The Home Depot, Inc. (NYSE:HD) predictive Earnings Analysis

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u.s stocks , earnings estimates

The Home Depot, Inc. (NYSE:HD) moved down -3.47% and closed its last trading session at $123.34. This Retail-Wholesale Sector stock currently has the Market Capitalization of 152.32 Billion. The Average Volume for the stock is measured as 4.36 Million. The Stock has a 52-Week High of $139 and 52-Week Low of $109.62 following the dates, it touched its 52-Week High on Aug 2, 2016 and 52-Week Low on Feb 8, 2016. Currently, the Return on Assets value for the trailing twelve months is 17% with the Return on Equity and Return on Investment of 110.5% and 28.2% respectively. This firm currently has YTD (year to date) performance of -5.26 Percent which is not good. The Short Ratio for the stock is 1.93.

The Home Depot, Inc. (NYSE:HD) Price to Earnings (P/E) ratio is 20.81. EPS or Earning per Share stands at $5.93. The TTM operating margin is 13.8 percent.

The Home Depot, Inc. (NYSE:HD) is due to report its Earnings on Tue 15 Nov (In 21 Days). The estimated EPS for the current quarter is said to be $1.58. Following Earnings result, share price were UP 18 times out of last 27 Qtrs. The stock has reduced about -6.3% since it reported its last earnings. The Closing price of The Home Depot, Inc. (NYSE:HD) at Last Earnings was $136.36 as compared to the previous closing price of $127.78. The Predicted Move on the 7th day after The Home Depot, Inc. (NYSE:HD) will release its earnings at about 3%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, The Home Depot, Inc. (NYSE:HD) beats earnings by 100%, The Stock Missed Earnings 0 times and has met Earnings 0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

The Home Depot, Inc. (NYSE:HD) reported its previous quarter on 08/16/2016 where it reported the Actual Earnings of $1.97. The Closing price before the company posted its earnings was $136.36. The Stock declined on the very next day of earnings and maintained its stock price at $135.53 by showing a % change of -0.61 percent from its previous closing price. The Next Day Volume after Earnings was reported as 7.29 Million. On the 7th day After Earnings Report, the stock hit its share price as $134.65 by showing -1.25% decrease from the Stock price Before Earnings were reported.

On 05/17/2016, the stock reported the EPS of $1.44 where Analysts were projecting the EPS to be $1.36 showing a difference of $0.08. Thus Surprise Factor was there with 5.9 percent. Before Earnings Announcement on 05/17/2016, the firm had its stock price of $133.95. And immediately on the next day after earnings announcement, the stock declined -2.47% and closed its trading session at $130.64. On 7th Day after earnings release, The Home Depot, Inc. (NYSE:HD) dropped to -2.9% from $133.95 to $130.07.

On 02/23/2016, Analysts were suspecting EPS of $1.1/share where The Home Depot, Inc. (NYSE:HD) reported its Actual EPS of $1.17. Thus showing a Surprise of 6.4 percent. The Closing Price of the stock before earnings was $120.93 while on the Next day the stock closed its trading session at $122.58 with a percentage change of 1.36% from the price of 120.93 before Earnings. The Stock Closing Price on the 7th day of earnings was $122.18.

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, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.