Home Depot Inc
Score: Positive (94)
16 days at current score.
Upgraded from Neutral on September 4th 2018
- This company ranked positively compared to the Consumer Services sector despite only 2 positive IHS Markit Categories
- Perception of the company's creditworthiness is positive
- Bearish sentiment is low
- Economic output for the sector is expanding but at a slower rate
Short interest | Positive
Short interest is extremely low for HD with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HD.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding HD are favorable, with net inflows of $6.58 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months.
Credit default swap | Positive
The current level displays a positive indicator. HD credit default swap spreads are within the middle of their range for the last three years.
Please send all inquiries related to the report to email@example.com.
Charts and report PDFs will only be available for 30 days after publishing.
This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.