Full Answer
Why I dumped my stock in Home Depot?
Aug 17, 2021 · Fewer people shopped at Home Depot's stores during the quarter than they did a year ago. And while higher average sales per transaction more than offset this decline in traffic, much of Home...
Should you still consider investing in Home Depot (HD)?
Aug 24, 2021 · Home Depot ( HD-2.49%) released its results for the second quarter of 2021 last week, beating Wall Street estimates for revenue and earnings per share. But the stock price fell 5% following the news.
Why are GPU prices dropping?
Feb 24, 2021 · Why Home Depot Stock Is Still Dropping By Rich Smith - Feb 24, 2021 at 12:58PM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.
Why does the stock price drop on dividend payments?
Aug 17, 2021 · The drop in Home Depot (ticker: HD)—4.6%, to $319.78. in afternoon trading—put it on pace to notch its largest decline since November. Lowe’s was off 5.4%, to $183.08. On the surface, Home Depot’s earnings were better than expected—both its top and bottom lines came in above analyst estimates. But same-store sales grew a smaller-than-expected 4.5%.
Who owns the most Home Depot stock?
The Vanguard Group, Inc.Top 10 Owners of Home Depot IncStockholderStakeShares ownedThe Vanguard Group, Inc.8.50%88,730,068BlackRock Fund Advisors4.43%46,251,595SSgA Funds Management, Inc.4.35%45,441,582Capital Research & Management Co....3.88%40,473,0456 more rows
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 the predictions for Home Depot stock?
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.
Why Home Depot stock went down?
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.
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
Will Home Depot stock 500?
While it's not incredibly likely to hit $500 in 2022, Home Depot's stock is still an excellent asset to long-term investors' portfolios.Jan 6, 2022
Is HD a buy right now?
Home Depot Inc (HD) With the stock out of buy range, the stock is no longer a buy right now.Nov 2, 2021
What is the target price for Amazon stock?
Stock Price Target AMZNHigh$5,000.00Median$4,087.50Low$2,800.00Average$4,074.48Current Price$3,079.96
Don't let the market's immediate reaction to this retailer's financial results concern you
Neil Patel is a long-term investor focused on finding the next compounding machine. His investing philosophy is simple: find high-quality companies, don't overpay, and do nothing. He covers consumer goods companies for The Motley Fool.
A slowdown was inevitable
During the most recent quarter, revenue jumped 8.1% versus the prior-year period, with U.S. same-store sales (or comps) rising just 3.4%. This is right after Home Depot registered impressive 30% comps in the U.S. in Q1. Naturally, investors weren't happy with the news.
The pro is back
Home Depot's professional customer is vital to the success of the organization, and for the past two quarters, this segment's sales growth outpaced the DIY cohort. Pros consist of small contractors who depend on Home Depot as a mission-critical partner to supply the right parts and tools in a timely manner.
And why that could be a mistake
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Home Depot ( NYSE:HD) investors can't seem to catch a break. After losing more than 3% in Tuesday trading, shares of the home improvement superstore chain are down another 4.7% as of 11:55 a.m. EST Wednesday. It's the fourth day in a row the stock is down.
So what
Why are Home Depot shares sinking? Didn't fiscal fourth-quarter sales (reported yesterday) surge 25% year over year, with a 24% gain in same-store sales, beating analyst estimates for both sales and earnings? Didn't the company also raise its dividend by 10%?
Now what
Home Depot did concede that "if the demand environment during the back half of fiscal 2020" -- which was "unprecedented" -- "were to persist through fiscal 2021, it would imply flat to slightly positive comparable sales growth and operating margin of at least 14 percent."
9 Words From Lowe's CEO That Investors Should See
The retailer is counting on a continued increase in home prices to support booming home improvement demand.
Home Depot Stock Price Drop: Why You Shouldn't Be Worried
Don't let the market's immediate reaction to this retailer's financial results concern you.
What You Might Have Missed in Home Depot's Earnings
Wall Street wasn't thrilled with Home Depot's (NYSE: HD) latest earnings report. Investors' snap judgment was to worry over declining customer traffic and what that might mean for the home improvement giant's short-term growth.
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Top Stock Reports for Apple, Home Depot & Deere
Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), The Home Depot, Inc. (HD), and Deere & Company (DE).
3 Points to Check Before Buying The Home Depot, Inc. (NYSE:HD) For Its Dividend
In the face of inflation concerns, it is not surprising that real estate gets so much attention. Being the dominant presence in the home improvement sector, The Home Depot, Inc. (NYSE:HD) is certainly benefiting from those trends.
Shares of the home-improvement retailer fell as it said it would cut hours at its stores
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman
What happened
Shares of Home Depot ( NYSE:HD) were falling sharply today as stocks plunged over concerns about the coronavirus outbreak, and the company announced that it would temporarily cut store hours due to the COVID-19 situation. Home Depot said stores would remain open as it's an essential retailer, but they would close at 6 p.m. EDT.
So what
The announcement said that some of Home Depot's products were in high demand. While that may be true, it also seems likely that overall customer traffic will dwindle as Americans under lockdown-style conditions forego home-improvement projects and focus on buying necessities such as food, medicine, and cleaning products, as many are already doing.
Now what
Spring is normally Home Depot's busiest time of year as it hires thousands of temporary staff to ramp for up the peak home-improvement season. However, with the coronavirus crisis likely to persist at least through the spring, Home Depot is likely to miss out on its top selling season.