Spotting A Winner: Home Depot, Inc (NYSE: HD) Retreats -2.29 And It Still Have Room To Run

Home Depot, Inc (NYSE:HD) currently has a daily average trading volume of 3.80M but it saw 2637007 shares traded in last market. With a market cap of 343.89B USD, the company’s current market price of $345.99 came falling about -2.29 while comparing to the previous closing price of $354.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $439.37 and as low as $323.77. In the recent trading on the day, stock has struck highest price mark of $344.375 while lowest mark touched by it was $353.8.

Taking a look at 20-day trading activity of Home Depot, Inc (HD) gives us an average price of $356.20, while its current price level is -21.25% below from 52-week high level whereas it is 6.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $374.60 while that of 200 days or SMA-200 reads an average of $385.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.83% during that period while stretching the period over a month that increases to 3.23%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.70 which implies that the stock is in neutral territory.

HSBC Securities upgraded its recommendation for the stock as a “Hold” from “Reduce” on February 26, 2025 while assigning a price target range of $356-$410. Telsey Advisory Group issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $360 and $455.

Over the week, HD’s stock price is moving -2.64% down while it is -1.02% when we observe its performance for the past one month. Year-to-date it is -11.05% down and over the past year, the stock is showing an upside performance of 2.39%.

The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 3.6 while estimate for next year EPS is 15.06. In next quarter, company is expected to be making quarterly sales of $45.25B as analysts are expecting the sales for current fiscal year at $163.87B and seeing the company making $170.72B in sales next year. Moreover, analysts are in estimates of $39.24B for current-quarter revenue.

Currently, Home Depot, Inc’s total number of outstanding shares is 994.00M with 0.07% of that held by the insiders while 72.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 23.59% and return on equity (ROE) at 385.37%. It has a price to earnings ratio (P/E ratio) of 23.20 while having a 21.00 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 51.79 while price to sale or P/S ratio amounts to 2.16. Its return on asset (ROA) is 17.15% on average.