Home Depot, Inc (NYSE: HD) is 17.39% higher on its value in year-to-date trading and has touched a low of $302.34 and a high of $421.56 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 $410.44 in the last trading session, with the day’s loss setting it -3.64%.
Currently trading at $406.80, the stock is 1.44% and 1.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing -0.89% at the moment leaves the stock 11.05% off its SMA200. HD registered 32.39% gain for a year compared to 6-month gain of 21.02%. The firm has a 50-day simple moving average (SMA 50) of $400.3684 and a 200-day simple moving average (SMA200) of $366.0767.
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 0.10% loss in the last 1 month and extending the period to 3 months gives it a 9.81%, and is 0.92% 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 1.86% over the week and 1.87% over the month.
Home Depot, Inc (HD) has around 463100 employees, a market worth around $404.07B and $154.60B in sales. Current P/E ratio is 27.65 and Fwd P/E is 25.97. Profit margin for the company is 9.45%. Distance from 52-week low is 34.55% and -3.50% from its 52-week high. The company has generated returns on investments over the last 12 months (23.05%).
with sales reaching $38.69B over the same period.The EPS is expected to shrink by -0.15% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 11.24% in year-over-year returns.
Home Depot, Inc (HD) Top Institutional Holders
4562.0 institutions hold shares in Home Depot, Inc (HD), with institutional investors hold 72.32% of the company’s shares. The shares outstanding are 993.29M, and float is at 992.69M with Short Float at 1.06%. Institutions hold 72.28% 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
#####
Home Depot, Inc disclosed in a document filed with the SEC on Nov 14 ’24 that Roseborough Teresa Wynn (EVP, Gen. Counsel & Corp. Sec.) sold a total of 22,084 shares of the company’s common stock. The trade occurred on Nov 14 ’24 and was made at $408.91 per share for $9.03 million. Following the transaction, the insider now directly holds 20404.0 shares of the HD stock.
Still, SEC filings show that on Nov 14 ’24, Campbell Ann Marie (Senior EVP) disposed off 29,968 shares at an average price of $408.40 for $12.24 million. The insider now directly holds 67,361 shares of Home Depot, Inc (HD).
