Daily Archives: June 26, 2017

Effects of the Housing Market Recovery on Home Depot Inc.

Recent retail earnings have undoubtedly proven that the market out there is tough. In fact, a sluggish economic recovery coupled with increased e-commerce competition has led to various mixed outcomes, especially for some of the top companies in brick and mortar retail. Nonetheless, the home-improvement retailers seem to be non-affected by the situation.

 

Since the 2008 economic crisis, the housing market has displayed a steady recovery. This recovery is well depicted by the continued recovery in home prices and growth in construction activity. According to the Wall Street Journal, the increased home prices can provide homeowners with the necessary equity to spend on appliances, cabinets and floors. The higher home prices and lower home inventories may cause most home sellers to spend more on home improvement in a bid to cash more money on their asking prices. Alternatively, potential home buyers may opt to remain at their current residence by renovating as opposed to house hunting.

 

Stakeholders are anxious to see if the economic backdrop will affect Home Depot Inc. when it announces its first-quarter results. During the first quarter, Home Depot is anticipated to report $1.61/share from $1.44 in Q1 2016. The management at Home Depot projects comparable store sales at 4.6% for the rest of the year. During the unveiling of the first quarter results, analysts are expected to focus on how the comp store sales rank up against the management’s estimations. Additionally, analysts are likely to look at the growth of the company’s professional business.

 

Home Depot’s Plans

 

During the previous quarter, Home Depot unveiled a new $15 billion share repurchase program. In fact, the company claimed that it would repurchase about $5 billion worth of assets in the first quarter. Also, the management unveiled the opening of just six stress during the fiscal 2017. This number is small compared to the numerous stores Home Depot currently operates. As a matter of fact, Home Depot had 2,278 retail stores across the US and some international markets. According to the results on the options side, traders have priced close to a 2.5% potential stock in either direction, which is around the Home Depot’s release of its earnings.

https://www.forbes.com/sites/jjkinahan/2017/05/15/will-home-depot-earnings-benefit-from-the-housing-sector-recovery/#a41778e16be7

 

CTRMA:INNOVATORS AMONG TRANSPORTATION

The Central Texas Regional Mobility Authority was established in 2002 with the goal of using modernized technology to find resolutions to the multi-mode transportation and infrastructure for central Texas. MoPac is an independent government agency that finds innovative solutions to the overcrowding of highway travel as well as other transit concerns that impact the economy and its citizens. They are credited with the creation of 183A and the 290 toll roads that have resulted in Travison and Williamson counties extensive rapid development. Using the most advanced scientific data and technology, MoPac is able to control traffic through variable tolling rates which anticipates supply and demand. Through fiber line road integration, communication between the vehicle and the road is possible and could solve numerous problems before they occur. MoPac joined forces with Metropia and Carma producing phone apps that display different routes and brings carpoolers together. With assistance from the Capital Area Metropolitan Planning Organization a Highway Crisis Response technician has been assigned to quickly help stranded vehicles preventing minor issues from becoming major traffic issues. Through their innovative solutions expressways are kept constantly moving even when other lanes are stalled.

 

Mike Heiligenstein has been the Executive Director of the Central Texas Mobility Authority since 2003 and has been integral to the agency’s effectiveness in Texas transportation. He is considered a nationally acclaimed pioneer among his constituents with regard to leadership and resolving complications within infrastructure and toll roads. He has successfully spearheaded many infrastructure programs for several communities.

 

Heiligenstein has a Bachelors and two impressive master’s degrees from the University of Texas. Mike was up for a challenge when assuming the director of Mobile authority because there was no useable available capital and many people staunchly disagreed with having toll roads. With his triumphant aptitude Mike has managed to accrue an ever- increasing income that is presumed to be worth $136.5 million in the year 2020. Mobile Authority is expected to have around four billion dollars in available revenue by the same year. Mike has had a distinguished career holding many affluent positions. His notable board and council services are listed below.

 

  • International Bridge
  • Envision Central Texas
  • Tunnel and Turnpike Association
  • The National Association of Counties Air and Water Quality Subcommittees
  • The Austin-San Antonio Corridor Council
  • Round Rock City Council member for 8 years
  • Commissioner of Williamson County for 15 years
  • Chairman of the Clean Air Force of Texas

 

Follow Mike Heiligenstein on twitter.