Home Depot Stock Buy Hold or Sell Recommendation
| HD Stock | USD 408.47 2.24 0.55% |
Allowing for the 90-day total investment horizon and your typical level of risk aversion, our recommendation regarding Home Depot is 'Strong Hold'. Macroaxis provides Home Depot buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HD positions.
Check out Home Depot Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Home Stock refer to our How to Trade Home Stock guide. Note, we conduct extensive research on individual companies such as Home and provide practical buy, sell, or hold advice based on investors' constraints. Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Home |
Execute Home Depot Buy or Sell Advice
The Home recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Home Depot. Macroaxis does not own or have any residual interests in Home Depot or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Home Depot's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Home Depot Trading Alerts and Improvement Suggestions
| Home Depot has a poor financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are owned by institutional investors | |
| On 12th of December 2024 Home Depot paid $ 2.25 per share dividend to its current shareholders | |
| Latest headline from cnet.com: Shipping Deadlines Are Coming Up, and In-Store Pickup Is Your Best Bet for Last-Minute Gifts |
Home Depot Returns Distribution Density
The distribution of Home Depot's historical returns is an attempt to chart the uncertainty of Home Depot's future price movements. The chart of the probability distribution of Home Depot daily returns describes the distribution of returns around its average expected value. We use Home Depot price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Home Depot returns is essential to provide solid investment advice for Home Depot.
| Mean Return | 0.13 | Value At Risk | -1.67 | Potential Upside | 2.22 | Standard Deviation | 1.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Home Depot historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Home Stock Institutional Investors
| Shares | Northern Trust Corp | 2024-09-30 | 10.7 M | Royal Bank Of Canada | 2024-09-30 | 10.1 M | Fisher Asset Management, Llc | 2024-09-30 | 9.4 M | International Assets Investment Management, Llc | 2024-09-30 | 8.8 M | Fmr Inc | 2024-09-30 | 8.7 M | Alliancebernstein L.p. | 2024-09-30 | 8.6 M | Bank Of New York Mellon Corp | 2024-09-30 | 8.5 M | Wellington Management Company Llp | 2024-09-30 | 8.4 M | Legal & General Group Plc | 2024-09-30 | 8.3 M | Vanguard Group Inc | 2024-09-30 | 94.9 M | Blackrock Inc | 2024-06-30 | 71.1 M |
Home Depot Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (593M) | (1.7B) | (5.4B) | (2.8B) | 4.1B | 4.3B | |
| Change In Cash | 355M | 5.8B | (5.6B) | 414M | 1.0B | 1.1B | |
| Free Cash Flow | 11.0B | 16.4B | 14.0B | 11.5B | 17.9B | 18.8B | |
| Depreciation | 2.3B | 2.5B | 2.9B | 3.0B | 3.2B | 3.4B | |
| Other Non Cash Items | 184M | 121M | 196M | 271M | 4.0B | 4.2B | |
| Dividends Paid | 6.0B | 6.5B | 7.0B | 7.8B | 8.4B | 8.8B | |
| Capital Expenditures | 2.7B | 2.5B | 2.6B | 3.1B | 3.2B | 2.3B | |
| Net Income | 11.2B | 12.9B | 16.4B | 17.1B | 15.1B | 15.9B | |
| End Period Cash Flow | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
| Change To Netincome | 453M | 431M | 595M | 504M | 579.6M | 299.9M | |
| Investments | (2.7B) | (10.2B) | (3.0B) | (3.1B) | (4.7B) | (4.5B) | |
| Net Borrowings | 2.0B | 4.1B | 2.5B | 3.4B | 3.9B | 2.3B |
Home Depot Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Home Depot or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Home Depot's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Home stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 1.20 | |
Ir | Information ratio | 0.04 |
Home Depot Volatility Alert
Home Depot has relatively low volatility with skewness of -0.03 and kurtosis of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Home Depot's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Home Depot's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Home Depot Fundamentals Vs Peers
Comparing Home Depot's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Home Depot's direct or indirect competition across all of the common fundamentals between Home Depot and the related equities. This way, we can detect undervalued stocks with similar characteristics as Home Depot or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Home Depot's fundamental indicators could also be used in its relative valuation, which is a method of valuing Home Depot by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Home Depot to competition |
| Fundamentals | Home Depot | Peer Average |
| Return On Equity | 0.4 | -0.31 |
| Return On Asset | 0.15 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 476.06 B | 16.62 B |
| Shares Outstanding | 993.36 M | 571.82 M |
| Shares Owned By Insiders | 0.06 % | 10.09 % |
| Shares Owned By Institutions | 72.15 % | 39.21 % |
| Number Of Shares Shorted | 10.54 M | 4.71 M |
| Price To Earning | 19.67 X | 28.72 X |
| Price To Book | 71.59 X | 9.51 X |
| Price To Sales | 2.68 X | 11.42 X |
| Revenue | 152.67 B | 9.43 B |
| Gross Profit | 52.78 B | 27.38 B |
| EBITDA | 24.94 B | 3.9 B |
| Net Income | 15.14 B | 570.98 M |
| Cash And Equivalents | 2.76 B | 2.7 B |
| Cash Per Share | 2.42 X | 5.01 X |
| Total Debt | 52.24 B | 5.32 B |
| Current Ratio | 1.39 X | 2.16 X |
| Book Value Per Share | 5.84 X | 1.93 K |
| Cash Flow From Operations | 21.17 B | 971.22 M |
| Short Ratio | 2.90 X | 4.00 X |
| Earnings Per Share | 14.72 X | 3.12 X |
| Price To Earnings To Growth | 5.38 X | 4.89 X |
| Target Price | 431.41 | |
| Number Of Employees | 465 K | 18.84 K |
| Beta | 1.01 | -0.15 |
| Market Capitalization | 414.21 B | 19.03 B |
| Total Asset | 76.53 B | 29.47 B |
| Retained Earnings | 83.66 B | 9.33 B |
| Working Capital | 7.76 B | 1.48 B |
| Current Asset | 16.48 B | 9.34 B |
Note: Exercise or conversion by Vanwoerkom Jack of 25938 shares of Home Depot subject to Rule 16b-3 [view details]
Home Depot Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Home . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 37410.63 | |||
| Daily Balance Of Power | (0.54) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 408.32 | |||
| Day Typical Price | 408.37 | |||
| Price Action Indicator | (0.96) | |||
| Period Momentum Indicator | (2.24) |
About Home Depot Buy or Sell Advice
When is the right time to buy or sell Home Depot? Buying financial instruments such as Home Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Home Depot in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Volatility ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Volatility ETFs theme has 27 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Volatility ETFs Theme or any other thematic opportunities.
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Check out Home Depot Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 2.25 | Earnings Share 14.72 | Revenue Per Share 156.158 | Quarterly Revenue Growth 0.066 |
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.