Home Depot, Inc. (HD) concluded trading on Wednesday at a closing price of $411.26, with 3.37 million shares of worth about $1.39 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.27% during that period and on October 02, 2024 the price saw a gain of about 0.54%. 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 3.61% in past 5 days and over the past one month there was a price change of 12.75%. Year-to-date (YTD), HD shares are showing a performance of 18.67% which increased to 37.16% 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 $410.56 during that period. The average intraday trading volume for Home Depot, Inc. shares is 3.25 million. The stock is currently trading 7.14% above its 20-day simple moving average (SMA20), while that difference is up 11.23% for SMA50 and it goes to 15.24% 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 72.01% of that.
The stock has a current market capitalization of $408.50B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 27.68, while it has posted earnings per share of $14.86 in the same period. Its PEG reads 7.28 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 1.58% while standing at 1.71% over the month.
Stock’s fiscal year EPS is expected to drop by -1.02% while it is estimated to increase by 4.64% 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 Gordon Haskett on Oct-03-24 offering a Buy rating for the stock and assigned a target price of $450 to it. Coverage by Jefferies stated Home Depot, Inc. (HD) stock as a Buy in their note to investors on July 16, 2024, suggesting a price target of $426 for the stock. On June 26, 2024, DA Davidson Upgrade their recommendations, while on April 01, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $360. Stock get a Buy rating from Mizuho on March 19, 2024.
