Home Depot Stock Today

HD Stock  USD 359.51  6.22  1.76%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 6

 
High
 
Low
Low
Home Depot is trading at 359.51 as of the 26th of July 2024, a 1.76 percent increase since the beginning of the trading day. The stock's lowest day price was 355.01. Home Depot has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Note, on July 15, 2024, Senator Sheldon Whitehouse of US Senate 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 8.63 M shares are currently sold short in the market by investors with about 2.36 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

ESG Sustainability
Environmental
Governance
Social
CEOEdward Decker
Thematic Ideas
Showing 3 out of 4 themes
Old Names[The Home Depot Inc, The Home Depot Inc.]
Business ConcentrationHome Improvement Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Dow Jones Industrial, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, NYSE 100 Index, Dow Jones Composite, ARCA Institutional, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Retail, Millennials Best, Macroaxis Index, Impulse, Consumer Discretionary, Specialty Retail, Home Improvement Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
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
Debt Levels
Home Depot can leverage 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.
Liquidity
Home Depot reports 52.24 B of total liabilities. Home Depot has a current ratio of 1.36, which is generally considered normal. Note however, debt could still be an excellent tool for Home to invest in growth at high rates of return.

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 351.87 B. Home Depot is active under Specialty Retail sector as part of Consumer Discretionary industry. The entity has 991.61 M outstanding shares of which 8.63 M shares are currently sold short in the market by investors with about 2.36 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 July 15, 2024, Senator Sheldon Whitehouse of US Senate acquired under $15k worth of Home Depot's common stock.
Check Home Ownership Details

Home Stock Institutional Holders

InstituionRecorded OnShares
Wellington Management Company Llp2024-03-31
10.1 M
Royal Bank Of Canada2024-03-31
9.8 M
Fisher Asset Management, Llc2024-03-31
M
Bank Of New York Mellon Corp2024-03-31
8.9 M
Jpmorgan Chase & Co2024-03-31
8.4 M
Legal & General Group Plc2024-03-31
8.4 M
Fmr Inc2024-03-31
8.1 M
T. Rowe Price Associates, Inc.2024-03-31
7.4 M
Ubs Group Ag2024-03-31
6.1 M
Vanguard Group Inc2024-03-31
94 M
Blackrock Inc2024-03-31
70.7 M
View Home Depot Diagnostics

Home Depot Historical Income Statement

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

Home Depot Corporate Directors

Ari BousbibIndependent DirectorProfile
Greg BrennemanLead Independent DirectorProfile
Gerard ArpeyIndependent DirectorProfile
Gregory BrennemanLead Independent DirectorProfile

Additional Information and Resources on Investing in Home Stock

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 closely tied 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.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Home Improvement Retail space 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
8.68
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.