Home Depot, stocks
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Home Depot reiterated full-year guidance for total revenue growth of about 2.8% and comparable-store sales growth of 1%. The company did not repurchase any shares during the quarter, but it continues to pay a dividend that is currently yielding 2.4%. Over the past five years, Home Depot has reduced its share count by more than 7%.
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $429.88, a high estimate of $455.00, and a low estimate of $391.00. Highlighting a 3.79% decrease, the current average has fallen from the previous average price target of $446.82.
It’s a tale of two retailers . Home Depot is leaning into tariffs by holding prices steady for customers. Meanwhile, Walmart said last week it will do the opposite and raise prices. That contrast tells you who’s playing offense and who’s playing defense.
Home Depot earnings are front and center for U.S. stock investors in what will be a busy week for reports including Target and Lowe’s and any tariff price impacts for consumers. FOX Business is providing real-time updates on the markets,
The mild move in pre-market trading is nothing new. In fact, in the prior seven quarters, the one-day change after Home Depot reported earnings has seen the stock move less than 3% (and five of those instances were less than 1.5%).
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Home Depot reported Q1 results with modest headline miss, but analyst upgrades rating to Buy and raises price target to $425.