Home Depot Lifts FY17 Earnings View As Q1 Results Top Estimates

Javier Howell
May 18, 2017

That makes the gains for Home Depot on Tuesday all the more impressive.

Shares of Amazon.com, Inc. Home Depot now has $189.85 billion valuation. (HD) are trading 0.07% upward from the 52-week high mark and 34.29% above from the fifty two-week low mark. Another trade for 10,000 shares valued at $1.28M was bought by BOYD JEFFERY H. Home Depot shares rose 0.14 percent to $157.55 in after-hours trading. "Outperform View" rating was revealed by 9 and "Underperform Signal" rating was issued by 0. Therefore 64% are positive. Relx had 5 analyst reports since August 27, 2015 according to SRatingsIntel. (The) had its "buy" rating reiterated by analysts at Stifel Nicolaus. The stock has "Buy" rating by Deutsche Bank on Wednesday, August 17. 10 rated the company as a "Hold". Mu Investments who had been investing in Home Depot for a number of months, seems to be less bullish one the $193.13B market cap company.

The price/earnings ratio (P/E) is 24.32 and the forward P/E ratio stands at 19.32. The Firm operates in four divisions: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.

Investors sentiment decreased to 0.8 in Q4 2016. Thanks to a rise of nearly 1.39% in the past five days, the stock price is now up 28.83% so far on the year - still in strong territory. It has outperformed by 2.19% the S&P500.

Home Depot Inc has a 12-month low of $119.20 and a 12-month high of $160.86. (NYSE:HD) is getting prepared to post earnings results on 5/16/2017 8:30:00 AM. Credit Suisse Group AG set a $148.00 price target on shares of Home Depot and gave the stock a buy rating in a research report on Saturday, February 18th. The Home Depot, Inc.is now trading 2.67% above its 20-day and 16.19% versus the 200-day simple moving averages while 5.52% compared with its 50-day simple moving average.

Other analysts have also issued reports about the stock. (HD) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that The Home Depot, Inc. The stock has "Buy" rating by Jefferies on Friday, May 13.

Check back later for our full write up on Home Depot's earnings report! Price targets frequently change, depending on the outlook for a company's earnings. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, November 16. The marriage of online and in-store shopping "creates growth opportunities for Home Depot", Menear added. The rating was maintained by UBS with "Buy" on Wednesday, November 18. Additionally, The Home Depot, Inc.

Schwab Charles Investment Management Inc increased its stake in Home Depot Inc (NYSE:HD) by 43.41% based on its latest 2017Q1 regulatory filing with the SEC. Tracking most recent quarter period, Price to book (P/B) ration is at 44.08 and Price to cash per share ration is at 75.33. The overall volume in the last trading session was 21.31 million shares. Its down 0.05, from 0.85 in 2016Q3.

TPG Group Holdings Advisors reported a 4.3 percent stake in Etsy Inc (NASDAQ: ETSY), while Dragoneer Investment Group reported a 3.7 percent stake in the company. 121 funds opened positions while 478 raised stakes.

Home Depot isn't ignoring the digital opportunities that have helped Amazon and Walmart either. Bokf Na holds 0.4% or 91,285 shares in its portfolio. Wallington Asset Mngmt Lc invested in 74,365 shares. Train Babcock Advsrs Lc accumulated 0.26% or 4,802 shares.

The Home Depot, Inc. Cranbrook Wealth Mngmt Ltd Co reported 1,140 shares stake.

The Home Depot, Inc. posted revenue of $22.21 billion. In the US, revenue by this measure rose 6 percent. Pinnacle Financial reported 0.31% stake. Inverness Counsel Lc New York holds 156,609 shares. New England Private Wealth Advisors Limited Liability Corp holds 2,436 shares or 0.11% of its portfolio.

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