Sunday, 19 November, 2017

Why Home Depot Earnings Are Not Pleasing to Investors

Home Depot Home Depot , BNN
Laurie Berry | 14 November, 2017, 15:24

Centre Asset Management Llc sold 4,150 shares as Home Depot Inc (HD)'s stock rose 9.30%. The Home Depot Inc. (The) were worth $34,604,000 as of its most recent SEC filing. Abbrea Capital LLC now owns 9,026 shares of the home improvement retailer's stock worth $1,385,000 after purchasing an additional 251 shares during the last quarter. Moreover, Cobblestone Capital Advisors Limited Ny has 0.07% invested in Home Depot Inc (NYSE:HD) for 3,399 shares. (The) by 0.7% during the first quarter. Moloney Securities Asset Management LLC now owns 4,816 shares of the home improvement retailer's stock worth $707,000 after buying an additional 532 shares in the last quarter. It also increased its holding in Lilly Eli & Co (NYSE:LLY) by 24,457 shares in the quarter, for a total of 27,793 shares, and has risen its stake in Qorvo Inc. (The) by 4.5% in the 1st quarter. It also reduced its holding in Ishares Tr (MBB) by 3,503 shares in the quarter, leaving it with 57,675 shares, and cut its stake in Gilead Sciences Inc (NASDAQ:GILD). (The) by 1.1% during the second quarter. Janney Montgomery Scott LLC now owns 171,253 shares of the home improvement retailer's stock valued at $25,145,000 after buying an additional 5,973 shares during the period. Home Depot is outperforming the average with a gain of 22.4% year to date. At present, the PEG is valued at 1.87 alongside the P/S ratio of 2.01 and P/B ratio of 55.12. Jackson Grant Investment Advisers Inc. boosted its stake in The Home Depot by 0.5% in the second quarter. (HD) reports earnings before the opening bell on Tuesday. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.30 and a quick ratio of 0.48.

Home Depot, Inc. has a fifty-two week low of $122.92 and a fifty-two week high of $167.94. The stock has a market capitalization of $148.49 billion, a P/E ratio of 20.34 and a beta of 1.05.

The company estimates that hurricane-related sales positively impacted comparable store sales growth by approximately $282 million in the fiscal third quarter. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%.

Analysts have a consensus forecast for fourth-quarter EPS of $1.60 on sales of $23.43 billion.

Analysts expect Home Depot to post earnings per share of $1.81 with revenues of $24.47 billion.

HTC unveils a standalone VR headset called Vive Focus
Somehow he ended up in London, where he had the golden opportunity to buy a then senior editor a pint of lager, and here we are. Vive Wave is a toolset that lets developers support third-party mobile VR HMDs on HTC's Viveport content distribution system.

Sales at stores open for more than a year rose 7.9%, above the average analyst estimate of 5.9%, according to Thomson Reuters. The firm owned 18,534 shares of the home improvement retailer's stock after selling 768 shares during the period. The total value of its holdings decreased 16.4%. Following the sale, the executive vice president now owns 33,147 shares of the company's stock, valued at approximately $4,984,977.33. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Shares for $1.10M were sold by Campbell Ann Marie on Wednesday, May 17. In terms of recent volatility, the average for the month is 1.15% and 1.03% for the past week. Swarthmore Group Inc sold 31,975 shares as the company's stock rose 8.67% with the market.

A number of other hedge funds also recently bought and sold shares of HD. Oppenheimer maintained Home Depot Inc (NYSE:HD) on Wednesday, June 21 with "Buy" rating. (The) in a research report on Tuesday, October 3rd. 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. $159.25's average target is -2.96% below currents $164.11 stock price.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. The Home Depot Inc. had 82 analyst reports since August 19, 2015 according to SRatingsIntel. Morgan Stanley upgraded Home Depot Inc (NYSE:HD) on Thursday, February 23 to "Overweight" rating. (The) and gave the stock a buy rating in a research report on Monday, October 30th. Finally, BidaskClub cut Home Depot, Inc. The rating was maintained by UBS on Wednesday, November 18 with "Buy". (The) (NASDAQ:HD), 14 rate it "Buy", 9 "Outperform", 10 "Underperform", 0 "Sell", while 0 "Hold".

Clearline Capital Lp decreased Hilton Grand Vacations Inc stake by 202,154 shares to 72,640 valued at $2.62M in 2017Q2. If you are reading this article on another publication, it was stolen and reposted in violation of United States & worldwide copyright laws.

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