The Home Depot Inc. (NYSE:HD) – Equities researchers at Oppenheimer Holdings issued their Q1 2018 earnings per share (EPS) estimates for The Home Depot in a note issued to investors on Friday. Oppenheimer Holdings analyst B. Nagel forecasts that the brokerage will earn $1.58 per share for the quarter. Oppenheimer Holdings also issued estimates for The Home Depot’s Q2 2018 earnings at $2.17 EPS, Q3 2018 earnings at $1.73 EPS and Q4 2018 earnings at $1.47 EPS.

A number of other analysts also recently issued reports on HD. Vetr upgraded The Home Depot from a “hold” rating to a “buy” rating and set a $140.30 price target for the company in a research report on Thursday, September 8th. Stifel Nicolaus assumed coverage on The Home Depot in a research report on Tuesday, August 2nd. They set a “buy” rating and a $157.00 price target for the company. Royal Bank Of Canada lifted their price target on The Home Depot from $150.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, August 17th. Morgan Stanley set a $145.00 price target on The Home Depot and gave the company a “hold” rating in a research report on Wednesday, September 28th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating and set a $142.00 price target on shares of The Home Depot in a research report on Tuesday, August 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have given a buy rating to the stock. The Home Depot has a consensus rating of “Buy” and an average price target of $145.79.

Earnings History and Estimates for The Home Depot (NYSE:HD)

The Home Depot (NYSE:HD) opened at 129.85 on Monday. The firm has a market cap of $160.44 billion, a P/E ratio of 21.98 and a beta of 1.05. The company has a 50-day moving average price of $125.71 and a 200-day moving average price of $130.93. The Home Depot has a 1-year low of $109.62 and a 1-year high of $139.00.

A number of hedge funds have recently modified their holdings of HD. Ironwood Investment Counsel LLC raised its position in The Home Depot by 1.6% in the first quarter. Ironwood Investment Counsel LLC now owns 18,134 shares of the home improvement retailer’s stock worth $2,419,000 after buying an additional 278 shares during the period. Simmons Bank acquired a new position in The Home Depot during the first quarter worth $2,259,000. Geode Capital Management LLC raised its position in The Home Depot by 6.1% in the first quarter. Geode Capital Management LLC now owns 10,960,092 shares of the home improvement retailer’s stock worth $1,459,625,000 after buying an additional 630,567 shares during the period. Kimelman & Baird LLC raised its position in The Home Depot by 5.0% in the first quarter. Kimelman & Baird LLC now owns 166,428 shares of the home improvement retailer’s stock worth $22,206,000 after buying an additional 7,925 shares during the period. Finally, Sand Hill Global Advisors LLC acquired a new position in The Home Depot during the first quarter worth $312,000. Institutional investors and hedge funds own 71.62% of the company’s stock.

In other The Home Depot news, EVP Matt Carey sold 29,357 shares of the company’s stock in a transaction dated Wednesday, August 17th. The stock was sold at an average price of $136.26, for a total value of $4,000,184.82. Following the completion of the sale, the executive vice president now owns 88,872 shares in the company, valued at $12,109,698.72. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Carol B. Tome sold 97,610 shares of the company’s stock in a transaction dated Monday, August 22nd. The stock was sold at an average price of $135.35, for a total value of $13,211,513.50. Following the completion of the sale, the chief financial officer now owns 644,831 shares of the company’s stock, valued at approximately $87,277,875.85. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

About The Home Depot

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

5 Day Chart for NYSE:HD

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