Thrivent Financial for Lutherans owned 0.08% of Home Depot worth $124,172,000 at the end of the most recent reporting period. After a recent check, company stock has been trading near the $157.04 mark.
Home Depot's results are in contrast to falling sales at department stores such as Macy's Inc. and J.C. Penney Co.
The home-improvement retailer posted revenue of $23.89 billion in the period, which also beat Street forecasts. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Cable Hill Partners LLC now owns 1,116 shares of the home improvement retailer's stock worth $145,000 after buying an additional 105 shares during the last quarter. 7,566 Home Depot Inc (NYSE:HD) shares with value of $963,530 were sold by Campbell Ann Marie.
The home improvement retailer benefited from cold weather early in the quarter that extended the window for winter products and generated traffic during a usually quiet in-between season for Home Depot, according to Saunders. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. Mascoma Wealth Management LLC bought a new stake in Home Depot during the fourth quarter valued at approximately $166,000. Institutional investors own 71.53% of the company's stock. The original version of this story can be read at https://transcriptdaily.com/2017/05/16/home-depot-inc-hd-expected-to-post-q1-2018-earnings-of-1-63-per-share.html. (COH)'s shares projecting a $48.04 target price. The company was initiated on Tuesday, May 24 by Topeka Capital Markets. The stock has 50-day moving average of $149.81 and a 200-day moving average of $137.08. Home Depot Inc has a 52 week low of $119.20 and a 52 week high of $160.86. The home improvement retailer reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.11. Home Depot had a net margin of 8.23% and a return on equity of 123.29%.
The consensus estimates from Thomson Reuters are income of $ 1.61 per share from $ 23.72 billion in revenue. It also sees revenues gaining about 4.6% on the year, implying sales of $98.95 billion.
The target price for The Home Depot, Inc. If you are reading this article on another site, it was illegally copied and republished in violation of USA and worldwide copyright and trademark law.
HD has been the subject of a number of analyst reports. BTIG Research raised their price target on Home Depot from $155.00 to $175.00 and gave the stock a buy rating in a report on Monday. Morgan Stanley upgraded shares of Home Depot from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $150.00 to $165.00 in a report on Thursday, February 23rd. Stifel Nicolaus reinitiated the shares of HD in report on Tuesday, August 2 with "Buy" rating.
FILE - In this Wednesday, May 18, 2016, file photo, people approach an entrance to a Home Depot store in Bellingham, Mass.
Among 2 analysts covering Telephone and Data Systems (NYSE:TDS), 0 have Buy rating, 0 Sell and 2 Hold. Home Depot has an average rating of "Buy" and an average price target of $154.58. In turn, home improvement retailers such as Home Depot have continued to thrive as existing homeowners renovate their homes - which are rising in value - and builders try quickly to bring on badly needed supply.