Home Depot Stock Analysis

HD Stock  USD 336.11  0.75  0.22%   
Home Depot is fairly valued with Real Value of 335.75 and Target Price of 321.54. The main objective of Home Depot stock analysis is to determine its intrinsic value, which is an estimate of what Home Depot is worth, separate from its market price. There are two main types of Home Depot's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Home Depot's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Home Depot's stock to identify patterns and trends that may indicate its future price movements.
The Home Depot stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Home Depot is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Home Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Home Depot's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

Home Stock Analysis Notes

About 73.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.91. Home Depot recorded earning per share (EPS) of 15.12. The entity last dividend was issued on the 6th of March 2024. The firm had 3:2 split on the 31st of December 1999. The Home Depot, Inc. operates as a home improvement retailer. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia. Home Depot operates under Home Improvement Retail classification in the United States and is traded on New York Stock Exchange. It employs 500000 people. To learn more about Home Depot call Edward Decker at 770 433 8211 or check out https://www.homedepot.com.

Home Depot Quarterly Total Revenue

34.79 Billion

Home Depot Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Home Depot's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Home Depot or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Home Depot generated a negative expected return over the last 90 days
Home Depot has a poor financial position based on the latest SEC disclosures
About 73.0% of the company shares are owned by institutional investors
On 21st of March 2024 Home Depot paid $ 2.25 per share dividend to its current shareholders
Latest headline from benzinga.com: Heres How Much 1000 Invested In Home Depot 15 Years Ago Would Be Worth Today

Home Depot Upcoming and Recent Events

Earnings reports are used by Home Depot to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Home Depot previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
20th of February 2024
Upcoming Quarterly Report
View
21st of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

Home Largest EPS Surprises

Earnings surprises can significantly impact Home Depot's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1999-02-23
1999-01-310.170.190.0211 
2003-02-25
2003-01-310.270.30.0311 
1999-05-18
1999-04-300.190.220.0315 
View All Earnings Estimates

Home Depot Thematic Classifications

In addition to having Home Depot stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Millennials Best Idea
Millennials Best
Firms that are involved in making products or providing services to millennials
Macroaxis Index Idea
Macroaxis Index
Macroaxis power theme of selected equities with solid fundamentals
Impulse Idea
Impulse
Macroaxis evolving impulse stocks
Retail Idea
Retail
USA Equities from Retail industry as classified by Fama & French

Home Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Home Depot is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Home Depot backward and forwards among themselves. Home Depot's institutional investor refers to the entity that pools money to purchase Home Depot's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2023-12-31
11.8 M
Wellington Management Company Llp2023-12-31
10.3 M
Royal Bank Of Canada2023-12-31
9.8 M
Bank Of New York Mellon Corp2023-12-31
9.2 M
Jpmorgan Chase & Co2023-12-31
8.8 M
Fisher Asset Management, Llc2023-12-31
8.8 M
Legal & General Group Plc2023-12-31
8.5 M
Fmr Inc2023-12-31
8.2 M
T. Rowe Price Associates, Inc.2023-12-31
6.5 M
Vanguard Group Inc2023-12-31
94.5 M
Blackrock Inc2023-12-31
71.1 M
Note, although Home Depot's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Home Market Capitalization

The company currently falls under 'Mega-Cap' category with a market capitalization of 332.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Home Depot's market, we take the total number of its shares issued and multiply it by Home Depot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Home Profitablity

Home Depot's profitability indicators refer to fundamental financial ratios that showcase Home Depot's ability to generate income relative to its revenue or operating costs. If, let's say, Home Depot is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Home Depot's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Home Depot's profitability requires more research than a typical breakdown of Home Depot's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 0.1 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.12 %, which signifies that for every $100 of sales, it has a net operating income of $0.12.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.23  0.20 
Return On Capital Employed 0.40  0.39 
Return On Assets 0.20  0.18 
Return On Equity 14.50  3.90 

