Dwelling Depot (NYSE:HD) Given New $420.00 Worth Goal at DA Davidson

Dwelling Depot (NYSE:HD) had its worth goal boosted by DA Davidson from $395.00 to $420.00 in a analysis report report printed on Thursday morning, The Fly stories.

Quite a lot of different analysis analysts have additionally issued stories on HD. Loop Capital boosted their goal worth on shares of Dwelling Depot from $325.00 to $340.00 and gave the corporate a maintain ranking in a analysis observe on Wednesday, November seventeenth. Jefferies Monetary Group boosted their goal worth on shares of Dwelling Depot from $369.00 to $455.00 and gave the corporate a purchase ranking in a analysis observe on Wednesday, November seventeenth. Robert W. Baird boosted their goal worth on shares of Dwelling Depot from $360.00 to $425.00 and gave the corporate an outperform ranking in a analysis observe on Tuesday, November sixteenth. Truist Securities boosted their goal worth on shares of Dwelling Depot from $325.00 to $420.00 and gave the inventory a maintain ranking in a report on Wednesday, November seventeenth. Lastly, UBS Group boosted their worth goal on shares of Dwelling Depot from $410.00 to $440.00 and gave the corporate a purchase ranking in a report on Wednesday, November seventeenth. Seven funding analysts have rated the inventory with a maintain ranking and nineteen have given a purchase ranking to the corporate’s inventory. In keeping with knowledge from MarketBeat, the corporate presently has a mean ranking of Purchase and a mean worth goal of $413.13.

Shares of NYSE:HD opened at $415.01 on Thursday. The corporate has a fast ratio of 0.37, a present ratio of 1.13 and a debt-to-equity ratio of 35.47. Dwelling Depot has a fifty-two week low of $246.59 and a fifty-two week excessive of $420.61. The agency has a 50-day easy shifting common of $393.52 and a 200 day easy shifting common of $351.80. The corporate has a market cap of $433.37 billion, a PE ratio of 27.74, a P/E/G ratio of two.10 and a beta of 0.98.

Dwelling Depot (NYSE:HD) final introduced its quarterly earnings knowledge on Tuesday, November sixteenth. The house enchancment retailer reported $3.92 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.51. Dwelling Depot had a internet margin of 10.79% and a return on fairness of 786.90%. The enterprise had income of $36.82 billion through the quarter, in comparison with the consensus estimate of $34.87 billion. Throughout the identical quarter within the prior yr, the agency earned $3.18 EPS. The corporate’s income for the quarter was up 9.8% in comparison with the identical quarter final yr. As a bunch, analysis analysts forecast that Dwelling Depot will submit 15.49 EPS for the present fiscal yr.

The agency additionally just lately disclosed a quarterly dividend, which was paid on Thursday, December sixteenth. Stockholders of document on Thursday, December 2nd have been issued a $1.65 dividend. The ex-dividend date was Wednesday, December 1st. This represents a $6.60 dividend on an annualized foundation and a dividend yield of 1.59%. Dwelling Depot’s dividend payout ratio (DPR) is presently 44.12%.

In different information, CFO Richard V. Mcphail bought 14,544 shares of the enterprise’s inventory in a transaction dated Wednesday, November seventeenth. The shares have been bought at a mean worth of $392.83, for a complete worth of $5,713,319.52. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by means of this hyperlink. Additionally, EVP Teresa Wynn Roseborough bought 18,878 shares of the enterprise’s inventory in a transaction dated Wednesday, November seventeenth. The shares have been bought at a mean worth of $395.19, for a complete transaction of $7,460,396.82. The disclosure for this sale could be discovered right here. 0.18% of the inventory is owned by firm insiders.

Hedge funds and different institutional traders have just lately modified their holdings of the enterprise. Windfall Capital Advisors LLC raised its stake in Dwelling Depot by 2.2% through the second quarter. Windfall Capital Advisors LLC now owns 15,783 shares of the house enchancment retailer’s inventory price $5,033,000 after buying an extra 343 shares within the final quarter. Unified Belief Firm N.A. lifted its holdings in shares of Dwelling Depot by 6.9% within the 2nd quarter. Unified Belief Firm N.A. now owns 18,874 shares of the house enchancment retailer’s inventory price $6,019,000 after buying an extra 1,216 shares within the final quarter. GW Henssler & Associates Ltd. lifted its holdings in shares of Dwelling Depot by 4.7% within the 2nd quarter. GW Henssler & Associates Ltd. now owns 25,494 shares of the house enchancment retailer’s inventory price $8,130,000 after buying an extra 1,156 shares within the final quarter. WINTON GROUP Ltd bought a brand new stake in Dwelling Depot within the 2nd quarter valued at $2,422,000. Lastly, SG Americas Securities LLC raised its place in Dwelling Depot by 29.6% within the third quarter. SG Americas Securities LLC now owns 178,283 shares of the house enchancment retailer’s inventory valued at $58,523,000 after shopping for an extra 40,707 shares over the past quarter. 69.35% of the inventory is owned by hedge funds and different institutional traders.

About Dwelling Depot

The Dwelling Depot, Inc engages within the sale of constructing supplies and residential enchancment merchandise. Its merchandise embody constructing supplies, residence enchancment merchandise, garden and backyard merchandise and decor merchandise. The agency operates by means of the next geographical segments: U.S., Canada and Mexico. It provides residence enchancment set up companies, and power and tools rental.

See Additionally: Quantitative Easing

The Fly logo

Analyst Recommendations for Home Depot (NYSE:HD)

Need Extra Nice Investing Concepts?

Previous post Dwell weblog: Updates on snowy climate shifting into DMV in a single day
Next post 20 Dwelling Renovations That Will Damage Your Dwelling’s Worth