Published: Tue, November 14, 2017
Business | By Max Garcia

Home Depot, Inc. (The) (NASDAQ:HD) To Report Earnings

Home Depot, Inc. (The) (NASDAQ:HD) To Report Earnings

As of the end of the quarter Rothschild Asset Management Inc had bought a total of 11,011 shares growing its position 3.1%. The firm has "Buy" rating given on Monday, October 3 by Standpoint Research. UBS maintained the shares of HD in report on Wednesday, November 18 with "Buy" rating. Telsey Advisory Group maintained the shares of HD in report on Monday, December 7 with "Outperform" rating. Robert W. Baird set a $175.00 price target on shares of Home Depot, Inc. The rating was maintained by S&P Research with "Hold" on Wednesday, August 19.

Home Depot also forecast 2017 comparables sales to be up approximately 6.5%. (The) in a research report on Tuesday, September 5th. This would represent solid year-over-year growth, but this could be priced into a strong stock that appears to be somewhat fundamentally overvalued and technically overbought. (The) (NASDAQ:HD), 14 rate it "Buy", 9 "Outperform", 10 "Underperform", 0 "Sell", while 0 "Hold". The stock now has a consensus rating of "Buy" and a consensus price target of $173.18.

Home Depot, Inc. has a 12-month low of $122.92 and a 12-month high of $167.94. (NYSE HD) traded up $0.84 on Monday, reaching $164.11. Shaker Financial Services Llc sold 46,351 shares as Central Secs Corp (CET)'s stock rose 6.56%. Arcadia Inv Corporation Mi owns 0.84% invested in Home Depot Inc (NYSE:HD) for 17,280 shares. The company has market cap of $193.46 billion.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 15th. The institutional investor held 99,900 shares of the consumer non-durables company at the end of 2017Q2, valued at $9.59 million, down from 131,875 at the end of the previous reported quarter. The Home Depot Inc. had 82 analyst reports since August 19, 2015 according to SRatingsIntel. The business had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion.

Earnings of $1.84 a share, excluding items, compared with a forecast profit of $1.82 per share. More interesting news about Home Depot Inc (NYSE:HD) were released by: Benzinga.com and their article: "Why One Analyst Would Prefer To Build A Position In Lowe's Rather Than Home Depot" published on November 07, 2017 as well as Fool.com's news article titled: "Home Depot Inc.in 5 Charts" with publication date: October 14, 2017.

ILLEGAL ACTIVITY NOTICE: "Home Depot, Inc". If you are reading this piece on another publication, it was illegally copied and reposted in violation of US & global trademark & copyright law. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/home-depot-inc-the-hd-price-target-raised-to-190-00/1767398.html. Atlantic Securities downgraded the shares of HD in report on Thursday, May 11 to "Neutral" rating. In terms of recent volatility, the average for the month is 1.15% and 1.03% for the past week. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Roseborough Teresa Wynn sold 29,076 shares worth $4.57 million. The stock has "Outperform" rating by Oppenheimer on Thursday, January 26. About 3.55 million shares traded or 5.65% up from the average. The disclosure for this sale can be found here. In the last quarter, insiders sold 57,717 shares of company stock worth $8,916,321.

Several large investors have recently added to or reduced their stakes in the company. The stock of Home Depot Inc (NYSE:HD) has "Buy" rating given on Wednesday, November 18 by Argus Research. (The) by 2.9% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 33,597 shares of the home improvement retailer's stock valued at $4,933,000 after purchasing an additional 324 shares during the period.

The 20-day Simple Moving average for The Home Depot, Inc. (The) by 12.4% during the first quarter. Capital World Investors is the second biggest holder with 78 million shares now valued at 12.03 B million whilst State Street Corp has 54 million shares valued at 8.32 B million.

The Home Depot, Inc. value Change from Open was at 0.43% with a Gap of 0.32%. (The) by 1.3% during the second quarter. Waldron LP now owns 4,004 shares of the home improvement retailer's stock valued at $573,000 after acquiring an additional 2,041 shares during the period. Finally, Alliancebernstein L.P. increased its position in Home Depot, Inc. (The) by 1.0% in the 1st quarter. 822.13 million shares or 1.82% less from 837.36 million shares in 2017Q1 were reported.

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