Home Depot, Inc. (HD)’s latest performance is not what we had anticipated

Home Depot, Inc. (NYSE: HD) kicked off on Monday, down -1.44% from the previous trading day, before settling in for the closing price of $342.87. Over the past 52 weeks, HD has traded in a range of $274.26-$396.87.

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A company in the Consumer Cyclical sector has jumped its sales by 7.45% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 1.48%. With a float of $988.50 million, this company’s outstanding shares have now reached $992.00 million.

In an organization with 463100 employees, it is important to assess its efficiency.

Home Depot, Inc. (HD) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Home Improvement Retail Industry. The insider ownership of Home Depot, Inc. is 0.25%, while institutional ownership is 72.42%. The most recent insider transaction that took place on Feb 22 ’24, was worth 13,266,019. In this transaction Chair, President and CEO of this company sold 35,987 shares at a rate of $368.63, taking the stock ownership to the 107,731 shares. Before that another transaction happened on Feb 22 ’24, when Company’s Senior EVP sold 27,574 for $368.65, making the entire transaction worth $10,165,043. This insider now owns 65,520 shares in total.

Home Depot, Inc. (HD) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.30% during the next five years compared to 9.21% growth over the previous five years of trading.

Home Depot, Inc. (NYSE: HD) Trading Performance Indicators

Take a look at Home Depot, Inc.’s (HD) current performance indicators. Last quarter, stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19. Likewise, its price to free cash flow for the trailing twelve months is 18.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.10, a number that is poised to hit 3.60 in the next quarter and is forecasted to reach 16.42 in one year’s time.

Technical Analysis of Home Depot, Inc. (HD)

Let’s dig in a bit further. During the last 5-days, its volume was 3.94 million. That was better than the volume of 3.32 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.09%. Additionally, its Average True Range was 6.95.

During the past 100 days, Home Depot, Inc.’s (HD) raw stochastic average was set at 37.65%, which indicates a significant increase from 1.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.59% in the past 14 days, which was higher than the 19.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $368.90, while its 200-day Moving Average is $332.92. However, in the short run, Home Depot, Inc.’s stock first resistance to watch stands at $343.61. Second resistance stands at $349.29. The third major resistance level sits at $352.50. If the price goes on to break the first support level at $334.72, it is likely to go to the next support level at $331.51. Assuming the price breaks the second support level, the third support level stands at $325.83.

Home Depot, Inc. (NYSE: HD) Key Stats

The company with the Market Capitalisation of 334.90 billion has total of 991,016K Shares Outstanding. Its annual sales at the moment are 152,669 M in contrast with the sum of 15,143 M annual income. Company’s last quarter sales were recorded 34,786 M and last quarter income was 2,801 M.