The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, and building service contractors, as well as specialty tradesmen, such as electricians, plumbers, and painters. It sells its products through websites, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, justblinds.com, and americanblinds.com for custom window coverings; thecompanystore.com, an online site for textiles and décor products; hdsupply.com for maintenance, repair, and operations (MRO) products and related services; and The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is headquartered in Atlanta, Georgia.
The average price target for Home Depot is $385.65. This is based on 21 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $425.00 ,the lowest forecast is $330.00. The average price target represents 7.10% Increase from the current price of $360.07.
The average price target for Home Depot is $385.65. This is based on 21 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $425.00 ,the lowest forecast is $330.00. The average price target represents 7.10% Increase from the current price of $360.07.
Intrinsic Value. The intrinsic value of one HD stock under the Base Case scenario is 251.68 USD. Compared to the current market price of 350.07 USD, Home Depot Inc is Overvalued by 28%.
The all-time high Home Depot stock closing price was 395.20 on March 21, 2024. The Home Depot 52-week high stock price is 396.87, which is 11.6% above the current share price. The Home Depot 52-week low stock price is 274.26, which is 22.9% below the current share price.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Bank Of America Corp /de/, and Capital Research ...
It's easy to be optimistic about Home Depot's prospects five years from now. The company will return to revenue growth, which should support earnings gains. The valuation must also be considered. The stock trades at a price-to-earnings ratio of 23.5, slightly above the trailing-five-year average of 21.9.
Analysts expect Home Depot's total sales to rise 3% in fiscal 2025 as the macro environment improves. By comparison, Lowe's (LOW 1.02%) sales tumbled 11% in fiscal 2023 (which ended in February 2024), and analysts anticipate another 2% decline in fiscal 2024 before it finally generates 3% growth in fiscal 2025.
Home Depot reported lower-than-expected quarterly sales, citing a delayed start to spring and continued interest-rate pressure on spending for big projects. Shares fell more than 1% to $337.25 in early trading. Through Monday, the stock was down slightly for 2024.
The retailer lowered its 2024 expectations and predicts that comparable-store sales will fall 3 percent to 4 percent this year. Anxiety about the economy has held back consumer spending, the biggest U.S. home improvement retailer said Tuesday.
Key Points. Home Depot has an astonishing record as one of the highest-returning stocks in market history. However, with revenue now shrinking, it lacks an obvious path to future long-term growth.
As of 2024-08-17, the Fair Value of Home Depot Inc (HD) is 107.6 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 362.06 USD, the upside of Home Depot Inc is -70.3%.
In a survey carried out in 2023, The Home Depot ranked fifth amongst leading American retailers, with estimated retail sales of over 146 billion U.S. dollars. In this same survey, Lowe's Companies, Inc. ranked ninth, with estimated retail sales amounting to over 89 billion U.S. dollars.
Home Depot's CEO is Ted Decker, appointed in Oct 2020, has a tenure of 3.83 years. total yearly compensation is $14.42M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.012% of the company's shares, worth $41.88M.
Value investors holding Home Depot stock can also afford to be patient. While Home Depot's profit fell 7% year over year to $3.6 billion in the first quarter, it still generates plenty of free cash flow (FCF). Its first-quarter FCF was $4.7 billion.
In this more optimistic vision, we could see Home Depot's stock price moving beyond the $500 mark by 2030, marking an impressive gain of more than 35% from its current standing. In this scenario banks on Home Depot continue to dominate the market while having strong double-digit growth in earnings each year.
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