財報前瞻 | 美國房地產市場降溫 家得寶(HD.US)、勞氏(LOW.US)業績前景黯淡
智通財經APP獲悉,家得寶(HD.US)和勞氏(LOW.US)將於週二、週三公佈財務業績。由於美國房地產市場的降溫和通脹的快速上升,這兩家公司可能會預警2022年營收將放緩。
隨着美國許多地區對疫情的擔憂有所緩解,人們開始恢復正常生活,這削弱了在疫情期間飆升的家裝產品需求。此外,抵押貸款利率上升預計將抑制住房需求。
Wedbush Securities分析師Seth Basham表示:“我們預計,2022年全年的需求將會放緩,到今年下半年,需求可能最多與上年同期持平,這主要是受房地產市場放緩和消費者信心減弱的影響。”
得益於疫情驅動的工具、油漆和園藝設備,來自居家的美國人的需求,這兩家公司經歷了兩年的強勁銷售增長,但隨後這兩家公司將預計今年全年銷售增長將接近疫情前的水平。
不過,Basham預計,由於草坪割草機、燒烤架和其他家用電器等大件產品的需求,春季(家裝連鎖店的關鍵銷售季節)的銷售將保持強勁。
市場預計這兩家公司成本大幅上漲和供應鏈持續受阻對利潤率的影響,也將是投資者最關心的問題。

分析師預計家得寶2021年第四季度銷售額將增長8.1%,至348.7億美元,分析師預計家得寶每股收益爲3.18美元。分析師預計勞氏第四季度銷售額預計將增長2.8%,至208.9億美元;分析師預計勞氏每股收益爲1.71美元。
分析師還預計,家得寶2022財年淨銷售額將增長2.5%,而勞氏2022財年淨銷售額預計將增長1.3%。
此外,目前,華爾街分析師目前對家得寶的平均評級爲“買入”,目標價中值爲425美元。華爾街分析師對勞氏的平均評級爲“買入”,目標價中值爲285美元。
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