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Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest close session, Home Depot (HD - Free Report) was down 2.03% at $324.71. The stock's performance was behind the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.
Coming into today, shares of the home-improvement retailer had lost 3.33% in the past month. In that same time, the Retail-Wholesale sector gained 2.27%, while the S&P 500 gained 0.42%.
The upcoming earnings release of Home Depot will be of great interest to investors. The company's earnings report is expected on August 18, 2026. The company's upcoming EPS is projected at $4.71, signifying a 0.64% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $47.5 billion, indicating a 4.92% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $15.01 per share and revenue of $171.65 billion, indicating changes of +2.18% and +4.23%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Home Depot. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Home Depot boasts a Zacks Rank of #4 (Sell).
Investors should also note Home Depot's current valuation metrics, including its Forward P/E ratio of 22.08. Its industry sports an average Forward P/E of 22.08, so one might conclude that Home Depot is trading at no noticeable deviation comparatively.
We can also see that HD currently has a PEG ratio of 3.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Home Furnishings industry currently had an average PEG ratio of 1.88 as of yesterday's close.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Home Depot (HD - Free Report) was down 2.03% at $324.71. The stock's performance was behind the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.
Coming into today, shares of the home-improvement retailer had lost 3.33% in the past month. In that same time, the Retail-Wholesale sector gained 2.27%, while the S&P 500 gained 0.42%.
The upcoming earnings release of Home Depot will be of great interest to investors. The company's earnings report is expected on August 18, 2026. The company's upcoming EPS is projected at $4.71, signifying a 0.64% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $47.5 billion, indicating a 4.92% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $15.01 per share and revenue of $171.65 billion, indicating changes of +2.18% and +4.23%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Home Depot. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Home Depot boasts a Zacks Rank of #4 (Sell).
Investors should also note Home Depot's current valuation metrics, including its Forward P/E ratio of 22.08. Its industry sports an average Forward P/E of 22.08, so one might conclude that Home Depot is trading at no noticeable deviation comparatively.
We can also see that HD currently has a PEG ratio of 3.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Home Furnishings industry currently had an average PEG ratio of 1.88 as of yesterday's close.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.