Home Depot, Inc. (HD) EPS is poised to hit 3.60 next quarter: How Investors Can Make It Count the Most?

Home Depot, Inc. (NYSE: HD) flaunted slowness of -0.31% at $331.98, before settling in for the price of $333.01 at the close. Taking a more long-term approach, HD posted a 52-week range of $274.26-$396.87.

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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 7.45% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 9.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.56%. This publicly-traded company’s shares outstanding now amounts to $992.00 million, simultaneously with a float of $988.72 million. The organization now has a market capitalization sitting at $329.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $364.80, while the 200-day Moving Average is $333.96.

Home Depot, Inc. (HD) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Home Depot, Inc. industry. Home Depot, Inc.’s current insider ownership accounts for 0.23%, in contrast to 72.47% institutional ownership. According to the most recent insider trade that took place on Feb 22 ’24, this organization’s Chair, President and CEO sold 35,987 shares at the rate of 368.63, making the entire transaction reach 13,266,019 in total value, affecting insider ownership by 107,731. Preceding that transaction, on Feb 22 ’24, Company’s Senior EVP sold 27,574 for 368.65, making the whole transaction’s value amount to 10,165,043. This particular insider is now the holder of 65,520 in total.

Home Depot, Inc. (HD) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 1/31/2024, it has been observed that the corporation posted 3.4 earnings per share (EPS) during the time that was better the consensus figure (set at 3.38) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.33 per share during the current fiscal year.

Home Depot, Inc.’s EPS increase for this current 12-month fiscal period is 1.56% and is forecasted to reach 16.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.30% through the next 5 years, which can be compared against the 9.21% growth it accomplished over the previous five years trading on the market.

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

Let’s observe the current performance indicators for Home Depot, Inc. (HD). It’s Quick Ratio in the last reported quarter now stands at 0.40. The Stock has managed to achieve an average true range (ATR) of 6.25. Alongside those numbers, its PE Ratio stands at $21.99, and its Beta score is 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.15. Similarly, its price to free cash flow for trailing twelve months is now 18.33.

In the same vein, HD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 15.10, a figure that is expected to reach 3.60 in the next quarter, and analysts are predicting that it will be 16.41 at the market close of one year from today.

Technical Analysis of Home Depot, Inc. (HD)

Now, what If we examine the latest scores posted by [Home Depot, Inc., HD]. During the last 5-days, its volume was better the volume of 3.37 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 25.05% While, its Average True Range was 6.10.

Raw Stochastic average of Home Depot, Inc. (HD) in the period of the previous 100 days is set at 22.63%, which indicates a major rise in contrast to 13.53% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.22% that was lower than 19.26% volatility it exhibited in the past 100-days period.