114.32 0.00 (0.00%)
After hours: 5:17PM EST
|Bid||114.21 x 1000|
|Ask||114.21 x 800|
|Day's Range||114.19 - 115.54|
|52 Week Range||84.75 - 118.23|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||36.14|
|Forward Dividend & Yield||2.20 (1.92%)|
|1y Target Est||N/A|
Home Depot stock is up more than 22% in the past six months to easily outpace its industry's 6% average climb and the S&P 500's 10% expansion. So is it time to buy HD before its Q3 earnings release?
Continued soft comps might have affected J. C. Penney's (JCP) performance in Q3. However, the company's results are expected to reflect its efforts to get back on the growth trajectory.
Nordstrom's (JWN) third-quarter fiscal 2019 results are likely to reflect gains from efforts to enhance store base and e-commerce. However, higher costs remain deterrents.
Kohl's (KSS) third-quarter fiscal 2019 results are expected to reflect escalated costs. The company's efforts to boost store and e-commerce sales bode well.
Ross Stores' (ROST) fiscal third-quarter results likely to reflect benefits of initiatives, including better pricing strategy, merchandise endeavors, cost-containment and store-expansion plans.
Home Depot's (HD) ongoing strategies and solid execution are expected to get reflected in third-quarter fiscal 2019 results. Lumber price deflation and higher costs might be drags.
October is over, much to the delight of investors, mainly because it historically experienced 37% greater monthly price fluctuations than the average for the other 11 months since 1945, notes analyst Sam Stovall, chief investment strategist for CFRA Research's The Outlook.
While we see less upside to the third quarter (total comps below consensus and earnings per share only in line), Lowe’s relative valuation versus its closest peer is near its trough level, industry demand is improving (modestly), and there are multiple sales/margin levers ahead. We downgraded the home-improvement space just over a year ago on concerns over slowing home-price appreciation and rising interest rates, which we expected to pressure comps. Lowe’s is not.
Instinet initiated a number of retailers on Friday, calling AutoZone Inc. (price target $162), Walmart Inc. (price target $132) and Lowe's Cos. (target price $132) its best ideas. "Our positive outlook is based on share gains in stores and online, particularly in grocery," Instinet wrote about Walmart. "We also believe Walmart is well positioned to take advantage of a favorable consumer backdrop, but can also outperform in a weaker environment due to defensive characteristics." On the other hand, analysts started Ulta Beauty Inc. at reduce with a $215 price target. "We believe that growth will remain slow industrywide for the near term, which, even with Ulta's share gains, will lead to below-trend comps, a tougher margin outlook, and potential earning misses." In off-price, buy-rated TJX Cos. (price target $65) is preferred over Burlington Stores Inc. (price target $220). Analysts rate Ross Stores Inc. neutral with $110 price target. The SPDR S&P Retail ETF is up 8.3% for the year to date while the S&P 500 index and the Dow Jones Industrial Average are up 23% and 18.3% respectively for the period.
Credit Suisse downgraded the home improvement space more than a year ago amid concerns of a slowdown in home price appreciation and rising interest rates. Credit Suisse analyst Seth Sigman upgraded Lowe's from Neutral to Outperform with a price target lifted from $114 to $129. Lowe's stock is trading at around 16.7 times 2020 EPS, Sigman said is a 20% discount to Home Depot versus a five-year average discount of 8% and a 10-year average discount of 10%.
The home-improvement retailer’s valuation compared to its closest competitor has likely hit its low point and demand is increasing, Credit Suisse says.
U.S. stock futures are flat Wednesday morning because they can’t go up everyday. Still, several stocks, such as Altice, Lowe’s and HP, are moving on earnings, deals, and upgrades.
Builders FirstSource (BLDR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Fossil's (FOSL) third-quarter 2019 results are expected to reflect impacts of currency headwinds and business exits. However, the New World Fossil plan bodes well.
Sally Beauty's (SBH) fourth-quarter fiscal 2019 results are expected to reflect impacts of the Transformation Plan and supply-chain efforts. However, soft SBS and BSG units are a concern.
Today we'll take a closer look at Lowe's Companies, Inc. (NYSE:LOW) from a dividend investor's perspective. Owning a...
WW International's (WW) third-quarter bottom line is expected to reflect sluggishness in gross margin along with any deleverage in marketing and G&A expenses.
Office Depot (ODP) has been focusing on business operating model, viable projects and cost structure, and making incremental investments to increase the revenue contribution from services.