We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Home Depot (HD) Outpaced the Stock Market Today
Read MoreHide Full Article
Home Depot (HD - Free Report) ended the recent trading session at $396.00, demonstrating a +2.19% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 1.14%. Meanwhile, the Dow gained 1.1%, and the Nasdaq, a tech-heavy index, added 1.39%.
The stock of home-improvement retailer has risen by 4.71% in the past month, leading the Retail-Wholesale sector's gain of 1.54% and the S&P 500's gain of 2%.
Analysts and investors alike will be keeping a close eye on the performance of Home Depot in its upcoming earnings disclosure. The company's earnings report is set to go public on August 19, 2025. The company's upcoming EPS is projected at $4.71, signifying a 0.86% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $45.51 billion, showing a 5.41% escalation compared to the year-ago quarter.
HD's full-year Zacks Consensus Estimates are calling for earnings of $15.03 per share and revenue of $164.4 billion. These results would represent year-over-year changes of -1.38% and +3.07%, respectively.
Investors might also notice recent changes to analyst estimates for Home Depot. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.02% rise in the Zacks Consensus EPS estimate. Currently, Home Depot is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Home Depot is at present trading with a Forward P/E ratio of 25.78. This indicates a premium in contrast to its industry's Forward P/E of 19.83.
We can also see that HD currently has a PEG ratio of 3.68. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Retail - Home Furnishings industry stood at 2.75 at the close of the market yesterday.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why Home Depot (HD) Outpaced the Stock Market Today
Home Depot (HD - Free Report) ended the recent trading session at $396.00, demonstrating a +2.19% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 1.14%. Meanwhile, the Dow gained 1.1%, and the Nasdaq, a tech-heavy index, added 1.39%.
The stock of home-improvement retailer has risen by 4.71% in the past month, leading the Retail-Wholesale sector's gain of 1.54% and the S&P 500's gain of 2%.
Analysts and investors alike will be keeping a close eye on the performance of Home Depot in its upcoming earnings disclosure. The company's earnings report is set to go public on August 19, 2025. The company's upcoming EPS is projected at $4.71, signifying a 0.86% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $45.51 billion, showing a 5.41% escalation compared to the year-ago quarter.
HD's full-year Zacks Consensus Estimates are calling for earnings of $15.03 per share and revenue of $164.4 billion. These results would represent year-over-year changes of -1.38% and +3.07%, respectively.
Investors might also notice recent changes to analyst estimates for Home Depot. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.02% rise in the Zacks Consensus EPS estimate. Currently, Home Depot is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Home Depot is at present trading with a Forward P/E ratio of 25.78. This indicates a premium in contrast to its industry's Forward P/E of 19.83.
We can also see that HD currently has a PEG ratio of 3.68. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Retail - Home Furnishings industry stood at 2.75 at the close of the market yesterday.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.