|Bid||214.05 x 800|
|Ask||214.03 x 900|
|Day's range||210.67 - 214.23|
|52-week range||158.09 - 239.31|
|Beta (5Y Monthly)||1.00|
|PE ratio (TTM)||21.32|
|Earnings date||25 Feb 2020|
|Forward dividend & yield||5.44 (2.57%)|
|1y target est||233.34|
Company executives at an investor and analyst conference said 2020 is expected to be a peak year of investments for its $11 billion "One Home Depot" programme, which was first announced in 2017 to better integrate its online operations with stores. The company's total investment in the growth initiative in 2020 will be $3.9 billion, compared to $3.6 billion in 2019 and $3.3 billion in 2018. "After 2020, this level of investment will decrease and benefits from our investment should increase," Chief Financial Officer Richard McPhail said.
Target is the Yahoo Finance Company of the Year for 2019. We talk with Target's executive team and experts on how the retailer made it happen in 2019 and what's in store for 2020.
While an individual stock is certainly a great option to tap the Black Friday deals in the investment world, a basket approach through ETFs is diversified and more cost effective at lower risk.
Home Depot (HD) loses momentum on the recent dismal top-line performance in third-quarter fiscal 2019. However, its earnings beat streak and strategic investments create positive sentiments.
Each of the three major indices rose to record highs Wednesday as trade optimism buoyed equities and a deluge of economic data came in stronger than expected.
A sell-off in stocks accelerated Wednesday afternoon after Reuters reported an initial U.S.-China trade deal might not be completed by the end of 2019.
Discount Store retailers' earnings results are likely to reflect gains from a unique business model as well as omni-channel, pricing and merchandising initiatives. High costs might have hurt margins.
Target brought back some holiday cheer to the market one day after a number of disappointing retail earnings sparked fear this year's holiday shopping season won't be a robust one. Target, the second largest discount retailer, posted better-than-expected quarterly results on Wednesday and raised its profit outlook for the year. The stock hit an all-time high. The retailer has seen a lot of success from investments in the online space and in terms of multiple delivery options from same-day to pick-up. All that is paying off and allowing Target to steal customers away from department stores and specialty retailers. One retailer that's not getting caught up in Target's vortex is Lowe's. The second-largest home improvement retailer behind Home Depot also boosted its full-year profit forecast. The company offered fewer discounts which helped it pocket more profit from each sale. A tweak in its product line toward more power tools brought in professional builders and handymen, which tend to spend more. Quarterly sales, however, came in just below analysts forecasts but not enough to change Lowe's sales outlook. That was a relief after Home Depot cut its forecast for the second time this year. Shares of Lowe's rallied to an all-time high Wednesday.