1.68% volatility in Home Depot, Inc. (HD) last month: This is a red flag warning

A new trading day began on Monday, with Home Depot, Inc. (NYSE: HD) stock price up 1.00% from the previous day of trading, before settling in for the closing price of $398.91. HD’s price has ranged from $274.26 to $421.56 over the past 52 weeks.

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%. 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.

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 Updates

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) Performance Highlights and Predictions

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 2.63. Likewise, its price to free cash flow for the trailing twelve months is 23.85.

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)

The latest stats from [Home Depot, Inc., HD] show that its last 5-days average volume of 2.94 million was inferior to 3.36 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.83%. Additionally, its Average True Range was 7.02.

During the past 100 days, Home Depot, Inc.’s (HD) raw stochastic average was set at 80.88%, which indicates a significant increase from 26.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.81% in the past 14 days, which was lower than the 20.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $390.47, while its 200-day Moving Average is $362.70. Now, the first resistance to watch is $405.17. This is followed by the second major resistance level at $407.45. The third major resistance level sits at $409.06. If the price goes on to break the first support level at $401.28, it is likely to go to the next support level at $399.67. Assuming the price breaks the second support level, the third support level stands at $397.39.

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

With a market capitalization of 400.19 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.