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How Much Upside Potential Is Left in Home Depot’s Stock Price?

Ralph Nathan
Updated
How Much Upside Potential Is Left in Home Depot’s Stock Price?

As of September 14, Home Depot (HD) was trading at $209.07, a rise of 7.7% since the announcement of its second-quarter earnings on August 14. In the second quarter, Home Depot posted adjusted EPS of $3.05 on revenue of $30.46 billion, outperforming analysts’ consensus EPS expectation of $2.84 and their revenue estimate of $30.03 billion. After posting its second-quarter earnings results, Home Depot’s management raised its revenue, SSSG, and EPS guidances for 2018.

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