In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Home Depot, Inc (NYSE: HD) closed at $395.43 down -1.95% from its previous closing price of $403.31. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 3.78 million shares were traded.
Ratios:
For a deeper understanding of Home Depot, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 256.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 10.95 whereas as Long-Term Debt/Eq ratio is at 9.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Telsey Advisory Group on November 08, 2024, Upgraded its rating to Outperform and sets its target price to $455 from $360 previously.
On October 22, 2024, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $451.
Loop Capital Upgraded its Hold to Buy on October 09, 2024, whereas the target price for the stock was revised from $360 to $460.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 22 ’24 when Bastek William D sold 2,969 shares for $416.61 per share. The transaction valued at 1,236,915 led to the insider holds 21,514 shares of the business.
Bastek William D bought 2,969 shares of HD for $1,236,910 on Nov 22 ’24. On Nov 20 ’24, another insider, Campbell Ann Marie, who serves as the Senior EVP of the company, sold 100 shares for $402.58 each. As a result, the insider received 40,258 and left with 12,465 shares of the company.
Valuation Measures:
As of this moment, Home’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.87, and their Forward P/E ratio for the next fiscal year is 25.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 67.86.
Stock Price History:
Over the past 52 weeks, HD has reached a high of $439.37, while it has fallen to a 52-week low of $323.77. The 50-Day Moving Average of the stock is -2.59%, while the 200-Day Moving Average is calculated to be 4.00%.
Shares Statistics:
A total of 993.00M shares are outstanding, with a floating share count of 992.38M. Insiders hold about 0.10% of the company’s shares, while institutions hold 72.45% stake in the company.
