The Home Depot, Inc. (HD) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents

Home Depot Adds Security Measures, Remains Committed to High-Theft Locations Home Depot will open four distribution centers as it looks to home pros to drive sales growth THE HOME DEPOT EXPANDS PRO ECOSYSTEM WITH FOUR NEW DISTRIBUTION CENTERS DESIGNED TO BRING CONVENIENCE AND RELIABILITY TO PRO CUSTOMERS The Home Depot Foundation invests $1 million to train skilled tradespeople to rebuild communities after disasters Dow Stocks To Trade In March Stories around Home Depot and Lowe's earnings failed to include nuance, says Jim Cramer Jim Cramer talks what investors can learn from Home Depot Home Depot stock has 14% downside after Q4 earnings – analyst says HD, LOW, W, WSM: The Home Improvement Retail Segment HD, TGT, WMT: Post-Holiday Retail Trends Home improvement sector under pressure, analyst says expect a low decline in 2024 Walmart and Home Depot earnings show the 'Consumer is resilient': Analyst 3-Stock Lunch: HD, CAT & APR Home Depot Q4 earnings: Analyst says lower rates will help company 'regain momentum' Walmart (WMT) To Buy Vizio (VZIO) & Home Depot's (HD) Year Of Moderation Headwinds hitting Home Depot result in weakening sales and expectations for 2024 Home Depot Sees Continued Headwinds as High Interest Rates Hurt Big-Ticket Spending Home Depot revenue declines for 5th quarter in a row Walmart is 'much, much better positioned' than Home Depot: Forrester Research's Sucharita Kodali Oppenheimer's Brian Nagel on Home Depot Q4 results: This is a macro-driven story Home Depot beat earnings and revenue estimates even as sales fell Home Depot Revenue Declines for Fifth Straight Quarter Inflation is impacting Walmart, housing cycles are driving Home Depot, says Stacey Widlitz Home Depot forecasts 2024 sales below estimates on slowing demand Home Depot's stock drops after U.S. same-store sales miss, downbeat outlook FAQs

Home Depot Adds Security Measures, Remains Committed to High-Theft Locations

Despite rampant retail theft forcing many retailers to close their doors,Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California...

1 day ago - PYMNTS

Home Depot will open four distribution centers as it looks to home pros to drive sales growth

Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year.

2 days ago - CNBC

THE HOME DEPOT EXPANDS PRO ECOSYSTEM WITH FOUR NEW DISTRIBUTION CENTERS DESIGNED TO BRING CONVENIENCE AND RELIABILITY TO PRO CUSTOMERS

ATLANTA , March 14, 2024 /PRNewswire/ -- The Home Depot is opening four new distribution centers, expanding its pro ecosystem to Detroit, southern Los Angeles, San Antonio and Toronto in 2024. The new...

2 days ago - PRNewsWire

The Home Depot Foundation invests $1 million to train skilled tradespeople to rebuild communities after disasters

New grant to Team Rubicon will deploy more local skilled tradespeople to communities impacted by natural disasters ATLANTA , March 4, 2024 /PRNewswire/ -- To further extend its mission of training the...

12 days ago - PRNewsWire

Dow Stocks To Trade In March

For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month.

Other symbols: AMZNAXPCATJPM

13 days ago - Forbes

Stories around Home Depot and Lowe's earnings failed to include nuance, says Jim Cramer

'Mad Money' host Jim Cramer takes a look at recent headlines around earnings and why he thinks there needs to be a change.

Other symbols: LOW

16 days ago - CNBC Television

Jim Cramer talks what investors can learn from Home Depot

Home Depot stock has 14% downside after Q4 earnings – analyst says

An HSBC analyst just turned bearish on Home Depot Inc (NYSE: HD) even though it reported better-than-expected quarterly earnings report a day earlier. Home Depot stock has downside to $323 Daniela Bre...

24 days ago - Invezz

HD, LOW, W, WSM: The Home Improvement Retail Segment

Does Home Depot (HD) or Lowe's (LOW) come out on top? Seth Basham discusses Home Depot versus Lowe's, as well as the takeaways from Home Depot's earnings.

Other symbols: LOWWWSM

24 days ago - Schwab Network

HD, TGT, WMT: Post-Holiday Retail Trends

Home Depot (HD) visits were down 5.5% in December and 1.6% in November. R.J. Hottovy discusses the post-holiday trends of big box retailers.

