Is Home Depot stock a Buy Right Now?
After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Home Depot wasn't one of them! That's right ...
Is Home Depot stock a good buy?
It's not surprising that Home Depot (NYSE: HD), with fiscal 2021 sales of $151.2 billion, benefits from a robust housing market. As home values rise, consumers are more inclined to take on renovation projects because they view these expenditures as an ...
Should I Buy Home Depot stock?
Home Depot (HD) closed the most recent trading day at $301.60, moving +0.55% from the previous trading session. The stock outpaced the ... Ranging from #1 (Strong Buy) to #5 (Strong Sell), the ...
Is Home Depot a good investment?
ATLANTA, April 19, 2022 /PRNewswire/ -- The Home Depot ®, the world's largest home improvement retailer, today announced that Matt Carey has been named executive vice president (EVP) of customer experience, effective immediately. In this newly formed role ...
Is Home Depot a good stock to buy?
This massive retailer is still showing signs of strength. In the most recent quarter (ended May 1), Home Depot posted year-over-over revenue growth of 3.8%. This was on top of 32.7% growth in Q1 2021.
How high will Home Depot stock go?
Home Depot Inc (NYSE:HD) The 30 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 337.50, with a high estimate of 470.00 and a low estimate of 285.00. The median estimate represents a +13.26% increase from the last price of 298.00.
Why is Home Depot going down?
0:121:50Why Home Depot (HD) Stock DROPPED Today - YouTubeYouTubeStart of suggested clipEnd of suggested clipHome depot will be comparing results to pandemic highs but stimulus checks have stopped coming andMoreHome depot will be comparing results to pandemic highs but stimulus checks have stopped coming and the company is facing headwinds from rising commodity.
Is HD a good stock to buy?
HD boasts an average earnings surprise of 7.2%. Home Depot is also cash rich. The company has generated cash flow growth of 14.2%, and is expected to report cash flow expansion of 24.6% in 2023. With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, HD should be on investors' short lists.
What will Home Depot stock be in 5 years?
Based on our forecasts, a long-term increase is expected, the "HD" stock price prognosis for 2027-07-21 is 547.675 USD. With a 5-year investment, the revenue is expected to be around +83.22%. Your current $100 investment may be up to $183.22 in 2027. Get It Now!
Is Home Depot a buy 2022?
For full-year 2022, Home Depot now anticipates full-year sales and comps growth of 3% each, with earnings per share growing by mid-single-digit percentages. Earlier in February, the company predicted flat to slightly positive comps for 2022.
Is Home Depot struggling?
Status of Retail HD currently trades near $283, which means the home improvement retailer has fallen nearly 31% since the end of last year. This decline has outpaced the broader market, with the S&P 500 dropping around 19% over the same time.
Is Home Depot doing well?
Home Depot is now a beaten-down stock. The company's results for the fourth quarter and fiscal 2021 indicate the fall-off was starting to take hold by year-end. Moreover, guidance for 2022 was discouraging and the stock sold off. The forecast for sales growth in 2022 is that it will be “slightly positive”.
Is Home Depot stock overvalued?
With a price-earnings ratio of 19.44, the stock may seem overvalued to some, but its PEG ratio of 0.65 suggests that Home Depot's market price is 1.54 times undervalued relative to its earnings per share growth.
Is HD a Buy Sell or Hold?
Home Depot has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 16 buy ratings, 4 hold ratings, and no sell ratings.
Is Lowes stock a buy?
What Is Lowe's Stock's Price Prediction? Sell-Side Analysts are bullish on the company. Out of 30 analysts covering the stock, 17 have a strong buy rating, five have a buy rating, and the remaining eight have a hold rating.
How high can Lowes stock go?
Stock Price Forecast The 25 analysts offering 12-month price forecasts for Lowe's Companies Inc have a median target of 238.00, with a high estimate of 300.00 and a low estimate of 190.00. The median estimate represents a +26.63% increase from the last price of 187.95.
Is Home Depot stock a Buy, Sell or Hold?
Home Depot stock has received a consensus rating of buy. The average rating score is A2 and is based on 51 buy ratings, 11 hold ratings, and 0 sell...
What was the 52-week low for Home Depot stock?
The low in the last 52 weeks of Home Depot stock was 279.63. According to the current price, Home Depot is 104.23% away from the 52-week low.
What was the 52-week high for Home Depot stock?
The high in the last 52 weeks of Home Depot stock was 420.61. According to the current price, Home Depot is 69.29% away from the 52-week high.
What are analysts forecasts for Home Depot stock?
The 62 analysts offering price forecasts for Home Depot have a median target of 343.53, with a high estimate of 470.00 and a low estimate of 260.00...
Where is Home Depot located?
What is the Home Depot valuation method?
The company is headquartered in incorporated Cobb County, Georgia, with an Atlanta mailing address.
Does Home Depot have a container ship?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. The Home Depot, Inc., commonly known as Home Depot, is the largest home improvement retailer in the United States, supplying tools, construction products, and services.
What is the stock symbol for Home Depot?