Management Efficiency

Home Depot has Return on Asset (ROA) of 0.1772 % which means that for every $100 of assets, it generated a profit of $0.1772. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1162 %, which means that it produced $0.1162 on every 100 dollars invested by current stockholders. Home Depot's management efficiency ratios could be used to measure how well Home Depot manages its routine affairs as well as how well it operates its assets and liabilities. As of April 22, 2024, Return On Tangible Assets is expected to decline to 0.20. In addition to that, Return On Capital Employed is expected to decline to 0.39. At present, Home Depot's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.8 B, whereas Net Tangible Assets are projected to grow to (5 B).
Last ReportedProjected for Next Year
Book Value Per Share 1.05  3.07 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(11.03)(6.93)
Enterprise Value Over EBITDA 16.19  15.62 
Price Book Value Ratio 340.37  87.92 
Enterprise Value Multiple 16.19  15.62 
Price Fair Value 340.37  87.92 
Enterprise Value79.8 B83.8 B
The analysis of Home Depot's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Home Depot's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Home Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0268
Forward Dividend Yield
0.0268
Forward Dividend Rate
9
Beta
0.983

Technical Drivers

As of the 22nd of April, Home Depot retains the Standard Deviation of 1.23, market risk adjusted performance of (0.05), and Risk Adjusted Performance of (0.03). Home Depot technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for Home Depot, which can be compared to its competitors. Please check out Home Depot variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Home Depot is priced fairly, providing market reflects its last-minute price of 336.11 per share. Given that Home Depot has information ratio of (0.13), we strongly advise you to confirm Home Depot's regular market performance to make sure the company can sustain itself at a future point.

Home Depot Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Home Depot middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Home Depot. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Home Depot Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Home Depot insiders, such as employees or executives, is commonly permitted as long as it does not rely on Home Depot's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Home Depot insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Home Depot Outstanding Bonds

Home Depot issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Home Depot uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Home bonds can be classified according to their maturity, which is the date when Home Depot has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Home Depot Predictive Daily Indicators

Home Depot intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Home Depot stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Home Depot Corporate Filings

19th of April 2024
Other Reports
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16th of April 2024
Other Reports
ViewVerify
1st of April 2024
Other Reports
ViewVerify
F4
29th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
28th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
27th of March 2024
Other Reports
ViewVerify
F4
22nd of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
13th of March 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify

Home Depot Forecast Models

Home Depot's time-series forecasting models are one of many Home Depot's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Home Depot's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Home Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Home Depot prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Home shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Home Depot. By using and applying Home Stock analysis, traders can create a robust methodology for identifying Home entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.13  0.13 
Operating Profit Margin 0.14  0.14 
Net Profit Margin 0.1  0.1 
Gross Profit Margin 0.32  0.34 

Current Home Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Home analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Home analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
321.54Buy36Odds
Home Depot current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Home analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Home stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Home Depot, talking to its executives and customers, or listening to Home conference calls.
Home Analyst Advice Details

Home Stock Analysis Indicators

Home Depot stock analysis indicators help investors evaluate how Home Depot stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Home Depot shares will generate the highest return on investment. By understating and applying Home Depot stock analysis, traders can identify Home Depot position entry and exit signals to maximize returns.
Begin Period Cash Flow2.8 B
Long Term Debt42.7 B
Common Stock Shares OutstandingB
Total Stockholder EquityB
Tax Provision4.8 B
Quarterly Earnings Growth Y O Y-0.148
Property Plant And Equipment Net34 B
Cash And Short Term Investments3.8 B
Cash3.8 B
Accounts Payable10 B
Net Debt48.5 B
50 Day M A366.9968
Total Current Liabilities22 B
Other Operating Expenses131 B
Non Current Assets Total46.8 B
Forward Price Earnings22.4215
Non Currrent Assets Other1.2 B
Stock Based Compensation380 M
When determining whether Home Depot is a strong investment it is important to analyze Home Depot's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Home Depot's future performance. For an informed investment choice regarding Home Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Home Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
8.52
Earnings Share
15.12
Revenue Per Share
152.822
Quarterly Revenue Growth
(0.03)
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.