Home Depot Stock Today

HD Stock  USD 328.70  3.60  1.11%   

Performance

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Odds Of Distress

Less than 6

 
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Home Depot is trading at 328.70 as of the 28th of May 2024, a 1.11 percent increase since the beginning of the trading day. The stock's lowest day price was 324.48. Home Depot has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on May 1, 2024, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Home Depot's common stock.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
22nd of September 1981
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 991.61 M outstanding shares of which 8.48 M shares are currently sold short in the market by investors with about 2.32 days to cover all shorted shares. More on Home Depot

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Follow Valuation Options Odds of Bankruptcy
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Home Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Home Depot's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Home Depot or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Home Depot's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Home Depot's managers, analysts, and investors.
Environmental
Governance
Social
CEOEdward Decker
Thematic Ideas
Showing 3 out of 5 themes
Old Names[The Home Depot Inc, The Home Depot Inc.]
Business ConcentrationHome Improvement Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Dow Jones Industrial, SP 500 Index, SP 100 Index, SP 100, Dow Jones Composite, NYSE 100 Index, ARCA Institutional, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Macroaxis Picks, Retail, Macroaxis Index, Impulse, Millennials Best, Consumer Discretionary, Specialty Retail, Home Improvement Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Home Depot report their recommendations after researching Home Depot's financial statements, talking to executives and customers, or listening in on Home Depot's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Home Depot. The Home consensus assessment is calculated by taking the average forecast from all of the analysts covering Home Depot.
Financial Strength
Based on the key indicators related to Home Depot's liquidity, profitability, solvency, and operating efficiency, Home Depot may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of Home Depot is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.180.1979
Significantly Down
Slightly volatile
Asset Turnover1.871.9949
Notably Down
Slightly volatile
Gross Profit Margin0.340.3163
Notably Up
Pretty Stable
Net Debt50.9 B48.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities23.1 B22 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total56.1 B53.5 B
Sufficiently Up
Slightly volatile
Total Assets80.4 B76.5 B
Sufficiently Up
Slightly volatile
Total Current Assets31.3 B29.8 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities22.2 B21.2 B
Sufficiently Up
Slightly volatile
Home Depot's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Home Depot's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Home Depot's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Home Depot's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Home Depot's financial leverage. It provides some insight into what part of Home Depot's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Home Depot's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Home Depot deploys its capital and how much of that capital is borrowed.
Liquidity
Home Depot cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 52.24 B of total liabilities. Home Depot has a current ratio of 1.36, which is generally considered normal. Debt can assist Home Depot until it has trouble settling it off, either with new capital or with free cash flow. So, Home Depot's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Home Depot sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Home to invest in growth at high rates of return. When we think about Home Depot's use of debt, we should always consider it together with cash and equity.

Change To Inventory

4.34 Billion
Home Depot (HD) is traded on New York Stock Exchange in USA. It is located in 2455 Paces Ferry Road, Atlanta, GA, United States, 30339 and employs 465,000 people. Home Depot is listed under Home Improvement Retail category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 326.44 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 Depot is active under Specialty Retail sector as part of Consumer Discretionary industry. The entity has 991.61 M outstanding shares of which 8.48 M shares are currently sold short in the market by investors with about 2.32 days to cover all shorted shares. Home Depot reports about 2.76 B in cash with 21.17 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.42.
Check Home Depot Probability Of Bankruptcy
Ownership Allocation
Home Depot has a total of 991.61 Million outstanding shares. The majority of Home Depot outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Home Depot to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Home Depot. Please pay attention to any change in the institutional holdings of Home Depot as this could imply that something significant has changed or is about to change at the company. Please note that on May 1, 2024, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Home Depot's common stock.
Check Home Ownership Details

Home Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Home Depot that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Home Depot's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Home Depot's value.
InstituionRecorded OnShares
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
Fisher Asset Management, Llc2024-03-31
M
Jpmorgan Chase & Co2023-12-31
8.8 M
Legal & General Group Plc2023-12-31
8.5 M
Fmr Inc2023-12-31
8.2 M
T. Rowe Price Associates, Inc.2024-03-31
7.4 M
Vanguard Group Inc2024-03-31
94 M
Blackrock Inc2023-12-31
71.1 M
View Home Depot Diagnostics

Home Depot Historical Income Statement

Home Depot Income Statement is one of the three primary financial statements used for reporting Home's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Home Depot revenue and expense. Home Depot Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Home Depot's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 160.3 B, whereas Total Other Income Expense Net is projected to grow to (1.7 B). View More Fundamentals

Home Stock Against Markets

Picking the right benchmark for Home Depot stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Home Depot stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Home Depot is critical whether you are bullish or bearish towards Home Depot at a given time. Please also check how Home Depot's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Home Depot without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Home Depot Corporate Directors

Home Depot corporate directors refer to members of a Home Depot board of directors. The board of directors generally takes responsibility for the Home Depot's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Home Depot's board members must vote for the resolution. The Home Depot board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ari BousbibIndependent DirectorProfile
Greg BrennemanLead Independent DirectorProfile
Gerard ArpeyIndependent DirectorProfile
Gregory BrennemanLead Independent DirectorProfile

How to buy Home Stock?

Before investing in Home Depot, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Home Depot. To buy Home Depot stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Home Depot. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Home Depot stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Home Depot stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Home Depot stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Home Depot, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Home Stock please use our How to Invest in Home Depot guide.

Already Invested in Home Depot?

The danger of trading Home Depot is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Home Depot is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Home Depot. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Home Depot is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Home Depot's price analysis, check to measure Home Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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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
(0.05)
Dividend Share
6.43
Earnings Share
14.92
Revenue Per Share
152.785
Quarterly Revenue Growth
(0.02)
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.