The Home Depot, Inc.'s strong performance during the post-COVID housing boom is waning, with recent economic data indicating a slowdown in the housing market and elevated interest rates. The company's third-quarter earnings report showed declining average ticket size, comparable sales, and operating margins, signaling weakening core business performance. HD stock's valuation at 25.84x projected forward GAAP earnings is high, with analysts expecting only 6-8% EPS growth over the next six years.
Jim Cramer believes that Home Depot (NYSE: HD) could post less-than-stellar numbers when it releases them this week.
The operating environment for Home Depot and Lowe's remains challenging as the interest rate backdrop continues to be unfavorable despite the U.S. Fed's easing policy.
Home Depot (HD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Home Depot (HD) is scheduled to report fourth-quarter earnings before the bell on Tuesday, with analysts expecting sales to have risen year-over-year despite projecting comparable store sales to have declined for a ninth consecutive quarter.
HD's Q4 results are expected to reflect top-line growth, backed by contributions from the SRS Distribution acquisition, increased hurricane-related demand and an extra 53rd week.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss his Home Depot strategy now that he's been taken out of the name.
Get a deeper insight into the potential performance of Home Depot (HD) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
In the closing of the recent trading day, Home Depot (HD) stood at $395.43, denoting a -1.95% change from the preceding trading day.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Home Depot is a mature company with limited growth prospects, and its current stock price is overpriced relative to its intrinsic value. The company's operating margins have resumed their pre-pandemic decline, and recent acquisitions raise concerns about management's capital discipline. Despite strong historical performance, insider trading activity suggests insiders believe HD shares have been overpriced for some time.
HD's growth remains strong. But high rates and weak big-ticket demand pose challenges.