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Home Depot Beats Vs Weakening DIY Trends
Thursday, August 19, 2021 - 10:05am | 712Home Depot Inc. (NYSE: HD) revealed its sales rose more slowly than earlier in the pandemic that brought on a rapid surge in home improvement spending. The earnings and revenue beats were not enough to offset weakening DIY trends that did all the talking. Shares tumbled 5% as the home improvement...
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BofA Starts Sherwin-Williams At Underweight: 'Lack Of Focus On Shareholder Returns'
Tuesday, June 22, 2021 - 4:37pm | 318Despite strength in the coating industry, Sherwin-Williams Co (NYSE: SHW) has low relative value and a lack of focus on shareholder returns, according to BofA Securities. The Sherwin-Williams Analyst: Daniel Lungo initiates coverage of Sherwin-Williams with an Underweight rating. The Sherwin-...
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Are Home Depot And Lowe's Amazon-Proof?
Wednesday, May 19, 2021 - 6:15pm | 635Home Depot Inc (NYSE: HD) and Lowe's Companies Inc (NYSE: LOW) traded lower Wednesday after both of the home improvement retailers reported better-than-expected financial results. Home Depot Earnings: Home Depot reported first-quarter earnings of $3.86 per share, which beat...
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How Home Depot Is Winning And Could Keep Momentum
Wednesday, May 19, 2021 - 4:05pm | 576Home improvement retailer Home Depot Inc (NYSE: HD) reported first-quarter earnings that showed strength in many areas. Analysts sized up the earnings in recent updates and included several price target increases. The Home Depot Analysts: Raymond James analyst Bobby Griffin...
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Why This Lowe's Analyst Is Turning Bullish
Thursday, May 13, 2021 - 12:26pm | 295Although Lowe’s Companies Inc (NYSE: LOW) could continue to face near-term challenges, key economic indicators suggest a stronger-than-expected economic recovery and investors “should continue to focus upon shares of cyclically driven enterprises,” according to Oppenheimer. The...
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Hillman Group In Talks With Tilman Fertitta SPAC: Bloomberg
Saturday, January 16, 2021 - 9:34am | 356Tilman Fertitta may be targeting a fastener and home improvement company with the third Landcadia Holdings SPAC. What Happened: Fertitta’s Landcadia Holdings III Inc (NASDAQ: LCY) is in talks to take Hillman Group public, according to Bloomberg. Hillman makes fasteners and home improvement...
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Stock Wars: Home Depot Vs. Lowe's
Wednesday, November 18, 2020 - 8:40am | 819The coronavirus pandemic has created strong demand for housing supplies as many people shift to do-it-yourself projects around the house. Two home improvement retailers have had nice returns over the last 10 years, five years and in 2020. Here's a look at how they stack up. About Home...
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Why This Analyst Is More Bullish On Home Depot Than Lowe's
Thursday, November 12, 2020 - 1:13pm | 400Home improvement stocks have been on fire in 2020, but one analyst said Thursday that Home Depot Inc (NYSE: HD) is a better play for investors than Lowe’s Companies Inc (NYSE: LOW) heading into 2021. The Analyst: Gordon Haskett analyst Chuck Grom upgraded Home Depot from Accumulate to Buy and...
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Amazon's $250 Ring Camera Will Fly Around The House — And Record Everything
Friday, September 25, 2020 - 5:35am | 402Amazon.com, Inc (NASDAQ: AMZN)-owned Ring announced Thursday the launch of a flying indoor camera that provides users multiple viewpoints of their home. What Happened: The lightweight autonomous camera flies along predetermined paths set by the user and can be used in conjunction with the home...
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PreMarket Prep Stock Of The Day: Lowe's
Wednesday, August 19, 2020 - 12:57pm | 721Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Why KeyBanc Prefers Lowe's, Central Garden & Pet Over Home Depot
Monday, August 3, 2020 - 4:01pm | 364Trends in the home improvement industry are strong, according to KeyBanc Capital Markets data. The Analyst: Bradley Thomas has an Overweight rating on Lowe’s (NYSE: LOW) with a $165 price target; a Sector Weight rating on Home Depot (NYSE: HD); and an Overweight...
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The Street Deconstructs Home Depot, Lowe's Earnings
Monday, May 25, 2020 - 3:12pm | 944Do-it-yourself home improvement retail rivals Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) reported first-quarter results last week. Here's how some of the Street's top analysts reacted to the reports. The Home Depot Analysts Piper Sandler analyst Peter Keith...
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Sell-Side Is Constructive On Lowe's After Q3 Earnings Beat
Thursday, November 21, 2019 - 2:14pm | 588Lowe's Companies, Inc. (NYSE: LOW) continues to put up strong margins even on below-expected sales, and the U.S. picture for home improvement is good and likely to improve into next year, sell-side analysts said. Lowe's put up a strong third-quarter earnings beat on Wednesday and raised...
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2 Experts React To Home Depot's Earnings: Internal Issues At Play
Tuesday, November 19, 2019 - 11:50am | 540Home Depot Inc (NYSE: HD) reported a revenue miss in its third quarter and weaker-than-expected same-store sales. Management also revised its full-year 2019 outlook. Home Depot's same-store sales growth in the quarter came in at 3.5%, which was notably short of the approximate 5% estimate the...
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Credit Suisse Now Favors Lowe's Stock Over Home Depot
Wednesday, November 6, 2019 - 4:00pm | 494Credit Suisse downgraded the home improvement space more than a year ago amid concerns of a slowdown in home price appreciation and rising interest rates. For the most part, these trends played out and a fresh look at the segment points to gradually improving demand for home improvement retailers...