Home Depot, Inc. (HD) kicked off at the price of $336.11: Venture capitalists have an exciting new opportunity

On Monday, Home Depot, Inc. (NYSE: HD) was 0.22% up from the session before settling in for the closing price of $335.36. A 52-week range for HD has been $274.26 – $396.87.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 7.45%. When this article was written, the company’s average yearly earnings per share was at 1.56%. With a float of $988.72 million, this company’s outstanding shares have now reached $992.00 million.

Considering the fact that the conglomerate employs 463100 people, you should pay attention to its efficiency factor.

Home Depot, Inc. (HD) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Home Depot, Inc. stocks. The insider ownership of Home Depot, Inc. is 0.23%, while institutional ownership is 72.45%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 1.56% 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

You can see what Home Depot, Inc. (HD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18. Likewise, its price to free cash flow for the trailing twelve months is 18.56.

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 16.41 in one year’s time.

Technical Analysis of Home Depot, Inc. (HD)

Compared to the last year’s volume of 3.35 million, its volume of 3.74 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.67%. Additionally, its Average True Range was 6.35.

During the past 100 days, Home Depot, Inc.’s (HD) raw stochastic average was set at 31.17%, which indicates a significant increase from 14.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.50% in the past 14 days, which was lower than the 19.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $366.44, while its 200-day Moving Average is $333.58. Nevertheless, the first resistance level for the watch stands at $339.14 in the near term. At $342.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $344.88. If the price goes on to break the first support level at $333.40, it is likely to go to the next support level at $330.68. Now, if the price goes above the second support level, the third support stands at $327.66.

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

There are 991,016K outstanding shares of the company, which has a market capitalization of 333.09 billion. As of now, sales total 152,669 M while income totals 15,143 M. Its latest quarter income was 34,786 M while its last quarter net income were 2,801 M.