Rahul Rana's Contributor Page
Company: Home Depot Inc (NYSE:HD)
Last Updated: February 23, 2020 (Prior to the fiscal 4Q2019 earnings release on February 25, 2020).
View: Bullish
Model description: I am bullish on Home Depot's future F4Q19E due to many key factors and projects. First, the latest Earnings Call transcript cited that HD has been focusing on long-term strategic initiatives that has been gaining momentum. Second, it was stated that "during the third quarter, big-ticket comp transactions, or those over $1,000, which represent approximately 20 percent of U.S. sales, were up 4.8 percent. Excluding hurricane-related markets, big-ticket comp transactions were up 5.5 percent." The steady growth only creates optimism...click here to continue reading
Last Updated: February 23, 2020 (Prior to the fiscal 4Q2019 earnings release on February 25, 2020).
View: Bullish
Model description: I am bullish on Home Depot's future F4Q19E due to many key factors and projects. First, the latest Earnings Call transcript cited that HD has been focusing on long-term strategic initiatives that has been gaining momentum. Second, it was stated that "during the third quarter, big-ticket comp transactions, or those over $1,000, which represent approximately 20 percent of U.S. sales, were up 4.8 percent. Excluding hurricane-related markets, big-ticket comp transactions were up 5.5 percent." The steady growth only creates optimism...click here to continue reading
| Home Depot Earnings Model (Rahul Rana).xlsx |
Rahul Rana is a Finance, Business Analytics, and Computer Science student at Rutgers Business School. Currently, he works at an EdTech startup called Knowt on the Business Operations team and is also a Tech Columnist for Rutgers' largest student-run newsletter, the LIBOR Financial. On-campus, he is involved in Little Investment Bankers of Rutgers, Road to Silicon Valley, and many other organizations.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.