Home Depot Inc Boosts Outlook As Q3 Earnings Top Expectations (HD)


Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer's stock valued at $400,000 after buying an additional 9 shares in the last quarter. Home Depot Inc (NYSE:HD) has risen 18.65% since November 12, 2016 and is uptrending.

HD has been the subject of several recent analyst reports. Robert W. Baird set a $175.00 price target on shares of Home Depot, Inc.

Analysts on average had expected earnings of $1.82 per share and revenue of $24.55 billion, according to Thomson Reuters I/B/E/S. 440 Investment Group LLC boosted its holdings in Home Depot, Inc. (The) by 0.9% during the second 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. The Home Depot comprises about 0.7% of BlackRock Group LTD's holdings, making the stock its 25th largest position. (The) by 13.6% in the first quarter. That value represents a market adjusting for revenues that have been growing by 6.18 % on a quarterly year/year basis as of the company's last quarterly report. (The) by 2.8% during the 1st quarter. It is positive, as 38 investors sold HD shares while 632 reduced holdings. The stock decreased 4.35% or $1.1 on November 10, reaching $24.2. (The) News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot, Inc. The firm has "Buy" rating given on Monday, October 3 by Standpoint Research.

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About Home Depot, Inc. Citigroup maintained MTGE Investment Corp (NASDAQ:MTGE) on Wednesday, August 17 with "Neutral" rating. Oppenheimer Holdings, Inc. set a $178.00 price target on Home Depot, Inc. The company was upgraded on Wednesday, August 16 by Stifel Nicolaus. They issued a buy rating and a $189.00 price target on the stock. As per Monday, October 16, the company rating was maintained by KeyBanc Capital Markets. (NYSE:HD), 21 have Buy rating, 0 Sell and 9 Hold.

Equity analyst Bank of America Corporation raised the price target on November 8 changing the forecast from $170.00 to $190.00 and stated a "Buy" rating. Also, EVP Matt Carey sold 32,000 shares of the company's stock in a transaction on Thursday, September 7th. 822.13 million shares or 1.82% less from 837.36 million shares in 2017Q1 were reported. Following the completion of the sale, the executive vice president now owns 62,483 shares in the company, valued at approximately $9,816,079.30. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission. Roseborough Teresa Wynn had sold 29,076 shares worth $4.57M on Wednesday, May 17. The stock was sold at an average price of $150.39, for a total value of $2,255,850.00. After a recent check, company stock has been trading near the $166.12 mark. Arcadia Inv Corporation Mi owns 0.84% invested in Home Depot Inc (NYSE:HD) for 17,280 shares.

TRADEMARK VIOLATION NOTICE: "Home Depot, Inc". Macquarie reissued a "buy" rating on shares of The Home Depot in a report on Tuesday. If you are reading this piece on another site, it was stolen and reposted in violation of worldwide copyright legislation. The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. Zacks Investment Research downgraded shares of Home Depot, Inc. (NYSE:HD) opened at $165.35 on Tuesday. The relative volume (ratio between current volume and 3-month average) is presently sitting at 1.08. The company has a market cap of $193,455.83, a price-to-earnings ratio of 23.58, a P/E/G ratio of 1.65 and a beta of 1.08. Home Depot, Inc. has a 52-week low of $122.92 and a 52-week high of $167.94.

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Home Depot Inc (HD.N), the largest USA home improvement chain, beat analysts' third-quarter sales and profit estimates on Tuesday, as hurricanes Harvey and Irma boosted demand for storm-related emergency products and rebuilding materials. The company had revenue of $28.11 billion during the quarter, compared to analyst estimates of $27.84 billion.

Revenues rose 8.1% from previous year to $25.03 billion, also topping analysts' view for $24.53 billion. The firm earned $26.47 billion during the quarter, compared to analyst estimates of $26.47 billion. The institutional investor owned 44,653 shares of the home improvement retailer's stock after selling 1,386 shares during the period. Updated Fiscal 2017 Guidance Based on its year-to-date performance, underlying strength of the core business, and projected hurricane recovery sales, the Company lifted its fiscal 2017 sales growth guidance and now expects sales will be up approximately 6.3 percent and comp sales will be up approximately 6.5 percent.

About Home Depot, Inc. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services.

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