Economy

The Home Depot (HD) Reports Q1 2018 Results

The Home Depot (HD) Reports Q1 2018 Results

The RSI index of the company now stands at, while the change from open is calculated at 0.41%. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. But even at 4.2% growth, Home Depot's performance is the envy of nearly every other major retailer, for which a 2-3% increase is a victory nowadays.

Shares of Home Depot are trading lower in the premarket.

To some degree, Home Depot is paying a price for years of very strong results that for one quarter, were merely very good. Home Depot Ord now has $216.40 billion valuation. $3.31 million worth of stock was sold by Decker Edward P. on Tuesday, February 27. 4,506,717 shares of the company were exchanged, compared to its average volume of 5,082,929. 10,916 The Home Depot, Inc. HD is uptrending and has moved 18.94% since May 15, 2017. HD outperformed the S&P500 by 7.39%.

Among 35 analysts covering The Home Depot Inc. (NYSE:HD) earned "Buy" rating by Robert W. Baird on Thursday, November 30. Therefore 71% are positive. Mai Capital Mngmt has invested 0.9% in The Home Depot, Inc. Morgan Stanley maintained The Home Depot, Inc. The Home Depot, Inc.'s RSI is presently sitting at 59.63. (NYSE:HD) on Friday, October 13 with "Buy" rating.

HD has been the topic of a number of research reports. The company was upgraded on Wednesday, August 16 by Stifel Nicolaus. Guggenheim maintained The Home Depot, Inc. (NYSE:HD) rating on Wednesday, August 19. "This is indicative of a stock in an uptrend", he said. The single-session equity put/call ratio jumped to 0.62, while the 21-day moving average fell to 0.62. The business's revenue for the quarter was up 4.4% on a year-over-year basis. equities research analysts forecast that The Home Depot will post 9.43 earnings per share for the current year. More interesting news about The Home Depot, Inc. (HD) in trading session dated March 21, 2018.

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Investors sentiment decreased to 0.93 in 2017 Q4. Japan's Nikkei shed 0.2%, Hong Kong's Hang Seng lost 1.2%, and South Korea's Kospi took a 0.7% loss. 51 investors sold all, 662 reduced holdings as HD ratio is negative. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported. Qvt Financial LP accumulated 0.61% or 57,357 shares. Fincl Architects holds 0.14% or 4,540 shares in its portfolio.

Shares of HD opened at $177.39 on Monday. The third largest holder is Capital World Investors, which now holds $11.93 billion worth of this stock and that ownership represents almost 5.38% of its market capitalization. Barometer Capital Mgmt accumulated 44,600 shares. Hartline Invest Corporation reported 24,837 shares. Perritt Cap invested in 0.11% or 2,133 shares. The retailer delivered first-quarter earnings on Tuesday, and the results proved to be a mixed bag. (NYSE:HD). Argi Invest Llc accumulated 0.04% or 3,538 shares. Jacobi Capital Management LLC boosted its holdings in The Home Depot by 16.4% during the 2nd quarter. 1,813 were reported by Cohen Lawrence B. Tokio Marine Asset Mngmt Co reported 6,637 shs stake.

HD had 5 selling transactions and 2 insider buys since December 7, 2017. Shares for $3.00M were bought by BRENNEMAN GREGORY D. 6,650 shares valued at $1.19M were bought by CODINA ARMANDO M on Friday, March 2. The insider Roseborough Teresa Wynn sold 10,916 shares worth $1.97 million. Its stock is also "moving above $180". For the past month, shares are 7.77%. Shares for $7.02M were sold by Campbell Ann Marie on Thursday, February 22.

In other The Home Depot news, CEO Craig A. Menear sold 113,687 shares of The Home Depot stock in a transaction that occurred on Wednesday, February 21st.