Is Home Depot stock a good buy?
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.
How high will Home Depot stock go?
Home Depot Inc (NYSE:HD) The 29 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 356.00, with a high estimate of 470.00 and a low estimate of 300.00. The median estimate represents a +19.10% increase from the last price of 298.91.
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.
When did Home Depot stock split?
Stock Splits
| Split | Record Date | Price |
|---|---|---|
| 2 for 1 | 06/01/1983 | 54 |
| 3 for 2 | 09/08/1987 | 35 7/8 |
| 3 for 2 | 06/14/1989 | 39 |
| 3 for 2 | 06/14/1990 | 57 7/8 |
Why is Home Depot stock worth so much?
Much of the value accumulated between 2011 and 2019 likely comes from the company’s ability to expand into other areas, meet consumer expectations, keep overhead relatively low, and earn strong profits.
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.
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 2027-05-26 is 571.928 USD. With a 5-year investment, the revenue is expected to be around +85.41%. Your current $100 investment may be up to $185.41 in 2027.
Will Home Depot stock go up in 2022?
Looking into the 2022 fiscal year, which ends next January, Home Depot said it sees ‘mid single digit’ earnings growth, up from its prior forecast of ‘low single digit’ gains, and comparable sales growth of around 3%.
What does Home Depot struggle with?
Rising costs, falling savings, and less free time will restrict demand while higher freight and commodity costs increase Home Depot’s supply constraints. In my view, this may result in weaker-than-expected Q3 and Q4 earnings. Even if Q3 is strong, I doubt it will last well into 2022 due to these trends.
Is Home Depot profitable?
Net earnings for fiscal 2021 were $16.4 billion , or $15.53 per diluted share, compared with net earnings of $12.9 billion , or $11.94 per diluted share in fiscal 2020. For fiscal year 2021, diluted earnings per share increased 30.1 percent versus last year.
Will Home Depot raise its dividend?
The board of The Home Depot, Inc. (NYSE:HD) has announced that it will be increasing its dividend on the 24th of March to US$1.90. This takes the annual payment to 2.2% of the current stock price, which is about average for the industry.
How do you Buy Home Depot stock?
– Get a free copy of the StockNews.com research report on Home Depot (HD) – The Institutions Are Buying Reynolds Consumer Products – Don’t Buy Into Canopy Growth’s Earnings Outlook – XPO Logistics Gets The Market Back In Gear – The Trend Still Appears to be a Friend of Simon Property Group – Harley-Davidson Roars Back To Life
How to buy Home Depot stock?
Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they’ve reported. Home Depot appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock
What is the value of Home Depot stock?
The all-time high Home Depot stock closing price was 416.18 on December 07, 2021. The Home Depot 52-week high stock price is 420.61, which is 5.9% above the current share price. The Home Depot 52-week low stock price is 246.59, which is 37.9% below the current share price. The average Home Depot stock price for the last 52 weeks is 323.70.
What is the market share of Home Depot?
The Home Depot Inc., whose market valuation is $342.22 billion at the time of this Analysts have predicted the quarterly earnings per share to grow by $4.44 per share this quarter, however they have predicted annual earnings per share of $14.57 for