Home Depot (HD) Receives News Impact Rating of -1.56

News stories about Home Depot (NYSE:HD) have been trending somewhat negative on Thursday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Home Depot earned a daily sentiment score of -1.56 on their scale. InfoTrie also gave news headlines about the home improvement retailer an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Home Depot’s analysis:

Several analysts have issued reports on HD shares. Wells Fargo & Co cut their price objective on Home Depot from $230.00 to $220.00 and set an “outperform” rating on the stock in a research note on Monday, October 22nd. UBS Group cut their price objective on Home Depot from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Credit Suisse Group restated a “neutral” rating and set a $204.00 price objective (down previously from $222.00) on shares of Home Depot in a research note on Wednesday, October 17th. Stifel Nicolaus cut their price objective on Home Depot from $225.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, November 14th. Finally, Citigroup cut their price objective on Home Depot from $227.00 to $226.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Eight equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $204.60.

Shares of Home Depot stock opened at $188.41 on Thursday. The company has a debt-to-equity ratio of 17.68, a quick ratio of 0.28 and a current ratio of 1.09. The company has a market cap of $211.58 billion, a PE ratio of 25.26, a P/E/G ratio of 1.40 and a beta of 1.10. Home Depot has a twelve month low of $158.09 and a twelve month high of $215.43.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, November 13th. The home improvement retailer reported $2.51 EPS for the quarter, beating the consensus estimate of $2.27 by $0.24. Home Depot had a return on equity of 664.88% and a net margin of 10.00%. The firm had revenue of $26.30 billion for the quarter, compared to analysts’ expectations of $26.23 billion. During the same period last year, the firm earned $1.84 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year. As a group, research analysts expect that Home Depot will post 9.8 EPS for the current year.

In other Home Depot news, Director Wayne M. Hewett bought 250 shares of the stock in a transaction that occurred on Wednesday, November 21st. The shares were purchased at an average cost of $169.62 per share, for a total transaction of $42,405.00. Following the transaction, the director now directly owns 3,000 shares in the company, valued at $508,860. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 7,203 shares of the firm’s stock in a transaction that occurred on Friday, December 7th. The shares were sold at an average price of $177.45, for a total value of $1,278,172.35. Following the completion of the sale, the executive vice president now owns 23,109 shares in the company, valued at $4,100,692.05. The disclosure for this sale can be found here. 0.25% of the stock is owned by company insiders.

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Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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