Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The Home Depot's Q4 2023 earnings highlighted both opportunities realized during the fiscal year and challenges faced, which contributed to a year of moderate performance.</li><li>Overall, the company witnessed a sales decline by 3% reaching $152.7 billion for the fiscal year 2023 while comp sales dropped by 3.2% and EPS stood at $15.11, revealing a reduction from the previous year's $16.69.</li><li>Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.</li></ul>

The Home Depot's Q4 2023 earnings highlighted both opportunities realized during the fiscal year and challenges faced, which contributed to a year of moderate performance.Overall, the company witnessed a sales decline by 3% reaching $152.7 billion for the fiscal year 2023 while comp sales dropped by 3.2% and EPS stood at $15.11, revealing a reduction from the previous year's $16.69.Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

The Home Depot Inc.: Strategic Investment in Pro Ecosystem & Interconnected Experience & Other Developments - Major Drivers

<ul><li>Home Depot, Inc. managed to exceed analyst expectations in terms of revenue as well as earnings.</li><li>The performance in the third quarter aligned with Home Depot's expectations, mirroring trends observed in the second quarter.</li><li>In terms of strategic initiatives, Home Depot emphasized its commitment to enhancing the interconnected shopping experience, particularly for Pro customers.</li></ul>

Home Depot, Inc. managed to exceed analyst expectations in terms of revenue as well as earnings.The performance in the third quarter aligned with Home Depot's expectations, mirroring trends observed in the second quarter.In terms of strategic initiatives, Home Depot emphasized its commitment to enhancing the interconnected shopping experience, particularly for Pro customers.

The Home Depot Inc.: Can The Acquisition Of Construction Resources Further Expand Their Market Share? - Major Drivers

Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

<div><div><div><div><ul><li>The Home Depot, Inc. operates as a home improvement retailer.</li><li>It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products.</li><li>It also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. </li></ul></div></div></div></div>

The Home Depot, Inc. operates as a home improvement retailer.It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products.It also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. 

Technical Analysis on HOME DEPOT INC. | August 25, 2023

<ul><li>The Home Depot delivered a solid result and managed an all-around beat in the last quarter, with sales of $42.9 billion.</li><li>Comp sales for the entire firm, as well as for the company's US locations, fell in the quarter.</li><li>The second quarter's pro sales performance was slightly worse than the DIY customer's performance.</li></ul>

The Home Depot delivered a solid result and managed an all-around beat in the last quarter, with sales of $42.9 billion.Comp sales for the entire firm, as well as for the company's US locations, fell in the quarter.The second quarter's pro sales performance was slightly worse than the DIY customer's performance.

The Home Depot: Can The Acquisition Of Temco Logistics Be A Game Changer? - Major Drivers

<ul><li>Home Depot delivered a disappointing set of results as the company was unable to meet the revenue expectations as well as earnings expectations of Wall Street.</li><li>However, despite these challenges, Home Depot observed strength in key spring-related categories, such as live goods and other garden-related products, where the weather was more favorable.</li><li>Despite the challenges, Home Depot's dedicated team prioritizes associates and customers, delivering value and service throughout the quarter.</li></ul>

Home Depot delivered a disappointing set of results as the company was unable to meet the revenue expectations as well as earnings expectations of Wall Street.However, despite these challenges, Home Depot observed strength in key spring-related categories, such as live goods and other garden-related products, where the weather was more favorable.Despite the challenges, Home Depot's dedicated team prioritizes associates and customers, delivering value and service throughout the quarter.

The Home Depot Inc.: Can It Bounce Back From This Dull Phase? – Key Drivers

United States

The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company sells a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.

Home Depot Inc (HD US)

The Home Depot Inc.: Strategic Investment in Pro Ecosystem & Interconnected Experience & Other Developments - Major Drivers

The Home Depot's Q4 2023 earnings highlighted both opportunities realized during the fiscal year and challenges faced, which contributed to a year...

Baptista Research

Technical Analysis on HOME DEPOT INC. | August 25, 2023

The Home Depot, Inc. operates as a home improvement retailer. It sells various building materials, home improvement products, lawn and garden products

VRS (Valuation & Research Specialists)

The Home Depot: Can The Acquisition Of Temco Logistics Be A Game Changer? - Major Drivers

The Home Depot delivered a solid result and managed an all-around beat in the last quarter, with sales of $42.9 billion. Comp sales for the entire...

Baptista Research

The Home Depot Inc.: Can It Bounce Back From This Dull Phase? – Key Drivers

Home Depot delivered a disappointing set of results as the company was unable to meet the revenue expectations as well as earnings expectations of...

Baptista Research

The Home Depot Inc.: Strategic Investment in Pro Ecosystem & Interconnected Experience & Other Developments - Major Drivers

The Home Depot's Q4 2023 earnings highlighted both opportunities realized during the fiscal year and challenges faced, which contributed to a year...

Baptista Research

The Home Depot Inc.: Can The Acquisition Of Construction Resources Further Expand Their Market Share? - Major Drivers

Home Depot, Inc. managed to exceed analyst expectations in terms of revenue as well as earnings. The performance in the third quarter aligned with...

Baptista Research

Technical Analysis on HOME DEPOT INC. | August 25, 2023

The Home Depot, Inc. operates as a home improvement retailer. It sells various building materials, home improvement products, lawn and garden products

VRS (Valuation & Research Specialists)

The Home Depot: Can The Acquisition Of Temco Logistics Be A Game Changer? - Major Drivers

The Home Depot delivered a solid result and managed an all-around beat in the last quarter, with sales of $42.9 billion. Comp sales for the entire...

Baptista Research

The Home Depot Inc.: Can It Bounce Back From This Dull Phase? – Key Drivers

Home Depot delivered a disappointing set of results as the company was unable to meet the revenue expectations as well as earnings expectations of...

Baptista Research