Home Depot Takes Lumps from Poor Sales


The single-session equity put/call ratio jumped to 0.62, while the 21-day moving average fell to 0.62. Shares fell 1.6 percent in early trading. Empire Life Investments Inc. now owns 957 shares of the home improvement retailer's stock valued at $157,000 after acquiring an additional 670 shares during the period. (NYSE:HD). Optimum Investment accumulated 5,971 shares or 0.36% of the stock. Bankshares Of America Corp De stated it has 0.59% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 126,906 shares. Westfield Capital Mgmt LP accumulated 867,689 shares. (NYSE:HD) for 28,641 shares. HM Payson & Co. lifted its holdings in The Home Depot by 88.2% during the 3rd quarter.

Negative sentiment was also generated in reaction to react to earnings news from home improvement retailer Home Depot (HD). (NYSE:HD) news were published by: Benzinga.com which released: "Earnings Scheduled For May 15, 2018" on May 15, 2018, also Investorplace.com with their article: "How Home Depot Inc Is Winning With Millennials" published on May 09, 2018, Forbes.com published: "Can Online Sales Drive Growth For Home Depot In The First Quarter?" on May 11, 2018. Leisure, California-based fund reported 16,795 shares. The average 12 month price objective among brokerages that have issued ratings on the stock in the past year is $195.04.

HD had 5 selling transactions and 2 insider buys since December 7, 2017. (NYSE:HD) for 2,388 shs. Home Depot Inc has $216.67B market cap. $3.31 million worth of stock was sold by Decker Edward P. on Tuesday, February 27. The insider Campbell Ann Marie sold $7.02 million. Menear Craig A sold $20.89M worth of The Home Depot, Inc. Telsey Advisory Group reissued an "outperform" rating and issued a $220.00 target price (up from $190.00) on shares of The Home Depot in a research note on Friday, January 19th. This is 13.79 % from the last price.

Tesla Inc (NASDAQ:TSLA) stock is down 2.6% ahead of the bell, after Morgan Stanley cut its price target o $291 from $376, as well as itsshort- and long-term auto margin forecasts. S&P Research maintained The Home Depot, Inc.

A total of 20 analysts rate Home Depot (NYSE:HD) as follows: 16 "Buy", 4 "Hold" and 0 "Sell". Therefore 71% are positive.

The 52-week low presently is 32.46%, and the 52-week high is now set up at -7.96%. The stock was sold at an average price of $187.32, for a total value of $3,308,071.20. Home Depot had 31 analyst reports since November 16, 2017 according to SRatingsIntel. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the stock. On Wednesday, February 21 the firm has "Buy" rating given by Citigroup. The stock presently has an average rating of "Buy" and a consensus price target of $194.80. Jefferies maintained The Home Depot, Inc. Finally, Morgan Stanley set a $210.00 price target on The Home Depot and gave the stock a "buy" rating in a report on Wednesday, March 21st. But, they always look for clear and accurate business statistic, regardless of the target company. The stock of The Home Depot, Inc. (HD) a Buy?" with publication date: "May 01, 2018. The stock witnessed 10.58% gains, 3.81% gains and 17.03% gains for the 1-month, 3-month and 6-month period, respectively. About 7.88 million shares traded or 56.02% up from the average. HD is uptrending and has moved 18.94% since May 15, 2017. HD outperformed the S&P500 by 7.39%. The company runs The Home Depot outlets that stock a variety of décor products, building materials, garden and lawn products, as well as home improvement products. It has a 25.92 P/E ratio.

It also engages in the provision of home maintenance, installation, as well as professional service programs to customers.

More notable recent The Home Depot, Inc. The company said sales of things like interior doors, bath fixtures, and interior paint have been strong, along with its contractor business.

The retailer's quarterly results come amid mixed signals from USA housing data. More interesting news about The Home Depot, Inc.

The report said the NAHB/Wells Fargo Housing Market Index rose to 70 in May from a downwardly revised 68 in April.