Yahoo Finance Home Depot (HD) in Focus: Stock Moves 5.3% Higher
The Home Depot, Inc. HD was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 29.1%
The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Home Depot currently has a Zacks Rank #3 (Hold) while its Earnings ESP is +0.09%.
The Home Depot, Inc. Price and Consensus
The Home Depot, Inc. price-consensus-chart | The Home Depot, Inc. Quote
A better-ranked stock in the Building Products – Retail industry is Lumber Liquidators Holdings, Inc. LL, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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