|Bid||97.50 x 800|
|Ask||98.24 x 3000|
|Day's Range||97.54 - 97.92|
|52 Week Range||70.76 - 108.98|
|PE Ratio (TTM)||21.28|
|Earnings Date||Aug 22, 2018|
|Forward Dividend & Yield||1.92 (1.94%)|
|1y Target Est||108.79|
Startup aims to simplify the painting process. Yahoo Finance's Seana Smith speaks with Clare Founder and CEO Nicole Gibbons.
MOORESVILLE, N.C. , Aug. 15, 2018 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) second quarter 2018 earnings press release, you are invited to listen to its conference call ...
NEW YORK, NY / ACCESSWIRE / August 15, 2018 / Home Depot was little changed on Tuesday despite announcing a raised outlook for 2018 sales and solid second quarter performance. Shares of Lowe’s saw a slight ...
Bill Ackman's Pershing Square Capital Management said in a Tuesday filing with the Securities and Exchange Commission that it has cut its position in Automatic Data Processing Inc. (adp) to 4.2 million shares at the end of June from 8.8 million shares at the end of March. Ackman had built up a stake in ADP as a part of his failed proxy battle, where he attempted to secure three seats on the board. Pershing has built a position in United Technologies Corp. (utx) of 4.5 million shares at the end of June.
Wall Street stocks advanced and the S&P 500 was on track for its best day in three weeks on Tuesday as a rebound in the Turkish lira eased contagion fears and a string of healthy earnings boosted investor optimism. Gains were widespread as the S&P 500 and the Dow Jones Industrial Average looked set to end their four-day losing streaks. The Turkish lira recovered some ground after plunging to an all-time low on Monday as the country's central bank took steps to ease pressure on the currency.
The earnings season, however, is one of the periods where we can actually concentrate on company profits and loss statements. Today, Home Depot (NYSE:HD) delivered a strong earnings report and investors reacted positively to the headline in after-hours trading. Another trend in investing these days is that Wall Street punishes company stocks even if they beat expectations but disappoint on the forward guidance.
Shares of home improvement giants Lowe’s Companies, Inc. (NYSE: LOW ) and Home Depot Inc. (NYSE: HD ) are rising. Lowe’s plans to release earnings data later this month, and Home Depot’s results are indicative ...
Synchrony (NYSE: SYF) and Lowe’s (NYSE: LOW) today announced a multi-year extension of their strategic partnership highlighting Synchrony’s commitment to offer Lowe’s customers enhanced purchasing options and valuable benefits. As part of the extension, Synchrony will continue to manage and service the consumer and commercial credit card programs for Lowe’s customers at the retailers’ more than 1,740 U.S. stores, as well as on Lowes.com.
Housing sales may have been down lately, but home-improvement companies are rocking. "Housing turnover of new and existing homes is at about 5% or 6%," Joe Feldman, an analyst at Tesley told TheStreet on Monday, Aug. 13. Shares of Home Depot, the leader in the sector, closed slightly down on Monday to $194.14.
Bill Ackman said he sees significant upside for home-improvement retailer Lowe’s Cos., much like he did almost seven years ago with one of his most successful investments, Canadian Pacific Railway Ltd. When Ackman’s Pershing Square Capital Management took its initial investment in CP Rail in 2011, the company had underperformed its larger rival, Canadian National Railway Co., for more than decade -- much like Lowe’s is now underperforming its rival Home Depot Inc.
William Ackman's publicly traded hedge fund is outperforming the broader stock market this year, fueled by rising prices at Chipotle Mexican Grill and Automatic Data Processing Inc, the billionaire investor said on Thursday. "While a few months of strong performance is too short a period to judge our performance, we believe that (Pershing Square Holdings) is back on track," Ackman wrote in his firm's interim financial report. Pershing Square Holdings is up 12.7 percent this year through Aug. 7.
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.
Home Depot (HD) is scheduled to post its second-quarter earnings before the market opens on August 14. In the first quarter, Home Depot posted adjusted EPS of $2.08, outperforming analysts’ expectations of $2.05. Also, the measures that the company’s management adopted such as the enhancement of the customer experience through the implementation of technological advancements and investing in its supply-chain to speed up its delivery service have also contributed to raising the company’s stock price.
MOORESVILLE, N.C., Aug. 7, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (LOW) today announced that Donald E. Frieson has been named executive vice president, supply chain, effective Aug. 8. In this role, Frieson will be responsible for the company's distribution centers, logistics, global sourcing, transportation and delivery services. Frieson will report to Marvin R. Ellison, president and CEO.
Home-improvement retailers Home Depot (HD) and Lowe's (LOW) will report earnings later this month, and analysts expect good things. Although second-quarter earnings season may finally be winding down, there are still plenty of companies that have yet to report. Home Depot and Lowe's are expected to release result on Aug. 14 and 22, respectively. Home Depot was one of one of 2017's big winners, and while Lowe's has long trailed behind its bigger rival, both have made small strides this year.
Lumber Liquidators (NYSE:LL) stock fell by over 20% following its second-quarter earnings report. The Virginia-based flooring retailer reported a loss as it missed earnings estimates by 30-cents-per-share despite higher revenues. Given the prospects for recovery, this knee-jerk reaction may have created a lucrative buying opportunity in LL stock.
New Lowe’s CEO Marvin Ellison was smiling and succinct Tuesday morning in Mooresville as he helped load 15,000 disaster-relief buckets that will go to California wildfire victims and to other disaster hotspots.