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Builders First Source, Other Homebuilder Stocks Rise With Catalysts Such As Mortgage Rates, The Fed, Kamala Harris Plan
Monday, September 16, 2024 - 12:19pm | 581Read More...Homebuilder stocks are on the rise as the Federal Reserve is expected to cut rates later this week, mortgage rates are on the decline and Democratic presidential candidate, Vice President Kamala Harris, proposes a homeownership plan that involves building three million new homes. The Fed is...
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US Responds To Mattress Dumping Allegations With New Tariffs
Thursday, May 30, 2019 - 4:13pm | 669Read More...American mattress makers welcomed the U.S. government’s firm response to allegations of Chinese mattress dumping with new tariffs — but it may not have been the king-size response some had hoped for. What Happened The Commerce Department said Wednesday that Chinese exporters have dumped...
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SunTrust: Why HD Supply Could Hit $48 Per Share
Thursday, March 15, 2018 - 3:09pm | 382Read More...Shares of HD Supply Holdings Inc (NASDAQ: HDS) have lost more than 8 percent over the past year, but the bullish case for owning the stock can now be made, according to SunTrust. The Analyst SunTrust Robinson Humphrey's Keith Hughes upgraded HD Supply Holdings' stock from Hold to Buy...
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Lumber Liquidators Reports Its 10th Consecutive Quarter Of Negative Comps
Thursday, July 28, 2016 - 4:34pm | 224Read More...Lumber Liquidators Holdings Inc (NYSE: LL) on Wednesday reported Q2 results. A net loss of ($0.45) per share was $0.20 larger than expected, while revenue of $238.09 million, down 4 percent year-over-year, came in $2.43 million below the Street’s consensus. Comparable store sale tumbled 7...
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Street Cheers Home Depot's Latest Quarter
Thursday, February 25, 2016 - 10:30am | 401Read More...Wall Street analysts were gleeful after Home Depot Inc (NYSE: HD) beat earnings and revenue consensus for the fourth quarter. The company earned $1.17 per share on sales of $20.98 billion while the Street was expecting $1.10 on $20.39 billion in revenue. 'High-Quality Way To Play Housing...
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SunTrust Downgrades Home Depot And Lowe's, Sees Slowing Comps
Tuesday, October 14, 2014 - 12:47pm | 299Read More...Two major home-improvement retail chains were downgraded Tuesday on a disconnect between their stock performance and that of their suffering suppliers. "They should move in response to the same metrics," SunTrust's Keith Hughes said in a research note. "The divergence between...
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SunTrust Issues Report On Mattress Stocks
Friday, May 30, 2014 - 9:12am | 156Read More...Stocks in the Mattress group moved lower Thursday afternoon following some potentially concerning comments from SunTrust's Keith Hughes. Hughes warned follow through into the summer months may not materialize. Shares of Mattress Firm (NASDAQ: MFRM), Select Comfort (NASDAQ: SCSS) and Tempur...
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UPDATE: SunTrust Initiates Coverage on The Home Depot as Recovery Story Has a Long Way to Go
Wednesday, October 16, 2013 - 10:11am | 172Read More...In a report published Wednesday, SunTrust Robinson Humphrey analyst Keith Hughes initiated coverage on The Home Depot (NYSE: HD) with a Buy rating and $90.00 price target. In the report, SunTrust Robinson Humphrey noted, “We are initiating on HD with a BUY rating based on the following points. (1...
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Watsco, Inc. (WSO) Maintains Buy Rating; Estimate Raised
Monday, March 22, 2010 - 11:59am | 104Read More...Analysts Keith Hughes and Judy Merrick at SunTrust Robinson Humphrey have released an update on Watsco, Inc. (NYSE: WSO). Last week, the company released a regulatory filing detailing historic information, which included Q109 and Q209 revenue, gross profit and operating profit for Carrier...
