Home Depot ‘s (NYSE: HD) stock price has increased more than 60% from $134/share in August 2016 to $220/share in August 2019. The increase was primarily driven by a continuous increase in Total Revenue, Net Income margin, and the buyback of shares. Revenue growth and margin increase are expected to continue in 2019.
What is the forecast for the Home Depot (HD) stock?
· Home Depot, Inc. quote is equal to 311.110 USD at 2022-04-10. Based on our forecasts, a long-term increase is expected, the "HD" stock price prognosis for 2027-04-02 is 600.064 USD. With a 5-year investment, the revenue is expected to be around +92.88%. Your current $100 investment may be up to $192.88 in 2027.
Is Home Depot a good long-term stock to buy?
· In the following video, Motley Fool analyst Jason Moser takes a question from a Fool reader on Facebook, who asks, "How high can Home Depot, ( …
How much is a share of Home Depot worth?
Stock Price Forecast. The 29 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 377.00, with a high estimate of 470.00 and a …
Is Home Depot stock going up?
Home Depot Inc (NYSE:HD) The 29 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 380.00, with a high estimate of 470.00 and a low estimate of 310.00. The median estimate represents a +20.59% increase from the last price of 315.12.
Is Home Depot a good stock to buy right now?
Home Depot's current market cap is sitting much higher, at around $341 billion, and trades at a lower beta of 1.06. The company's annual dividend yield is 2% and has obtained an admirable five-year annualized dividend growth rate of 18.7% to the likes of investors.
What is the highest Home Depot stock has ever been?
Historical daily share price chart and data for Home Depot since 1981 adjusted for splits. The latest closing stock price for Home Depot as of May 13, 2022 is 296.03. The all-time high Home Depot stock closing price was 416.18 on December 07, 2021.
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.
Will Home Depot raise its dividend in 2022?
The Company today announced that its board of directors approved a 15 percent increase in its quarterly dividend to $1.90 per share, which equates to an annual dividend of $7.60 per share. The dividend is payable on March 24, 2022, to shareholders of record on the close of business on March 10, 2022.
Is Home Depot buy sell or hold?
Home Depot has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 19 buy ratings, 4 hold ratings, and no sell ratings.
How many times has Home Depot stock split?
Home Depot's stock splits Home Depot has split its stock 13 times over the course of its history, though those splits came mostly in its early days as a publicly traded company and its last split came in 1999.
What was the price of Home Depot stock in 1990?
Home Depot's stock splitsSplitRecord DatePrice3 for 206/14/1990$57 7/83 for 206/05/1991$65 3/43 for 206/11/1992$68 3/44 for 303/24/1993$59 1/29 more rows•Dec 13, 2019
How much was Home Depot stock when it first came out?
$12 per shareThe Initial Public Offering of Home Depot Common Stock was on September 22, 1981. The price at that time was $12 per share. The stock traded on the Nasdaq Stock Market at that time under the ticker symbol "HOMD".
Why did Home Depot stock go up?
Not many stocks have rallied during the COVID pandemic. Home Depot stands out as a company that has seen exceptional gains after a short-term dip in March and April. The recent increase in value likely comes from the number of people using their stimulus checks on home repairs.
"Should I invest in Home Depot stock?" "Should I trade "HD" stock today?"
According to our live Forecast System, Home Depot, Inc. stock is a good long-term (1-year) investm...
What is the Home Depot stock price / share price today?
The Home Depot stock price is 336.360 USD today.
Will Home Depot stock price grow / rise / go up?
Yes. The HD stock price can go up from 336.360 USD to 379.859 USD in...
Is it profitable to invest in Home Depot stock?
Yes. The long-term earning potential is + 12.93 % in one year.
Will HD stock price fall / drop?
No. See above .
What will Home Depot stock price be worth in five years (2027)?
The HD ("HD" ) future stock price will be 620.647 USD .
Will HD stock price crash?
According to our analysis, this will not happen.
Will Home Depot stock price hit 1 000 USD price in a year?
Not within a year. See above .
Will Home Depot stock price hit 2 000 USD price in a year?
Not within a year. See above .
Stock Price Forecast
The 29 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 384.00, with a high estimate of 470.00 and a low estimate of 310.00. The median estimate represents a +21.28% increase from the last price of 316.61.
Analyst Recommendations
The current consensus among 33 polled investment analysts is to Buy stock in Home Depot Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
The Home Depot Inc Stock Forecast
Over the next 52 weeks, The Home Depot Inc has on average historically risen by 39.4 % based on the past 39 years of stock performance.
Will The Home Depot Inc Stock Go Up Next Year?
Over the next 52 weeks, The Home Depot Inc has on average historically risen by 39.4% based on the past 39 years of stock performance.
The Home Depot Inc Stock Price History
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and HD is experiencing buying pressure, which is a positive indicator for future bullish movement.
Stock Predictions
Is The Home Depot Inc stock public? Yes, The Home Depot Inc is a publicly traded company.
The stock's move today made Home Depot the second-most valuable retail company behind Amazon
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
What happened
Two giant retailers reported third-quarter earnings this morning, and both beat analyst expectations. But investors' reactions differed between the reports from Home Depot ( NYSE:HD) and Walmart. While shares of Walmart were retreating Tuesday morning, Home Depot stock jumped to a new all-time high. As of 11:45 a.m.
So what
The stock's move pushed its market cap to about $413 billion, passing that of Walmart and making it the second-largest retailer by that measure behind Amazon. Investors rewarded Home Depot for beating estimates with diluted net earnings that increased 23.3% over the year-ago period.
Now what
Home Depot has been pursuing a strategy to increase its business with professional contractors and home builders. To that end, it acquired HD Supply, a supplier of maintenance, repair, and operations products, in an $8 billion deal announced in late 2020. Continued strength in the housing market has helped that strategy pay off.
Powerful tailwinds are boosting sales and profits at Home Depot
In the last decade, Home Depot grew revenue at a compounded annual rate of 6.9%. However, in the nine months ended on Oct. 31, Home Depot's revenue increased by 15.6% from the same time a year ago. Such is the positive impact that newly adopted consumer lifestyles have on its business.
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HD : The Home Depot stock forecast by Wall Street Analysts
The average The Home Depot stock forecast from last 6 month is $404.58, and this show a 8.3% increase in average from the prior price target of the each prediction. Also, this average forecast of $404.58 represents a 17.09% increase from the past average forecast of $345.53, 6 months ago from 17 wall street analysts.
Frequently Asked Questions about The Home Depot stock forecast
From The Home Depot stock forecast , The Home Depot (HD) stock can be a good investment choice. According to AI Pickup, the The Home Depot stock price forecast for 2022 Mar. is $354.480744446571
What is the S/TA ratio of Home Depot?
Right now, Home Depot has an S/TA ratio of 2.09, which means that the company gets $2.09 in sales for each dollar in assets. Comparing this to the industry average of 1.75, it can be said that the company is more efficient.
What is Zacks growth style score?
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Is Home Depot a good stock?
Home Depot (HD) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