Other symbols: TGTWMT

24 days ago - Schwab Network

Home improvement sector under pressure, analyst says expect a low decline in 2024

Home Depot (HD) reported declining sales in its fourth-quarter earnings. CEO Edward Decker pointed to higher interest rates as a headwind challenging the home improvement retailer's demand.

24 days ago - Yahoo Finance

Walmart and Home Depot earnings show the 'Consumer is resilient': Analyst

Walmart (WMT) saw major upsides to consistent sales growth, as outlined in its fourth-quarter earnings beat. Home Depot (HD), on the other hand, cited sales declines and a weakened full-year outlook i...

Other symbols: WMT

24 days ago - Yahoo Finance

3-Stock Lunch: HD, CAT & APR

Courtney Garcia, Payne Capital, joins 'Power Lunch' to discuss stock plays for three companies including: Home Depot, Caterpillar and Gold.

Other symbols: CAT

24 days ago - CNBC Television

Home Depot Q4 earnings: Analyst says lower rates will help company 'regain momentum'

Home Depot (HD) reported fourth-quarter earnings that beat analyst estimates. The home improvement retailer saw same-store sales fall 3.5% year-over-year.

24 days ago - Yahoo Finance

Walmart (WMT) To Buy Vizio (VZIO) & Home Depot's (HD) Year Of Moderation

Walmart (WMT) beats on earnings and announces a deal to buy Vizio (VZIO). Jenny Horne discusses this along with Home Depot's (HD) earnings.

Other symbols: VZIOWMT

25 days ago - Schwab Network

Headwinds hitting Home Depot result in weakening sales and expectations for 2024

Home Depot's sales continued to fade during the fourth quarter as the country's largest home improvement retailer feels the impact of high mortgage rates and inflation on its customers.

25 days ago - Fast Company

Home Depot Sees Continued Headwinds as High Interest Rates Hurt Big-Ticket Spending

Home Depot Inc. (HD) on Tuesday reported declines in sales and earnings for its fiscal 2023 fourth quarter as customers cut back on home improvement spending in a high interest-rate environment.

25 days ago - Investopedia

Home Depot revenue declines for 5th quarter in a row

Shares of Home Depot (HD) slide Tuesday morning after the home improvement retailer reported disappointing fourth-quarter results and 2024 sales guidance. Home Depot posted a 3.5% drop in global same-...

25 days ago - Yahoo Finance

Walmart is 'much, much better positioned' than Home Depot: Forrester Research's Sucharita Kodali

Sucharita Kodali, Forrester Research retail analyst, joins 'Squawk Box' to break down the quarterly earnings results from Home Depot and Walmart.

Other symbols: FORRWMT

25 days ago - CNBC Television

Oppenheimer's Brian Nagel on Home Depot Q4 results: This is a macro-driven story

Brian Nagel, Oppenheimer senior equity research analyst, joins 'Squawk Box' to break down Home Depot's quarterly earnings results, which surpassed Wall Street's earnings and revenue expectations desp...

25 days ago - CNBC Television

Home Depot beat earnings and revenue estimates even as sales fell

CNBC's Courtney Reagan joins 'Squawk Box' to break down the company's quarterly earnings results.

25 days ago - CNBC Television

Home Depot Revenue Declines for Fifth Straight Quarter

Home Depot Inc. saw comparable sales fall 3.5% in its fiscal fourth quarter while revenue declined for a fifth consecutive quarter. Drew Reading of Bloomberg Intelligence has the details.

25 days ago - Bloomberg Markets and Finance

Inflation is impacting Walmart, housing cycles are driving Home Depot, says Stacey Widlitz

Stacey Widlitz, SW Retail Advisors President, discusses earnings from Walmart and Home Depot.

Other symbols: WMT

25 days ago - CNBC Television

Home Depot forecasts 2024 sales below estimates on slowing demand

Home Depot forecast annual sales below Wall Street estimates on Tuesday, signaling that lackluster home-improvement demand would continue to affect the company this year as people tighten spending on ...

25 days ago - Reuters

Home Depot's stock drops after U.S. same-store sales miss, downbeat outlook

Shares of Home Depot Inc. HD, +0.35% shed 1.8% in premarket Tuesday, after the home improvement retail giant reported fiscal fourth-quarter same-U.S. store sales that missed expectations and provided ...

