research on Wednesday, August 17. New England Research & holds 0.31% of its portfolio in Home Depot Inc (NYSE:HD) for 2,973 shares. (HD) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that The Home Depot, Inc. About shares traded. Brown-Forman Corporation (NYSE:BF.B) has risen 6.00% since April 19, 2017 and is uptrending. Oppenheimer Holdings Inc. set a $178.00 price target on Home Depot and gave the company a "buy" rating in a report on Tuesday.

Analysts expect Brown-Forman Corporation (NYSE:BF.B) to report $0.40 EPS on June, 14.They anticipate $0.01 EPS change or 2.44% from last quarter's $0.41 EPS. Hedge funds and other institutional investors own 71.53% of the company's stock.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 14.13%, and has a solid year to date (YTD) performance of 16.83% which means the stock is constantly adding to its value from the previous fiscal year end price.

Deere & Company (DE) have shown a high EPS growth of -6.20% in the last 5 years and has earnings decline of -16.60% yoy. The business had revenue of $23.89 billion during the quarter, compared to analysts' expectations of $23.74 billion. Stockholders of record on Thursday, June 1st will be given a $0.89 dividend. Telsey Advisory Group maintained Home Depot Inc (NYSE:HD) on Wednesday, February 22 with "Outperform" rating.

India Committed to Independent Palestine, PM Modi Tells President Abbas
Modi said on Tuesday that India has been "unwavering in its support of the Palestinian cause". This is his fifth visit to India and the third state visit after his visits in 2008 and 2012.

Western Wall Not Part of Israel
Alongside his visit to Israel, Trump is expected also to meet with Abbas, possibly in P.A. -administered Bethlehem. Netanyahu's office released quotes from summaries of the prime minister's meetings with Trump to back up its side.

Kane's pride at scoring Tottenham's last goal at White Hart Lane
It is great to achieve second position, we have been unbeaten at home all season so there are a lot of things to be happy about". It was a good cross, I just stuck a foot out. "This has been a proper send-off to what has been an incredible stadium for us.

This is the 121st consecutive quarter the company has paid a cash dividend. Thus, traders should use this pullback to buy HD stock at $155 with a target of $175. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.29%.

Home Depot (NYSE:HD)'s trailing twelve month revenues are $94.6 Billion, whereas its price to sales ratio for the same period is 1.99. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and global copyright & trademark laws. The legal version of this report can be accessed at

More notable recent Home Depot Inc (NYSE:HD) news were published by: which released: "Home Depot: A Great Start To The Year" on May 17, 2017, also with their article: "Home Depot Inc".

This retail warehouse chain was last reviewed by me on January 27 with a suggestion that "traders and investors should buy HD at $138 with a target of $156 for a proposed return of about 12%". The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Other News

Trending Now

On Kulbhushan Jadhav Case, Pakistan May Change Lawyers Amid Criticism At Home
Pakistan said legal process is ongoing and that it had met its obligations under the Vienna treaty on consularrelations. She tweeted saying, "We are grateful to Mr.Harish Salve for presenting India's case so effectively before ICJ".

Arun Jaitley meet troops along LoC
They can be addressed only when the State has peace. "The aspirations will have to be addressed when the state is in a peaceful format".

Mourinho happy Arsenal fans can smile after meeting his team
I'm not enjoying that. "My feelings, it's also the most important match of our history". "Normal is win, lose, draw". We're not far off challenging for the Premier League and I hope next season in the Champions League.

Alexis Sanchez scores twice as Arsenal down Sunderland
We were frustrated at half-time not to be leading", said Wenger. Online in-match use limited to 75 images, no video emulation. Wenger was again asked about his future.

Duffy dominates as Royals top Yankees 5-1 to avoid sweep
Dellin Betances got one out for his first save since replacing injured Aroldis Chapman as the Yankees' closer. Whit Merrifield won the battle of SC alums with a run-producing single to center off Montgomery.

Video Proves 8-Year-Old Was Bullied Before Killing Himself
Branch says Gabe lost consciousness in the bathroom incident and says a school official told Gabe's mother her son had fainted. It has said the video has been 'mischaracterized.' A Cincinnati schools spokeswoman says the video might be released Friday.

US Set to Impose New Sanctions On Venezuela
The state prosecutor's office confirmed his death, which pushed the death toll in six weeks of unrest to at least 43. The court dissolved the democratically elected National Assembly, allowing Maduro to rule by executive authority.

More than a million young people have registered to vote
Despite living at an address on a temporary basis, private renters are still eligible to vote at that address. Make sure you register in the next three days, and don't miss out on having your say.

John McCain calls for expulsion of Turkey's ambassador to US
Cavusoglu said Thursday that the Trump administration "did not show any reaction" to the Turkish warning. The guards' release left the US struggling to point to anything that amounts to accountability.

DeMar DeRozan: Raptors Would Have Won With LeBron James
Give the Raptors this much: they didn't roll over when the Cleveland Cavaliers took a 16-point early in the third quarter. At this point, if LeBron James found a cure for world hunger, Skip Bayless would probably find something wrong with it.