Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period. Considering buying HD stock? Here's what analysts think: The Home Depot, Inc. HD will release earnings results for the second quarter, before the opening bell on Tuesday, Aug. 19. Analysts expect the home improvement retailer to report quarterly earnings at $4.69 per share, up from $4.60 per share in the year-ago period. Home Depot projects to report quarterly revenue of $45.31 billion, compared to the $4 ...

Market Overview - A-shares opened high and closed at a ten-year high, with the Shanghai Composite Index rising by 0.85% and trading volume reaching 2.81 trillion yuan, the highest since October 2024[3][16] - The Hang Seng Index fell by 0.37%, while the Hang Seng Technology Index increased by 0.65%[12] - U.S. stocks showed mixed performance, with the Dow Jones down 0.1% and the S&P 500 virtually unchanged, as investors awaited key earnings reports and the Jackson Hole meeting[10] Monetary Policy Insights - The People's Bank of China emphasized a moderately loose monetary policy, with potential for further reserve requirement ratio (RRR) and interest rate cuts if domestic demand does not recover sufficiently[5] - The report highlighted a focus on improving the efficiency of capital allocation and supporting high-quality consumption finance to sustain domestic demand expansion[5] Commodity and Forex Movements - International oil prices rose by approximately 1%, with WTI crude oil closing at $63.42 per barrel, driven by geopolitical developments[27] - The U.S. dollar index increased by 0.3%, while the euro appreciated by 12.6% year-to-date against the dollar[26] Stock Performance Highlights - Notable stock movements included NetEase, which is expected to see stable growth in its gaming segment, with a target price of $143, up from $130.30[8] - Mobileye's stock is projected to rise as it expands its advanced driver-assistance systems (ADAS) business, with a target price of $17.6[8] Sector Performance - In the A-share market, sectors such as information technology and healthcare saw gains of 2.2% and 1.0%, respectively, while real estate and energy sectors faced declines[17] - In Hong Kong, the healthcare and consumer goods sectors both rose by 1.9%, while the energy sector fell by 1.7%[12] Global Economic Indicators - The U.S. 10-year Treasury yield rose to 4.33%, reflecting market expectations ahead of the Federal Reserve's upcoming announcements[30] - The report noted that inflationary pressures and fiscal risks are key concerns for the UK, with the 30-year government bond yield reaching its highest level since 1998[30]

Core Viewpoint - Investors are closely monitoring the upcoming earnings reports from Home Depot and Lowe's for indications of improvement in the home and garden market, which has been facing several challenges [1][2]. Industry Summary - The home and garden retail sector is experiencing difficulties due to a sluggish housing market, tariffs, high interest rates, and consumer caution regarding large purchases. Despite overall retail growth from May to July, building materials and garden supply retailers reported year-over-year declines of at least 4% [2]. - Home Depot and Lowe's have been gaining market share from smaller competitors, benefiting from their strong brand presence and competitive pricing strategies [3]. Company Summary - Home Depot reported total sales of $39.9 billion for its first quarter, reflecting a 9.4% year-over-year increase, although comparable sales decreased by 0.2% due to foreign exchange impacts [4]. - Lowe's experienced a decline in total sales from $21.4 billion to $20.9 billion year-over-year, with comparable sales down 1.7%. The company attributed this drop to unfavorable weather conditions, though it noted growth in online sales and its professional business segment [5]. - Lowe's emphasized its commitment to customer service, achieving the 1 ranking in Customer Satisfaction among Home Improvement Retailers according to J.D. Power. The company is focusing on strategic investments in technology and store environments to enhance customer experience [6].

