This leading retailer has produced fantastic returns over the past few decades.Home Depot (HD 1.16%) has made for a phenomenal investment historically. Since their initial public offering in 1981, the shares have generated a monster total return of 2,973,000%. This means a $10,000 investment would be worth just under $300 million today.But what does the future hold for this top retail stock that trades 13% off its peak price? Can Home Depot, which is valued at $353 billion today, reach a trillion-dollar mar ...

Home Depot’s former CEO is calling for the government to tell the truth, as Federal Reserve governors are warning about U.S. jobs data being inflated. During an appearance on "The Evening Edit," Monday, Bob Nardelli suggested that the country’s jobs data is "woefully overstated," arguing that it's "about time" the government "got honest." "You and I watch this very closely every month," Nardelli told host Elizabeth MacDonald in response to Federal Reserve Governors Michelle Bowman and Lisa Cook warning that ...

Shares of the home improvement retailer are rising when they seemingly shouldn't be, further inflating an already-frothy valuation.Are you thinking about buying Home Depot (HD -0.06%) stock? Interested investors are certainly facing something of a conundrum right now. Although shares may still be below their late-2021 pandemic-driven peak, they're up 30% from October's low as well. They're also valued rather richly at a forward-looking price-to-earnings ratio (P/E) of 24. That's well above this ticker's lon ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-8207 THE HOME DEPOT, INC. (Exact name of registrant as specified in its charter) Delaware 95-3261426 (State or o ...

Home Depot HD released its second-quarter earnings report, presenting a mixed picture for investors to decipher. While the company beat Home Depot's analyst community's earnings estimates, its lowered comparable sales guidance for fiscal 2024 caused a drop in Home Depot's share price. After the announcement, Home Depot stock fell about 5% in pre-market trading but recovered some losses in early morning trading.  Unpacking Home Depot's Q2 Earnings Home Depot's financial report for the second quarter of 2024 ...

The home improvement chain had bad news for investors recently, but is the negative sales outlook already baked into the price?At least six Wall Street analysts lowered their price targets on The Home Depot (HD 0.35%) stock after the company's second-quarter earnings release on Aug. 13. However, a UBS analyst decided to take a different view and upgraded his price target to $425 from $400 while maintaining a buy rating on the stock.An analyst gets more optimisticIt's unusual to see an analyst upgrade a pric ...

sturti When reviewing the results on Home Depot (HD), I did not entirely understand the market reaction, but the results were quite along the lines of what I expected. After the initial reaction, the market reacted positively to both Home Depot and Lowe's (NYSE:LOW) stock prices, but it got me thinking. If the leader in home improvement is posting this type of result, how bad can it get for the laggard? Was there something the market was ignoring, and is there an opportunity to hedge my portfolio by bet ...

Home Depot's business likely won't rebound this year.Home Depot (HD 0.55%) has struggled the past two years, but you might not know it from its stock price. While the company has consistently seen negative same-store sales since the end of 2022, its stock nonetheless has generated a 19% total return over that period. It's an interesting dichotomy that begs the question: When will the company begin to see a turnaround, and will its struggles take a bigger toll on the share price?Declining same-store salesFor ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Home Depot (HD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Home Depot currently has an average brokerage recommendation (A ...