Home Depot Inc. (HD) Releases FY15 Earnings Guidance
Home Depot Inc. (NYSE:HD) updated its FY15 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $4.38 for the period, compared to the Thomson Reuters consensus estimate of $4.42, Stock Ratings News reports. The company issued revenue guidance of +4.8% to ~$82.59 billion, compared to the consensus revenue estimate of $82.90 billion.
Shares of Home Depot Inc. (NYSE:HD) opened at 77.87 on Tuesday. Home Depot Inc. has a 1-year low of $65.49 and a 1-year high of $82.57. The stock’s 50-day moving average is $78.62 and its 200-day moving average is $77.50. The company has a market cap of $109.7 billion and a P/E ratio of 21.10.
Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.02. The company had revenue of $17.70 billion for the quarter, compared to the consensus estimate of $17.92 billion. On average, analysts predict that Home Depot Inc. will post $3.74 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.41%.
A number of research firms have recently commented on HD. Analysts at TheStreet reiterated a buy rating on shares of Home Depot in a research note on Monday. One analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $86.11.
The Home Depot, Inc (NYSE:HD) is a home improvement retailer.
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