Why Home Depot Got Hammered After Earnings

Why Home Depot Got Hammered After Earnings

OMTK's SI was 800 shares in May as released by FINRA. During Home Depot's earnings call in February, management said President Trump's tax legislation was a "net positive" for the housing industry. With 15,000 avg volume, 0 days are for OMNITEK ENGINEERING CORP (OTCMKTS:OMTK)'s short sellers to cover OMTK's short positions. The RSI index of the company now stands at, while the change from open is calculated at 0.41%. Boys Arnold And invested in 1.4% or 49,281 shs. Pinnacle Wealth Planning Services Inc. purchased a new stake in The Home Depot during the 4th quarter valued at about $112,000.

Shares of Home Depot Inc. slipped 1.4 percent to $188.42 in Tuesday trading.

The Home Depot, Inc is a home improvement retailer founded in 1978. Home Depot Ord now has $216.40 billion valuation. The stock was acquired at an average cost of $178.29 per share, for a total transaction of $3,000,085.83. (NYSE:HD) has risen 18.94% since May 15, 2017 and is uptrending. HD outperformed the S&P500 by 7.39%. Employees Retirement System Of Texas stated it has 0.68% in The Home Depot, Inc. The Home Depot Inc. had 117 analyst reports since August 19, 2015 according to SRatingsIntel. Morgan Stanley maintained The Home Depot, Inc. (NYSE:HD) earned "Buy" rating by Citigroup on Wednesday, February 21. (NYSE:HD). Cypress Asset Tx owns 38,993 shs or 1.59% of their USA capital. The company was upgraded on Wednesday, August 16 by Stifel Nicolaus. On Wednesday, February 21 Wedbush maintained The Home Depot, Inc.

Analyst's mean target price for the company is $76.15 while analysts mean suggestion is 2. The firm has "Hold" rating given on Thursday, December 7 by Bernstein. They issued an "outperform" rating and a $205.00 target price for the company. Furthermore, the 50-day simple moving average is projected at 1.39%, and the 200-day simple moving average is also estimated at -0.69%. The home improvement store posted diluted net earnings per share of $2.08 on revenues of $24.95 billion.

For more The Home Depot, Inc.

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The Company expects its fiscal 2018 sales to grow by approximately 6.7 percent and comp sales to be up approximately 5.0 percent. "Is Rallying â€" Grab Some Before the Earnings Spike" with publication date: "May 14, 2018.

Big Money Sentiment decreased to 0.93 in Q4 2017. Japan's Nikkei shed 0.2%, Hong Kong's Hang Seng lost 1.2%, and South Korea's Kospi took a 0.7% loss. It fall, as 51 investors sold HD shares while 662 reduced holdings. Funds hold 788.59 million shares thus 0.96% less from 2017Q3's 796.24 million shares. Markel invested 3.29% of its portfolio in The Home Depot, Inc. (NYSE:HD). Ing Groep Nv has invested 0.63% in The Home Depot, Inc.

Taking a look at the performance of Activision Blizzard, Inc. stock, an investor will come to know that the weekly performance for this stock is valued at 1.89%, resulting in a performance for the month at 8.83%. Barometer Capital Mgmt accumulated 44,600 shares.

On a yearly basis, The Walt Disney Company (DIS) sells 3,844,810 products and the price per piece now is $102.64, while the change stands at 0.19%. Fmr invested in 0.66% or 29.84M shares. Caisse De Depot Et Placement Du Quebec holds 0.11% in The Home Depot, Inc. The retailer delivered first-quarter earnings on Tuesday, and the results proved to be a mixed bag. Hanson & Doremus Investment Management raised its stake in shares of The Home Depot by 82.8% in the 4th quarter. 1,813 were reported by Cohen Lawrence B. Tokio Marine Asset Mngmt Co reported 6,637 shs stake. Also, Director Gregory D. Brenneman bought 16,827 shares of the stock in a transaction dated Wednesday, March 21st.

Shares of Symantec Corporation (NASDAQ:SYMC) are up 2.7% in electronic trading, after the software company said its accounting probe would not have any material impact on financial statements. In the last quarter, insiders sold 169,027 shares of company stock worth $31,220,882.