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Goldman Sachs Sees Upside In Retail Giants Dollar Tree, Home Depot, Best Buy And Target Despite Tariff, Margin Pressures
Monday, April 14, 2025 - 1:47pm | 581Goldman Sachs analyst Kate McShane today puts forward insights from meetings with the management teams of Dollar Tree Inc (NASDAQ:DLTR) and Home Depot Inc (NYSE:HD), along with an analysis of valuations, inventory turns and SG&A ratios for the covered companies. The note also explores the...
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Home Depot Hammers Down Strong Q3 Sales, Builds For Long-Term Success
Wednesday, November 13, 2024 - 12:55pm | 516Home Depot Inc (NYSE:HD) released its third-quarter earnings report Tuesday, posting revenue and EPS beats, aided by recent bouts of extreme weather. Analysts are still bullish on the Atlanta, Georgia-based company. Home Depot Analysts: The following analysts published notes on Tuesday: Goldman...
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Apple Hardware Now Lasts Longer And This Is Making The iPhone Maker Pivot Toward AI And Software, Says Mark Gurman
Sunday, June 30, 2024 - 10:20pm | 685Apple Inc. (NASDAQ:AAPL) is reportedly focusing more on artificial intelligence and software as its hardware innovation slows down. What Happened: In his latest weekly “Power On” newsletter, Bloomberg columnist Mark Gurman said that Apple’s devices are now designed to last...
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Will Home Depot Continue To Weather Macro Challenges? 'Continued Softness In Discretionary Projects,' But 'Compelling Recovery Opportunity,' Say Analysts
Wednesday, May 15, 2024 - 12:55pm | 823Home Depot Inc (NYSE:HD) shares were climbing in early trading on Wednesday, despite the company reporting disappointing first-quarter sales. The results came amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Home Depot Analyst Scot Ciccarelli reiterated a...
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Lowe's Q4 Earnings Preview: DIY Revenues, Online Struggles, Timber Troubles, A Silver Lining In Home Improvement
Monday, February 26, 2024 - 4:07pm | 571Lowe’s Companies (NYSE:LOW) will be reporting its fourth-quarter earnings on Feb. 27. Wall Street expects $1.68 in EPS and $18.45 billion in revenues as the company reports before market hours. The company is known for being a prominent American home improvement and appliance retailer,...
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Home Depot Will Outperform This Major Rival, Says Bullish Analyst
Tuesday, January 16, 2024 - 2:19pm | 297Shares of Home Depot Inc (NYSE: HD) have been in focus after receiving an upgrade from Wedbush analysts. Home equity extraction activity is showing signs of trending higher in 2024, which improves the prospects of the home improvement space, especially large remodel projects, according to Piper...
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Home Depot Q3 Earnings: Can Improving Financials Beat Interest Rates, Inflation Concerns?
Monday, November 13, 2023 - 1:58pm | 671Home Depot Inc (NYSE:HD) will be reporting its third-quarter earnings on Nov. 14 before market hours. The home improvement retailer has a history of beating EPS estimates for the last reported 12 quarters. Consensus analyst estimates for Home Depot stand at $3.58 in EPS and $35.66 billion in...
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SafePal Breaks New Ground With Open-source Wallet Suite And X1 Bluetooth Hardware — Here's All You Need To Know
Sunday, September 17, 2023 - 6:56pm | 556In a strategic move to stand tall among industry giants like Ledger and Trezor, Binance-backed SafePal has transitioned to an open-source platform, introducing a new Bluetooth hardware wallet, the X1. What Happened: The company, which enjoys the backing of Binance Labs and Animoca Brands...
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Lowe's Companies Q2 Earnings Preview: What Analysts Are Saying, How Rival Home Depot's Q2 Beat Could Help And Hurt
Monday, August 21, 2023 - 4:50pm | 992Leading home improvement retailer Lowe’s Companies (NYSE: LOW) will report second-quarter financial results before the market opens Tuesday. Here’s a look at what analysts are expecting from the company and key aspects to watch. Earnings Estimates: Analysts are expecting Lowe’s...
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Home Depot May Be Setting Itself Up To Nail Future Estimates: Analyst Says Home Improvement Retailer 'Knows How To Manage Expectations'
Tuesday, August 15, 2023 - 4:32pm | 566Home Depot Inc (NYSE: HD) beat earnings estimates for the first time in three quarters Tuesday morning, but sales slipped on a year-over-year basis as customers held off on big-ticket purchases. What Happened: Home Depot said second-quarter revenue decreased 2% year-over-year to $42.92 billion...
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Apple Set To Bring Radical Transformation In Chip Industry With Plan To Ditch Broadcom, Qualcomm As Suppliers: Report
Tuesday, January 10, 2023 - 4:22am | 528Apple Inc. (NASDAQ: AAPL) has been stepping up efforts to diversify away from chip suppliers and use its own silicon in its hardware devices. What Happened: Apple is planning to replace a key part supplied by Broadcom Inc. (NYSE: AVGO) with an in-house component by 2025, Bloomberg...
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Why This Oppenheimer Analyst Upgrades Home Depot
Monday, December 6, 2021 - 1:05pm | 234The consumer backdrop is set to normalize in 2022 and 2023 and the nearer-term prospects for Home Depot Inc (NYSE: HD) have improved, according to Oppenheimer. The Home Depot Analyst: Brian Nagel upgraded the rating for Home Depot from Perform to Outperform, while establishing a price target of $...
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BofA Announces Double Downgrade On Mercury Systems
Friday, August 20, 2021 - 12:41pm | 248Mercury Systems Inc (NASDAQ: MRCY) reported a 3% decline in organic earnings for the fiscal fourth quarter and announced disappointing guidance for fiscal 2022, citing the timing of awards, administration changes and customer execution issues as the reasons, according to BofA Securities. The...
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Are Home Depot And Lowe's Amazon-Proof?
Wednesday, May 19, 2021 - 6:15pm | 635Home Depot Inc (NYSE: HD) and Lowe's Companies Inc (NYSE: LOW) traded lower Wednesday after both of the home improvement retailers reported better-than-expected financial results. Home Depot Earnings: Home Depot reported first-quarter earnings of $3.86 per share, which beat...
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Power Tools and Stimulus Fuels Stanley Black & Decker Upgrade
Friday, March 12, 2021 - 12:07pm | 248Stanley Black & Decker, Inc. (NYSE: SWK) is poised to benefit from the ongoing strength in power tool demand. The $1.9 trillion stimulus also lends further upside, according to BofA Securities. The Stanley Black & Decker Analyst: Ross Gilardi upgraded the rating for Stanley Black...