NYSE:HD
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Experts have mixed opinions on Home Depot (HD) as it faces challenges due to weak consumer sentiment and interest rate concerns. Many analysts suggest waiting for a stronger housing recovery and lower interest rates before making significant investments. The company's recent acquisition of SRS and ongoing improvements in its e-commerce capabilities are seen as positive factors, potentially expanding its addressable market. Despite some analysts expressing caution due to high valuation relative to historical standards, others see long-term potential, especially if interest rates decline and housing demand picks up. Overall, there is a sense of optimism about HD's resilience and its ability to navigate market fluctuations.
They just reported revenues a little light and EPS also missed, basically was flat YOY, but the quarter was still good. The misses were partly based on poor weather last quarter (a wet spring). Same-stores sales over the quarter locked flat, but was +3.1% in July after two flat months. Management is confident in its distribution centres and reiterated its full-year forecast. If interest rates fall (looking likely), it will only help the housing and home improvement market. The tariff hit will be minimized because many HD products are made in the US.
Covid saw overspending by consumers, then underspending, now normalizing. Rising interest rates have affected lower-income US households, and that's showing up in HD traffic numbers. In US, over 50% of homes are over 40 years old; long-term secular trend to repair and modernize.
Last September, he sold and took profits. Shares are trading ~24x forward PE, for 5% EPS growth. Valuation's expensive. EPS growth rate expectations have come down. Cautious spending by consumers, stock's slipped below 200-day MA. Long-term inflation is dampening the DIYers, sluggish home sales. A name to own early economic cycle, and we're about mid-way through now.
Interest rates cuts are stalling, so shares are -7.74% the past month; housing turnover and the weather have been bad. Tool sales are down. It reports tomorrow, but he will buy after that report. He has faith, because when the street was shorting this in 2008's housing crisis, HD gained market share and bought back a ton of shares.
Home Depot is a American stock, trading under the symbol HD-N on the New York Stock Exchange (HD). It is usually referred to as NYSE:HD or HD-N
In the last year, 26 stock analysts published opinions about HD-N. 21 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Home Depot.
Home Depot was recommended as a Top Pick by on . Read the latest stock experts ratings for Home Depot.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
26 stock analysts on Stockchase covered Home Depot In the last year. It is a trending stock that is worth watching.
On 2025-09-05, Home Depot (HD-N) stock closed at a price of $418.95.
Trump tariffs will cause a decline in consumer spending. This is why Trump is pressing the Fed to cut interest rates to boost consumer spending. Lower rates will help anything connected to a home equity loan--therefore HD. This is why HD is rallying despite tariff pressure