Fundamentals for The Home Depot, Inc.
HD's current ratio is 1.078, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial st...
Business Operations:
Sector: Consumer CyclicalIndustry: Home Improvement Retail
The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company serves consumers, such as do-it-yourself homeowners and do-it-for-me customers; and professional renovators/remodelers, general contractors, small to medium homebuilders, maintenance professionals, handymen, property managers, building service contractors and specialty tradespeople, such as electricians, landscapers, plumbers, painters, pool contractors, and roofers. It sells its products through websites and its mobile applications, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, justblinds.com, and americanblinds.com for custom window coverings; thecompanystore.com, an online site for textiles and décor products; hdsupply.com for maintenance, repair, and operations products and related services; and srsdistribution.com, heritagelandscapesupplygroup.com, and heritagepoolsupplygroup.com for roofing and building materials, landscape, and pool products; and The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is headquartered in Atlanta, Georgia.
Revenue projections:
Financial Ratios:
| currentRatio | 1.078000 |
|---|---|
| forwardPE | 18.382053 |
| debtToEquity | 380.261000 |
| earningsGrowth | 0.046000 |
| revenueGrowth | 0.057000 |
| grossMargins | 0.328010 |
| operatingMargins | 0.128580 |
| trailingEps | 14.300000 |
| forwardEps | 15.989510 |
HD's current ratio is 1.078, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as HD should not face any issues meeting its short-term liabilities with available resources.
HD's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
The Home Depot, Inc.'s elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty.
HD's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting HD to generate stronger earnings compared to the previous financial year.
Price projections:
Insider Transactions:
12 sales transactions of The Home Depot, Inc. were conducted, with market price at 365.1777648925781.No sell transactions were carried out during the period under review.The Home Depot, Inc. is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.
Recommendation changes over time:
Recent analysis shows a strong buy bias for HD, encouraging investors to view it as a solid investment option. The positive sentiment surrounding HD suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.