Home Depot (HD) PT Raised to $430 at Evercore ISI

Morgan Stanley sees a long runway for steady growth in this retailer after earnings

November 13, 2024 7:00 PM EST

Morgan Stanley analysts reiterated their positive outlook on a home improvement retailers stock after the companys Q3 2024 results, noting that the retailer is well-positioned for steady growth despite a challenging macro environment.

The analysts highlighted several key factors that should help Home Depot (NYSE: HD) sustain its performance in the coming quarters.

According to Morgan Stanley, fundamentals are moving in the right direction,... More

Home Depot (HD) PT Raised to $475 at UBS

November 13, 2024 7:50 AM EST

UBS analyst Michael Lasser raised the price target on Home Depot (NYSE: HD) to $475.00 (from $425.00) while maintaining a Buy rating.... More

Home Depot (HD) PT Raised to $465 at Loop Capital

November 13, 2024 7:22 AM EST

(Updated - November 13, 2024 7:23 AM EST)

Loop Capital analyst Laura Champine raised the price target on Home Depot (NYSE: HD) to $465.00 (from $460.00) while maintaining a Buy rating.

The analyst commented: "We are raising our price target on Home Depot from $460 to $465 and maintaining... More

Home Depot (HD) PT Raised to $440 at Mizuho

November 13, 2024 6:39 AM EST

(Updated - November 13, 2024 8:09 AM EST)

Mizuho analyst David Bellinger raised the price target on Home Depot (NYSE: HD) to $440.00 (from $435.00) while maintaining a Outperform rating.

The analyst commented: "We came away from the HD conference call further convicted in our positive call.... More

Home Depot (HD) PT Raised to $440 at Wells Fargo

November 13, 2024 6:32 AM EST

Wells Fargo analyst Zachary Fadem raised the price target on Home Depot (NYSE: HD) to $440.00 (from $430.00) while maintaining a Overweight rating.... More

Home Depot (HD) PT Raised to $465 at Truist Securities

November 12, 2024 12:50 PM EST

Truist Securities analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $465.00 (from $459.00) while maintaining a Buy rating.

The analyst comments "3Q results were better than we originally expected, helped by warm/dry weather and ~ $200mm of incremental storm-related sales.... More

Home Depot beats Q3 expectations, raises full-year sales outlook

November 12, 2024 6:38 AM EST

Investing.com -- Home Depot (NYSE: HD) reported better-than-expected third-quarter results on Tuesday, sending shares up 1.85% in early trading.

The world's largest home improvement retailer posted adjusted earnings per share of $3.78, surpassing analyst estimates of $3.64. Revenue for the quarter came in at $40.22 billion,... More

Home Depot expects smaller drop in annual sales as hurricane rebuild boosts quarter

November 12, 2024 6:06 AM EST

By Savyata Mishra

(Reuters) -Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending in the current quarter.

The top U.S. home improvement chain also posted better-than-anticipated third-quarter results, a stark contrast from the company's performance in the first half when it struggled with cautious consumer spending.

Home Depot's shares, up 18% this year through Monday's close, rose about 2% before reversing course amid broader market weakness.

"We saw better engagement across seasonal goods and certain outdoor projects... More

Home Depot (HD) Tops Q3 EPS by 14c; raises guidance

November 12, 2024 6:03 AM EST

Home Depot (NYSE: HD) reported Q3 EPS of $3.78, $0.14 better than the analyst estimate of $3.64. Revenue for the quarter came in at $40.22 billion versus the consensus estimate of $39.27 billion.

GUIDANCE:

Home Depot sees FY2024 EPS of $15.25.

Sees sales +4%, saw +2.5% to... More

Stocks expected to have increasing option volume: LYV SATS GRAB HD LOW SPOT ANGI IAC FOUR MOS TSN

November 12, 2024 5:21 AM EST

Stocks expected to have increasing option volume: LYV SATS GRAB HD LOW SPOT ANGI IAC FOUR MOS TSN

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Home Depot is about to report earnings. Here’s what to know

November 12, 2024 3:00 AM EST

Home Depot is set to release its Q3 results, and analysts expect a positive beat in both comparable sales and EPS.

Morgan Stanley analysts anticipate Home Depots results to benefit from recent demand driven by hurricane-related needs, along with effective cost management in what has been a slower growth period for the home improvement sector.

Analysts expect Home Depots comparable sales, or comp, to come in above Wall Streets current estimates, with a decline of 2.5% instead of the 3.5% drop forecast by many.

This smaller dip, Morgan Stanley notes, is partially due to an uptick in... More

Home Depot (HD) November option implied volatility into quarter results

November 11, 2024 11:06 AM EST

Home Depot (NYSE: HD) November call option implied volatility is at 48, December is at 26; compared to its 52-week range of 15 to 40 into the expected release of quarter results before the bell on November 12.

... More

Home Depot (HD) PT Raised to $400 at Stifel

November 11, 2024 8:00 AM EST

Stifel analyst W. Andrew Carter raised the price target on Home Depot (NYSE: HD) to $400.00 (from $375.00) while maintaining a Hold rating.... More

Home Depot (HD) call put ratio 1.7 calls to 1 put into quarter results

November 11, 2024 5:37 AM EST

Home Depot (NYSE: HD) November 405 straddle priced for a move of 4% into the expected release of quarter results before the bell on November 12.

... More

Stocks expected to have increasing option volume: HD SHOP LOW TGT WMT LYV SPOT SU ALC FLUT ONON

November 11, 2024 5:20 AM EST

Stocks expected to have increasing option volume: HD SHOP LOW TGT WMT LYV SPOT SU ALC FLUT ONON

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