Core Insights - Lowe's (LOW) and Home Depot (HD) are in a competitive market, both facing challenges as consumer spending on big-ticket home improvement items has decreased post-COVID [1][15] - Both companies have underperformed relative to the S&P 500 in 2025, reflecting a similar trajectory in their stock performances [1][7] Analyst Expectations - Analysts have not revised EPS and sales estimates for both companies recently, with LOW expected to see 1.5% EPS growth on 3.4% higher sales, while HD is projected to have a 5.4% increase in EPS with 1.0% sales growth [3] - Despite LOW's anticipated stronger sales growth, HD has shown more resilience in its top line, with year-over-year (YoY) growth rates turning positive after previous declines [4][5] Sales and Performance Metrics - LOW's YoY sales growth rates have been negative since early 2023, while HD's sales have shown improvement with a smaller YoY decline of 0.3% compared to LOW's 1.7% [8][10] - HD's shares trade at a forward 12-month earnings multiple of 25.3X, a 29% premium over LOW's 19.6X, indicating a historical premium for HD [9] Market Environment - Both companies are navigating a challenging demand environment post-COVID, with rising interest rates contributing to softer consumer demand [15][16] - Guidance from Home Depot's earnings report will be crucial for LOW's expectations, as both companies maintain a Zacks Rank 3 (Hold) [17]

截至收盘，道指跌34.30点，跌幅为0.08%，报44911.82点；纳指涨6.80点，涨幅为0.03%，报21629.77 点；标普500指数跌0.65点，跌幅为0.01%，报6449.15点。 Argent Capital投资组合经理Jed Ellerbroek表示："今天市场相对平静，投资者正在为接下来的事件做准 备。最关键的催化剂是鲍威尔讲话，我们预期他将更新对当前'高通胀+失业率抬升'组合形势的解读。" 上周五数据显示，美国零售销售如预期般整体增长，但消费者信心因通胀担忧加剧而受挫。周一全美住 宅建筑商协会(NAHB)住房市场指数跌至2022年12月以来最低水平。 目前投资者仍预计美联储9月降息25个基点，但对年内再度降息的预期已有所降温。最新数据表明，虽 然美国加征关税尚未全面传导至消费端物价，但就业市场疲软或促使央行立场更加鸽派。 摩根士丹利旗下E*Trade分析师Chris Larkin指出："市场押注劳动力市场疲软信号将在美联储降息辩论中 压倒通胀风险。本周零售财报虽引人瞩目，但FOMC纪要及鲍威尔在杰克逊霍尔的讲话才是判断央行倾 向的关键。" 市场动态 美东时间周一，美股三大指数收盘几乎持 ...

Home Improvement Retail - Home improvement sector is expected to turn the corner and start to see positive growth, marking a shift from "bad to less bad" [3] - The surge in rates three years prior is a key factor, as new homeowners typically spend heavily on their homes during this period [4] - Home Depot has strategically built capabilities to better serve professional customers, leading to larger and more planned purchases [6] - Home Depot's advantages have been obscured by the current lukewarm cycle for home improvement [7] Big Box Retail - The general merchandise retail environment has been unusually benign, with limited competition [8] - The impact of tariffs on big box retailers in Q2 is expected to be minimal due to resilient consumer spending [9] - Target faces execution issues and a higher skew towards discretionary items, potentially leading to tougher times [10] Walmart & Grocery - Walmart possesses significant momentum and heft, enabling it to showcase its strengths in Q2 [12] - Amazon's increased investment in grocery and rural areas poses a direct challenge to Walmart [13] - There is a risk of declining economics in the battle for everyday wallet share and customer frequency [14]

Earnings Season Overview - The second quarter earnings season has been successful with more beats and raises than misses, particularly led by the Mag 7 stocks [1] - Nvidia's upcoming report is highly anticipated [1] Retail Sector Focus - This week's focus is on major retailers to assess price increases, inflation, tariff impacts, and consumer behavior [2][3] - Key retailers to watch include Walmart (WMT) and Target (TGT), along with home improvement retailers like Home Depot (HD) and Lowe's (LOW) [3] Home Improvement Retailers (Home Depot & Lowe's) - Home Depot (HD) has a strong earnings surprise track record with only one miss in the last five years [4] - Home Depot's earnings have declined in the last couple of years due to housing market conditions and tariffs, with a projected earnings decline of 1.4% to 4%, but a rebound is expected next year [5][6] - Lowe's (LOW) also has a great earnings surprise track record with earnings expected to decline but then recover, projecting a 2.4% to 4% gain this year and another in 2027 [7][8] - Both Home Depot and Lowe's shares haven't significantly declined as a turnaround is expected and priced in [9] General Retailers (Walmart & Target) - Walmart (WMT) has been performing strongly, with shares attempting to break out, and earnings looking better than Home Depot and Lowe's [9][10] - Walmart's valuation is at 38 times earnings, with a strong earnings surprise track record [10] - Target (TGT) is struggling with declining earnings, trading near 5-year lows, and a 15.6% decline expected for this year [12][13] - Both Walmart and Target are being watched for pricing strategies and consumer buying behavior, considering factors like back-to-school shopping and groceries [11][12][14] Specialty Retailer (Estee Lauder) - Estee Lauder (EL) has a strong earnings track record with mostly beats, but earnings have declined, especially due to the struggling Chinese consumer [15] - Estee Lauder's earnings are expected to improve in the next couple of years, but a 42% decline is expected this year [16] - Estee Lauder's forward PE is not cheap at 42 times, even with the share price decline [16] - Tariffs are impacting beauty products, with E.L.F beauty raising prices, and Estee Lauder's response is being monitored [18]

