Core Viewpoint - Analysts project that Home Depot will report quarterly earnings of $4.71 per share, reflecting a year-over-year increase of 0.9%, with revenues expected to reach $45.51 billion, a 5.4% increase from the same quarter last year [1]. Earnings Estimates - Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by covering analysts [2]. - Revisions to earnings estimates are significant indicators for predicting potential investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Metrics Projections - Analysts predict that the 'Number of stores - Retail' will reach 2,353, up from 2,340 in the same quarter last year [5]. - The estimated 'Number of customer transactions - Retail' is projected to be 460.54 million, compared to 451.00 million in the same quarter last year [5]. - The 'Average ticket - Retail' is expected to be $89.92, an increase from $88.90 in the same quarter last year [6]. Stock Performance - Home Depot shares have experienced a change of +13.9% in the past month, outperforming the +3.5% move of the Zacks S&P 500 composite [6].

Group 1 - Home Depot Inc (NYSE:HD) has seen a price increase of 2.83%, trading at $407.22, with a price-target hike to $433 from $417, benefiting from a 10.9% quarterly gain and breaking into the black year to date [1] - The company is set to report second-quarter earnings on Tuesday, Aug. 19, with options traders optimistic about continued positive performance [1] - Historically, Home Depot has a modest post-earnings move average of 1.5% over the last two years, with five out of eight reports resulting in upward movements, including a 2.8% gain in February [2] Group 2 - The options market is currently pricing in a larger than usual post-earnings move of 4.9% for the upcoming earnings report [2] - Calls have been favored by traders, as indicated by a 50-day call/put volume ratio of 2.11, which is above 98% of readings from the past year [3] - The Schaefer's Volatility Index (SVI) for Home Depot is at 23%, indicating relatively low volatility expectations and sitting in the 13th percentile of readings from the past 12 months [3] Group 3 - The stock's 14-Day Relative Strength Index (RSI) is currently at 76, indicating it is in "overbought" territory and at its highest levels of the year [4]

Truist Securities将家得宝的目标价从417美元上调至433美元，维持"买入"评级。(格隆汇) ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Home Depot (HD) reports results for the quarter ended July 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 19, might help the stock move higher if these key numbers are better than expectations. ...

Core Insights - Home Depot, Inc. reported a slight decline in total comparable sales by 0.3% in Q1 fiscal 2025, but six out of sixteen merchandising departments, including appliances and building materials, showed positive comparable sales, primarily driven by the Pro customer segment [1][8] - The company faces challenges from elevated interest rates impacting large-scale remodeling projects, particularly in kitchens and bathrooms, although transactions over $1,000 experienced modest growth, indicating selective higher-value spending [2][8] - Seasonal factors in Q2 may boost demand for construction and repair projects, with appliances likely benefiting from replacement cycles and competitive promotions aimed at value-conscious consumers [3][4] Financial Metrics - The Zacks Consensus Estimate for Home Depot's Q2 sales indicates a year-over-year growth of 5.4%, while earnings per share (EPS) is expected to see a marginal increase of 0.9% [5][8] - Current estimates for Q2 sales stand at $45.51 billion, with a year-over-year growth estimate of 5.42% [6] - The current EPS estimate for Q2 is 4.71, reflecting a year-over-year growth estimate of 0.86% [7] Market Performance - Home Depot shares have increased by 10.7% over the past year, outperforming the industry growth of 6.4% and key competitors like Lowe's (1.6% increase) and Floor & Decor (-24.7% decrease) [9] - The company trades at a forward price-to-sales ratio of 2.29, which is higher than the industry average of 1.62, indicating a premium valuation compared to peers like Lowe's (1.57) and Floor & Decor (1.69) [10]

Core Insights - Home Depot and Lowe's are the leading companies in the U.S. home improvement retail sector, each pursuing different strategies in a challenging market characterized by high interest rates and selective consumer spending [1][2] Home Depot (HD) - Home Depot is focusing on leveraging its scale, supply-chain strength, and relationships with Pro customers to maintain market share [1] - The acquisition of SRS Distribution enhances Home Depot's Pro segment by adding complementary verticals and improving its trade credit program, which is vital for attracting large-scale Pro clients [3] - Investment in technology has improved delivery speed and customer engagement through an interconnected retail model, with AI tools enhancing store operations [4] - Home Depot's supply-chain diversification strategy reduces reliance on any single country, with over half of purchases sourced domestically, mitigating geopolitical risks [5] - Challenges include rising costs affecting margins, soft demand for big-ticket remodels due to high interest rates, and increased inventory levels [6] Lowe's (LOW) - Lowe's is strengthening its position in the Pro customer segment, with Pro sales increasing in the mid-single digits, supported by the MyLowe's Pro Rewards program [7] - The acquisition of Artisan Design Group positions Lowe's to tap into a fragmented $50 billion market and address the demand for new homes in the U.S. [8] - Lowe's is pursuing growth initiatives such as rural market expansion and new store openings, focusing on Pro sales and online growth through technology investments [9] - Online sales increased by 6% year-over-year, driven by higher traffic and improved conversion rates, with the launch of a home improvement product marketplace expanding offerings [10] - Operational efficiency initiatives have improved gross margins, but softness in big-ticket DIY categories remains a challenge, with comparable sales down 1.7% in the first quarter [11][12] Comparative Analysis - Home Depot's fiscal 2025 sales and EPS estimates suggest year-over-year growth of 3.1% and a decline of 1.4%, respectively [13] - Lowe's fiscal 2025 sales and EPS estimates indicate growth of 0.8% and 2.4%, respectively [14] - Home Depot's stock has gained 12.2% over the past year, outperforming Lowe's, which has risen 4.4% [16] - Home Depot trades at a forward price-to-sales (P/S) multiple of 2.29, while Lowe's is at 1.57, indicating Home Depot is priced higher [18] - The competitive edge currently favors Home Depot due to its scale, Pro relationships, and strategic acquisitions, while Lowe's faces challenges from macro-sensitive DIY categories and tariff risks [20]

