Home Depot, Inc. (HD) is 3.70% away from 50-day simple Moving Average despite all headwinds

Home Depot, Inc. (NYSE: HD) on Friday, soared 0.39% from the previous trading day, before settling in for the closing price of $367.06. Within the past 52 weeks, HD’s price has moved between $274.26 and $396.87.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 7.45%. The company achieved an average annual earnings per share of -0.99%. With a float of $992.67 million, this company’s outstanding shares have now reached $993.29 million.

The extent of productivity of a business whose workforce counts for 463100 workers is very important to gauge. In terms of profitability, gross margin is 32.66%, operating margin of 13.91%, and the pretax margin is 12.72%.

Home Depot, Inc. (HD) Insider and Institutional Ownership

Observing investor behavior towards Home Improvement Retail industry stocks is more important than anything else. The insider ownership of Home Depot, Inc. is 0.06%, while institutional ownership is 72.63%. The most recent insider transaction that took place on Aug 19 ’24, was worth 617,100. In this transaction SVP-Finance, CAO & Controller of this company sold 1,700 shares at a rate of $363.00, taking the stock ownership to the 7,037 shares. Before that another transaction happened on Aug 15 ’24, when Company’s EVP, Gen. Counsel & Corp. Sec. sold 5,195 for $359.32, making the entire transaction worth $1,866,667. This insider now owns 20,399 shares in total.

Home Depot, Inc. (HD) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -0.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.80% 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

Home Depot, Inc. (HD) is currently performing well based on its current performance indicators. A quick ratio of 0.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.41. Likewise, its price to free cash flow for the trailing twelve months is 21.82.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.86, a number that is poised to hit 3.65 in the next quarter and is forecasted to reach 15.68 in one year’s time.

Technical Analysis of Home Depot, Inc. (HD)

The latest stats from [Home Depot, Inc., HD] show that its last 5-days average volume of 2.47 million was inferior to 3.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.62%. Additionally, its Average True Range was 7.38.

During the past 100 days, Home Depot, Inc.’s (HD) raw stochastic average was set at 81.61%, which indicates a significant increase from 74.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.43% in the past 14 days, which was lower than the 22.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $355.66, while its 200-day Moving Average is $349.97. Now, the first resistance to watch is $370.98. This is followed by the second major resistance level at $373.46. The third major resistance level sits at $376.51. If the price goes on to break the first support level at $365.45, it is likely to go to the next support level at $362.40. The third support level lies at $359.92 if the price breaches the second support level.

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

Market capitalization of the company is 366.03 billion based on 991,614K outstanding shares. Right now, sales total 152,669 M and income totals 15,143 M. The company made 43,175 M in profit during its latest quarter, and 4,561 M in sales during its previous quarter.