Home Depot Weakness Could Rock These ETFs
Tweet
Share
E-mailGet Alerts HD Hot Sheet
Price: $331.45 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +4.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +4.4%
Join SI Premium – FREE
Retail, consumer discretionary, and homebuilder ETFs are expected to be on the move today after Home Depot (NYSE: HD) reported revenues that were below consensus ($17.8B vs. $17.93B) and EPS guidance, that while raised, was below the Street. The stock is down 4.5 percent in early trading on Tuesday.
The following ETFs have large holdings of Home Depot.: (NYSE: RTH) - 7.2% weighting, (NYSE: XLY) - 5.6% weighting, (NYSE: XHB) - 3.64% weighting.
Regarding revenues at Home Depot, Oppenheimer analyst commented that "Soft comps reflect elevated expectations, not fundamental weakness."
The following ETFs have large holdings of Home Depot.: (NYSE: RTH) - 7.2% weighting, (NYSE: XLY) - 5.6% weighting, (NYSE: XHB) - 3.64% weighting.
Regarding revenues at Home Depot, Oppenheimer analyst commented that "Soft comps reflect elevated expectations, not fundamental weakness."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Crude Inventory Rose 2 Million Barrels Last Week - EIA
- Guggenheim Reiterates Buy Rating on Home Depot (HD)
- Auxly Announces 14:1 Share Consolidation
Create E-mail Alert Related Categories
ETFsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
