Home Depot, Inc (NYSE:HD)’s traded shares stood at 1.23 million during the latest session, with the company’s beta value hitting 1.06. At the last check today, the stock’s price was $361.13, to imply an increase of 0.18% or $0.64 in intraday trading. The HD share’s 52-week high remains $439.37, putting it -21.67% down since that peak but still an impressive 10.35% since price per share fell to its 52-week low of $323.77. The company has a valuation of $358.94B, with an average of 3.05 million shares in intraday trading volume over the past 10 days and average of 3.79 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Home Depot, Inc (HD), translating to a mean rating of 1.80. Of 17 analyst(s) looking at the stock, 0 analyst(s) give HD a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 14 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 3.6.
Home Depot, Inc (NYSE:HD) trade information
After registering a 0.18% upside in the latest session, Home Depot, Inc (HD) has traded red over the past five days. The 5-day price performance for the stock is 0.42%, and -1.20% over 30 days. With these gigs, the year-to-date price performance is -7.16%. Short interest in Home Depot, Inc (NYSE:HD) saw shorts transact 10.12 million shares and set a 2.36 days time to cover.
The extremes give us $418 and $465 for target low and target high price respectively. As such, HD has been trading -28.76% off suggested target high and -15.75% from its likely low.
Home Depot, Inc (HD) estimates and forecasts
The rating firms project that company’s revenue will grow 2.74% compared to the previous financial year.
Revenue forecast for the current quarter as set by 31 analysts is 39.24B. Meanwhile, for the current quarter, a total of 30 analyst(s) estimate revenue growth to 45.25B.Earnings reports from the last fiscal year show that sales brought in 36.42B and 43.17B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.75% before jumping 4.82% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 7.79% for the past 5-year period. While 2025 is set for a -0.91% return in earnings, projections for the next 5 years are at 5.57% annually.
HD Dividends
Home Depot, Inc has its next earnings report out on 2025-Feb-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Home Depot, Inc has a forward dividend ratio of 9.05, with the share yield ticking at 2.51% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.29%.
Home Depot, Inc (NYSE:HD)’s Major holders
Home Depot, Inc insiders hold 0.07% of total outstanding shares, with institutional holders owning 74.56% of the shares at 74.61% float percentage. In total, 74.56% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 94.15 million shares (or 9.5097% of shares), all amounting to roughly $32.41 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 71.15 million shares, or about 7.1865% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $24.49 billion.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Home Depot, Inc (HD) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 31.12 shares. This is just over 3.13% of the total shares, with a market valuation of $11.29 billion. Data from the same date shows that the other fund manager holds a little less at 26.89, or 2.70% of the shares, all valued at about 9.75 billion.
