A new trading day began on Monday, with Home Depot, Inc. (NYSE: HD) stock price down -2.07% from the previous day of trading, before settling in for the closing price of $415.00. HD’s price has ranged from $274.26 to $421.56 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 7.45%. Meanwhile, its annual earnings per share averaged -1.06%. With a float of $992.68 million, this company’s outstanding shares have now reached $993.29 million.
Let’s determine the extent of company efficiency that accounts for 463100 employees. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Home Improvement Retail Industry. The insider ownership of Home Depot, Inc. is 0.06%, while institutional ownership is 71.96%. 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) Earnings and Forecasts
In its latest quarterly report, released on 7/31/2024, the company reported earnings of 3.81 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.87% 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
Here are Home Depot, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.65. Likewise, its price to free cash flow for the trailing twelve months is 24.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.86, a number that is poised to hit 3.63 in the next quarter and is forecasted to reach 15.65 in one year’s time.
Technical Analysis of Home Depot, Inc. (HD)
Looking closely at Home Depot, Inc. (NYSE: HD), its last 5-days average volume was 2.85 million, which is a drop from its year-to-date volume of 3.37 million. As of the previous 9 days, the stock’s Stochastic %D was 45.13%. Additionally, its Average True Range was 6.94.
During the past 100 days, Home Depot, Inc.’s (HD) raw stochastic average was set at 84.47%, which indicates a significant increase from 31.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.63% in the past 14 days, which was lower than the 20.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $385.82, while its 200-day Moving Average is $361.42. However, in the short run, Home Depot, Inc.’s stock first resistance to watch stands at $413.85. Second resistance stands at $421.29. The third major resistance level sits at $426.03. If the price goes on to break the first support level at $401.66, it is likely to go to the next support level at $396.92. Should the price break the second support level, the third support level stands at $389.48.
Home Depot, Inc. (NYSE: HD) Key Stats
With a market capitalization of 403.67 billion, the company has a total of 991,614K Shares Outstanding. Currently, annual sales are 152,669 M while annual income is 15,143 M. The company’s previous quarter sales were 43,175 M while its latest quarter income was 4,561 M.
