Home Depot (HD) August 347.50 straddle into quarter results

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Telsey Reiterates Market Perform Rating on Home Depot (HD)

August 14, 2024 5:30 AM EDT

Telsey analyst Joseph Feldman reiterated a Market Perform rating and $360.00 price target on Home Depot (NYSE: HD).

The analyst comments "TAG View: Home Depot reported 2Q24 adjusted EPS of $4.67, beating our estimate of $4.64 and the FactSet (FS) consensus of $4.53, driven by sales of $43.2B (TAG $42.7B; FS $42.6B) that were boosted by $1.3B for the six weeks since acquiring SRS Distribution... More

Evercore ISI Reiterates Outperform Rating on Home Depot (HD)

August 13, 2024 8:43 AM EDT

Evercore ISI analyst Greg Melich reiterated an Outperform rating and $415.00 price target on Home Depot (NYSE: HD).

The analyst comments "Slight miss on comps, beat on EPS. Most importantly for the stock, HD officially threw in the towel on their prior... More

Citi Defending Home Depot (HD): 'It’s Not as Bad as Stock Reacting'

August 13, 2024 8:42 AM EDT

Citi analyst Steven Zaccone reiterated a Buy rating and $395.00 price target on Home Depot (NYSE: HD)

The analyst comments "HD reported a slightly weaker than expected print for SSS in both 2Q and for 2H guidance implications, but we believe the EPS... More

Truist Cautious on Home Depot (HD): 'near-term set up difficult to assess'

August 13, 2024 7:25 AM EDT

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $396.00 price target on Home Depot (NYSE: HD)

The analyst comments "Net/net 2Q comps were down (3.3%) and US comps were down (3.6%) vs. our recently downwardly revised forecast of (2.3%) and (2.5%), respectively. As... More

Jefferies on Home Depot (HD) Earnings: 'Comps Underwhelm'

August 13, 2024 7:21 AM EDT

Jefferies analyst Jonathan Matuszewski reiterated a Buy rating and $426.00 price target on Home Depot (NYSE: HD).

The analyst comments "A noisy quarter given the six-week sales contribution from recently acquired SRS, but nonetheless, the underlying trend is clear: higher interest rates & greater macroeconomic uncertainty... More

Stifel Negative on Home Depot (HD) Following Earnings, 'We expect the shares to trade lower this morning'

August 13, 2024 6:58 AM EDT

Stifel analyst W. Andrew Carter reiterated a Hold rating and $380.00 price target on Home Depot (NYSE: HD).

The analyst comments "QUICK WORD: NEGATIVE. 2Q24 EPS $4.60 including $0.07 amortization headwind outpaced our estimate ($4.35), but with weaker comparable sales -3.3% (-2%) including -3.6% domestic (-1.9%), with... More