Home Depot Earnings, Sales Top Views

Here's how these retailers could turn things around this week

Here's how these retailers could turn things around this week

West Coast Financial LLC now owns 1,760 shares of the home improvement retailer's stock worth $226,000 after buying an additional 5 shares during the period. LLP's holdings in Home Depot were worth $671,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer's stock valued at $111,000 after buying an additional 3 shares during the period.

The Home Depot, Inc. Finally, Noesis Capital Mangement Corp increased its position in Home Depot by 0.5% in the third quarter.

Home Depot's shares were up 1.7 percent at $160 in premarket trading on Tuesday. Finally, Mcdaniel Terry & Co. increased its position in shares of Home Depot by 0.5% in the first quarter. Looking back over the last month, shares have performed 7.08%. Advantage Investment Management LLC bought a new stake in Home Depot during the fourth quarter worth about $103,000.

The stock is trading flat on the day heading into tomorrow's report, sitting around $157.10 per share on Monday afternoon, up $0.18 (+0.11%). (HD)'s latest closing price distance was 15.39% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 4.91% and 2.50% compared with the 20 Day Moving Average. The company has a market capitalization of $189.26 billion, a P/E ratio of 24.39 and a beta of 1.09. Home Depot has a 52-week low of $119.20 and a 52-week high of $158.15. Home Depot also was the target of unusually large options trading activity on Friday. Investors bought 12,204 put options on the company.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 21st. The analysts estimated EPS for the higher end at 2.27 and lower end at 2.18 while the year ago reported earnings per share was 2.22. Eleven analysts surveyed by Zacks expected $23.74 billion. Home Depot had a net margin of 8.23% and a return on equity of 123.29%.

Sales of new single-family homes rose 5.8% to a seasonally adjusted annual rate of 621,000 in March, the highest since last August, according to the Commerce Department. During the same period in the previous year, the business earned $1.17 earnings per share. On average, analysts predict that Home Depot Inc will post $7.20 EPS for the current fiscal year. If you are reading this piece on another site, it was copied illegally and reposted in violation of global copyright law. The legal version of this piece of content can be accessed at https://transcriptdaily.com/2017/05/15/vnbtrust-national-association-cuts-position-in-home-depot-inc-hd.html.

A number of research firms recently issued reports on HD.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Home Depot, Inc. The 52-week range is $26.95 to $35.50 and the consensus target price is $31.87. Vetr raised Home Depot from a "sell" rating to a "buy" rating and set a $146.79 price target for the company in a research report on Monday, February 13th. Wedbush restated a "neutral" rating and set a $145.00 price target on shares of Home Depot in a report on Wednesday, February 22nd. Of those thirty-two, twenty-one have a buy rating, eleven have a hold rating, and.

"Home improvement spending still remains healthier than most areas in retail", says Jefferies analyst Dan Binder.

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