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Promising Home Improvement Stocks To Watch Now - November 5th

Home Depot logo with Consumer Discretionary background
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Key Points

  • Home Depot, Lowe’s, Masco, Medallion Financial, Jewett-Cameron Trading, and ToughBuilt Industries were highlighted as home-improvement stocks with notable recent dollar trading volume. Their businesses span retail, building products, home-improvement lending, and construction tools.
  • In Thursday trading, Home Depot, Lowe’s, Masco, Medallion Financial, and Jewett-Cameron shares fell, while ToughBuilt was unchanged. Home Depot traded at $350.08 and Lowe’s at $227.63.
  • The article notes that home-improvement stocks can be affected by housing activity, consumer spending, interest rates, and homeowners’ renovation plans.
  • Five stocks we like better than Home Depot.

Home Depot, Lowe's Companies, Masco, Medallion Financial, Jewett-Cameron Trading, and ToughBuilt Industries are the seven Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are shares of companies that sell products or services used to repair, renovate, or upgrade homes, such as hardware retailers, building-materials manufacturers, and contractors. For investors, their performance can be influenced by housing activity, consumer spending, interest rates, and homeowners’ renovation plans. These companies had the highest dollar trading volume of any Home Improvement stocks within the last several days.

Home Depot (HD)

The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

HD stock traded down $5.36 during midday trading on Thursday, reaching $350.08. 4,967,992 shares of the company's stock traded hands, compared to its average volume of 4,472,054. The company has a market cap of $349.28 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 2.37 and a beta of 0.93. The firm's fifty day moving average price is $308.82 and its 200-day moving average price is $334.39. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. Home Depot has a 52 week low of $277.15 and a 52 week high of $397.63.

Read Our Latest Research Report on HD

Lowe's Companies (LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

LOW traded down $1.75 during trading on Thursday, hitting $227.63. 2,595,186 shares of the company's stock were exchanged, compared to its average volume of 2,988,765. Lowe's Companies has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The stock has a market cap of $127.71 billion, a P/E ratio of 19.24, a PEG ratio of 1.79 and a beta of 0.81. The business's 50 day moving average is $196.48 and its two-hundred day moving average is $225.60.

Read Our Latest Research Report on LOW

Masco (MAS)

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.

Shares of NYSE MAS traded down $3.15 during mid-day trading on Thursday, reaching $83.67. 1,541,022 shares of the company's stock traded hands, compared to its average volume of 2,574,376. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.83 and a quick ratio of 1.20. The business has a 50-day simple moving average of $71.92 and a 200 day simple moving average of $71.09. The stock has a market cap of $16.13 billion, a P/E ratio of 18.11, a PEG ratio of 1.82 and a beta of 1.21. Masco has a 1-year low of $58.16 and a 1-year high of $87.86.

Read Our Latest Research Report on MAS

Medallion Financial (MFIN)

Medallion Financial Corp., together with its subsidiaries, operates as a specialty finance company in the United States. It operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Taxi Medallion Lending. The company offers loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; consumer financing for window, siding, and roof replacement, swimming pool installations, and other home improvement projects; senior and subordinated loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and taxi medallion loans to individuals and small to mid-size businesses.

Shares of MFIN traded down $0.29 on Thursday, reaching $10.08. The company's stock had a trading volume of 38,448 shares, compared to its average volume of 66,023. The company has a current ratio of 1.22, a quick ratio of 1.21 and a debt-to-equity ratio of 0.57. Medallion Financial has a twelve month low of $7.85 and a twelve month high of $12.26. The stock has a market capitalization of $231.44 million, a PE ratio of 9.08 and a beta of 0.80. The firm has a fifty day moving average of $11.63 and a 200-day moving average of $10.28.

Read Our Latest Research Report on MFIN

Jewett-Cameron Trading (JCTC)

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.

NASDAQ JCTC traded down $0.02 during trading hours on Thursday, hitting $2.85. The company's stock had a trading volume of 3,959 shares, compared to its average volume of 21,608. The company has a market capitalization of $10.03 million, a PE ratio of -1.21 and a beta of 0.46. Jewett-Cameron Trading has a 52 week low of $1.54 and a 52 week high of $3.32. The company's 50-day simple moving average is $2.90 and its two-hundred day simple moving average is $2.33.

Read Our Latest Research Report on JCTC

ToughBuilt Industries (TBLT)

ToughBuilt Industries, Inc. engages in design, development, manufacture, and distribution of home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads.

TBLT remained flat at $0.01 during midday trading on Thursday. The firm has a fifty day moving average of $0.01 and a 200 day moving average of $0.01. The company has a market cap of $15,840.00, a P/E ratio of -0.00 and a beta of -0.43. ToughBuilt Industries has a 52 week low of $0.00 and a 52 week high of $0.79.

Read Our Latest Research Report on TBLT

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