Jefferies Cuts Price Target on Home Depot (HD) to $149 Following 3Q

UBS Reiterates Buy on Home Depot (HD) Following 3Q

November 16, 2016 9:17 AM EST

UBS reiterated a Buy rating and $145.00 price target on Home Depot (NYSE: HD) following the company's 3Q earnings report. HD reported comps of 5.5% (5.9% in the US), performing in-line with the 3Q category growth of 5.9%.

Analyst Michael Lasser commented, "While the market expressed some... More

Home Depot maintains full-year sales forecast, disappointing investors

November 15, 2016 6:13 AM EST

By Sruthi Ramakrishnan

(Reuters) - Home Depot Inc (NYSE: HD), the No. 1 U.S. home improvement chain, did not lift its full-year sales forecast, implying a weaker-than-expected fourth quarter amid an improving housing market and higher consumer spending in the United States.

The company also raised its full-year earnings forecast only to account for lower tax provisions and outstanding share count.

Home Depot shares fell as much as 3 percent on Tuesday morning, reversing course from premarket when they gained after the company reported third-quarter profit and sales that beat analysts' estimates.

... More

Home Depot (HD) Tops Q3 EPS by 2c; Boosts FY16 EPS Outlook

November 15, 2016 6:07 AM EST

Home Depot (NYSE: HD) reported Q3 EPS of $1.60, $0.02 better than the analyst estimate of $1.58. Revenue for the quarter came in at $23.2 billion versus the consensus estimate of $23.05 billion.

Comparable store sales for the third quarter of fiscal 2016 were positive 5.5 percent, and comp... More

Maverick Capital 13F Shows New Stakes in Blue Buffalo Pet (BUFF), Dollar General (DG), Increase in ABI (BUD), Philip Morris (PM), (More...)

November 14, 2016 4:56 PM EST

Maverick Capital released its 13F for the quarter ended Sept. 2016. Below is a summary

New Stakes
Akorn, Inc. (NASDAQ: AKRX) new 116,040 share position
ALTISOURCE REG (NASDAQ: ASPS) new 35,340 share position
Analog Devices, Inc. (NASDAQ: ADI) new 50,120 share position
Applied Materials Inc (NASDAQ: AMAT) new 105,100 share position
Best Buy Co. Inc. (NYSE: BBY) new 81,490 share position
Blue Buffalo Pet Products (NASDAQ: BUFF) new 121,640 share position
Childrens Place (NASDAQ: PLCE) new 37,899 share... More

Home Depot (HD) volatility at upper end of range into Q3 and outlook

November 14, 2016 2:06 PM EST

Home Depot (NYSE: HD) November call option implied volatility is at 39, December is at 26; compared to its 52-week range of 24 to 52; compared to its 52-week range of 13 to 39 into Q3.

... More

Trading Radar for 11/15: Home Depot (HD), Dick's Sporting Goods (DKS), JD.com (JD), Mobileye (MBLY), TJX Cos. (TJX) Report

November 14, 2016 1:42 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Retail Sales - Street sees 0.6%Empire Manufacturing - Street sees (0.5)

Earnings:

Ability, Inc. (Nasdaq: ABIL) - consensus EPS $0.24
Alcobra Ltd. (Nasdaq: ADHD) - consensus loss... More