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


The leading market experts have placed a mean price target of $150.290 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 $1.340 a share for the upcoming quarter and $6.330 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 $135.356, and stock is trading $-0.261 points away or -0.193% from its 50-day moving average of $135.356. Further it is trading $4.175 or +3.189% away its 200-day moving average of $130.920. Home Depot Inc (NYSE:HD) 52-week high is $139.000 and the 52-week low is $92.170.

This explains if the stock moves $-3.905, it will post a 52-week high. In event of +46.572% 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 23.730.

The stock last ended the trading session at $135.095 and registered a market cap of $168.06B. 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 1.510.

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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