Home Depot Confirms 2017 Guidance; Issues Long-Term Targets

Jose Ulloa Jr. works in a Home Depot store

Horizon Invests Ltd Com owns 3,581 shares. Vanguard Group Inc. increased its stake in shares of Home Depot by 0.9% in the second quarter. ING Groep NV now owns 291,115 shares of the home improvement retailer's stock valued at $42,744,000 after purchasing an additional 93,107 shares during the last quarter. Hemenway Tru Lc has 2% invested in The Home Depot, Inc. The figure tells us what earnings were generated from invested capital of The Home Depot, Inc.

Among 31 analysts covering The Home Depot Inc. Nomura upgraded The Home Depot, Inc. While, the analyst predicted that the company could provide an EPS of $1.82/share. The Guernsey-based Bluecrest Cap Mngmt Limited has invested 0.37% in The Home Depot, Inc. Capital Research Global Investors now owns 20,025,701 shares of the home improvement retailer's stock worth $3,071,943,000 after buying an additional 170,139 shares during the period. "(The) (NYSE:HD)" was first published by The Lincolnian Online and is the property of of The Lincolnian Online. The firm has a 50 day moving average of $153.93 and a 200-day moving average of $142.77. The Nebraska-based Farmers Merchants Invests has invested 0.36% in The Home Depot, Inc. The home improvement retailer reported $1.84 earnings per share for the quarter, topping analysts' consensus estimates of $1.81 by $0.03. Home Depot had a net margin of 8.23% and a return on equity of 123.29%. The business had revenue of $25.03 billion for the quarter, compared to the consensus estimate of $24.53 billion. (NYSE:HD) news were published by: Nasdaq.com which released: "Home Depot announces $15 bln buyback program" on December 06, 2017, also Investorplace.com with their article: "Tax Reform Is Coming, so Stick With Home Depot Inc Stock" published on December 05, 2017, Reuters.com published: "Home Depot lifts full-year forecasts as hurricanes spur demand" on November 14, 2017. The company also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Cibc Ww holds 0.28% or 434,190 shares. This represents a $3.56 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Tuesday, May 30th. Home Depot's payout ratio is 49.44%. On Wednesday, November 18 the stock rating was maintained by Argus Research with "Buy". Finally, Janus Henderson Group PLC increased its stake in shares of Home Depot by 2,013.2% in the second quarter. They set a "market perform" rating and a $141.00 target price for the company. Telsey Advisory Group raised their price target on Home Depot from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Monday. Vetr raised shares of Home Depot from a "hold" rating to a "buy" rating and set a $153.35 target price for the company in a research report on Monday, April 10th.

Shares of Home Depot, Inc. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer's stock worth $175,000 after buying an additional 7 shares during the last quarter.

In other news, EVP Matt Carey sold 32,000 shares of the business's stock in a transaction that occurred on Thursday, September 7th. Following the completion of the sale, the executive vice president now directly owns 62,483 shares in the company, valued at approximately $9,816,079.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The stock is up 35 percent so far this year. The stock was bought at an average cost of $157.11 per share, for a total transaction of $54,988.50. However, technicians believes that a higher ratio would indicate the likelihood of a constant augmentation of the company's share price. The disclosure for this purchase can be found here. The stock traded with the average Volume of 4.57 Million at the end of last session. Corporate insiders own 0.26% of the company's stock.

Fears that the housing market could be weakened by possible mortgage interest provisions in an upcoming tax bill are "overblown", according to Home Depot's CEO.

Related News:

  • Sharad Yadav Ousted from Rajya Sabha

    Sharad Yadav Ousted from Rajya Sabha

    So far, no official statement from Yadav who is said to be considering floating a new party of his own. Speaking to news agency IANS, Yadav also confirmed that a notice was served to him last night.
    Tour De Yorkshire 2018: Mark Cavendish To Compete In Four-Day Race

    Tour De Yorkshire 2018: Mark Cavendish To Compete In Four-Day Race

    Day one, on May 3, startes in Beverley and heads to Hornsea and through to Wolds to Pocklington before finishing in Doncaster. The Tour de Yorkshire has been expanded to four days for 2018, with the women's race to be staged over two days.
    Destiny 2 is now Xbox One X Enhanced with 4K and HDR

    Destiny 2 is now Xbox One X Enhanced with 4K and HDR

    Curse of Osiris continues your Guardian's journey with all-new story missions and adventures set in a new destination, Mercury. He has been spoken of in the game before, but Curse of Osiris marks his first in-person appearance to date.
  • Unborn babies and old people harmed by air pollution, studies warn

    Unborn babies and old people harmed by air pollution, studies warn

    The participants were randomly assigned to walk around either Oxford Street or Hyde Park . Pollution likely has similar effects on people of all ages, the study's authors add.
    YouTube to counter extremist content with 10000 staff

    YouTube to counter extremist content with 10000 staff

    Wojcicki said the company will apply lessons learned from combating violent and extremist videos to other "problematic" videos. YouTube is now training its machine-learning technology to tackle other areas including child safety and hate speech.
    Russian flag will not fly during the 2018 Winter Olympics

    Russian flag will not fly during the 2018 Winter Olympics

    Russian Federation hosted the last Winter Games in Sochi in 2014, an event where they finished fourth in the medal race. On Tuesday, the world of global athletics was upended by some of the biggest news in modern Olympics history.
  • Federal Bureau of Investigation  ordered 4000+ guns seized from buyers who failed background checks

    Federal Bureau of Investigation ordered 4000+ guns seized from buyers who failed background checks

