The future of Home Depot (HD) is seen with mixed sentiments by industry analysts. On the one hand, some experts like those from Stifel are upgrading the company's stock due to an increased conviction in its revenue ramp, while also getting buy ratings from Wells Fargo and Morgan Stanley. Meanwhile, concerns have been raised about the company's ability to navigate the effects of tariffs, which the CFO has pledged won't lead to increased prices. Concurrently, HD's Q1 sales are reported to have risen to $39,856 million, in spite of a decrease in net income. Growth, although modest, is still being seen despite economic uncertainties. Furthermore, HD has maintained an impressive dividend streak of 153 quarters, declaring a recent dividend of $2.30. There are also several noteworthy internal moves, with the likes of Blue Fin Capital Inc. and Novem Group taking notable positions in HD's shares. The stock, however, has been volatile with analysts keenly watching its performance.
Home Depot HD News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 24 May 2025 17:55:27 GMT - Rating 5 - Innovation -2 - Information 6 - Rumor -1
