Is the Home Depot (HD) a great stock for value investors?
In addition, The Home Depot, Inc. has a VGM Score of B (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Valuation metrics show that The Home Depot, Inc. may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors.
Will Home Depot stock grow/rise/go up?
The Home Depot stock price is 415.400 USD today. Will Home Depot stock price grow / rise / go up? Yes. The HD stock price can go up from 415.400 USD to 472.163 USD in one year. Is it profitable to invest in Home Depot stock?
Is HD shares good to invest in?
Our Ai stock analyst implies that there will be a positive trend in the future and the HD shares might be good for investing for making money. Since this share has a positive outlook we recommend it as a part in your portfolio.
Is HD (HD) a great stock for momentum investors?
The financial health and growth prospects of HD, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
Is HD a good stock 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.
Will HD stock go up?
Home Depot Inc (NYSE:HD) The 30 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 349.00, with a high estimate of 470.00 and a low estimate of 285.00. The median estimate represents a +27.05% increase from the last price of 274.70.
Is it worth buying Home Depot stock?
Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by a double-digit 10% over the next couple of years, the outlook is positive for Home Depot.
Is Home Depot a good buy today?
Home Depot is expected to post earnings of $3.67 per share for the current quarter, representing a year-over-year change of -4.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
Where will HD stock be in 5 years?
Based on our forecasts, a long-term increase is expected, the "HD" stock price prognosis for 2027-06-25 is 535.375 USD. With a 5-year investment, the revenue is expected to be around +91.84%. Your current $100 investment may be up to $191.84 in 2027. Get It Now!
Is HD stock undervalued?
Now 21% undervalued after recent price drop Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 4.6% per annum over the same time period.
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 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 stock go up?
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 Costco stock a buy?
Analysts expect Costco's revenue and earnings per share to rise by 15% and 16%, respectively, in fiscal 2022. Next fiscal year, they expect its revenue to grow 8% and earnings per share to increase 10%. That would be impressive growth, but Costco's stock already trades at more than 30 times next year's earnings.
Is Lowes stock a buy right now?
Lowe's is expected to post earnings of $3.25 per share for the current quarter, representing a year-over-year change of +1.3%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. For the current fiscal year, the consensus earnings estimate of $13.40 points to a change of +11.3% from the prior year.
Is Home Depot a blue chip stock?
The Dow Jones Industrial Average is climbing Friday morning with shares of Home Depot and American Express seeing positive growth for the blue-chip average.
Factors Aiding Growth
Wrapping Up
We are optimistic regarding Home Depot’s execution of the “One Home Depot” investment plan, which focuses on expanding supply-chain facilities, technology investments and enhancement to the digital experience.
Other Stocks to Bet On
Although the company is witnessing favorable demand conditions, rising expenses stemming from increased penetration of lumber products and transportation costs have been a concern for the company. It reported a soft gross margin in the fiscal third quarter as a result of higher cost of goods sold.
How much did Home Depot stock fall in 2021?
We have highlighted three other top-ranked stocks in the Retail - Wholesale sector, namely Tecnoglass TGLS, Lowe's Companies LOW and Fastenal FAST.
What is a break in a horizontal trend?
The Home Depot Inc (The) stock price fell by -0.10% on the last day (Tuesday, 23rd Nov 2021) from $408.79 to $408.37. During the day the stock fluctuated 1.66% from a day low at $403.01 to a day high of $409.68. The price has risen in 6 of the last 10 days and is up by 10.18% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -447 thousand shares and in total, 4 million shares were bought and sold for approximately $1.45 billion.
Is Home Depot stock good in the short term?
A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Is Home Depot Inc (The) stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Home Depot Inc (The) stock to perform well in the short-term.
How much does Home Depot make in 2021?
Home Depot Inc (The) holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
What is the market cap of Home Depot?
Meanwhile, Home Depot's fundamental track record is exemplary. In the fiscal year ended in January 2011, the company earned $2.03 per share. In FY 2021, EPS measured $12.03, up 17%. The Street expects earnings to grow 21% to $14.58 a share in FY 2022 ending in January that year, according to IBD data.
How many Home Depot stores are there in the US?
Home Depot ( HD) is one of the biggest companies in the U.S. with a market cap of around $328 billion. The Atlanta-based home-improvement retailer is often viewed as a proxy for the U.S. housing market.
Is HD Stock A Buy Right Now?
Home Depot operates more than 2,200 Home Depot stores across the U.S., Canada and Mexico. Its stellar history began with two store openings in 1979. Its fundamental story of offering a "huge variety of merchandise at great prices with highly-trained staff" sparked a tremendous stock move in the 1980s and into the early 1990s.
What are the different grades for stocks?
But amid the current uptrend, shares of the retailer are extended past a cup with handle's 338.65 buy point, according to IBD MarketSmith chart analysis. With the stock out of buy range, the stock is no longer a buy right now. Wait for a new base to form, which would offer a new entry.
What is an X industry?
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.
How many sectors are there in Zacks?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
How many stores does Home Depot have?
The Zacks Sector Rank assigns a rating to each of the 16 Sectors based on their average Zacks Rank.
Does Zackstrade endorse or recommend investment strategies?
Based on net sales, The Home Depot Inc. is the world’s largest home improvement specialty retailer with 2,291 retail stores across the globe as of the end of fiscal 2019. It offers a diverse range of branded and proprietary home improvement items, building materials, lawn and garden products, décor products and related services.#N#With the help of its stores, the company operates throughout the United States (including Puerto Rico and the territories of the Virgin Islands and Guam), Canada and Mexico and employs more than 300,000 associates. The company’s average store ...
Is Home Depot up in 2020?
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Is Home Depot doing well in a recession?
That's impressive, as this is already a massive retailer -- and it's even more impressive given that the retail industry overall is in various stages of rebounding from disaster. But not Home Depot.
Is Home Depot going to repurchase its shares in 2020?
Nevertheless, as the economy slowly starts to put itself back together in the months ahead, Home Depot has a solid foundation to build on. Retail, particularly any involving home-improvement spending, often takes a serious hit during a recession. This current downturn is by no means normal, but the fact that Home Depot is doing well speaks to the big-box store's resilient customer base, as well as the power of its e-commerce business and investments in flexible order fulfillment. The stay-at-home bump isn't going to last forever, but this retailer is one of the best ones around.
