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.
Home Depot (HD) Rises Higher Than Market: Key Facts
Read MoreHide Full Article
In the latest close session, Home Depot (HD - Free Report) was up +2.9% at $353.42. The stock outpaced the S&P 500's daily gain of 2.35%. On the other hand, the Dow registered a gain of 2.15%, and the technology-centric Nasdaq increased by 2.74%.
The home-improvement retailer's stock has climbed by 18.14% in the past month, exceeding the Retail-Wholesale sector's gain of 6.78% and the S&P 500's loss of 5.6%.
The investment community will be paying close attention to the earnings performance of Home Depot in its upcoming release. The company is slated to reveal its earnings on November 17, 2026. The company's upcoming EPS is projected at $3.86, signifying a 3.21% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $42.69 billion, up 3.25% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $15.01 per share and revenue of $171.4 billion. These totals would mark changes of +2.18% and +3.14%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Home Depot. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.06% fall in the Zacks Consensus EPS estimate. Home Depot presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Home Depot is presently trading at a Forward P/E ratio of 22.89. This denotes a premium relative to the industry average Forward P/E of 18.33.
One should further note that HD currently holds a PEG ratio of 2.44. 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 Retail - Home Furnishings was holding an average PEG ratio of 1.62 at yesterday's closing price.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 181, this industry ranks in the bottom 27% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Home Depot (HD) Rises Higher Than Market: Key Facts
In the latest close session, Home Depot (HD - Free Report) was up +2.9% at $353.42. The stock outpaced the S&P 500's daily gain of 2.35%. On the other hand, the Dow registered a gain of 2.15%, and the technology-centric Nasdaq increased by 2.74%.
The home-improvement retailer's stock has climbed by 18.14% in the past month, exceeding the Retail-Wholesale sector's gain of 6.78% and the S&P 500's loss of 5.6%.
The investment community will be paying close attention to the earnings performance of Home Depot in its upcoming release. The company is slated to reveal its earnings on November 17, 2026. The company's upcoming EPS is projected at $3.86, signifying a 3.21% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $42.69 billion, up 3.25% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $15.01 per share and revenue of $171.4 billion. These totals would mark changes of +2.18% and +3.14%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Home Depot. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.06% fall in the Zacks Consensus EPS estimate. Home Depot presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Home Depot is presently trading at a Forward P/E ratio of 22.89. This denotes a premium relative to the industry average Forward P/E of 18.33.
One should further note that HD currently holds a PEG ratio of 2.44. 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 Retail - Home Furnishings was holding an average PEG ratio of 1.62 at yesterday's closing price.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 181, this industry ranks in the bottom 27% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.