Daily Technical Summary Reports on Home Improvement Stores Stocks -- Floor & Decor, Home Depot, Lumber Liquidators, and Lowe's
NEW YORK, Nov. 6, 2017 /PRNewswire/ -- If you want a Stock Review on FND, HD, LL, or LOW then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today, DailyStockTracker.com revisits the Home Improvement Retail industry, which comprises building materials and supplies products including garden products, furniture, home furnishings, paints, and lumber, among others. Four Home Improvement Stores equities are under assessment this morning: Floor & Decor Holdings Inc. (NYSE: FND), The Home Depot Inc. (NYSE: HD), Lumber Liquidators Holdings Inc. (NYSE: LL), and Lowe's Cos. Inc. (NYSE: LOW). Register now and get full and free access to these DailyStockTracker.com research reports at: http://dailystocktracker.com/register/
Floor & Decor Holdings
Smyrna, Georgia-based Floor & Decor Holdings Inc.'s shares recorded a trading volume of 2.42 million shares last Friday, which was above their three months average volume of 342,930 shares. The stock finished the trading session 9.32% higher at $41.29. The Company's shares have gained 11.50% in the last one month, 17.97% over the previous three months, and 28.83% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.95% and 9.04%, respectively. Furthermore, shares of the Company, which operates as a multi-channel specialty retailer of hard surface flooring and related accessories, have a Relative Strength Index (RSI) of 65.12.
On November 02nd, 2017, Floor & Decor announced its financial results for thirteen and thirty-nine weeks ended September 28th, 2017. For Q3 2017, net sales were $343.9 million, operating income was $28.6 million, net income was $23.3 million, and adjusted EBITDA was $39.7 million. For the thirty-nine weeks ended September 28th, 2017, net sales were $995.3 million, operating income was $85.4 million, net income was $54.8 million, and adjusted EBITDA was $115.3 million.
On November 03rd, 2017, research firm Telsey Advisory Group upgraded the Company's stock rating from 'Market Perform' to 'Outperform' while revising its previous target price from $39 a share to $47 a share. Access our complete research report on FND for free at: http://dailystocktracker.com/registration/?symbol=FND
Home Depot
On Friday, Atlanta, Georgia-based The Home Depot Inc.'s stock ended the session 1.03% higher at $164.39. A total volume of 3.08 million shares was traded. The Company's shares have gained 7.20% over the previous three months and 22.61% on an YTD basis. The stock is trading 2.29% above its 50-day moving average and 7.95% above its 200-day moving average. Moreover, shares of Home Depot, which operates as a home improvement retailer, have an RSI of 51.52.
On October 31st, 2017, Home Depot announced that it will hold its Q3 2017 earnings conference call on November 14th, 2017, at 9:00 a.m. ET. A webcast will be available on the Company's website. The complimentary research report on HD can be downloaded at: http://dailystocktracker.com/registration/?symbol=HD
Lumber Liquidators Holdings
Toano, Virginia headquartered Lumber Liquidators Holdings' stock ended the day 1.19% higher at $30.71. A total volume of 1.43 million shares was traded, which was above their three months average volume of 1.24 million shares. The Company's shares have surged 95.11% on an YTD basis. The stock is trading 14.16% 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 27.02.
On October 31st, 2017, Lumber Liquidators announced financial results for Q3 ended September 30th, 2017. Net sales for Q3 was $257.2 million, gross profit was $92.7 million, and SG&A expenses were $110 million. Operating loss for the quarter was $17.3 million, and net loss was $18.9 million. At September 30th, 2017, the Company had approximately $115 million in immediate liquidity, comprised of cash and cash equivalents and availability under its revolving credit facility.
On November 01st, 2017, research firm Piper Jaffray reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $32 a share to $34 a share. Register for free on DailyStockTracker.com and get access to the latest report on LL at: http://dailystocktracker.com/registration/?symbol=LL
Lowe's
Shares in Mooresville, North Carolina headquartered Lowe's Cos. Inc. recorded a trading volume of 5.41 million shares. The stock ended Friday's session 1.66% higher at $77.92. The Company's shares have gained 9.56% since the start of this year. The stock is trading below its 50-day moving average by 1.19%. Furthermore, shares of Lowe's, which operates as a home improvement company in the US, Canada, and Mexico, have an RSI of 40.34.
On October 12th, 2017, Lowe's announced that it has named Whirlpool, Central Garden & Pet, and Chervon as the Company's 2017 Vendor Partners of the Year. The companies were selected for their longtime commitment to deliver innovation, value, and quality service to customers. Download your free research report on LOW at: http://dailystocktracker.com/registration/?symbol=LOW
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