Home Depot (HD) is scheduled to report its 2Q’15 results tomorrow, Aug. 18, before the open. Wall Street analysts are on average expecting the home improvement retailer to post $24.70 billion in sales during the three-month period. This would show an 18.8% increase from the 1Q’15 revenue of $20.9 billion and an increase of 3.8% from the same period in FY14. EPS are expected to come in at $1.69, a growth rate of 11.18% from $1.52 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $1.70 per share.
Fundamentally, HD shows the following financial data:
- $2.83 billion in cash in most recent quarter
- $39.95 billion t-12 total assets
- $9.32 billion total equity
- $84.38 billion t-12 revenue
- $6.35 billion annual net income
- $6.8 billion free cash flow
On valuation measures, Home Depot Inc. shares have a T-12 price/sales ratio of 1.84 and a price/book for the same period of 16.90. EPS is $4.93. The name has a market cap of $155.01 billion and a median Wall Street price target of $125 with a high target of $135. Currently, there are 15 analysts that rate HD a ‘Buy’ vs. 12 rating it a ‘Hold’. No analyst rates it a ‘Sell’.
In terms of share statistics, Home Depot Inc. has a total of 1.30 billion shares outstanding with 0.14% held by insiders and 73.60% held by institutions. The stock’s short interest currently stands at 0.77%, bringing the total number of shares sold short to 10.05 million.
Offering a dividend yield of 1.98%, shares of Atlanta, Georgia-based company are up 45.72% year-over-year and 15.28% year-to-date.