Home Depot, Inc (NYSE: HD) is 1.66% higher on its value in year-to-date trading and has touched a low of $323.77 and a high of $439.37 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 $403.31 in the last trading session, with the day’s loss setting it -7.88%.
Currently trading at $395.43, the stock is -3.98% and -2.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.78 million and changing -1.95% at the moment leaves the stock 4.00% off its SMA200. HD registered 9.51% gain for a year compared to 6-month gain of 9.22%.
The stock witnessed a -3.41% loss in the last 1 month and extending the period to 3 months gives it a -2.54%, and is -5.03% 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 1.83% over the week and 1.75% over the month.
Home Depot, Inc (HD) has around 463100 employees, a market worth around $392.81B and $154.60B in sales. Current P/E ratio is 26.87 and Fwd P/E is 25.27. Profit margin for the company is 9.45%. Distance from 52-week low is 22.13% and -10.00% from its 52-week high. The company has generated returns on investments over the last 12 months (23.05%).
with sales reaching $39.01B over the same period.The EPS is expected to shrink by -0.01% this year, but quarterly earnings will post 4.12% year-over-year. Quarterly sales are estimated to grow 12.14% in year-over-year returns.
The shares outstanding are 993.00M, and float is at 992.38M with Short Float at 1.08%.
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 2.5355 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 Bastek William D, the company’s EVP, Merchandising. SEC filings show that Bastek William D sold 2,969 shares of the company’s common stock on Nov 22 ’24 at a price of $416.61 per share for a total of $1.24 million. Following the sale, the insider now owns 21514.0 shares.
Still, SEC filings show that on Nov 20 ’24, Campbell Ann Marie (Senior EVP) disposed off 100 shares at an average price of $402.58 for $40258.0. The insider now directly holds 12,465 shares of Home Depot, Inc (HD).
