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.
Home Depot has a consensus rating of Moderate Buy which is based on 17 buy ratings, 7 hold ratings and 2 sell ratings. The average price target for Home Depot is $385.42. This is based on 26 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The 25 analysts with 12-month price forecasts for The Home Depot stock have an average target of 381.36, with a low estimate of 315 and a high estimate of 425.
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 ...
One reason why is Home Depot's high market share. It opened its first store more than 40 years ago, and it has grown to become the world's largest home improvement retailer. Home Depot generated almost $153 billion in sales during fiscal 2023 (ended Jan. 28, 2024).
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.
As of today (2024-08-07), The Home Depot's share price is $352.01. The Home Depot's Peter Lynch fair value is $184.14. Therefore, The Home Depot's Price to Peter Lynch Fair Value Ratio for today is 1.91. During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of The Home Depot was 2.13.
The Dow retailer now expects 2024 sales to increase between 2.5% to 3.5%, up from its prior guidance of 1% growth. However, the company sees adjusted earnings per share falling 1% to 3%, from its previous outlook of a 1% decline. Home Depot now forecasts same-store sales decline 3% to 4% for the year.
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%.
The company now anticipates revenue growth in the range of 2.5% to 3.5% and earnings per share to increase between 1% to 3%. This compares with its previous forecast for revenue and EPS growth of approximately 1% apiece. Home Depot also revised its comparable sales outlook, now anticipating a decline of 3% to 4%.
Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800
Phone: +9752624861224
Job: Forward Technology Assistant
Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself
Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.