    It was not immediately clear how numerous guns were successfully recovered. "You don't want ATF to stand for 'after the fact". The FBI's national instant criminal background check system processed a record 27.5 million background checks past year .
    John Mayer hospitalized for emergency appendectomy

    John Mayer hospitalized for emergency appendectomy

    John Mayer underwent an emergency appendectomy Tuesday morning, forcing the rocker to postpone a New Orleans Dead & Company show. Their next scheduled gigs are in Orlando , Florida on Thursday and in Sunrise, Florida on Friday.
    UN Official Begins Rare Diplomatic Mission to North Korea

    UN Official Begins Rare Diplomatic Mission to North Korea

    The visit by Feltman follows the dispatch last month by China of its highest-level envoy to North Korea in two years. The U.S. and South Korea started joint military drills Monday.
  • "I'm in!" Lupe Valdez kicks off campaign for governor of Texas

    Texas Democrats have faced uncomfortable questions for months about whether they can field a credible gubernatorial candidate. She's clashed with Abbott over federal immigration detainers and said opportunity is "out of reach" for many Texans.
    SCOTUS Hears Masterpiece Cakeshop Case

    SCOTUS Hears Masterpiece Cakeshop Case

    All three sat in the third row of the court's public section for the roughly 85-minute oral argument inside the packed courtroom. Justice Samuel Alito questioned how Phillips could be accused of discrimination when gay marriage wasn't yet legal in Colorado.
    Honor View 10 Unveiled in the UK Ahead of January 8 Launch

    Honor View 10 Unveiled in the UK Ahead of January 8 Launch

    During a media event today , Huawei's sub-brand Honor launched its latest mid-ranger, the Honor 7X on the Western market. At an event in London today where it launched the 7X ( review ), Honor has now globally launched the V10 as the View10.


Most liked

City derby win would be massive - De Bruyne
They keep winning, they didn't lose one game and obviously, mentally, they're very strong. That gives us the best chance to win.

'TIME' Names the #MeToo 'Silence Breakers' as Person of the Year 2017
This image represents the unnamed women and men who have come forward anonymously with their stories of sexual abuse. How does Time choose its Person of the Year?

Specatular super moon lights up night sky for star gazers
The phenomenon of a supermoon takes place when the full moon reaches its nearest point to Earth, referred to as perigee moon. When two full moons occur in the same month, the second is sometimes called a blue moon or, in this case, a super blue moon.

Selena Gomez Makes Her Instagram Private And Fans Are Wondering Why
The profile itself is a personal look at a pop icon in her mid-20s who endured a painful 2017 that required a kidney transplant. Sign up here to get INSIDER's favorite stories straight to your inbox.

Notable Stock Analysts Ratings Regal Entertainment Group (RGC)
The stock has a market capitalization of $3,250.00, a PE ratio of 23.30, a P/E/G ratio of 2.15 and a beta of 1.14. BlackRock Advisors LLC increased its stake in shares of Regal Entertainment Group by 9.9% in the third quarter.

Lebanese PM Hariri officially revokes resignation after parties agree to deal
But two weeks ago, Hariri arrived back in Beirut and said he would suspend his resignation at the request of his government. Back in Beirut after a visit to France, Hariri chose to put his resignation on hold at the request of Aoun.

Texas officer shot to death while serving warrant
Copeland is the first officer to be killed in the line of duty in the history of the San Marcos Police Department, Stapp added. Officials said the suspect later came out of his house and surrendered to officers, but he did suffer a gunshot wound.

Listeriosis outbreak claims 36 lives in S
Motsoaledi says newborns, the elderly, pregnant women and people with weak immunity are at high risk of getting listeriosis . Of the 557 cases, 34% were confirmed at private health facilities, while 66% were detected at public hospitals.

$3.31 Billion in Sales Expected for Kinder Morgan, Inc. (KMI) This Quarter
It is negative, as 70 investors sold KMI shares while 349 reduced holdings. 49 funds opened positions while 128 raised stakes. Public Employees Retirement System Of Ohio invested 0.03% in Cypress Semiconductor Corporation (NASDAQ:CY). (NYSE:T).

Gilead Sciences, Inc. (GILD) Shares Bought by Fort LP
Alpine Woods Cap Invsts Limited Liability Corp has invested 0.06% in Gilead Sciences, Inc . (NASDAQ: GILD ) for 174,500 shares. The difference between the expected and actual EPS was $0.14/share, which represents an Earnings surprise of 6.6%.

Sergio Ramos responds to rumours about his relationship with Cristiano Ronaldo
The Germans have not won in seven, with their last victory coming againt Madgeburg in the Pokal Cup . Madrid were held to a 0-0 draw away to Athletic Bilbao on Saturday in La Liga.

Samsung Galaxy Note 9 and Galaxy S9 may have 512GB of storage
It also boasts a random read speed of 42,000 IOPS (input/output operations per second) and a write speed of 40,000 IOPS. It doubles the density of Samsung's previous 48-layer 256 eUFS chips and takes up the same amount of space.

National Football League suspends JuJu Smith-Schuster, George Iloka one game each for hits
The NFL explained he was suspended for hitting a defenseless receiver in the head. Both players will be eligible to return to their teams' lineups on December 11.

Warriors' Stephen Curry seriously hurts ankle in win against Pelicans
The Hornets have been a great home team so far, but I think the Warriors still get the win and cover when it's all said and done. The Warriors are first in the National Basketball Association in points per game, field-goal percentage and 3-point percentage.

Kim Kardashian Just Set A Match To Her Feud With Taylor Swift
Fans explained that snakes (Swift's symbol) eat rats (Kardashian's symbol), which is why the emoji was chosen for the reality star.