Stock Update: The Home Depot Inc (NYSE:HD) – The Home Depot Canada Donates $100,000 To Help Those Affected By Alberta Wildfires

[PR Newswire] – TORONTO, May 5, 2016 /CNW/ – The Home Depot® Canada is donating $100,000 to the Canadian Red Cross to help those affected by the wildfires in Northern Alberta. Homes and entire communities have been destroyed,” said Conrad Sauve, president and CEO of the Canadian Red Cross. Read more on this. The Home Depot, Inc. (HD) , valued at $168.54B, opened this morning at $134.87. During the trading session, HD traded between $133.75 to $135.37 with the price of the stock fluctuating between $92.17 to $137.00 over the last 52 weeks. HD shares are currently priced at 21.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.47x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $2.76 per share annually in dividends, yielding 2.05%. In a review of the consensus earnings estimate this quarter, 24 sell-side analysts are looking at $1.34 per share, which would be $0.18 better than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $6.21, which would be a $0.81 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $22.22 Billion. If realized, that would be a 6.37% increase over the year-ago quarter. More recently, Barclays Initiated HD at Overweight (Mar 31, 2016). Previously, Deutsche Bank upgraded HD from Hold to Buy. The average price target for HD shares by the analysts covering the stock is $144.41, which is 7.07% above where the stock opened this morning. See more in (NYSE:HD) Similar Articles: Stock Update: The Home Depot Inc (NYSE:HD) – The Home Depot Receives 2016 ENERGY STAR® Sustained Excellence Award Stock Update (NYSE:HD): The Home Depot to Present at Raymond James 37th Annual Institutional Investors Conference Market Update (NYSE:HD): The Home Depot Canada Hiring Nearly 6000 Associates For Spring