Home Depot, Inc. (HD) concluded trading on Thursday at a closing price of $396.70, with 2.85 million shares of worth about $1.13 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.80% during that period and on September 26, 2024 the price saw a loss of about -0.06%. Currently the company’s common shares owned by public are about 993.29M shares, out of which, 992.68M shares are available for trading.
Stock saw a price change of 1.63% in past 5 days and over the past one month there was a price change of 6.30%. Year-to-date (YTD), HD shares are showing a performance of 14.47% which increased to 31.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $274.26 but also hit the highest price of $401.11 during that period. The average intraday trading volume for Home Depot, Inc. shares is 3.30 million. The stock is currently trading 5.23% above its 20-day simple moving average (SMA20), while that difference is up 8.15% for SMA50 and it goes to 11.59% higher than SMA200.
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Home Depot, Inc. (NYSE: HD) currently have 993.29M outstanding shares and institutions hold larger chunk of about 72.02% of that.
The stock has a current market capitalization of $394.04B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 26.70, while it has posted earnings per share of $14.86 in the same period. Its PEG reads 7.03 and has Quick Ratio of 0.33 while making debt-to-equity ratio of 14.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HD, volatility over the week remained 1.39% while standing at 1.69% over the month.
Stock’s fiscal year EPS is expected to drop by -1.02% while it is estimated to increase by 4.66% in next year. EPS is likely to shrink at an annualized rate of 3.80% for next 5-years, compared to annual growth of 9.21% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on July 16, 2024 offering a Buy rating for the stock and assigned a target price of $426 to it. Coverage by DA Davidson stated Home Depot, Inc. (HD) stock as a Buy in their note to investors on June 26, 2024, suggesting a price target of $395 for the stock. On April 01, 2024, Telsey Advisory Group Reiterated their recommendations, while on March 19, 2024, Mizuho Initiated their ratings for the stock with a price target of $415. Stock get a Reduce rating from HSBC Securities on February 21, 2024.
