rts logo

Home Depot, Inc. (HD) Is Down -3.38% in 2024 With Lots of Room to Run

Home Depot, Inc. (NYSE: HD) is -3.38% lower on its value in year-to-date trading and has touched a low of $274.26 and a high of $396.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HD stock was last observed hovering at around $337.93 in the last trading session, with the day’s loss setting it -3.1%.

Currently trading at $334.83, the stock is -9.05% and -9.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.52 million and changing -0.92% at the moment leaves the stock 0.57% off its SMA200. HD registered 14.59% gain for a year compared to 6-month gain of 14.70%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -10.29% loss in the last 1 month and extending the period to 3 months gives it a -6.58%, and is -7.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 1.78% over the month.

Home Depot, Inc. (HD) has around 463100 employees, a market worth around $331.82B and $152.67B in sales. Current P/E ratio is 22.17 and Fwd P/E is 20.39. Profit margin for the company is 9.92%. Distance from 52-week low is 22.08% and -15.63% from its 52-week high. The company has generated returns on investments over the last 12 months (29.77%).

The EPS is expected to grow by 1.48% this year.

Home Depot, Inc. (HD) Top Institutional Holders

The shares outstanding are 992.00M, and float is at 988.50M with Short Float at 1.00%.

Home Depot, Inc. (HD) Insider Activity

The most recent transaction is an insider sale by Decker Edward P.,the company’sChair, President and CEO. SEC filings show that Decker Edward P. sold 35,987 shares of the company’s common stock on Feb 22 ’24 at a price of $368.63 per share for a total of $13.27 million. Following the sale, the insider now owns 0.11 million shares.

Home Depot, Inc. disclosed in a document filed with the SEC on Feb 22 ’24 that Campbell Ann Marie (Senior EVP) sold a total of 27,574 shares of the company’s common stock. The trade occurred on Feb 22 ’24 and was made at $368.65 per share for $10.17 million. Following the transaction, the insider now directly holds 65520.0 shares of the HD stock.

Still, SEC filings show that on Feb 22 ’24, Hourigan Timothy A. (EVP – Human Resources) disposed off 8,996 shares at an average price of $368.74 for $3.32 million. The insider now directly holds 75,799 shares of Home Depot, Inc. (HD).

Related Posts