The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 avera ...

Home Depot (HD) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this home-improvement retailer have returned -2.6%, compared to the Zacks S&P 500 composite's +4.9% change. During this period, the Zacks Building Products - Retail industry, which Home Depot falls in, has lost 0.5%. The key question now is: What could be the stock's future direction?Although ...

The Home Depot, Inc. (HD) is set to report third-quarter fiscal 2024 results on Nov 12, before market open. The company's top line is expected to have increased year over year in the to-be-reported quarter. The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $39.2 billion, indicating growth of 4% from that reported in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate for quarterly earnings of $3.64 per share i ...

The upcoming report from Home Depot (HD) is expected to reveal quarterly earnings of $3.64 per share, indicating a decline of 4.5% compared to the year-ago period. Analysts forecast revenues of $39.25 billion, representing an increase of 4.1% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timefram ...

Trump's victory could derail a potential housing recovery. Shares of Home Depot (HD -3.19%) were pulling back today even though there was no company-specific news out on the stock. Instead, investors in the home improvement retailer were reacting to Donald Trump's victory. While stocks were up broadly, the real estate sector was down as Treasury yields jumped, a sign that investors think that interest rates could rise in a Trump administration due to deficit spending and tariffs, which could lead to inflati ...

Home Depot generates sufficient free cash flow to support dividends.Dividends combined with capital appreciation provide investors with a total return. However, it's vital to ensure a company can afford to continue making payments. Fortunately, it's a straightforward calculation for the year-ahead dividend payments, although you'll have to make certain assumptions.Home Depot (HD -2.50%), the world's largest home-improvement retailer, has been a reliable dividend provider. It has made payments for about 35 s ...

Who wins the battle between these two home improvement giants?There's no question about it. Home Depot (HD -0.29%) and Lowe's (LOW 0.04%) dominate the home improvement retail sector. Together, they have an estimated 45% market share in the industry. As you can see from the chart below, both stocks have performed well over the last 10 years, though Lowe's has slightly outperformed Home Depot. If you're looking to invest in the sector, you're likely choosing between these two stocks. They dominate the space, ...

Core Points - The Home Depot will hold its Third Quarter Earnings Conference Call on November 12, 2024, at 9 a.m. ET [1] - A webcast of the earnings call will be available on the company's investor relations website and will be archived for replay [1] Company Overview - The Home Depot is the world's largest home improvement retailer, operating 2,340 retail stores and over 760 branches across the U.S., Canada, and Mexico [2] - The company employs over 465,000 associates and is publicly traded on the New York Stock Exchange under the ticker symbol HD [2] - The Home Depot is included in the Dow Jones Industrial Average and the Standard & Poor's 500 index [2]

The housing market is primed for a recovery. Home Depot (HD -0.94%) is one of the best-performing stocks of all time, and today, it still retains impressive competitive advantages. It's the largest company in the massive home improvement retail industry, which has a total addressable market of close to $1 trillion. It essentially operates a duopoly with rival Lowe's, allowing both companies to earn wide operating margins and returns on invested capital. Home Depot has generally struggled since the pandemic' ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 avera ...