NEW YORK, December 22, 2016 /PRNewswire/ --
Stock-Callers.com revisits the Home Improvement Stores segment and has issued research reports on the following equities: Lowe's Cos. Inc. (NYSE: LOW), The Home Depot Inc. (NYSE: HD), Lumber Liquidators Holdings Inc. (NYSE: LL), and Tile Shop Holdings Inc. (NASDAQ: TTS). As per Moody's 2017 outlook, operating income growth for the industry is expected to exceed 5%, and stores, such as Home Depot and Lowe's, will benefit from the continuing robust recovery of the housing market in the year ahead. Sign up today and download for free the research reports for the stocks covered today at:
Mooresville, North Carolina-based Lowe's Cos. Inc.'s stock finished Wednesday's session 0.11% lower at $74.19 with a total trading volume of 2.94 million shares. Over the last month and the previous three months, the Company's shares have advanced 6.89% and 3.43%, respectively. The stock is trading above its 50-day moving average by 5.42%. Moreover, shares of Lowe's, which offers products for home maintenance, repair, remodeling, and decorating, have a Relative Strength Index (RSI) of 57.69.
On December 19th, 2016, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On December 7th, 2016, Lowe's in its meeting with analysts and investors in Mooresville, North Carolina discussed its strategic priorities and long-term financial targets FY16. For FY16, Lowe's total sales are expected to increase 9% to 10%. Comparable sales are expected to increase 3% to 4%. The Company expects to add approximately 40 home improvement and hardware stores. Diluted earnings per share of approximately $3.52 are expected for the fiscal year ending February 03rd, 2017. LOW complete research report is just a click away at:
Shares in Atlanta, Georgia-based The Home Depot Inc. declined 0.20%, ending yesterday's session at $136.83 with a total trading volume of 2.70 million shares. The stock has gained 7.28% in the past month, 6.84% in the previous three months, and 5.67% on an YTD basis. The Company's shares are trading 7.21% above their 50-day moving average and 5.25% above their 200-day moving average. Moreover, shares of Home Depot, which operates as a home improvement retailer, have an RSI of 67.55.
On November 15th, 2016, Home Depot reported sales of $23.2 billion for Q3 2016, a 6.1% increase from Q3 2015. Comparable store sales for Q3 2016 were up by 5.5%, and comp sales for US stores were up by 5.9%. The complimentary report on HD can be downloaded at:
On Wednesday, Toano, Virginia headquartered Lumber Liquidators Holdings Inc.'s stock rose 0.59%, to close the day at $17.03. A total volume of 817,442 shares was traded. The Company's shares have advanced 0.06% in the last month. The stock is trading 9.32% above its 200-day moving average. Additionally, shares of Lumber Liquidators, which together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories, have an RSI of 44.20.
On November 7th, 2016, Lumber Liquidators announced the resignation of John M. Presley as CEO effective November 09th, 2016 and that the board of directors had appointed Dennis R. Knowles, the Company's COO, to succeed Mr. Presley as CEO. Mr. Presley also resigned from the board of directors effective December 15th, 2016 and Mr. Knowles has been elected to the board, effective on the same date, as a director in the class of directors whose current terms expire in 2017. Sign up for your complimentary report on LL at:
Shares in Plymouth, Minnesota headquartered Tile Shop Holdings Inc. the day 1.19% lower at $20.70. A total volume of 175,211 shares was traded. The stock has gained 5.08% in the last one month, 31.26% in the previous three months, and 26.22% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 10.99% and 18.47%, respectively. Furthermore, shares of Tile Shop Holdings, which operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the US, have an RSI of 60.31.
On November 16th, 2016, Tile Shop announced the opening of a new Twin Cities retail showroom in Eagan located at 1460 Central Park Commons Drive in the Central Park Commons shopping area. With the opening of the Eagan location, The Tile Shop now has seven retail showrooms in the Twin Cities, showcasing inspirational styled living spaces defined by a diverse collection of more than 4,000 ceramic, porcelain, glass and natural stone tile products in unlimited color palettes and textures. The 12,575 square-foot retail showroom in Eagan features on-site design and education centers available to all customers. Download the research report for free on TTS at:
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