|Bid||191.65 x 1000|
|Ask||191.98 x 900|
|Day's Range||190.75 - 194.49|
|52 Week Range||158.09 - 215.43|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||19.79|
|Forward Dividend & Yield||5.44 (2.67%)|
|1y Target Est||N/A|
Investing.com - After a week dominated by escalating trade tensions between the U.S. and China the trade war looks likely to remain to the forefront of investors’ minds, but this week will also feature Federal Reserve minutes, U.S. retail earnings and economic data as well as European Union elections.
This market can't seem to make up its mind, Jim Cramer told his Mad Money viewers Friday. Trade will be top of mind on Monday, Cramer said, as we wait to see if there will be any additional retaliation from China. Cramer said rainy weather could impact Home Depot's lucrative gardening season, but TJX should do well as that company buys merchandise, not from China, but from other retailers.
Home Depot has a long history of beating consensus estimates, and its bottom-line results have come in ahead of expectations every quarter since late 2014.
The stock market will confront the same issues on Monday as the week prior. The days following will see a lot of retailers hold conference calls, and Cramer is looking to see what they have to say about tariffs on Chinese imports. CNBC's Jim Cramer on Friday said he expects more of the same in the week ahead of stock trading.
The Sino-U.S. trade war is getting more acrimonious. After China responded to U.S. tariff increases with additional levies of its own, Washington blacklisted telecoms giant Huawei, prompting Chinese state social media to ramp up the war of words. All that's taken the yuan past 6.9 per dollar, despite authorities' efforts to snuff out speculation by adjusting daily exchange rate fixings and draining cash from markets.
Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.The earnings calendar shifts to retail next week at a very interesting time. With trade tensions rising, earnings reports in the sector need to be watched closely.Industry leader Walmart (NYSE:WMT) reported this week, posting strong results in its fiscal first quarter. But in the wake of potential 25% tariffs on Chinese goods, the retail giant announced it would raise prices. That commentary appears to have dampened a rally in WMT stock, which gained just 1.4% despite handily beating earnings estimates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe response to Walmart earnings sets up several interesting earnings reports last week as other retail leaders disclose their own fiscal Q1 numbers. Given a strong economy and high consumer confidence, more earnings beats seem likely. But with the trade war an obvious near-term concern, it may be that next week, too, it's forward-looking commentary, rather than backward-looking numbers, that capture investor attention.And given the companies reporting next week, that could drive trading as earnings season winds down. Key auto parts retailers Advance Auto Parts (NYSE:AAP) and AutoZone (NYSE:AZO) will try and reverse recent declines while facing significant potential tariff exposure. Walmart's key brick-and-mortar retailer may detail its own challenges and its plan to respond. The two housing leaders report. And the off-price channel sees a pair of key earnings reports. * 10 Baby Boomer Stocks to Buy Next week would have been big for the retail sector regardless. With recent developments, it might be huge for the entire market. Home Depot (HD)Source: Shutterstock Earnings Report Date: Tuesday, May 21, before market openThere might not be a better stock than Home Depot (NYSE:HD) to give a read on the current market. Home Depot's exposure to housing has been a drag on the stock of late: HD stock actually has been flat since the beginning of last year. Even with housing stocks recovering nicely this year, HD has weakened in recent weeks. Earnings from Home Depot should give a read on how the market is performing … and also reflect consumer sentiment in the key repair and remodel category.Home Depot also has direct exposure to the new tariffs and indirect exposure to the potential economic harm they could cause. And so the commentary from Home Depot management and the reaction in HD stock on Tuesday both should be watched closely. Do Home Depot executives believe the economy is strong enough to withstand more tariffs? And will investors believe them?Home Depot also has the nagging problem of a potential revival at competitor Lowe's Companies (NYSE:LOW). Lowe's reports on Wednesday morning, adding another data point regarding strength in the sector … and