Home Depot Stock News

By Uday Sampath Kumar (Reuters) – Home Depot Inc and Lowe’s Cos Inc may warn of a slowdown in 2022 sales when they report their quarterly results next week to reflect a potential cooling in the U.S. housing market and a rapid rise in inflation.

Home Depot Inc and Lowe''s Cos Inc may warn of a slowdown in 2022 sales when they report their quarterly results next week to reflect a potential cooling in the U.S. housing market and a rapid rise in inflation.

These two massive retailers compete head-to-head in all facets of their businesses, but one benefits more from a specific customer group.

Home-improvement retailers Home Depot and Lowe''s have seen shares slide this year. That drop may be premature, and fourth-quarter earnings could show continued strength.

Someone with a lot of money to spend has taken a bullish stance on Home Depot (NYSE: HD ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with HD, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 33 uncommon options trades for Home Depot. This isn''t normal. The overall sentiment of these big-money traders is split between 63% bullish and 36%, bearish. Out of all of the special options we uncovered, 16 are puts, for … Full story available on Benzinga.com

Walmart Bucks Surging Costs, Supply Chain Chaos With Strong Results And Outlook, $10 Billion Stock Buyback Walmart reported Q4 earnings which again topped estimates on Thursday after shoppers turned to the retailer for groceries and gifts over the holidays and said it’s focused on value as some customers grow nervous about inflation. The company also raised its dividend by a cent to 56 cents per share, and unveiled a new buyback of at least $10 billion for fiscal 2023; Looking ahead the largest US bricks and mortar retailer unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment Here is what the company reported for the fourth quarter: Revenue $152.87 billion, +0.5% y/y, beating the estimate $151.67 billion Total U.S. comparable sales ex-gas +6.3%, in line with the estimate +6.31% Walmart-only U.S. stores comparable sales ex-gas +5.6%, beating the estimate +5.5% Sam''s Club U.S. comparable sales ex-gas +10.4%, beating the estimate +9.84% Walmart-only U.S. comparable ticket +2.4%, missing the estimate +2.75% Walmart-only U.S. comparable transactions +3.1%, missing the estimate +3.5% Change in U.S.

Here are the biggest calls on Wall Street on Thursday.

A whale with a lot of money to spend has taken a noticeably bearish stance on Home Depot . Looking at options history for Home Depot (NYSE: HD ) we detected 13 strange trades. If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish. From the overall spotted trades, 7 are puts, for a total amount of $233,168 and 6, calls, for a total amount of $433,485. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $315.0 to $400.0 for Home Depot Full story available on Benzinga.com

… Read more Home Depot Closed Yesterday Down -2.55% The post Home Depot Closed Yesterday Down -2.55% appeared first on CFDTrading .

Here are the biggest calls on Wall Street on Friday.

The Dow Jones Industrial Average is falling Thursday morning with shares of Microsoft and Home Depot delivering the stiffest headwinds for the blue-chip

https://www.investing.com/analysis/home-depot-lowes-weakness-presents-buying-opportunity-for-income-investors-200617636

Home Depot is expected to report fiscal 2021 fourth-quarter earnings on Feb. 22.

The Home Depot, Inc. (NYSE:HD) is a home improvement retailer. Rising interest rates usually lead to a boom in the housing market.

Home Depot Inc (NYSE:HD) is a department store that offers home improvement products for bathrooms, kitchens, gardens, as well as cleaning appliances, construction materials, paints, floors, lighting, and much more. In 2014, the company launched its e-commerce platform so customers could check their online catalog and make purchases. In this article, you will find information […]