In today’s recent session, 1.21 million shares of the Home Depot, Inc (NYSE:HD) have been traded, and its beta is 1.02. Most recently the company’s share price was $349.44, and it changed around $0.66 or 0.19% from the last close, which brings the market valuation of the company to $347.67B. HD at last check was trading at a discount to its 52-week high of $439.37, offering almost -25.74% off that amount. The share price’s 52-week low was $326.31, which indicates that the recent value has risen by an impressive 6.62% since then. We note from Home Depot, Inc’s average daily trading volume that its 10-day average is 3.07 million shares, with the 3-month average coming to 3.53 million.
Home Depot, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.78. If we narrow it down even further, the data shows that 0 out of 39 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 12 recommended HD as a Hold, whereas 21 deemed it a Buy, and 1 rated it as Underweight. Home Depot, Inc is expected to report earnings per share of 4.7 for the current quarter.
Home Depot, Inc (NYSE:HD) trade information
Instantly HD has been showing a green trend so far today with a performance of 0.19% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 365.07 on recent trading dayincreased the stock’s daily price by 4.28%. The company’s shares are currently down -10.17% year-to-date, but still down -3.06% over the last five days. On the other hand, Home Depot, Inc (NYSE:HD) is -7.89% down in the 30-day period. We can see from the shorts that 8.29 million shares have been sold at a short interest cover period of 2.54 day(s).
The consensus price target as assigned by Wall Street analysts is $409, which translates to bulls needing to increase their stock price by 14.56% from its current value. Analyst projections state that HD is forecast to be at a low of $398 and a high of $428.
Home Depot, Inc (HD) estimates and forecasts
The year-over-year growth rate is expected to be 3.08%, up from the previous year.
Consensus estimates provided by 29 financial analysts predict the company will bring in an average of 45.43B in revenue for the current quarter. 27 analysts expect Home Depot, Inc to make 41.04B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 43.17B and 40.22B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.23%. Forecasts for the next quarter put sales growth at 2.05%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.79%. Home Depot, Inc earnings are expected to increase by -1.63% in 2025, but the outlook is positive 5.13% per year for the next five years.
HD Dividends
Home Depot, Inc’s next quarterly earnings report is expected to be released on 2025-May-20. The annual dividend yield of the stock is 2.60 percent and its annual dividend per share was 9.10. It is important to note, however, that the 2.60% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.29 per year.
Home Depot, Inc (NYSE:HD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.07% of Home Depot, Inc shares, and 72.75% of them are in the hands of institutional investors. The stock currently has a share float of 72.80%. Home Depot, Inc stock is held by 4898.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.5097% of the shares, which is about 94.15 million shares worth $32.41 billion.
BLACKROCK INC., with 7.1865% or 71.15 million shares worth $24.49 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
