文章核心观点 - 探讨影响家得宝（Home Depot）股票近期表现的因素，其Zacks Rank 3表明短期内或与大盘表现一致 [1][10] 股价表现 - 过去一个月家得宝股票回报率为+1.5%，同期Zacks标准普尔500综合指数变化为+4.2%，所属Zacks建筑产品零售行业下跌0.1% [1] 盈利预测修正 - Zacks优先评估公司未来盈利预测的变化，因认为未来盈利流现值决定股票公允价值，盈利预测上调会使股票公允价值上升，推动股价上涨 [2] - 本季度家得宝预计每股收益4.59美元，同比变化-1.3%，过去30天Zacks共识预测变化-0.4% [2] - 本财年共识盈利预测15.30美元，同比变化+1.3%，过去30天变化-0.1% [3] - 下一财年共识盈利预测16.21美元，较去年预期变化+5.9%，过去一个月变化-0.4% [3] - 因共识预测近期变化幅度及其他三个与盈利预测相关因素，家得宝被评为Zacks Rank 3（持有） [3] 营收情况 - 公司营收增长对盈利增长至关重要，本季度家得宝共识销售估计为426亿美元，同比变化-0.7% [5] - 本财年和下一财年估计分别为1542.3亿美元和1580.4亿美元，变化分别为+1%和+2.5% [5] 上次财报结果及惊喜历史 - 上次报告季度家得宝营收364.2亿美元，同比变化-2.3%，每股收益3.63美元，去年同期为3.82美元 [6] - 与Zacks共识估计的366.5亿美元相比，报告营收惊喜为-0.64%，每股收益惊喜为+0.55% [6] - 过去四个季度公司均超过共识每股收益估计，三次超过共识营收估计 [6] 估值 - 投资决策需考虑股票估值，通过比较公司估值倍数的当前值与历史值及同行值，可判断股票是否合理估值 [7] - Zacks价值风格评分有助于识别股票是否高估、合理估值或暂时低估，家得宝在此方面评级为B，表明其相对于同行折价交易 [8][9]

ATLANTA, June 14, 2024 /PRNewswire/ -- The Home Depot® (NYSE: HD) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with its pending acquisition of SRS Distribution Inc. ("SRS"). The expiration of the waiting period occurred at 11:59 p.m. on June 13, 2024.The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction.The transaction is expe ...

It has been about a month since the last earnings report for Home Depot (HD) . Shares have lost about 1.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Home Depot due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Home Depot Q1 Earnings Surpass, Sales Miss Estim ...

Investors can expect this dominant retailer to maintain its industry-leading position.In the past five years, shares of Home Depot (HD 2.51%) produced a total return of 90%. This is a respectable gain. However, it lagged the 102% total return of the S&P 500. It doesn't help that Home Depot currently trades 20% below its peak price.Investors are probably wondering what the future holds. Where will this top retail stock be in five years? Let's seek to find out.Getting back to growthDuring its fiscal 2024's fi ...

家得宝：全美家居建材连锁零售商龙头 - 家得宝是全美家居建材连锁零售商龙头,主要跟踪美国已开工新建住宅和建材家具零售库销比 [5][6][7] - 公司主要收入来源美国,产品线主要包括建筑建材、装饰材料和机械工具 [6][7] - 公司按照客户群体将业务分为DIY、DIFM、PROs三类,PROs业务贡献约45%的销售额,客户属性为B端 [8][9] - 公司MRO业务营收粗略估算约60亿美元体量,占比公司整体营收低中个位数 [9] MRO业务打开公司成长空间,协同PRO业务更好发展 - 美国家居建材零售市场整体逐步走向成熟,家得宝和劳氏市场份额合计超过40%且双寡头的竞争格局近十年来较为稳定 [15][16] - 北美MRO市场空间广阔,竞争格局较为分散 [17][18][19][20] - 公司预计其家居建材零售业务潜在市场空间超过4500亿美元,B端业务PROs潜在市场空间超过5000亿美元,其中MRO潜在市场空间超过1000亿美元 [21][22] - MRO业务与PRO业务协同,从而打造独一无二的"One Home Depot Pros"的B2B平台 [29] 凭借零售和PRO业务基本盘,公司MRO业务竞争力有望领先 - 美国MRO市场竞争格局分散且参与者多为区域小型MRO经销商 [23][24] - 得益于零售和PRO业务稳固的基本盘,家得宝MRO业务相比区域小型MRO分销商具备更强竞争力 [25][26][27][28] - 公司MRO业务能够与PRO业务实现客户资源的共享共赢 [29] 盈利预测与投资评级 - 我们预测公司FY2024-2026年营收同比增长1.0%/1.9%/2.5%至1542.11/1571.20/1609.97亿美元;归母净利润分别同比增长-8.03%/13.67%/3.27%至157.31/178.80/184.65亿美元;对应的EPS分别为15.9/18.0/18.6美元/股;对应的PE分别为21.0/18.5/17.9倍,首次覆盖并给予"中性"评级 [28]

