Why I dumped my stock in Home Depot?
Home Depot Looks Like a Fat Pitch One example of such an opportunity is Home Depot (NYSE: HD). Shares of Home Depot are now down about 27% from their 52-week high amid investor concerns about...
What is Home Depot's stock split history?
Aug 18, 2021 · Shares of Home Depot ( HD-1.90%) fell on Tuesday, following the release of the home improvement retailer's second-quarter results. As of 3:10 p.m. EDT, Home Depot's stock price was down more than 4%.
What is the market share of Home Depot?
Apr 05, 2022 · The Economics Of Home Depot - The Past 21 Years And 3 CEOs seekingalpha.com - March 29 at 4:55 PM: Why Home Depot's (NYSE:HD) Fundamentals are Better than Expected finance.yahoo.com - March 28 at 6:54 PM: Home Depot could rebuild South Florida store after fire finance.yahoo.com - March 28 at 6:54 PM
How to buy Home Depot stock?
Aug 17, 2021 · The Home Depot Inc (NYSE: HD) is trading lower Tuesday after the company announced its second-quarter financial results and reported that customer transactions were down 5.8% year over year.
Why is Home Depot down today?
0:121:50Why Home Depot (HD) Stock DROPPED Today - YouTubeYouTubeStart of suggested clipEnd of suggested clipHome depot will be comparing results to pandemic highs but stimulus checks have stopped coming andMoreHome depot will be comparing results to pandemic highs but stimulus checks have stopped coming and the company is facing headwinds from rising commodity.
How high will Home Depot stock go?
Stock Price Forecast The 29 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 380.00, with a high estimate of 470.00 and a low estimate of 314.00. The median estimate represents a +26.57% increase from the last price of 300.24.
When was Home Depot's last stock split?
Stock SplitsSplitRecord DatePrice2 for 106/01/1983543 for 209/08/198735 7/83 for 206/14/1989393 for 206/14/199057 7/89 more rows
What are analysts saying about Home Depot?
HD - The Home Depot, Inc.Earnings EstimateCurrent Qtr. (Apr 2022)Current Year (2023)No. of Analysts2633Avg. Estimate3.6316.1Low Estimate2.4115.47High Estimate3.8216.851 more row
Will Home Depot stock rebound?
Home Depot is benefiting from solid tailwinds. Home Depot's revenue is growing twice as fast as its long-run rate. Home Depot's stock would need to rise over 20% in 2022 to reach $500.Jan 6, 2022
Is Home Depot splitting their stock?
There was no split in recent years. The company's shares are trading higher than they traded when management decided to split them in the past.Aug 25, 2021
Will Home Depot raise its dividend?
In its outlook, Home Depot said it expects sales growth to be slightly positive in the year ahead, largely in line with analysts' guidance estimates, with operating margins flat compared with fiscal year 2021. The company also announced a 15% increase in its quarterly dividend to $1.90 per share.Feb 22, 2022
What is the highest Home Depot stock has ever been?
Home Depot - 41 Year Stock Price History | HDThe all-time high Home Depot stock closing price was 416.18 on December 07, 2021.The Home Depot 52-week high stock price is 420.61, which is 40.1% above the current share price.The Home Depot 52-week low stock price is 293.59, which is 2.2% below the current share price.More items...
Consumers are cutting back on their spending
What happened
Joe honed his investing skills as an analyst for Stock Advisor, Supernova, and Fool One. He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence.
So what
Shares of Home Depot ( NYSE:HD) fell on Tuesday, following the release of the home improvement retailer's second-quarter results. As of 3:10 p.m. EDT, Home Depot's stock price was down more than 4%.
Now what
Home Depot's sales rose 8.1% year over year to $41.1 billion. The gains were fueled by a 4.5% increase in comparable sales, including a 3.4% rise in the U.S.
The Home Depot Media Sentiment
The slowdown in consumer spending is an industrywide trend. U.S. retail sales declined by 1.1% in July, as people scaled back their purchases of a wide range of goods.
Media Coverage
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
The Home Depot (NYSE HD) News Headlines Today
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
Sluggish online sales caused the company to cut its full-year revenue growth forecast
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
What happened
Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials.
So what
Shares of Home Depot ( NYSE:HD) fell more than 5% on Tuesday morning after the home improvement retailer reported third-quarter sales that fell short of expectations and cut its growth forecast for the second time this year. The company's push to grow online sales isn't paying off as quickly as management had hoped.
Now what
On Tuesday before markets opened, Home Depot reported third-quarter earnings of $2.53 per share, in line with estimates, on revenue of $27.2 billion, nearly $300 million short of expectations.
Peer comparison
Menear remains upbeat despite the cut, saying, "we are encouraged by the momentum in our business as we invest to extend our competitive advantages." Home Depot has earned a reputation as a category leader among consumer discretionary companies, and the company said it still sees strong demand from contractors and consumers.
Stock performance
Of the 32 analysts that cover Lowe’s Companies (LOW), 71.9% have given it “buys,” and 28.1% have given it “holds.” On average, analysts have given the stock a 12-month price target of $111.86, which represents a potential return of 19.1% from its January 16 closing price of $93.96.
How many stores does Home Depot have?
The lowering of Home Depot’s price target by JPMorgan Chase appears to have led to a fall in its stock price. As of 2:00 PM EST, the company was trading at a fall of 1.5%. However, year-to-date, the stock is up 3.0% as of January 16.
What is value scorecard?
Based on net sales, The Home Depot Inc. is the world’s largest home improvement specialty retailer with 2,291 retail stores across the globe as of the end of fiscal 2019. It offers a diverse range of branded and proprietary home improvement items, building materials, lawn and garden products, décor products and related services.#N#With the help of its stores, the company operates throughout the United States (including Puerto Rico and the territories of the Virgin Islands and Guam), Canada and Mexico and employs more than 300,000 associates. The company’s average store ...
