|Bid||195.32 x 900|
|Ask||195.32 x 1100|
|Day's Range||194.82 - 195.97|
|52 Week Range||146.89 - 207.61|
|PE Ratio (TTM)||25.35|
|Earnings Date||Nov 13, 2018|
|Forward Dividend & Yield||4.12 (2.08%)|
|1y Target Est||214.43|
Shares of Lowe's (LOW) have slipped over 3% in the last month in a sign that investors might be nervous about the home improvement company. Yet, after a strong report from rival Home Depot (HD), as well as impressive quarters from Walmart (WMT) and other retailers, what should we really expect from Lowe's when it reports its quarterly financial results Wednesday?
Since the announcement of Home Depot’s second-quarter earnings, Jeffries has raised its price target from $218 to $228, while RBC has increased its price target from $216 to $218. The strong second-quarter sales and measures adopted by the company’s management to drive its sales appear to have prompted analysts to raise their price targets.
Of all the valuation multiples, we’ll use the forward PE (price-to-earnings) multiple due to its high visibility in Home Depot’s (HD) future earnings. The forward PE multiple is calculated by dividing the company’s stock price by analysts’ earnings estimates for the next four quarters. Home Depot noted several events that cast a shadow on the company’s future earnings.
Home Depot (HD) posted adjusted EPS of $3.04, beating analysts’ expectations of EPS of $2.84. Its EPS growth was driven by revenue growth, expansion of its EBIT margin, a lower effective tax rate, and share repurchases. The company’s SG&A expenses increased due to the adoption of its new accounting standard and increased strategic investments.
The Zacks Analyst Blog Highlights: Home Depot, United Parcel, Occidental, Disney and Blackstone
Retailers, from Walmart Inc. to Nordstrom Inc., are reporting strong quarterly sales, evidence that the robust U.S. economy is spurring people to shop and that some chains have found ways to compete in an increasingly online world. “Customers tell us that they feel better about the current health of the U.S. economy as well as their personal finances,” Walmart Chief Executive Doug McMillon told investors Thursday. Walmart said its quarterly sales rose at the fastest rate in over a decade.
Moody's Investors Service, ("Moody's") has affirmed the ratings on five classes and downgraded the ratings on two classes in Greenwich Capital Commercial Funding Corp., Series 2006-GG7. Cl. A-M, ...
ATLANTA , Aug. 16, 2018 /PRNewswire/ -- The Home Depot ® , the world's largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of $1.03 per ...
It’s been a volatile trading week for U.S. stocks, as equities rebound with a vengeance on Thursday. What will that mean for Friday? Who knows. But we do have five great top stock trades to get to, so let’s go.Top Stock Trades for Tomorrow #1: Nvidia
A funny thing happened between Aug. 16, 2012, when Apple (NASDAQ:AAPL) initiated a $2.65 quarterly dividend, its first since 1995, and today — Apple became a dividend stock. Since the company paid that first dividend, Apple’s stock shot up 233% and its dividend has grown by 115%, an annualized growth rate of 14%. A big reason Apple initiated its capital allocation program in the first place was to appease investors who felt its growth was slowing and it wasn’t returning enough money to shareholders through dividends and share repurchases.
years of neglect with the once storied Craftsman tools line is now his opportunity. , told TheStreet in an exclusive interview. Stanley Black & Decker said in Jan. 2017 it would acquire Craftsman from cash-strapped Sears for a total consideration of $900 million.
It's not zero sum. Yes, the blowout numbers from Walmart are extraordinary. It's a huge company. One hundred million people shop there each week. But to suggest that few others are doing well in the segment and then to extrapolate that Amazon could be a loser is ridiculous.
Analysts expect Home Depot (HD) to post revenues of $110.71 billion in the next four quarters, which represents 6.1% growth from $104.32 billion in the corresponding four quarters of the previous year. After posting strong second-quarter earnings, Home Depot’s (HD) management raised its 2018 revenue growth guidance to 7.0% from an earlier estimate of 6.7%. Home Depot’s revenue growth is expected to be driven by the adoption of its new accounting standard and its positive SSSG (same-store sales growth).
Home Depot’s (HD) same-store sales grew 8.0% in the second quarter, outperforming analysts’ expectations of 6.6%. The company’s SSSG (same-store sales growth) was driven by an increase in average ticket size of 4.9% and transaction growth of 2.9%.
Home Depot (HD) posted revenues of $30.46 billion in the second quarter, which represents 8.4% growth from $28.1 billion in the second quarter of 2017. The shifting of its seasonal sales from the first quarter to the second quarter due to extreme winter conditions helped the company outperform analysts’ revenue estimate of $30.03 billion.
Amazon (AMZN) has recently expanded the options for its retail customers to receive their grocery orders from Whole Foods stores, a move that it expects to enhance its Whole Foods business. In addition to having grocery orders delivered to their doorsteps, Amazon Prime retail customers have the option to schedule a pickup from a Whole Foods store location of their choice. Amazon is also in the process of opening more Whole Foods stores, and this program may help it reach more customers.
Home Depot Co-Founder Ken Langone spoke exclusively with Bloomberg's David Westin to discuss tariffs and how he thinks that President Trump will pay the price of tariffs if he's a passionate believer in ...
Home Depot (HD) posted its second-quarter earnings before the market opened on August 14. The company posted adjusted EPS of $3.05 on revenues of $30.46 billion. Home Depot’s EPS increased 35.6% YoY (year-over-year), and its revenues rose 8.4% YoY.
With J.C. Penney (NYSE:JCP) hovering near key support, some investors might be thinking it’s time to scoop up JCP stock. That’s one way of thinking, but given the market we’re in, I’d rather avoid JCP.
Home Depot Inc. (NYSE: HD) results took a hit from higher transportation costs that were close to $49 million higher than in Q2. The company's full-year results also expected to feel an impact due to higher expenses. The world's largest home retailer joins a litany of other major companies seeing costs driven up by tighter trucking and freight markets.