Home Depot contracted its own container ship as a safeguard. Fiscal Q1 2022 ended 5/2/21. Reported on 5/18/21. The Home Depot, Inc., commonly known as Home Depot, is the largest home improvement retailer in the United States, supplying tools, construction products, and services.
When will Home Depot buy back its stock?
Home Depot trades on the New York Stock Exchange (NYSE) under the ticker symbol "HD."
How much does Home Depot make?
Home Depot announced that its board has authorized a share buyback plan on Thursday, May 20th 2021, which authorizes the company to buyback $20,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
What is the official website of Home Depot?
The Home Depot has a market capitalization of $353.90 billion and generates $132.11 billion in revenue each year. The home improvement retailer earns $12.87 billion in net income (profit) each year or $12.03 on an earnings per share basis.
What is the peg ratio of Home Depot?
The official website for Home Depot is www.homedepot.com.
When will Home Depot release its earnings?
Home Depot has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.
Is Home Depot a buy or sell company?
The Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021. View our earnings forecast for The Home Depot.
What is Home Depot?
Home Depot has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 16 buy ratings, 7 hold ratings, and no sell ratings.
Where is Home Depot located in 2021?
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, building materials, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers. The company also offers installation programs that include flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows; and professional installation in various categories sold through its stores and in-home sales programs, as well as acts as a general contractor to provide installation services to its do-it-for-me customers through third-party installers. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products online. As of January 31, 2021, the company operated 2,296 retail stores in the United States, including the Commonwealth of Puerto Rico, and the territories of the U.S. Virgin Islands and Guam; Canada; and Mexico. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
Is Home Depot on the NYSE?
Virgin Islands and Guam; Canada; and Mexico. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
What is Home Depot?
The Home Depot, Inc. is listed on NYSE under HD. You can buy The Home Depot, Inc. stock through any online brokerage account such as E*TRADE, Charles Schwab, or Merrill Edge. Premium subscribers can easily link their Seeking Alpha portfolios to their brokerage account. (Your credentials will never be made accessible to Seeking Alpha.)
How many articles has The Fool written on Home Depot?
A mecca for the do-it-yourselfer, Home Depot is the world’s largest home-improvement retailer.
Why did Home Improvement drop shares?
The Fool has written over 1800 articles on Home Depot.
When will HD earnings call end?
Shares of the home improvement retailer slipped due to concerns about the expanding coronavirus pandemic.
What could lead to a major downturn in the housing market?
HD earnings call for the period ending June 30, 2021.
Lowe's stock rises on Q4 earnings beat
The COVID-19 pandemic could lead to a major downturn in the U.S. housing market.
Stock Market Closes Down For Fourth Day In A Row As Ukraine Tensions Escalate
Yahoo Finance's Brian Sozzi and Julie Hyman break down the latest quarterly earnings for Lowe's.
Lowe's Hikes 2022 Outlook But Boise Cascade Joins Home Depot Stock's Plunge
For the fourth day in a row, the stock market closed lower, falling deeper into a slump. Tech stocks led the downside as investors remained on edge over the potential war in Ukraine. Some investors moved into gold stocks as a safe haven.
How many stores does Home Depot have in 2021?
Home improvement chains, lumber suppliers all beat views. But Home Depot stock and its peers are selling amid warnings of pricing volatility, business uncertainties.
What are the different grades for stocks?
Based on net sales, The Home Depot Inc. is the world’s largest home improvement specialty retailer with 2,317 retail stores across the globe as of the end of third-quarter fiscal 2021. It offers a diverse range of branded and proprietary home improvement items, building materials, lawn and garden products, décor products and related services.
How many X is Zacks?
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
Is ZacksTrade a separate company?
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
Release
- Home Depot is scheduled to release their next quarterly earnings announcement on Tuesday, May 21st 2019. View Earnings Estimates for Home Depot.
Offseason
- Home Depot will be holding an earnings conference call on Tuesday, May 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
Sales
- 18 Wall Street analysts have issued 12-month price targets for Home Depot's stock. Their predictions range from $180.00 to $228.00. On average, they anticipate Home Depot's share price to reach $206.25 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Price Targets for Home Depot.
Ratings
- 18 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Home Depot in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of \"Buy.\" View Analyst Ratings for Home Depot.
Reception
- Press coverage about HD stock has trended neutral recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hom…
Ownership
- Home Depot's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.27%), Wells Fargo & Company MN (1.10%), Janus Henderson Group PLC (0.49%), Jennison Associates LLC (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.41%) and PNC Financial Services Group Inc. (0.41%). Company insiders that own Home Depo…
Business
- Home Depot has a market capitalization of $214.80 billion and generates $108.20 billion in revenue each year. The home improvement retailer earns $11.12 billion in net income (profit) each year or $9.89 on an earnings per share basis. Home Depot employs 413,000 workers across the globe.
Location
- Home Depot's mailing address is 2455 PACES FERRY ROAD, ATLANTA GA, 30339. The home improvement retailer can be reached via phone at 770-433-8211 or via email at [email protected].