Home Depot (HD) to Release Earnings on Tuesday

Home Depot (NYSE:HD - Get Free Report) is expected to post its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Home Depot to post earnings of $3.08 per share and revenue of $39.01 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Home Depot Price Performance

Shares of HD stock traded down $9.82 during mid-day trading on Friday, reaching $384.82. The stock had a trading volume of 5,284,208 shares, compared to its average volume of 3,076,670. The company has a market cap of $382.26 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 4.04 and a beta of 1.05. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. Home Depot has a 12-month low of $323.77 and a 12-month high of $439.37. The business has a 50-day simple moving average of $402.13 and a 200 day simple moving average of $397.24.

Analysts Set New Price Targets

Several equities analysts have weighed in on HD shares. Evercore ISI raised their target price on shares of Home Depot from $420.00 to $430.00 and gave the company an "outperform" rating in a report on Wednesday, November 13th. Stifel Nicolaus raised their price objective on shares of Home Depot from $375.00 to $400.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. Barclays increased their target price on Home Depot from $372.00 to $420.00 and gave the company an "overweight" rating in a report on Tuesday, November 5th. Mizuho lifted their price target on shares of Home Depot from $435.00 to $440.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $455.00 price target on shares of Home Depot in a report on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the stock. According to data from MarketBeat.com, Home Depot currently has an average rating of "Moderate Buy" and a consensus target price of $433.44.

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Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.