|Bid||158.52 x 400|
|Ask||158.85 x 100|
|Day's Range||157.36 - 159.39|
|52 Week Range||119.20 - 161.38|
|PE Ratio (TTM)||22.84|
|Earnings Date||Nov 14, 2017|
|Dividend & Yield||3.56 (2.25%)|
|1y Target Est||170.54|
It sounds reasonable, but Home Depot is already quite large, with revenues for the year ending in January of over $94 billion, growing 6% per year. The speculation, which sent the shares up 6.5% in September alone, does not help the investment case, because it brings the company’s price-to-sales ratio up to almost two to one, very high for a retailer. You don’t need a hurricane, or twin tropical storms, to justify buying Home Depot stock.
The brains behind The Home Depot Inc. and Turner Broadcasting still remain among the most respected in the world. As part of its 100th year anniversary, Forbes Magazine created a special issue that lists the world's 100 greatest living business minds, with essays, lessons and pearls of wisdom from each. Home Depot co-founders Arthur Blank and Bernard Marcus made the cut, and so did cable TV pioneer Ted Turner.
Here's how the newest addition to the home improvement retailer's empire is paying off.