Home Depot, Inc. (NYSE: HD) is 19.52% higher on its value in year-to-date trading and has touched a low of $274.26 and a high of $412.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HD stock was last observed hovering at around $408.06 in the last trading session, with the day’s gains setting it 6.12%.
Currently trading at $414.18, the stock is 4.75% and 10.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.61 million and changing 1.50% at the moment leaves the stock 15.58% off its SMA200. HD registered 41.45% gain for a year compared to 6-month gain of 14.60%. The firm has a 50-day simple moving average (SMA 50) of $375.1132 and a 200-day simple moving average (SMA200) of $358.3574.
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The stock witnessed a 13.31% loss in the last 1 month and extending the period to 3 months gives it a 20.34%, and is 1.25% up 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 2.01% over the week and 1.77% over the month.
Home Depot, Inc. (HD) has around 463100 employees, a market worth around $411.40B and $152.09B in sales. Current P/E ratio is 27.87 and Fwd P/E is 26.48. Profit margin for the company is 9.71%. Distance from 52-week low is 51.02% and 0.29% from its 52-week high. The company has generated returns on investments over the last 12 months (23.11%).
with sales reaching $39.11B over the same period.The EPS is expected to shrink by -1.08% this year, but quarterly earnings will post 3.00% year-over-year.
Home Depot, Inc. (HD) Top Institutional Holders
4433.0 institutions hold shares in Home Depot, Inc. (HD), with institutional investors hold 72.16% of the company’s shares. The shares outstanding are 993.29M, and float is at 992.68M with Short Float at 1.02%. Institutions hold 72.11% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 94.15 million shares valued at $32.41 billion. The investor’s holdings represent 9.5193% of the HD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 71.15 million shares valued at $24.49 billion to account for 7.1938 of the shares outstanding. The other top investors are STATE STREET CORP which holds 46.4 million shares representing 4.6912% and valued at over $15.97 billion, while CAPITAL WORLD INVESTORS holds 2.5381 of the shares totaling 25.1 million with a market value of $8.64 billion.
Home Depot, Inc. (HD) Insider Activity
The most recent transaction is an insider sale by Scardino Kimberly R, the company’s SVP-Finance, CAO & Controller. SEC filings show that Scardino Kimberly R sold 1,700 shares of the company’s common stock on Aug 19 ’24 at a price of $363.00 per share for a total of $0.62 million. Following the sale, the insider now owns 7037.0 shares.
Home Depot, Inc. disclosed in a document filed with the SEC on Aug 15 ’24 that Roseborough Teresa Wynn (EVP, Gen. Counsel & Corp. Sec.) sold a total of 5,195 shares of the company’s common stock. The trade occurred on Aug 15 ’24 and was made at $359.32 per share for $1.87 million. Following the transaction, the insider now directly holds 20399.0 shares of the HD stock.
Still, SEC filings show that on Aug 19 ’24, Scardino Kimberly R (Officer) Proposed Sale 1,700 shares at an average price of $363.00 for $0.62 million. The insider now directly holds shares of Home Depot, Inc. (HD).