Core Viewpoint - The Home Depot has withdrawn and refiled its Premerger Notification and Report Form under the HSR Act for its acquisition of GMS Inc., extending the tender offer deadline to August 22, 2025 [1][2][3]. Group 1: Acquisition Details - The Home Depot, through its subsidiary Gold Acquisition Sub, Inc., is making an all-cash tender offer to purchase all outstanding shares of GMS at a price of $110.00 per share [1]. - The initial Premerger Notification was filed on July 21, 2025, and the waiting period under the HSR Act has restarted with the new expiration set for August 22, 2025 [2]. - The tender offer has been extended from August 8, 2025, to August 22, 2025, with all other terms remaining unchanged [3]. Group 2: Tender Offer Status - As of August 6, 2025, approximately 13,208,330 shares, representing about 34.7% of the outstanding shares, have been validly tendered [4]. - Stockholders who have already tendered their shares do not need to take any further action due to the extension of the tender offer [4]. Group 3: Company Overview - The Home Depot is the largest home improvement specialty retailer globally, operating over 2,350 retail stores and employing more than 470,000 associates [6].

Core Insights - Home Depot, Inc. continues to leverage strategic store investments, supply-chain discipline, and digital capabilities to maintain a strong market position despite macroeconomic challenges [1] - The stock's current valuation raises questions about whether there is still value to unlock or if it is prudent to hold or trim positions [1] Stock Performance - Home Depot shares closed at $386.80, reflecting an 11% gain over the past year, outperforming the industry growth of 6.3% [2] - Compared to peers, Home Depot has significantly outperformed Lowe's (0.8% increase), Floor & Decor (-19.4%), and FGI Industries (-10.2%) [2] Valuation Analysis - Home Depot trades at a forward 12-month price-to-sales (P/S) multiple of 2.29, above the industry average of 1.61 but slightly below its one-year median of 2.30 [3] - The premium P/S ratio is notable compared to Lowe's (1.55), Floor & Decor (1.71), and FGI Industries (0.06) [3] Strategic Initiatives - The company is enhancing its Pro services and technology, which strengthens its market position [6] - Home Depot's investment in technology and customer-facing innovations, including AI-driven tools, is improving customer experience and engagement [9] - The strategic approach to supply chain management, including reducing dependence on single sourcing countries, is safeguarding against geopolitical risks [10] Growth Opportunities - The Pro segment is a key growth area, with acquisitions like SRS Distribution expected to capture more market share in fragmented Pro markets [8] - Structural tailwinds from an aging U.S. housing stock and high home equity levels position Home Depot to benefit from deferred remodeling demand once interest rates normalize [10] Financial Estimates - The Zacks Consensus Estimate for the current fiscal year remains at $15.04, indicating a year-over-year decline of 1.3%, while the next fiscal year's estimate has risen to $16.43, suggesting a growth of 9.2% [12] Investment Considerations - Despite strong operational performance, Home Depot faces near-term challenges such as margin pressure and soft demand for big-ticket items [11] - For existing shareholders, holding the stock is advisable due to long-term potential, while prospective investors may consider waiting for a more favorable entry point [14]

Core Insights - Home Depot is significantly investing in artificial intelligence to enhance in-store competitiveness and improve employee efficiency through advanced digital tools [1][8] - The integration of AI tools is leading to better customer service, higher employee retention, and increased customer satisfaction [2][8] - Home Depot's strategy focuses on transforming stores into intelligent service centers, combining technology with human expertise [4] Company Performance - Home Depot shares have increased by 12.5% over the past year, outperforming the industry growth of 6.9% [7] - The company is expected to achieve a year-over-year sales growth of 3.1%, while earnings per share are projected to decline by 1.3% [10] Financial Estimates - The Zacks Consensus Estimate for Home Depot's current financial-year sales is $164.45 billion, reflecting a year-over-year growth of 3.09% [13] - The forward price-to-earnings ratio for Home Depot is 24.48X, compared to the industry average of 21.58X [9] Competitive Landscape - Lowe's is also enhancing its AI and technology investments to improve in-store productivity and customer interactions, positioning itself as a tech-enabled competitor [5] - Floor & Decor is focusing on digital and in-store initiatives, with 19% of sales driven by connected customer capabilities [6]

Group 1 - Home Depot shares crossed above their 200-day moving average of $383.64, reaching a high of $384.58 per share during trading on Tuesday [1] - Currently, Home Depot shares are trading up approximately 0.4% on the day [1] - The 52-week low for Home Depot shares is $326.31, while the 52-week high is $439.31, with the last trade recorded at $382.74 [2] Group 2 - The information regarding Home Depot's 200-day moving average was sourced from TechnicalAnalysisChannel.com [2]