Home Depot, Inc. (The) (NYSE:HD) Getting Somewhat Positive Press Coverage, Study Finds

News articles about Home Depot, Inc. (The) (NYSE:HD) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Home Depot, Inc. (The) earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the home improvement retailer an impact score of 46.2822675103049 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

HD has been the subject of several recent research reports. UBS AG reiterated a “buy” rating and set a $175.00 target price (up previously from $173.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Wedbush reiterated a “market perform” rating on shares of Home Depot, Inc. (The) in a research note on Wednesday. Jefferies Group LLC reiterated a “buy” rating and set a $182.00 target price on shares of Home Depot, Inc. (The) in a research note on Thursday, August 10th. Stifel Nicolaus reiterated a “buy” rating and set a $178.00 target price on shares of Home Depot, Inc. (The) in a research note on Wednesday. Finally, Zacks Investment Research lowered shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and nineteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $169.81.

Home Depot, Inc. (HD) traded down 1.46% during mid-day trading on Friday, reaching $147.49. 6,989,147 shares of the company’s stock were exchanged. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. The stock has a 50-day moving average price of $151.15 and a 200-day moving average price of $150.06. The stock has a market cap of $174.48 billion, a P/E ratio of 21.23 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last issued its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. During the same quarter last year, the business earned $1.97 earnings per share. The company’s revenue was up 6.2% compared to the same quarter last year. On average, analysts forecast that Home Depot, Inc. will post $7.33 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date is Tuesday, August 29th. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is currently 51.15%.

In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the transaction, the executive vice president now owns 64,810 shares in the company, valued at $9,877,044. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.26% of the stock is currently owned by company insiders.

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Home Depot, Inc. (The) Company Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Insider Buying and Selling by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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