Increase Your Position or Hold? A Deeper Look at The Home Depot, Inc. (HD) Stock

Decker Edward P., EVP, Merchandising, subtracted 22,908 shares of The Home Depot, Inc. (HD) from its portfolio at the rate of $227.15 per share valuing $5,203,552 on Aug 29. The insider left behind 64,435 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $220.05, with a 2nd Resistance Point sitting at $222.49. Meanwhile, this company’s stock has a 1st Support Level at $216.32 and a 2nd Support Level at $215.03. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of The Home Depot, Inc. (HD) was $217.62. The Home Depot, Inc. (HD) stock has lost -$0.41, or -0.36%, in the past five days. In the last full month, these shares have lost -$19.72, or -8.31%. In the past three months, this stock’s price has fallen by -$10.29, or -4.51%. This year-to-date, The Home Depot, Inc. (HD) shares have gained $45.80, or 26.66%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For The Home Depot, Inc. (HD) stock, Hold % of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”

With 1,090,831 K shares outstanding, this company currently has a market capitalization of $240,539,152K. The Home Depot, Inc. (HD) generates $108,203 M in annual sales, amounting to annual net income of $11,121 M. This stock has generated a 1-Year Total Return of 20.69%, a 3-Year Total Return of 69.79%, and a 5-year Total Return of 121.31%. This stock’s 5-Year Dividend Growth is 164.10%, with its most recent dividend valued at $1.360 per share on 09/04/19. Its Annual Dividend Yield is 2.47%, and its Annual Dividend Rate is 5.44.

In the most recently-reported fiscal quarter, which ended in 10/19, The Home Depot, Inc. (HD) reported earnings of $2.53 per share. Wall Street analysts, on average, were expecting the company to report earnings of $2.53 per share, representing equal. In the previous quarter ending in 07/19, the reported earnings of $3.17 represented a 0.10 difference from the consensus estimate calling for $3.07 per share, which was a 3.26% surprise.

For the current fiscal quarter, which is set to end in 01/2020, the average earnings estimate is $2.10 per share. This estimate came from a total of 12 Wall Street Analysts. Of those market experts, the high estimate was $2.22 and the low estimate was $2.05. In the year-ago quarter, The Home Depot, Inc. (HD) generated per-share earnings of $2.25. If the analysts are correct about the current quarter’s earnings, the growth will be -6.67%.

Turning our focus now to insider trading activity, there have been 1 purchases (1,143 shares in total) and 5 sale (3,507 shares in total) in the last 3 months. In the last 6 months, there have been 10 insider buys amounting to 219,099 shares and 19 insider sales amounting to 318,830 shares. In the past full year, 34 insider purchases were made (involving 483,086 shares) and 58 insider sell-offs equivalent to 591,273 shares.

Moving onto liquidity, The Home Depot, Inc. (HD) has a Current Ratio of 1.11, a Quick Ratio of 0.28 and a Cash Ratio of 0.11. Looking at this company’s capital structure, its Total Debt to Total Capital is 106.87, and its Total Debt to Total Assets is now 66.36. Looking even further ahead into the future, its Long-Term Debt to Equity is 15.01.