On June 22, 2022, The Home Depot Inc. (NYSE: HD) opened at $266.39, lower -0.08% from the last session. During the day, the shares moved up to $271.77 and dropped to $264.51 before settling in for the closing price of $269.20. Price fluctuations for HD have ranged from $267.42 to $420.61 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 9.80% over the past five years. Company’s average yearly earnings per share was noted 30.10% at the time writing. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.03 billion.
Let’s look at the performance matrix of the company that is accounted for 490600 employees.
The Home Depot Inc. (HD) Insider Updates
A key investor’s attitude towards the stock of the Home Improvement Retail industry is another important factor to consider. The insider ownership of The Home Depot Inc. is 0.10%, while institutional ownership is 71.30%. The most recent insider transaction that took place on May 24, was worth 3,252,700. In this transaction EVP – U.S. Stores & Int’l Ops of this company sold 11,293 shares at a rate of $288.03, taking the stock ownership to the 51,175 shares. Before that another transaction happened on May 23, when Company’s Director bought 1,500 for $287.73, making the entire transaction worth $431,595. This insider now owns 1,500 shares in total.
The Home Depot Inc. (HD) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 1/30/2022, the company posted $3.21 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $3.18) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.91 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.60% during the next five years compared to 19.20% growth over the previous five years of trading.
The Home Depot Inc. (NYSE: HD) Trading Performance Indicators
Check out the current performance indicators for The Home Depot Inc. (HD). In the past quarter, the stock posted a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.83. Likewise, its price to free cash flow for the trailing twelve months is 67.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.75, a number that is poised to hit 4.97 in the next quarter and is forecasted to reach 17.49 in one year’s time.
Technical Analysis of The Home Depot Inc. (HD)
The Home Depot Inc. (NYSE: HD) saw its 5-day average volume 6.24 million, a positive change from its year-to-date volume of 4.91 million. As of the previous 9 days, the stock’s Stochastic %D was 5.92%. Additionally, its Average True Range was 9.11.
During the past 100 days, The Home Depot Inc.’s (HD) raw stochastic average was set at 4.06%, which indicates a significant decrease from 10.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.26% in the past 14 days, which was lower than the 34.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $296.41, while its 200-day Moving Average is $342.65. Nevertheless, the first resistance level for the watch stands at $272.33 in the near term. At $275.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $279.59. If the price goes on to break the first support level at $265.07, it is likely to go to the next support level at $261.16. Assuming the price breaks the second support level, the third support level stands at $257.81.
The Home Depot Inc. (NYSE: HD) Key Stats
There are currently 1,027,755K shares outstanding in the company with a market cap of 279.23 billion. Presently, the company’s annual sales total 151,157 M according to its annual income of 16,433 M. Last quarter, the company’s sales amounted to 38,908 M and its income totaled 4,231 M.