another potential mover for HD stock. TJX Companies (TJX)Source: Mike Mozart via FlickrEarnings Report Date: Tuesday, May 21, before market openOff-price retailers, including industry leader TJX Companies (NYSE:TJX), have largely escaped the worries about competition from Amazon (NASDAQ:AMZN) and other retailers. TJX stock took a hit in the Q4 market selloff, but recently challenged 2018 highs before pulling back of late.Here, too, tariffs likely will be a key part of the post-earnings discussion. Like Home Depot, TJX sees a rival report next week: Ross Stores (NASDAQ:ROST) is scheduled to release Q1 earnings after the close on Thursday. * Top 7 Dow Jones Stocks of 2019 -- So Far These two earnings reports likely won't have the same potentially market-moving impact as those from Home Depot and Lowe's. But for a sector whose valuations have returned to the past level, and which remains surprisingly immune to e-commerce, the key will be stability. TJX needs to show that growth is continuing … and that its moat remains intact. With so many uncertainties already in this market, investors don't want to deal with anymore. Target (TGT)Source: Mike Mozart via Flickr (Modified)Earnings Report Date: Wednesday, May 22, before market openTarget Corporation (NYSE:TGT) heads into its Q1 earnings report in need of good news. The rollout of one-day shipping from Amazon in late April sent TGT shares tumbling, and they haven't recovered yet. Tariff concerns likely are weighing on TGT stock as well, given the company doesn't have quite the same scale as WMT and that Target already is spending heavily on its omnichannel initiatives.That spend is a key reason why I've remained skeptical toward TGT stock … and it leaves the company with little room for error on Wednesday morning. If Walmart, which is relentless in its focus, is raising prices, Target may have to do the same.But those higher prices may push consumers away, hitting the traffic growth the company needs to leverage its rising operating expenses. It makes Target somewhat of a microcosm for the fears about tariff impacts more generally. And it makes the reaction to Target earnings a potential sign of what might be to come for U.S. stocks.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.
Will Home Depot Outperform Analysts’ Estimates in Q1?(Continued from Prior Part)Analysts’ recommendationsOf the 34 analysts covering Home Depot (HD), 67.6% have given it “buy” recommendations, while 32.4% have given it “holds.” On
The purpose of the elegant reception and dinner was to thank the 29 donors who gave a total of $27 million to “Legacy of Dreams” campaign.
These stocks are expected to thrive as the first wave of millennials turns 38, a prime age for growing young families and household formation.
Let's see if investors should think about buying Home Depot stock before it reports its first-quarter 2019 financial results on Tuesday, May 21.
LendingTree Chief Economist Tendayi Kapfidze talked to Yahoo Finance On the Move about the latest housing starts results.
Will Home Depot Outperform Analysts’ Estimates in Q1?(Continued from Prior Part)Analysts’ EPS estimatesAnalysts expect Home Depot (HD) to post first-quarter adjusted EPS of $2.18, a rise of 5.0% from $2.08 in the corresponding quarter of 2018.
The key to any home renovation project is to first identify your goals, according to "Good Bones" stars Karen Laine and Mina Starsiak.
Will Home Depot Outperform Analysts’ Estimates in Q1?(Continued from Prior Part)Revenue estimatesAnalysts expect Home Depot (HD) to post revenue of $26.39 billion in the first quarter of 2019, a rise of 5.8% from $24.95 billion in the
Will Home Depot Outperform Analysts’ Estimates in Q1?Stock performanceHome Depot (HD) will be reporting its first-quarter earnings results before the market opens on May 21. As of May 15, the company was trading at $191.76, a rise of 0.9% since
"This is the week when most retailers report, so we will be listening closely to what they say about the trade war," Jim Cramer says.
On Monday, we'll see the same dynamic we saw this week: the market will punish companies that source in China and reward companies that don't. That's important because this is the week when most retailers report, so we'll be listening closely to what they say about the trade war.
Stocks surge back from trade sell-off. Can the retail rally roll on? With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami.
Yahoo Finance's Adam Shapiro, Julie Hyman, and Andy Serwer join Interactive Brokers Chief Strategist Steve Sosnick and LendingTree Chief Economist Tendayi Kapfidze to discuss.