The Home Depot (HD) to Release Quarterly Earnings on Tuesday
The Home Depot (NYSE:HD) is set to issue its Q114 quarterly earnings data on Tuesday, May 20th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $19.96 billion for the quarter. The Home Depot has set its FY15 guidance at $4.38 EPS.Parties interested in participating in the company’s conference call can do so using this link.
The Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the 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 expect The Home Depot to post $4.42 EPS for the current fiscal year and $5.11 EPS for the next fiscal year.
The Home Depot (NYSE:HD) opened at 77.36 on Monday. The Home Depot has a 52 week low of $72.21 and a 52 week high of $83.20. The stock has a 50-day moving average of $78.05 and a 200-day moving average of $79.00. The company has a market cap of $106.9 billion and a P/E ratio of 20.28.
Several analysts have recently commented on the stock. Analysts at BMO Capital Markets upgraded shares of The Home Depot from a “market perform” rating to an “outperform” rating in a research note on Friday. They now have a $90.00 price target on the stock, up previously from $82.00. On the ratings front, analysts at Jefferies Group cut their price target on shares of The Home Depot from $94.00 to $90.00 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company. The Home Depot has a consensus rating of “Buy” and a consensus target price of $87.83.
The Home Depot, Inc (NYSE:HD) is a home improvement retailer.
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