25 days ago - Market Watch

FAQs

The Home Depot, Inc. (HD) Stock Price, Quote & News - Stock Analysis? ›

Based on analyst ratings, Home Depot's 12-month average price target is $385.39. Home Depot has 5.97% upside potential, based on the analysts' average price target. Home Depot has a consensus rating of Moderate Buy which is based on 18 buy ratings, 7 hold ratings and 2 sell ratings.

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Is HD a good stock to buy now? ›

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What is the 52 week high for HD stock? ›

The Home Depot 52-week high stock price is 396.87, which is 9.1% above the current share price. The Home Depot 52-week low stock price is 274.26, which is 24.6% below the current share price. The average Home Depot stock price for the last 52 weeks is 337.09.

Is HD overvalued? ›

Share Price vs Fair Value

For this estimate we use a Discounted Cash Flow model. Significantly Below Fair Value: HD is trading below fair value, but not by a significant amount.

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What is the prediction for Home Depot stock? ›

Based on short-term price targets offered by 28 analysts, the average price target for Home Depot comes to $386.61. The forecasts range from a low of $318.00 to a high of $426.00. The average price target represents an increase of 6.9% from the last closing price of $361.67.

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Is Home Depot stock undervalued? ›

Intrinsic Value. The intrinsic value of one HD stock under the Base Case scenario is 244.68 USD. Compared to the current market price of 359.51 USD, Home Depot Inc is Overvalued by 32%.

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What is the future of HD stock? ›

Stock Price Forecast

The 26 analysts with 12-month price forecasts for The Home Depot stock have an average target of 378.04, with a low estimate of 315 and a high estimate of 425.

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What will HD stock price be in 2030? ›

According to our Home Depot stock prediction for 2030, HD stock will be priced at $ 869.54 in 2030. This forecast is based on the stock's average growth over the past 10 years.

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What happens when a stock reaches its 52 week high? ›

When a stock reaches a new 52-week high, it indicates positive momentum and suggests that the stock's price has been consistently rising over the past year. This can attract more investors and traders who see the stock as a strong performer and may be interested in riding the upward trend.

What is the consensus for HD stock? ›

Stock Price Target HD

High	^$426.00
Median	^$390.00
Low	^$315.00
Average	^$382.41
Current Price	^$359.51

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Should I keep Home Depot stock? ›

HD Signals & Forecast

The Home Depot stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

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What is the problem with Home Depot stock? ›

Home Depot underperformed the S&P 500 over the past three years. High interest rates and a soft housing market are throttling its sales.

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Why is Home Depot not doing well? ›

By now, you know the culprits: a slowing housing market, inflation and higher interest rates. So this past quarter offered few surprises. Home Depot reported its U.S. same-store sales down 3.2 percent, and total revenues down from $37.2 billion a year ago to $36.4 billion for the first quarter this year.

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Is Home Depot a good buy right now? ›

Home Depot stock has received a consensus rating of buy. The average rating score is A2 and is based on 73 buy ratings, 20 hold ratings, and 4 sell ratings.

What is the fair value of Home Depot stock? ›

As of 2024-07-28, the Fair Value of Home Depot Inc (HD) is 107.6 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 359.51 USD, the upside of Home Depot Inc is -70.1%.

Who is the largest shareholder of Home Depot? ›

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Bank Of America Corp /de/, and Capital Research ...

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Should I invest in Home Depot right now? ›

Home Depot stock has received a consensus rating of buy. The average rating score is A2 and is based on 73 buy ratings, 20 hold ratings, and 4 sell ratings.

Is Lowes stock expected to rise? ›

Stock Price Forecast

The 26 analysts with 12-month price forecasts for Lowe's Companies stock have an average target of 249.65, with a low estimate of 225 and a high estimate of 289. The average target predicts an increase of 1.78% from the current stock price of 245.30.

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Is Amazon a strong buy? ›

According to S&P Global Market Intelligence, the average analyst target price for AMZN stock is $221.92, representing implied upside of nearly 40% to current levels. Additionally, the consensus recommendation is Strong Buy.

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Is Huntington Ingalls a good stock to buy? ›

Huntington Ingalls Industries has 1.38% upside potential, based on the analysts' average price target. Huntington Ingalls Industries has a consensus rating of Hold which is based on 2 buy ratings, 2 hold ratings and 2 sell ratings. The average price target for Huntington Ingalls Industries is $279.83.

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