Home Depot’s long run of earnings beats has ended
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The comments came alongside the company’s first-quarter results, where Home Depot missed earnings estimates for the first time since May 2020 but topped revenue expectations. The retailer reaffirmed its full-year forecast, which assumes the recently lowered 30% tariff rate on Chinese imports remains in place.
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $429.88, a high estimate of $455.00, and a low estimate of $391.00. Highlighting a 3.79% decrease, the current average has fallen from the previous average price target of $446.82.
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Home Depot Vs Lowe's: Which Home Improvement Stock Holds the Reins?Home Depot stock seems pricey. Its premium valuations ... particularly within the high-value Pro customer segment. These strengths make Home Depot a durable, cycle-resistant business with strong ...
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The Home Depot Inc. HD stock has lost 12.3% in the past three months, marking an outperformance from the broader industry’s 14.7% fall. However, it has underperformed the Retail-Wholesale sector ...
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Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.
Analysts expect a muted report from the home improvement giant, reflecting softer demand and fewer store visits amid a sluggish housing market.