On February 21, Home Depot (HD) released Q4 and FY2022 results (January 29, 2023 FYE) and FY2023 guidance. Management expects 2023 to be a year of moderation and is targeting approximately flat comp sales and a mid-single-digit percent decline in diluted EPS compared to the prior fiscal year. This guidance has not been well received [...]
On August 2, 2022 I added to my The Home Depot (HD) exposure with the purchase of shares @ $301.64. Following this recent purchase and the automatic reinvestment of dividends, there are currently 252 HD shares in a 'Side' account within the FFJ Portfolio. I last reviewed HD in my August 16, 2022 post in [...]
The Home Depot (HD) share price surge reduces its attractiveness. I suspect this surge is likely partially attributed to irrational exuberance! In my April 4, 2022 Home Depot (HD) post, I disclose the purchase of 200 shares @ ~$303.36 in a 'Side' account within the FFJ Portfolio. At that time, the most current financial information [...]
I last reviewed HD in this June 7, 2021 post at which time I concluded shares were too richly valued. HD's share price subsequently ballooned to ~$420 toward the end of 2021. It has, however, now retraced to ~$303. This share price pullback piqued my interest and based on my analysis, I am now an [...]
This Home Depot Dividend Achiever review looks at whether Home Depot (HD) is reasonably valued so as to initiate a position in the FFJ Portfolio. There has been an evolution in the term Dividend Achiever. We now have multiple Dividend Achiever Indexes. In a nutshell, however, a Dividend Achiever is a company with a history [...]
Summary This Home Depot Stock Analysis is based on Q3 results reported November 14, 2017 which includes increased diluted EPS guidance to $7.36 which is growth of approximately ~14% from fiscal 2016. It is one of a handful of companies with monster share buyback programs. A $15B share buyback program was authorized in early 2017. [...]