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Home Depot (HD) Dips More Than Broader Market: What You Should Know
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Home Depot (HD - Free Report) closed the most recent trading day at $296.72, moving -2.83% from the previous trading session. This change lagged the S&P 500's 0.76% loss on the day. Elsewhere, the Dow lost 0.68%, while the tech-heavy Nasdaq lost 1.13%.
Prior to today's trading, shares of the home-improvement retailer had lost 9.63% lagged the Retail-Wholesale sector's loss of 3.45% and the S&P 500's gain of 1.26%.
The upcoming earnings release of Home Depot will be of great interest to investors. The company's earnings report is expected on November 17, 2026. The company is predicted to post an EPS of $3.87, indicating a 3.48% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $42.72 billion, up 3.3% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $15 per share and revenue of $171.35 billion, which would represent changes of +2.11% and +4.05%, respectively, from the prior year.
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 a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.09% higher. Home Depot currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Home Depot has a Forward P/E ratio of 20.35 right now. This represents a premium compared to its industry average Forward P/E of 18.62.
One should further note that HD currently holds a PEG ratio of 3.36. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 1.96 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 190, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Home Depot (HD) Dips More Than Broader Market: What You Should Know
Home Depot (HD - Free Report) closed the most recent trading day at $296.72, moving -2.83% from the previous trading session. This change lagged the S&P 500's 0.76% loss on the day. Elsewhere, the Dow lost 0.68%, while the tech-heavy Nasdaq lost 1.13%.
Prior to today's trading, shares of the home-improvement retailer had lost 9.63% lagged the Retail-Wholesale sector's loss of 3.45% and the S&P 500's gain of 1.26%.
The upcoming earnings release of Home Depot will be of great interest to investors. The company's earnings report is expected on November 17, 2026. The company is predicted to post an EPS of $3.87, indicating a 3.48% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $42.72 billion, up 3.3% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $15 per share and revenue of $171.35 billion, which would represent changes of +2.11% and +4.05%, respectively, from the prior year.
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 a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.09% higher. Home Depot currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Home Depot has a Forward P/E ratio of 20.35 right now. This represents a premium compared to its industry average Forward P/E of 18.62.
One should further note that HD currently holds a PEG ratio of 3.36. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 1.96 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 190, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.