|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||173.51 - 177.60|
|52 Week Range||167.80 - 215.43|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||20.87|
|Forward Dividend & Yield||4.12 (2.22%)|
|1y Target Est||207.07|
Is now the time to think about buying Lowe's stock? Let's take a look at its Q3 outlook and some fundamentals to find out.
Chairman, CEO & President of The Home Depot Inc (NYSE:HD) Craig A Menear sold 117,327 shares of HD on 11/14/2018 at an average price of $180.42 a share.
Investors should be bullish on store chains with digital savvy like Target, Kohl’s, Tiffany, and Home Depot, but cautious of retailers that don’t have unique merchandise.
For the third quarter, analysts are expecting Lowe’s Companies (LOW) to post EPS of $0.98, which represents a fall of 6.7% from $1.05 in the corresponding quarter of 2017. The adoption of a new revenue recognition standard and the company’s decision to exit its Orchard Supply Hardware business is expected to lower Lowe’s EBIT margin from 9.2% in the third quarter of 2017 to 6.9%. Analysts expect the company’s effective tax rate to fall from 37.1% in the third quarter of 2017 to 25.5% due to the enactment of tax reforms.
Early losses in chip stocks and retail names sent stocks to a weak open Friday, but Viacom rose on earnings, and PG&E received some relief.
Analysts expect Lowe’s Companies (LOW) to post revenue of $17.4 billion in the third quarter, which represents an increase of 3.5% from $16.77 billion in the corresponding quarter of 2017. The revenue growth is expected to be driven by positive SSSG (same-store sales growth), the addition of new stores, and the adoption of a new revenue recognition standard. At the end of the second quarter of 2018, Lowe’s operated 2,155 stores compared to 2,144 in the third quarter of 2017.
Lowe’s Companies (LOW) plans to report its third-quarter earnings before the market opens on November 20. As of November 15, the company was trading at a stock price of $93.68, which represents a fall of 6.1% since the announcement of its third-quarter earnings on August 22. In the second quarter, Lowe’s had posted adjusted EPS of $2.07 on revenue of $20.89 billion, outperforming analysts’ EPS expectation of $2.02 and revenue estimate of $20.78 billion.
(HD) (ticker: HD) stock is falling Friday following a downgrade from Bank of America Merrill Lynch. Where we were: After a strong 2017, Home Depot has been humbled this year. Home Depot fell after reporting third-quarter results last week.
Another carryover is the semiconductor situation, with that entire volatile sector potentially coming under pressure after disappointing Nvidia Corporation (NASDAQ: NVDA) earnings hit the tape late Thursday (see more below). Meanwhile, Commerce Secretary Wilbur Ross splashed cold water on China trade hopes by saying talks later this month between President Trump and China’s President Xi would be to set up a “framework” for future talks, and that the U.S. still plans to raise tariffs on China in January. As the opening bell drew near, Fed Vice Chair Richard Clarida told CNBC that the Fed is close to the point of being “neutral” on interest rates and should base further increases on economic data, the network reported.
Remember the other night we did an "Off the Charts" piece keying on the observation by Larry Williams that 33 times out of 33 times buying Home Depot and holding it for 10 days (with a stop loss) has produced a winning trade.
To Stacey Tank, effective leaders have their ears open and their priorities straight. “I think great leaders demonstrate strong listening skills,” said Tank, 37, vice president of home services at The Home Depot Inc. (NYSE: HD), via email. “Stacey Tank is someone who says ‘yes’ to challenges that others may turn away from,” Hsiao emailed.
ATLANTA , Nov. 15, 2018 /PRNewswire/ -- The Home Depot ® , the world's largest home improvement retailer, today announced that its board of directors declared a third quarter cash dividend of $1.03 per ...
The Home Depot Inc. (HD) reported third-quarter earnings that were significantly higher than the same period last year. Same-store sales revealed some resilience in the face of a slowing housing market, though some analysts are not yet convinced the link between the company's revenue and the health of the housing market has been severed completely. Warning! GuruFocus has detected 3 Warning Signs with SORL.
A prime example is the so-called “Santa Claus rally.” The theory goes that the best stocks to buy right now are those which consistently rise in December. Simply pick out the best stocks that provide the most returns in December, and voila! You have free money in your portfolio. Some market analysts are adamant that the Santa Claus rally is real, backing up their sentiment with hard data.
The Dow Jones Industrial Average early Thursday was trading near sessions lows, with Home Depot and Boeing Co. shares producing the stiffest headwind for blue chips. The Dow was down about 293 points at the day's nadir, with a decline in components Home Depot Inc. and Boeing Co. exacting a roughly 90-point toll on the price-weighted Dow. Most recently, the Dow was down 202 points, or 0.8%, at 24,879. Turmoil in Britain's plan to exit from the European Union, fears about further rate hikes from the Federal Reserve amid signs of slowing growth were among a number of factors fueling uncertainty in domestic markets. The S&P 500 index was off 0.8% at 2,679, while the technology-laden Nasdaq Composite Index retreated by 0.5% to reach 7,105. Tensions over trade relations between China and the U.S. also remain a concerns for investors.
Of the 34 analysts that cover Home Depot (HD) stock, 76.5% have given it “buys,” while the remaining 23.5% have given it “holds.” No analysts have given the stock “sell” ratings. On average, analysts have a 12-month price target of $208.28 on the stock, which represents a potential upside of 16.4% from its current price of $179.0. Since the announcement of Home Depot’s fiscal 2018 third-quarter earnings results, Telsey Advisory Group, Wells Fargo, and Baird have all lowered their price targets on its stock.
In the third quarter of fiscal 2018, Home Depot (HD) posted adjusted EPS of $2.51, a rise of 34.2% from $1.87 in the corresponding quarter of fiscal 2017.
In the third quarter of fiscal 2018, Home Depot (HD) posted a net margin of 10.9% compared to 8.8% in the corresponding quarter of the previous year. The expansion in the company’s net margin was driven by its higher gross margin, its lower D&A (depreciation and amortization) and interest expenses, and a fall in its effective tax rate. Home Depot’s gross margin improved 0.2% due to its adoption of a new accounting standard that contributed 0.47%.
The United has ridden the wave of its record-setting fan support to debut atop Forbes magazines's list of most valuable Major League Soccer clubs.