Media stories about Home Depot, Inc. (The) (NYSE:HD) have been trending positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Home Depot, Inc. (The) earned a news impact score of 0.25 on Accern’s scale. Accern also assigned headlines about the home improvement retailer an impact score of 48.9309657009746 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Home Depot, Inc. (The) (HD) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
- Home Depot, Inc. (The) (HD) Issues FY18 Earnings Guidance (americanbankingnews.com)
- Home Depot lifts full-year forecasts on boost from hurricanes (feeds.reuters.com)
- Why Home Depot Earnings Are Not Pleasing to Investors (feedproxy.google.com)
- Home Depot profit beats as hurricanes spur demand (feeds.reuters.com)
Shares of Home Depot, Inc. (HD) opened at $164.95 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 12-month low of $122.92 and a 12-month high of $167.94. The company has a market capitalization of $194,920.00, a P/E ratio of 23.58, a PEG ratio of 1.65 and a beta of 1.08.
Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.53 billion. During the same period in the previous year, the firm posted $1.60 EPS. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. research analysts predict that Home Depot, Inc. will post 7.32 earnings per share for the current year.
Several equities research analysts have issued reports on HD shares. Zacks Investment Research lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Robert W. Baird set a $175.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Sunday, September 10th. Royal Bank Of Canada set a $179.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, October 30th. Credit Suisse Group set a $171.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, October 13th. Finally, Bank of America Corporation reaffirmed a “buy” rating and set a $170.00 price target on shares of Home Depot, Inc. (The) in a research note on Tuesday, September 5th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Home Depot, Inc. (The) has a consensus rating of “Buy” and a consensus target price of $173.18.
In other news, EVP Ann Marie Campbell sold 10,717 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total value of $1,633,270.80. Following the sale, the executive vice president now directly owns 64,810 shares of the company’s stock, valued at approximately $9,877,044. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Matt Carey sold 32,000 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the completion of the transaction, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The disclosure for this sale can be found here. Over the last three months, insiders sold 57,717 shares of company stock worth $8,916,321. Insiders own 0.26% of the company’s stock.
About Home Depot, Inc. (The)
The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.
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