Promising Home Improvement Stocks To Add to Your Watchlist - June 2nd

Walmart, Home Depot, and Lowe's Companies are the three Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are shares of publicly traded companies that manufacture, distribute or retail products and services used for renovating, repairing, and maintaining residential properties. These firms range from home-center retailers and tool manufacturers to appliance makers and building‐materials suppliers. Investors often view home improvement stocks as a way to gain exposure to housing market strength, DIY trends, and seasonal spending on home projects. These companies had the highest dollar trading volume of any Home Improvement stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Walmart stock traded up $0.82 during midday trading on Monday, reaching $99.54. The company's stock had a trading volume of 10,568,560 shares, compared to its average volume of 17,862,097. The business has a 50-day simple moving average of $93.46 and a 200-day simple moving average of $93.47. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart has a fifty-two week low of $65.16 and a fifty-two week high of $105.30. The company has a market cap of $796.37 billion, a P/E ratio of 41.24, a P/E/G ratio of 4.42 and a beta of 0.70.

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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 $0.82 on Monday, reaching $367.47. 1,620,587 shares of the company's stock were exchanged, compared to its average volume of 3,417,971. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The firm has a market cap of $365.61 billion, a PE ratio of 24.96, a P/E/G ratio of 4.03 and a beta of 1.05. Home Depot has a twelve month low of $323.93 and a twelve month high of $439.37. The stock has a fifty day moving average of $360.92 and a 200-day moving average of $385.73.

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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.

Shares of LOW traded down $0.55 during trading hours on Monday, reaching $225.18. 2,525,896 shares of the company traded hands, compared to its average volume of 2,513,505. The stock has a fifty day simple moving average of $224.20 and a 200 day simple moving average of $242.76. Lowe's Companies has a fifty-two week low of $206.39 and a fifty-two week high of $287.01. The stock has a market capitalization of $126.03 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00.

Read Our Latest Research Report on LOW