Stock To Watch: Home Depot Inc (NYSE:HD)


The leading market experts have placed a mean price target of $147.89 on Home Depot Inc (NYSE:HD) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.58 a share for the upcoming quarter and $6.31 for the current fiscal. Technical View The technical analysis of Home Depot, Inc. (The) Common S plainly substantiates that the 50-day moving average of Home Depot, Inc. (The) Common S is $129.58, and stock is hovering 1.73 or +1.33% distant from $129.58. It is noted that the 200-day MA is $128.80, and Home Depot, Inc. (The) Common S stock is $2.51 or +1.95% off from this point. Home Depot Inc (NYSE:HD) 52-week high is $137.82 and the 52-week low is $92.17. This explains if the stock moves $-6.51, it will post a 52-week high. In event of $+42.47% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Home Depot, Inc. (The) Common S, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Home Depot Inc (NYSE:HD) ratio came in at 23.07. The stock last ended the trading session at $131.31 and registered a market cap of $163.35B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Home Depot Inc (NYSE:HD) PEG ratio is at 1.49.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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