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Home Depot (HD)
NYSE:HD
Home Depot (HD) Stock Price & Analysis
14,279 Followers
HD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$269.93 - $396.87
Previous Close$334.83
Volume2.53M
Average Volume (3M)3.39M
Market Cap
$333.05B
Enterprise Value$383.38B
Total Cash (Recent Filing)$3.76B
Total Debt (Recent Filing)$52.24B
Price to Earnings (P/E)22.4
Beta1.04
Next Earnings
May 14, 2024EPS Estimate
$3.6Last Dividend Ex-Date
Mar 06, 2024Dividend Yield2.52%
Share Statistics
EPS (TTM)15.10
Shares Outstanding991,015,773
10 Day Avg. Volume4,087,636
30 Day Avg. Volume3,389,438
Standard Deviation0.07
R-Squared0.53
Alpha0.00459
Financial Highlights & Ratios
Price to Book (P/B)-45.19
Price to Sales (P/S)9.54
Price to Cash Flow (P/CF)17.70
P/FCF Ratio3.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.51
Enterprise Value/Gross Profit7.52
Enterprise Value/Ebitda-65.33
Forecast
1Y Price Target
$385.71Price Target Upside15.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
Home Depot News
Bulls Say, Bears Say
Bulls Say
Acquisition BenefitsHome Depot's acquisition of SRS Distribution is set to enhance the company's entry into the $200B complex pro marketplace, indicating a strategic expansion and potential for increased market share.
Financial SynergyThe acquisition of SRS is expected to be accretive to Home Depot's cash EPS, signalling potential value creation and growth for shareholders.
Market ExpansionWith SRS's strong performance and management's expertise retained post-acquisition, Home Depot is poised to capture more of the specialty trade market, bolstering sales and profit growth.
Bears Say
Earnings OutlookThe '24 guide is shy of buyside expectations with year-over-year EPS slightly negative.
Financial StrategyTo finance the acquisition, the company will take on new debt and suspend share repurchases until debt levels are reduced, which may impact short-term returns.
Market ExpectationsManagement expects the home improvement market to trend downward in the coming year due to macroeconomic pressures and a potentially slower consumer spending environment.
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Ownership Overview
4.32% Insiders
21.66% Mutual Funds
21.07% Other Institutional Investors
52.96% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Home Depot
Desktop Users
Mobile Users
HD FAQ
What was Home Depot’s price range in the past 12 months?
Home Depot lowest stock price was $269.93 and its highest was $396.87 in the past 12 months.
What is Home Depot’s market cap?
Currently, no data Available
When is Home Depot’s upcoming earnings report date?
Home Depot’s upcoming earnings report date is May 14, 2024 which is in 26 days.
How were Home Depot’s earnings last quarter?
Home Depot released its earnings results on Feb 20, 2024. The company reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.768 by $0.052.
Is Home Depot overvalued?
According to Wall Street analysts Home Depot’s price is currently Undervalued.
Does Home Depot pay dividends?
Home Depot pays a Quarterly dividend of $2.25 which represents an annual dividend yield of 2.52%. See more information on Home Depot dividends here
What is Home Depot’s EPS estimate?
Home Depot’s EPS estimate is $3.6.
How many shares outstanding does Home Depot have?
Home Depot has 991,015,750 shares outstanding.
What happened to Home Depot’s price movement after its last earnings report?
Home Depot reported an EPS of $2.82 in its last earnings report, beating expectations of $2.768. Following the earnings report the stock price went up 0.058%.
Which hedge fund is a major shareholder of Home Depot?
Among the largest hedge funds holding Home Depot’s share is Fisher Asset Management LLC. It holds Home Depot’s shares valued at 3B.
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Home Depot Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$385.71 (15.83% Upside)
$385.71 (15.83% Upside)
Blogger Sentiment
Bullish
HD Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 6.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 3.0%
Last 30 Days ▼ 3.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.63%
12-Months-Change
Fundamentals
Return on Equity
1162.16%
Trailing 12-Months
Asset Growth
0.11%
Trailing 12-Months
Company Description
Home Depot
Home Depot, Inc. is a home improvement retailer, which sells building materials, home decor, flooring, appliances, lawn and garden products, tools and other merchandise. It also offers installation services as well as tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.
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HD Earnings Call
Q4 2024
0:00 / 0:00
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HD Net sales Breakdown
37.36% Building Materials
32.94% Décor
29.69% Hardlines
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HD Stock 12 Months Forecast
Average Price Target
$385.71
▲(15.83% Upside)
Technical Analysis
Best Analysts Covering HD
1 Year
1 Year Success Rate
34/42 ratings generated profit
1 Year Average Return
+13.90%
reiterated a buy rating 21 days ago
Copying Peter Benedict's trades and holding each position for 1 Year would result in 80.95% of your transactions generating a profit, with an average return of +13.90% per trade.
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