On Nov 13, major Wall Street analysts update their ratings for $Home Depot (HD.US)$, with price targets ranging from $410 to $465.
Morgan Stanley analyst Simeon Gutman maintains with a buy rating, and maintains the target price at $450.
J.P. Morgan analyst Christopher Horvers maintains with a buy rating, and maintains the target price at $450.
BofA Securities analyst Robert Ohmes maintains with a buy rating, and adjusts the target price from $425 to $450.
Citi analyst Steven Zaccone maintains with a buy rating, and maintains the target price at $433.
Barclays analyst Seth Sigman maintains with a buy rating, and maintains the target price at $420.
Furthermore, according to the comprehensive report, the opinions of $Home Depot (HD.US)$'s main analysts recently are as follows:
Following Home Depot's reported Q3 adjusted earnings per share, which surpassed expectations due to unexpectedly high comparable sales, projections for FY25 earnings per share have been revised upwards on account of the Q3 outperformance.
The firm emerged from the earnings conference call with a reinforced positive outlook on Home Depot. Regardless of storm-related impacts, Home Depot's October comparable sales figures were favorable, possibly benefiting from professional and outdoor categories. This suggests that low-single-digit comparable sales for fiscal 2025 are likely a conservative estimate, with the potential for higher figures as the year progresses. Trade credit is seen as a significant forthcoming development and an underrated element of Home Depot's narrative.
The expectation is set for Home Depot to potentially exceed its comparative sales and earnings forecasts, which could lead to achieving the upper spectrum of its revised full-year guidance. Although this outcome would be favorable, clarity on the enhancement of specific product categories is still limited.
In anticipation of fiscal Q3 earnings, there is a maintained stance on the shares of Home Depot. With a more optimistic view on the second half of 2024, the expectation is that the EPS estimates for FY24 will surpass the higher end of guidance. Yet, the forecast for FY25 and FY26 remains below the consensus, due to cautiousness regarding the extent of the category's recovery. It has also been observed that although shares of Home Depot and Lowe's have pulled back from their recent highs, they have experienced a surge of 20% and 25%, respectively, following the release of June CPI data.
Here are the latest investment ratings and price targets for $Home Depot (HD.US)$ from 13 analysts:
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美東時間11月13日，多家華爾街大行更新了$家得寶 (HD.US)$的評級，目標價介於410美元至465美元。
摩根士丹利分析師Simeon Gutman維持買入評級，維持目標價450美元。
摩根大通分析師Christopher Horvers維持買入評級，維持目標價450美元。
美銀證券分析師Robert Ohmes維持買入評級，並將目標價從425美元上調至450美元。
花旗分析師Steven Zaccone維持買入評級，維持目標價433美元。
巴克萊銀行分析師Seth Sigman維持買入評級，維持目標價420美元。
此外，綜合報道，$家得寶 (HD.US)$近期主要分析師觀點如下：
在家得寶公佈的第三季度每股調整收益超出預期的背景下，因可比銷售額意外高，2025財年的每股收益預測已上調。
公司在業績會後的看漲中對家得寶的前景持更加積極的看法。儘管受到風暴影響，家得寶10月份的可比銷售數據仍然良好，可能受益於專業和戶外類別。這表明，2025財年低個位數的可比銷售額可能是保守的估計，隨着年份的推移，有可能出現更高的數字。交易信用被視爲一個重要的即將出現的發展，以及家得寶敘事中的一個被低估的元素。
預計家得寶可能超出其可比銷售和收益預測，這可能導致其修訂後的全年指導指標達到上限。儘管這一結果將是有利的，但對特定產品類別的改善情況仍然不清晰。
在等待2023財年第三季度收益的同時，家得寶的股份維持不變。由於對2024下半年的更樂觀看法，預計2024財年的每股收益估計將超出指導的上限。然而，對於2025財年和2026財年的預測仍低於市場普遍預期，因對該類別恢復程度的謹慎態度也得到了體現。此外，儘管家得寶和Lowe's的股份自近期高點回落，但在6月CPI數據公佈後，分別上漲了20%和25%。
以下爲今日13位分析師對$家得寶 (HD.US)$的最新投資評級及目標價：
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