|Bid||1,147.55 x 0|
|Ask||0.00 x 0|
|Day's Range||1,153.00 - 1,153.00|
|52 Week Range||1,153.00 - 1,153.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Can Lowe’s Upward Momentum Continue? Of the 33 analysts that follow Lowe’s (LOW), 78.8% recommended a “buy” as of September 18, while 21.2% recommended a “hold.” On the same day, analysts set an average target price of $118.82, which represents a return potential of 2.8% from its stock price of $115.55. Since the announcement of Lowe’s second-quarter earnings on August 22, UBS, Raymond James, Stifel, SunTrust Robinson, Jefferies, Wedbush, and RBC have all raised their target prices. Wedbush raised its target price from $92 to $105.
For the next four quarters, analysts expect Lowe’s (LOW) to post an EPS of $5.42, which represents 7.3% growth from $5.0 in the same four quarters the previous year.
Can Lowe’s Upward Momentum Continue? For the next four quarters, analysts expect Lowe’s (LOW) to post revenues of $72.79—a rise of 3.2% from $70.51 billion in the same four quarters the previous year. Accounting for the closure of Orchard Supply Hardware stores and the inventory rationalization initiative, Lowe’s management lowered its 2018 revenue growth guidance to 4.5% from the earlier guidance of 5.0%.
In the days since then-Hurricane Florence slammed into the coast of southeastern North Carolina, there's been an outpouring of donations from some of the Triad and North Carolina's largest employers.
On September 18, Lowe’s (LOW) hit a new 52-week high of $115.72 due to the expectation of an increase in hurricane-related sales. Lowe’s closed the day at $115.55. As reported by CNBC on September 17, Jefferies analyst Jonathan Matuszewski wrote a note to his client.
How Much Upside Potential Is Left in Home Depot’s Stock Price? No analysts have given HD “sell” recommendations. On average, analysts have given the stock a price target of $215.47, which represents a return potential of 3.1% from its price of $209.07.
How Much Upside Potential Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post EPS of $9.94, which represents a rise of 14.4% from its EPS of $8.69 in the corresponding four quarters of the previous year. HD’s EPS growth will likely be driven by its revenue growth, the expansion of its net margin, and its share repurchases.
How Much Upside Potential Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post revenue of $111.18 billion, which represents a rise of 6.6% from its revenue of $104.32 billion in the corresponding four quarters of the previous year. Its revenue growth will likely be driven by positive SSSG (same-store sales growth), its adoption of a new accounting standard, its addition of new stores, and one extra week of operations.
As of September 14, Home Depot (HD) was trading at $209.07, a rise of 7.7% since the announcement of its second-quarter earnings on August 14. In the second quarter, Home Depot posted adjusted EPS of $3.05 on revenue of $30.46 billion, outperforming analysts’ consensus EPS expectation of $2.84 and their revenue estimate of $30.03 billion. After posting its second-quarter earnings results, Home Depot’s management raised its revenue, SSSG, and EPS guidances for 2018.
UPS is one of many local companies and institutions stepping up to help relief efforts in North Carolina and South Carolina – the two states that got hit the hardest from Florence and its aftermath.
International trade issues continue to hang over the U.S. stock indexes, but President Trump's determination appears unshakable.
While most of the sectors took a beating from the hurricane, industries like building supplies, home improvement, car rentals and gasoline benefit in the aftermath of hurricane.
Can Wayfair Stock Continue Its Momentum? There have been no changes to these analysts’ price targets in the last 30 days. Currently, the analysts’ 12-month average target price for Wayfair stock is $124.29, which reflects a 16.9% downside to its stock price on September 12.
Can Wayfair Stock Continue Its Momentum? Online furniture retailer Wayfair’s (W) stock price has risen 86.2% this year to $149.50 as of September 12. Strong sales numbers for the first half of the year, along with a tremendous growth opportunity in the online home goods market, is driving the stock. The company’s top line is being driven by growth in its US and international segments.
The stock market held moderate gainsThursday, as Apple recovered from Wednesday's fall. Adobe Systems will report after the close.
I’ve been keeping an eye on The Home Depot Inc (NYSE:HD) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, IRead More...
Oil prices rose, chip stocks faltered early Wednesday, leaving stocks narrowly mixed as Chevron, Gilead Sciences and Tilray posted early gains.
Home Depot and Nike rose Tuesday, while trade war sensitive names dragged stock futures lower. IBD 50 stock Integrated Devices spiked on merger news.
Stock indexes: Pockets of strength were developing in stocks likely to benefit from the arrival and repairs related to Hurricane Florence.
The stock prices of both Home Depot (HD) and Lowe’s Companies (LOW) tend to move in tandem with analysts’ ratings. When analysts raise their price targets, the stock price of a company tends to move up and vice versa.
Could Home Depot and Lowe’s See Upward Momentum in H2 2018? The forward PE multiple can be computed by dividing the company’s stock price by analysts’ earnings estimate for the next four quarters. On September 4, Home Depot was trading at a forward PE multiple of 20.6x compared to 19.7x before the announcement of its second-quarter earnings.
Could Home Depot and Lowe’s See Upward Momentum in H2 2018? Dividends aid investors by smoothening out return volatility, which is vital for cyclical companies such as home improvement retailers. Home improvement retailers’ sales depend heavily on the economy and other macroeconomic factors.
The pick was among five finalists submitted to Atlanta Mayor Keisha Lance Bottoms by her transition group’s airport general manager search committee, which was co-chaired by Carol Tomé and Dave Abney.