Home Depot, Inc (NYSE: HD) has a higher price-to-earnings ratio of 27.90x compared to its average ratio, The 36-month beta value for HD is at 1.04. Analysts have varying views on the stock, with 21 analysts rating it as a “buy,” 5 rating it as “overweight,” 12 as “hold,” and 2 as “sell.”
The public float for HD is 992.76M, and currently, shorts hold a 1.06% of that float. The average trading volume for HD on December 17, 2024 was 3.33M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
HD) stock’s latest price update
The stock of Home Depot, Inc (NYSE: HD) has decreased by -1.50 when compared to last closing price of 416.98. Despite this, the company has experienced a -4.30% fall in its stock price over the last five trading sessions. fool.com reported 2024-12-16 that Home Depot (HD 0.62%) and Lowe’s (LOW -0.42%) are the two largest home improvement retailers in America. Both of their stocks slumped in 2022 and 2023 as inflation curbed consumer discretionary spending and rising interest rates chilled the housing market, but they both have rallied by about 20% so far this year as the macro environment has stabilized.
HD’s Market Performance
Home Depot, Inc (HD) has seen a -4.30% fall in stock performance for the week, with a 1.23% gain in the past month and a 7.17% surge in the past quarter. The volatility ratio for the week is 1.63%, and the volatility levels for the past 30 days are at 1.75% for HD. The simple moving average for the last 20 days is -2.44% for HD stock, with a simple moving average of 10.62% for the last 200 days.
Analysts’ Opinion of HD
Many brokerage firms have already submitted their reports for HD stocks, with Telsey Advisory Group repeating the rating for HD by listing it as a “Outperform.” The predicted price for HD in the upcoming period, according to Telsey Advisory Group is $455 based on the research report published on November 08, 2024 of the current year 2024.
Bernstein, on the other hand, stated in their research note that they expect to see HD reach a price target of $451. The rating they have provided for HD stocks is “Mkt Perform” according to the report published on October 22nd, 2024.
Loop Capital gave a rating of “Buy” to HD, setting the target price at $460 in the report published on October 09th of the current year.
HD Trading at -0.17% from the 50-Day Moving Average
After a stumble in the market that brought HD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.52% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares surge +0.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.58% upper at present.
During the last 5 trading sessions, HD fell by -4.30%, which changed the moving average for the period of 200-days by +6.83% in comparison to the 20-day moving average, which settled at $420.98. In addition, Home Depot, Inc saw 18.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HD starting from Bastek William D, who sale 2,969 shares at the price of $416.61 back on Nov 22 ’24. After this action, Bastek William D now owns 21,514 shares of Home Depot, Inc, valued at $1,236,915 using the latest closing price.
Bastek William D, the Officer of Home Depot, Inc, proposed sale 2,969 shares at $416.61 during a trade that took place back on Nov 22 ’24, which means that Bastek William D is holding shares at $1,236,910 based on the most recent closing price.
Stock Fundamentals for HD
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.33 for the gross margin
The net margin for Home Depot, Inc stands at 0.09. The total capital return value is set at 0.31. Equity return is now at value 404.93, with 16.91 for asset returns.
Based on Home Depot, Inc (HD), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 9.65. The interest coverage ratio of the stock is 9.64.
Currently, EBITDA for the company is 24.94 billion with net debt to EBITDA at 2.52. When we switch over and look at the enterprise to sales, we see a ratio of 3.04. The receivables turnover for the company is 26.74for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
Conclusion
In conclusion, Home Depot, Inc (HD) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
