World Asset Management has 0.64% invested in The Home Depot, Inc. Umb Bank N A sold 8,768 shares as the company's stock rose 9.30% with the market.
Executives credited their flexible retailing model, which includes a significant commitment to the e-commerce sales channel, with helping push the top and bottom lines to new highs this past year.
Stock: Shares of the Dow Jones industrial average component were up 0.5% on the stock market today. Finally, BP PLC raised its stake in shares of Home Depot by 16.2% in the second quarter. IFP Advisors Inc now owns 73,631 shares of the home improvement retailer's stock valued at $11,295,000 after purchasing an additional 2,133 shares during the period. 332,200 are owned by Renaissance Ltd Limited Liability Company.
The results helped send Home Depot shares up 4.3 per cent to $195 (U.S.) in early trading. Baldwin Brothers Ma accumulated 179,210 shares or 4.44% of the stock. Atlantic Trust LLC grew its holdings in shares of Home Depot by 12.8% during the 2nd quarter. (NYSE:HD) also have significant role in eyes of active investors, it has price to earnings growth of 1.66, which is a valuation metric for determining relative trade-off among price of a stock. For the most recent quarter, quick ratio was 0.4, current ratio was 1.2, LT Debt/Equity ratio was 9.54 and Total Debt/Equity ratio stands at 10.06, while Payout ratio is 0.464.
21 analysts on average are expecting The Home Depot, Inc.to report earnings of $2.08 per share for the current quarter.
Analysts surveyed by Zacks Investment Research expected a quarterly profit of $1.62 per share and $23.66 billion in revenue. The firm had revenue of $23.88 billion during the quarter, compared to analysts' expectations of $23.65 billion.
Revenues rose 7.5% from previous year to $23.88 billion, however, topping Wall Street's $23.65 billion estimate.
Same-store sales topped estimates, but guidance disappointed. (NYSE:HD) sharea rose more than 4% in Tuesday's premarket, as Home Depot Inc's (NYSE:HD) profit and revenue topped the Wall street estimates, and it happened for the sixth straight quarter, as number of shoppers visited increase in the top most USA home improvement chain and on average, the shopper spent more money in an improving housing market.
Welcome to the $100 billion club, Home Depot (NYSE:HD).
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 22nd.
On 11/21/2013 Home Depot announced a quarterly dividend of $0.39. The stock was sold at an average price of $183.03, for a total value of $7,576,709.88. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Since August 21, 2017, it had 0 insider purchases, and 3 insider sales for $14.57 million activity.
Several brokerages have commented on HD.
Hm Payson & Company, which manages about $2.21 billion and $2.33 billion US Long portfolio, decreased its stake in Vanguard Reit Index Etf (Mkt) (VNQ) by 3,903 shares to 30,328 shares, valued at $2.52M in 2017Q3, according to the filing. Robert W. Baird reaffirmed an "outperform" rating and issued a $195.00 price objective on shares of Home Depot in a research report on Thursday, November 30th. (HD) stock is Overbought or Oversold? (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Telsey Advisory Group increased their price target on Home Depot from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Monday, December 4th.
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