|Bid||18.34 x 21500|
|Ask||18.67 x 1400|
|Day's Range||18.21 - 18.56|
|52 Week Range||16.52 - 29.63|
|PE Ratio (TTM)||6.47|
|Earnings Date||Sep 25, 2018|
|Forward Dividend & Yield||0.64 (3.44%)|
|1y Target Est||17.75|
Analysts expect Lowe’s Companies (LOW) to post adjusted EPS of $2.02 in the second quarter of 2018, which represents a YoY (year-over-year) growth of 28.7% from $1.57. EPS growth will likely be driven by revenue growth, a lower effective tax rate, and share repurchases, partially offset by a lower EBIT (earnings before interest and tax) margin.
What Can We Expect from Lowe’s Q2 2018 Earnings? Analysts expect Lowe’s Companies (LOW) to post revenue of $20.79 billion, which represents a growth of 6.6% from $19.5 billion in the second quarter of 2017. Revenue growth will likely be driven by the addition of new stores, positive SSSG (same-store sales growth), and the adoption of a new accounting standard.
What Can We Expect from Lowe’s Q2 2018 Earnings? Lowe’s Companies (LOW) is scheduled to announce its earnings for the second quarter of 2019 earnings before the market opens on August 22. As of August 16, Lowe’s was trading at $97.68, which represents a rise of 13.9% since the announcement of its first-quarter earnings on May 23.
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.
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 (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.
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.
This bull market is getting awfully long in the tooth. Stocks haven't recorded a 20% drop since March 9, 2009 - the beginning of the recovery from the Great Recession. At 3,444 days at last count, this bull market is on pace to set the all-time record on Aug. 22, surpassing the 3,452-day rally between Oct. 11, 1990. Nothing lasts forever, of course, and that will be true of the current bull market at some point. "Since we are back close to the highs for the S&P 500, risks of a pullback have certainly risen," Wall Street veteran Bill Stone told CNBC on Aug. 9. But even with a bear market nowhere in sight, some individual stocks may be in trouble. TipRanks' Stock Screener reveals stocks with a bearish analyst consensus rating - so while we often use the screener to identify stocks to buy, it's also useful in targeting stocks to avoid or even sell. Today, we'll look at seven stocks that have consensus hold or sell ratings from Wall Street right now, indicating that they could be trouble in the months ahead. We'll also share analysts' price targets on these stocks to avoid, and the pros' reasons as to why. SEE ALSO: 10 of the Market's Most Shorted Stocks
The rating on the Cl. B was affirmed due to the sufficiency of the credit support level and the transaction's key metric, the weighted average rating factor (WARF), being within acceptable ranges. The rating on the Cl. C was upgraded because of increased credit support resulting from loan paydowns and amortization. The ratings of Credit Tenant Lease (CTL) deals are primarily based on the senior unsecured debt rating (or the corporate family rating) of the tenants leasing the real estate collateral supporting the bonds.
Of the 34 analysts that follow Home Depot (HD), 76.5% favor a “buy,” while the remaining 23.5% favor a “hold.” None of the analysts are recommending a “sell” option. As of August 6, Home Depot was trading at a stock price of $195.69. On the same day, analysts set an average price target of $212.55, which represents a return potential of 8.6% from its current stock price.
Of all the valuation multiples, we have opted for the forward PE (price-to-earnings) multiple due to high visibility in Home Depot’s (HD) future earnings. The forward PE multiple is computed by dividing the company’s stock price by analysts’ earnings estimates for the next four quarters. The improvement in macroeconomic factors such as an increase in home prices, a lower unemployment rate, increasing wages, and the expectation of strong second-quarter sales have led to a rise in Home Depot’s stock price and its valuation multiple.
Analysts anticipate Home Depot (HD) will post EPS (earnings per share) of $2.84, which represents a rise of 26.2% from $2.25 in the second quarter of 2017. The EPS growth is expected to be driven by revenue growth, a lower effective tax rate, and share repurchases.
For the second quarter, analysts expect Home Depot (HD) to post revenue of $30.0 billion, which represents a rise of 6.7% from $28.11 billion in the corresponding quarter of the previous year. The revenue growth would likely be driven by positive SSSG (same-store sales growth), the addition of new stores, and the implementation of new accounting standards. The extreme winter weather in the first quarter negatively impacted Home Depot’s sales.
The ratings on the P&I classes A-MFX, A-MFX2 and A-MFL were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The ratings on the P&I classes A-J, B, C and D were affirmed because the ratings are consistent with Moody's expected loss. Moody's rating action reflects a base expected loss of 68.8% of the current balance, compared to 65.2% at Moody's last review.
The ratings on six P&I classes, classes A-1 to A-M, were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 6.8% of the current pooled balance, compared to 4.6% at Moody's last review. Moody's base expected loss plus realized losses is now 6.6% of the original pooled balance, compared to 4.6% at the last review.
As the Trump administration considers raising pending tariffs on some $200 billion of Chinese imports to 25% from 10%, key retailers could suffer.
When can negativity be used for something positive? Well, in the market, a quick look at the most shorted stocks could unearth potential. The typical investor's approach to the market is buying low, then selling high. This simple approach also is the wisest for most buy-and-holders in that it allows them to ride the market's natural long-term tendency to edge its way ever higher. But investors also can first sell high, then buy that stock back in the future at (hopefully) a lower price. The practice is called short selling: selling shares you don't own yet, knowing you must buy them back in the future to close out your trade. It's not for the faint of heart. The risk in short sales is theoretically infinite because a stock's price can continue rising in perpetuity. A trader eventually will have to buy a stock he or she has shorted to close a short position out, and sometimes because the stock's price is moving higher, not lower. When some short trades are dire enough, the brokerage firm handling the trade will force the buyback. These forced buybacks also create opportunities for more conventional investors. The most shorted stocks also have built-in armies of buyers waiting in the wings. If they're pushed hard enough by fear of losses stemming from a rising stock price, they'll "cover" their short positions - by buying the stock - fanning already bullish flames. Here are 10 of the stock market's most shorted stocks. While a large chunk of Wall Street is bearish on these names, the potential for a wave of short-covering is on the table. SEE ALSO: The 18 Best Stocks to Buy for the Rest of 2018
NEW YORK, July 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Amazon.com, ...
NEW YORK, July 30, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of TC ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes in JPMBB Commercial Mortgage Securities Trust 2015-C30, Commercial Mortgage Pass-Through Certificates, Series ...
On June 26, Morgan Stanley raised its price target to $47 from $35 and upgraded it to “overweight.” The 12-month average target price for HOME stock is $42.63, which reflects a 12.4% upside as of July 20. There was no price revision activity for Restoration Hardware, Bed Bath and Beyond, or Williams-Sonoma over the past 30 days. Currently, analysts’ 12-month average target price for RH stock is $147.75, which reflects a 9.6% upside as of July 20.