199.08 0.00 (0.00%)
After hours: 4:20PM EDT
|Bid||198.51 x 1100|
|Ask||199.13 x 800|
|Day's range||198.12 - 200.13|
|52-week range||144.25 - 207.61|
|PE ratio (TTM)||25.85|
|Earnings date||14 Aug 2018|
|Forward dividend & yield||4.12 (2.05%)|
|1y target est||211.13|
Former GE exec Bob Nardelli says President Donald Trump is "a very reasonable individual" and trade war fears are overblown.
As the Dow comes under pressure again, one technician is taking the opportunity to break open the index for the names to buy on weakness.
Home Depot co-founder Ken Langone had humble beginnings, and working odd jobs growing up instilled a work ethic and taught him how to read people. Those things served him later in his career, he says.
Trade with China appears to be back on the market’s menu today, and the post-meal fortune doesn’t look too positive for stocks. Going into Friday’s session, focus turned toward the U.S. decision to impose new 25% tariffs on $50 billion worth of Chinese products. Stocks fell in pre-market trading, following the path of most European and Asian markets.
Home Depot (HD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On June 12, Home Depot (HD) was trading at $201.31. On the same day, analysts were expecting the company’s stock price to reach $211.13 in the next 12 months, which represents a return potential of 4.9%.
How Much Upside Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post EPS of $9.62, which represents a rise of 21.9% from its EPS of $7.89 in the corresponding four quarters of the previous year. Home Depot’s management expects its EPS to rise 28% to $9.31 in 2018.
How Much Upside Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post revenue of $109.3 billion, which represents a rise of 7.2% from $102.0 billion in the four corresponding quarters of the previous year. Home Depot’s management expects its revenue to rise 6.7% in 2018, which includes one extra week of operations. However, on a comparable 52-week basis, the company’s revenue is expected to rise 5.0%, which has accounted for new accounting standards.
After posting its first-quarter earnings on May 15, Home Depot (HD) saw its stock price fall to $184.01 on May 30. Although Home Depot outperformed analysts’ EPS expectations, its stock fell due to lower-than-expected sales and same-store sales growth.
In an email he said had been sent to staff, billionaire Chief Executive Elon Musk said on Tuesday that the cuts were part of a simplification of Tesla's management structure promised last month. Tesla said it began notifying impacted workers on Tuesday and would continue to do so throughout the week. Musk also said that Tesla had decided not to renew a residential sales agreement with Home Depot (HD.N), and would focus instead on selling its solar products through its own stores and website.
Home Depot deal also nixedBloomberg News/LandovElon Musk at a event last year. Tesla (TSLA) “has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in the past, are difficult to justify today," the email read. The layoffs will “almost entirely” affect salaried employees and no production employees are included as the Silicon Valley car maker focuses on increasing Model 3 production, the email said.
Workers assemble cars on the line at Tesla's factory in Fremont, California. Musk said via Twitter on Tuesday that about 9% of the Palo Alto, California-based car and energy company’s workforce will be let go, as part of a “comprehensive organizational restructuring.” The cuts don’t affect production workers, who are needed to help reach and expand Tesla’s goal of building 5,000 Model 3 electric sedans per week by the end of this month. Until about a month ago, Tesla shares were declining on concerns about the company’s long-term financial health and ongoing problems related to achieving high-volume production of the Model 3, its most affordable electric car to date.
There are a number of reasons that attract investors towards large-cap companies such as The Home Depot Inc (NYSE:HD), with a market cap of US$228.78B. Market participants who are consciousRead More...
Tesla, as part of a broader restructuring, is pulling sales staff and residential solar products from Home Depot stores.
Just four months ago, Tesla Inc. began a major expansion of its solar division at Home Depot Inc., rolling out Tesla-branded selling spaces at 800 of the retailer’s locations. Buried in a memo about a major reorganization and job cuts, Tesla Chief Executive Officer Elon Musk said the company has decided not to renew its residential sales agreement with Home Depot. The majority of Tesla employees working at Home Depot will be offered the opportunity to move over to Tesla’s retail locations, according to the memo.