Matt Carey to Retire from The Home Depot After 16 Years of Service ATLANTA, May 30, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, appointed Jordan Broggi as executive vice president (EVP) of customer experience and president of online, effective June 3, 2024. In the role of EVP of customer experience, he will be responsible for leading the vision, design, and development of new and innovative solutions to drive a seamless experience for the millions of customers who tu ...

文章核心观点 - 这些公司拥有数十年持续增长股息的明确发展路径 [1][3] - 公司提供长期被动收益的能力取决于收益增长,而非当前股息水平 [1][2] - 投资者过于关注当前股息收益率可能会产生错误,即使公司持续增加股息 [2] 行业总结 家居装修行业 - 房地产市场放缓会影响家得宝的业绩,因为房主在买卖房屋前后会进行装修维修 [4][5][6] - 但家得宝的股息水平是可持续的,有望随着房地产市场改善而增长 [7] 公用事业行业 - 约克水务公司拥有200多年历史,是最早的投资者拥有的公用事业公司之一 [9][12] - 公司业务模式简单稳健,即使在经济衰退时期客户也不太可能减少用水量 [13] - 公司过去25年来收入和息税折旧及摊销前利润(EBITDA)保持一致增长 [13] - 公司财务健康,过去10年平均派息率为61%,是一家值得关注的长期被动收益股票 [14] 零售行业 - 沃尔玛作为新晋"股息王"最近提高了9%的季度派息,这是10多年来最大涨幅 [16] - 公司一季度经调整的营业利润增长13.7%,销售额增长6%,体现了公司的盈利能力提升 [17][18] - 公司电商业务增长21%,同时大幅降低了单次送货成本,显示出良好的运营效率 [18][19] - 公司股价涨幅超过股息增长,导致目前股息收益率仅为1.4% [20] - 但公司仍有进一步提升盈利和股息的潜力 [20][21]

文章核心观点 - 该公司正在通过扩大供应链设施、技术投资和提升数字体验来丰富客户体验 [1] - 该公司与Instacart合作,提供同日送货服务,扩大了产品选择范围,增强了电子商务能力 [2][3][4] - 该公司的专业客户(Pro)业务是关键的增长驱动力,公司正在投资建立专业客户生态系统 [6] 根据相关目录分别进行总结 公司业务发展 - 公司正在执行"One Home Depot"投资计划,聚焦于扩大供应链设施、技术投资和提升数字体验 [1] - 公司与Instacart合作,提供同日送货服务,扩大了产品选择范围,包括园艺、建材、灯具等家居改造产品 [2][3][4] - 公司的专业客户(Pro)业务保持强劲增长,公司正在投资建立专业客户生态系统,包括专业级产品、独家品牌、增强的交付、信贷、数字能力、现场销售支持、租赁等 [6] 行业表现 - 公司股价在过去一年内上涨17.1%,优于行业15.2%的涨幅 [7] - 公司目前评级为Zacks Rank 3(Hold) [7] - 同行业中,Gap、American Eagle和Deckers等公司表现较好 [8][9][12][14]

The U.S. retail sector, recognized as the world’s largest, has demonstrated remarkable resilience. It expanded by nearly 20% in 2021 with strong growth continuing into 2022. This surge, fueled by $800 billion in stimulus checks and additional programs, presents attractive investment opportunities in retail stocks. And, it highlights the sector’s robust potential for continued profitability.Despite the volatile environment marked by a 40-year inflation high in June 2022 and 11 Federal Reserve rate hikes by J ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...