|Bid||95.22 x 200|
|Ask||95.25 x 200|
|Day's Range||94.86 - 97.40|
|52 Week Range||78.23 - 117.70|
|Beta (3Y Monthly)||2.03|
|PE Ratio (TTM)||19.96|
|Earnings Date||Nov 20, 2018|
|Forward Dividend & Yield||1.92 (1.98%)|
|1y Target Est||118.07|
Lowe's (LOW) Q3 performance is likely to gain from sturdy comps. However, efforts to rationalize inventory, adverse product mix shifts and higher transportation costs raise concerns.
Home Depot earnings rose 36%, easily beating estimates. The home improvement chain edged past views. The Dow Jones component opened lower.
Home Depot (NYSE:HD) is the largest home improvement retailer in the U.S., which also means HD stock is linked closely with the housing market. Basically, this sector and HD stock are under a bit of pressure now, as the construction season is slowing down due to colder weather and e-commerce is eating into the companies’ broader offerings, like cleaning products, tools, etc. This explains why HD stock is now in the red about 4% year-to-date.
Lowe's (LOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MOORESVILLE, N.C. , Nov. 13, 2018 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) third quarter 2018 earnings press release, you are invited to listen to its conference call ...
U.S. stock futures rose on Tuesday, as strong earnings from Home Depot Inc and a rebound in technology stocks put Wall Street on track to end a three-day run of losses. Shares of Home Depot rose 3.5 percent in premarket trading after the No.1 home improvement chain reported a better-than-expected rise in sales at established U.S. stores. The report comes in a week that is heavy on retail earnings, from companies including Walmart Inc and Macy's Inc, that could show how rising wages in the United States are eating into margins.
Can Williams-Sonoma Outperform Analysts’ Expectations in Q3? Of the 25 analysts that follow Williams-Sonoma (WSM), 4.0% are favoring a “buy” rating, 80% are favoring a “hold” rating, and 16.0% are favoring a “sell” rating. On average, analysts have a 12-month price target of $62, which represents a downward potential of 3.1% from its stock price of $64.0.
are battling for retail home improvement market share largely unchallenged by third parties. Both stocks are falling today as macro pressures from the Federal Reserve and mortgage data weigh on market sentiment, but at the same time each company is trying to position itself as the pre-eminent player in retail home improvement. One of the largest developments that both companies will need to address is the bankruptcy of what was once the nation's largest retailer in Sears.
Home Depot (NYSE:HD) stock has been unfairly punished, if you ask me. The retailer continues to beat expectations and is churning out some of the best growth in the industry. Despite that, though, HD stock has been pummeled during the recent selloff — Lowe’s (NYSE:LOW) too. What gives?
Can Williams-Sonoma Outperform Analysts’ Expectations in Q3? Analysts expect Williams-Sonoma (WSM) to post EPS of $0.94, which represents an increase of 9.7% from $0.86 in the corresponding quarter of the previous year. Williams-Sonoma’s EPS growth is expected to be driven by revenue growth, a lower effective tax rate, and share repurchases, partially offset by lower EBIT margins.
Can Williams-Sonoma Outperform Analysts’ Expectations in Q3? Analysts expect Williams-Sonoma (WSM) to post revenue of $1.37 billion in the third quarter, which represents an increase of 5.2% from $1.30 billion in the third quarter of 2017. Williams-Sonoma’s revenue growth will likely be driven by growth in both retail and e-commerce sales and the adoption of a new accounting standard.
Can Williams-Sonoma Outperform Analysts’ Expectations in Q3? Williams-Sonoma (WSM) is scheduled to post it third-quarter earnings after the market closes on November 15. In the second quarter, Williams-Sonoma posted adjusted EPS of $0.77 on revenues of $1.27 billion, outperforming analysts’ expectations of $0.68 and $1.26 billion. Also, the company posted a comparable brand sales growth of 4.6%, beating analysts’ expectation of 4.1%.
No analysts have given the stock “sell” ratings. On average, analysts have a price target of $213.14 on the stock, which represents a potential return of 13.4% from its price of $188. Since the beginning of October, Raymond James, Morgan Stanley, and Credit Suisse have lowered their price targets on HD.
Lowe’s new CEO, Marvin Ellison, has already shuttered other stores, in an effort to focus on the core business.
Lowe’s says it will close 47 underperforming stores and 4 other locations, including 20 stores in the U.S., as part of its plan to focus on its most profitable stores.
MOORESVILLE, N.C. , Nov. 9, 2018 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of forty-eight cents ($0.48) per share, payable February ...
For the third quarter, analysts expect Home Depot (HD) to post adjusted EPS of $2.26, representing a rise of 21.1% from its EPS of $1.87 in the corresponding quarter of the previous year. The company’s EPS growth is expected to be driven by revenue growth, net margin expansion, and share repurchases. Analysts expect Home Depot’s net margin to expand to 9.9% from 8.8% in the third quarter of 2017.
Analysts expect Home Depot (HD) to post third-quarter revenue of $26.3 billion, a rise of 4.9% from $25.03 billion in the corresponding quarter of the previous year. The company’s revenue growth is expected to be driven by its adoption of a new accounting standard, its new store additions over the last four quarters, and its positive SSSG (same-store sales growth). By the end of the second quarter, Home Depot operated 2,286 stores compared to 2,283 stores at the end of the third quarter of 2017.
The Mooresville-based home-improvement retailer rolled out a bunch of sales and discounts last week, giving Lowe’s shoppers a jump on the busiest retail day of the year.
ANGI HomeServices, National Oilwell Varco, Home Depot, Macy's and Lowe's highlighted as Zacks Bull and Bear of the Day
Lowe's Cos. and RH were both downgraded to hold from accumulate at Gordon Haskett Research Advisors on concerns about the slowing housing market. On Lowe's, analysts emphasize that they view the home improvement retailer's third-quarter results and new chief executive, Marvin Ellison, "positively." However, there's "uncertainty around the housing backdrop/expectation for slowing remodeling activity in the near term," the report said. Gordon Haskett prefers Home Depot Inc. , which they say is "investing offensively and better positioned to navigate a potentially choppy backdrop." In addition to the slowing housing market, analysts led by Chuck Grom say that the RH customer is likely to be impacted by market volatility. RH is a luxury furniture seller and Gordon Haskett has "a hard time envisioning a high-end backdrop that improves from current levels." Lowe's shares have gained nearly 8% for the year to date while RH shares have rallied 49.3% for the period. Gordon Haskett also downgraded Nordstrom Inc. to reduce based on valuation. Nordstrom shares are up 41.6% for 2018 to date. The S&P 500 index is up 5.3% for the year so far.
Former Marine Joe McFarland believes his fellow veterans working at Lowe’s Cos. Inc. are holding back on declaring themselves. It’s not that they’re hiding anything, McFarland says. Military service sometimes just doesn’t make it into a Lowe’s associate’s personnel record.