Retail Earnings & Tariffs Impact - Retail sector is facing a significant week with earnings reports from Home Depot, Target, Lowe's, and Walmart [1] - Potential impact of tariffs on the financial results of these retailers is a key concern [1] - Three out of the four retailers mentioned use accounting methods that could reveal the impact of tariffs [2] Companies to Watch - Home Depot's results will be released tomorrow [1] - Target and Lowe's will report on Wednesday [1] - Walmart's earnings are scheduled for Thursday [1]

Retail Industry Overview - This week's earnings reports from Home Depot, Lowe's, Walmart, and Target are dominating the retail narrative [1] - The retail sector, valued at $5 trillion, requires segmented analysis across different categories like home improvement ($500 billion), grocery ($1 trillion), and auto parts ($150 billion) [16] - The ability of different consumer retail segments to manage tariff pressures will be a key learning point this week [16] Target Analysis - Evercore downgraded Target to sell on Friday but added a tactical outperform rating, anticipating a potential stock increase this week [2] - Target's stock has significantly underperformed this year, declining over 20% [2] - Despite sales potentially running negative by 2-3% in the quarter and into the summer, a further guidance reduction is deemed unlikely [2] Walmart Analysis - Walmart is favored, included in the top five portfolio alongside Home Depot [5] - Walmart is expected to report a strong second quarter but remain conservative in its full-year guidance [6] - Walmart's growth is driven by increased traffic and a new middle to higher-income consumer base, with Walmart Plus memberships reaching 18 million households, 75% of the year-over-year growth coming from higher-income households [6] Home Improvement Sector - Home Depot and Sherwin-Williams are favored within the home improvement sector due to their pricing power and ability to pass through costs on need-based products [17] - Home Depot's significant exposure to Pro (over half of sales) is a key differentiator compared to Lowe's (under 30%) [10] - Modest improvement to slight growth is expected in home improvement after a 2.5-3 year downturn [11] Economic Factors - Wage inflation in retail has decreased to 3-4%, and is not expected to decelerate significantly [8] - Retailers are reportedly still able to attract and retain necessary personnel [9] - Home improvement demand is predicted by an indicator at just positive 1%, with 30-year mortgage rates being more influential than HELOC rates [13]

Core Insights - Home Depot's acquisition of SRS Distribution in 2024 enhances its relationship with professional contractors and expands its product offerings in roofing, landscaping, and pool supplies [1][6] - SRS's planned acquisition of GMS Inc. will further diversify its product range to include drywall, ceilings, and steel framing, thereby broadening its distribution network across North America [2][6] - The integration of SRS and GMS, with over 1,200 locations and more than 8,000 trucks, improves fulfillment and service reliability for professional contractors [3][6] Financial Performance - The Zacks Consensus Estimate for Home Depot's second-quarter sales indicates a year-over-year growth of 5.4%, while earnings per share are expected to see a marginal increase of 0.9% [5] - Current quarter sales are estimated at $45.51 billion, with a year-over-year growth estimate of 5.4% [7] - The earnings per share for the current quarter is projected at 4.71, reflecting a year-over-year growth estimate of 0.86% [8] Market Position - Home Depot shares have increased by 10% over the past year, outperforming the industry growth of 6.6% and key competitors like Lowe's and Floor & Decor [8] - The company trades at a forward price-to-sales ratio of 2.36, which is higher than the industry average of 1.67, indicating a premium valuation compared to peers [9]