In yesterday’s Wall Street session, Home Depot, Inc (NYSE:HD) shares traded at $410.45, up 2.61% from the previous session.
HD stock price is now 2.00% away from the 50-day moving average and 11.90% away from the 200-day moving average. The market capitalization of the company currently stands at $407.73B.
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With the price target enhanced from $360 to $455, Telsey Advisory Group Upgraded its rating from Market Perform to Outperform for Home Depot, Inc (NYSE: HD). On October 22, 2024, Bernstein recently initiated its ‘Mkt Perform’ rating on the stock quoting a target price of $451, while ‘Loop Capital’ rates the stock as ‘Buy’
In other news, Hourigan Timothy A., EVP – Human Resources sold 16,004 shares of the company’s stock on Nov 18 ’24. The stock was sold for $6,553,958 at an average price of $409.52. Upon completion of the transaction, the EVP – Human Resources now directly owns 77,475 shares in the company, valued at $31.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 20 ’24, Officer THE ANN M AND CHRIS CAMPBELL C bought 100 shares of the business’s stock. A total of $40,258 was incurred on buying the stock at an average price of $402.58. A total of 0.06% of the company’s stock is owned by insiders.
During the past 12 months, Home Depot, Inc has had a low of $302.34 and a high of $421.56. As of last week, the company has a debt-to-equity ratio of 10.95, a current ratio of 1.13, and a quick ratio of 0.31. According to the stock market information, the enterprise value for the company is $458247012352, which is based on a 27.89 price-to-earnings ratio, a 6.51 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for HD is $401.6772 and a two-hundred day moving average price translates $366.55374 for the stock.
The latest earnings results from Home Depot, Inc (NYSE: HD) was released for 2024-10-27. The net profit margin was 9.45% and return on equity was 404.93% for HD. The company reported revenue of $40.22 billion for the quarter, compared to $37.71 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.65 percent.
