The Home Depot Announces Fourth Quarter and Fiscal 2021 Results; Increases Quarterly Dividend by 15 Percent; Provides Fiscal 2022 Guidance

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Home Depot (HD) PT Lowered to $402 at Goldman Sachs

February 23, 2022 7:00 AM EST

Goldman Sachs analyst Kate McShane lowered the price target on Home Depot (NYSE: HD) to $402.00 (from $413.00) while maintaining a Buy rating.

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Home Depot (HD) PT Lowered to $400 at Guggenheim

February 23, 2022 6:22 AM EST

Guggenheim analyst Steven Forbes lowered the price target on Home Depot (NYSE: HD) to $400.00 (from $425.00) while maintaining a Buy rating.

The analyst commented, "Not only were HD's 4Q 2021 operating results better than expected (Exhibit 1) - due to a sequential acceleration in 2-year comp trends... More

Home Depot (HD) Tops Q4 EPS by 3c

February 22, 2022 6:06 AM EST

Home Depot (NYSE: HD) reported Q4 EPS of $3.21, $0.03 better than the analyst estimate of $3.18. Revenue for the quarter came in at $35.7 billion versus the consensus estimate of $34.8 billion. Comparable sales in the U.S. increased 7.6 percent.

GUIDANCE:

The Company's... More