$3.26M in average volume shows that Home Depot, Inc (HD) is heading in the right direction

On Tuesday, Home Depot, Inc (NYSE: HD) opened higher 0.93% from the last session, before settling in for the closing price of $389.18. Price fluctuations for HD have ranged from $323.77 to $439.37 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

During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 7.45%. Company’s average yearly earnings per share was noted -0.20% at the time writing. With a float of $992.76 million, this company’s outstanding shares have now reached $993.00 million.

Let’s determine the extent of company efficiency that accounts for 463100 employees. In terms of profitability, gross margin is 33.05%, operating margin of 13.7%, and the pretax margin is 12.42%.

Home Depot, Inc (HD) Insider Activity

A key investor’s attitude towards the stock of the Home Improvement Retail industry is another important factor to consider. The insider ownership of Home Depot, Inc is 0.06%, while institutional ownership is 72.11%. The most recent insider transaction that took place on Nov 22 ’24, was worth 1,236,915. In this transaction EVP, Merchandising of this company sold 2,969 shares at a rate of $416.61, taking the stock ownership to the 21,514 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Officer proposed sale 2,969 for $416.61, making the entire transaction worth $1,236,910.

Home Depot, Inc (HD) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.72 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.78% 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

Check out the current performance indicators for Home Depot, Inc (HD). In the past quarter, the stock posted a quick ratio of 0.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52. Likewise, its price to free cash flow for the trailing twelve months is 23.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.72, a number that is poised to hit 3.00 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 3.47 million, which is a jump from its year-to-date volume of 3.16 million. As of the previous 9 days, the stock’s Stochastic %D was 67.26%. Additionally, its Average True Range was 7.13.

During the past 100 days, Home Depot, Inc’s (HD) raw stochastic average was set at 43.04%, which indicates a significant decrease from 79.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.25% in the past 14 days, which was lower than the 18.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $405.52, while its 200-day Moving Average is $372.37. However, in the short run, Home Depot, Inc’s stock first resistance to watch stands at $394.78. Second resistance stands at $396.77. The third major resistance level sits at $399.35. If the price goes on to break the first support level at $390.21, it is likely to go to the next support level at $387.63. Should the price break the second support level, the third support level stands at $385.64.

Home Depot, Inc (NYSE: HD) Key Stats

There are currently 993,363K shares outstanding in the company with a market cap of 390.17 billion. Presently, the company’s annual sales total 152,669 M according to its annual income of 15,143 M. Last quarter, the company’s sales amounted to 40,217 M and its income totaled 3,648 M.