Home Depot, Inc. (HD) is ready for next Episode as it posted an annual sales of 152,669 M

Home Depot, Inc. (NYSE: HD) kicked off on Friday, up 1.76% from the previous trading day, before settling in for the closing price of $353.29. Over the past 52 weeks, HD has traded in a range of $274.26-$396.87.

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Annual sales at Consumer Cyclical sector company grew by 7.45% over the past five years. While this was happening, its average annual earnings per share was recorded 1.00%. With a float of $991.00 million, this company’s outstanding shares have now reached $992.00 million.

Let’s look at the performance matrix of the company that is accounted for 463100 employees.

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 0.06%, while institutional ownership is 73.21%. The most recent insider transaction that took place on May 16 ’24, was worth 19,332,587. In this transaction EVP, Customer Experience of this company sold 56,008 shares at a rate of $345.18, taking the stock ownership to the 33,325 shares. Before that another transaction happened on May 16 ’24, when Company’s EVP and CIO sold 3,000 for $343.79, making the entire transaction worth $1,031,370. This insider now owns 8,155 shares in total.

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

In the latest quarterly report, which was put into the public domain on 4/30/2024, the organization reported 4.65 earnings per share (EPS), higher than consensus estimate (set at 4.44) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.76 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.40% 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 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35. Likewise, its price to free cash flow for the trailing twelve months is 19.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.91, a number that is poised to hit 4.58 in the next quarter and is forecasted to reach 16.18 in one year’s time.

Technical Analysis of Home Depot, Inc. (HD)

Home Depot, Inc. (NYSE: HD) saw its 5-day average volume 3.17 million, a negative change from its year-to-date volume of 3.42 million. As of the previous 9 days, the stock’s Stochastic %D was 18.25%. Additionally, its Average True Range was 7.69.

During the past 100 days, Home Depot, Inc.’s (HD) raw stochastic average was set at 48.89%, which indicates a significant decrease from 59.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.65% in the past 14 days, which was higher than the 21.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $343.61, while its 200-day Moving Average is $341.06. Nevertheless, the first resistance level for the watch stands at $362.45 in the near term. At $365.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $369.11. If the price goes on to break the first support level at $355.79, it is likely to go to the next support level at $352.07. Assuming the price breaks the second support level, the third support level stands at $349.13.

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

The company with the Market Capitalisation of 356.49 billion has total of 991,614K 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 36,418 M and last quarter income was 3,600 M.