Home Depot, Inc (NYSE: HD): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

HD belongs to the Consumer Cyclical sector of the NYSE while operating in the Home Improvement Retail industry. The current market capitalization of Home Depot, Inc is $410.68B. A total of 2.34 million shares were traded on the day, compared to an average of 3.35M shares.

In the most recent transaction, Bastek William D sold 2,969 shares of HD for 416.61 per share on Nov 22 ’24. After the transaction, the EVP, Merchandising now owns 21,514 company shares. In a previous transaction on Nov 22 ’24, Bastek William D bought 2,969 shares at 416.61 per share.

Among the insiders who sold shares, Campbell Ann Marie disposed of 100 shares on Nov 20 ’24 at a per-share price of $402.58. This resulted in the Senior EVP holding 12,465 shares of HD after the transaction. In another insider transaction, Hourigan Timothy A. sold 16,004 shares at $409.52 per share on Nov 18 ’24. Company shares held by the EVP – Human Resources now total 77,475.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Home Depot, Inc pays an annual dividend of $9.00, resulting in a dividend yield of 2.18%, and it has a price to earnings (P/E) ratio of 28.09. HD’s most recent ex-dividend date was 2.22% when it declared a $2.25 quarterly dividend that was paid in cash on 11/27/2024. Previously, the company paid the dividend on 8/29/2024 with an ex-dividend date of 2.5%. The HD stock dividend was $2.25 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, HD has a high of $439.37 and a low of $323.77.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HD’s latest balance sheet shows that the firm has $2.34B in Cash & Short Term Investments as of fiscal 2022. There were $46.27B in debt and $28.69B in liabilities at the time. Its Book Value Per Share was $5.83, while its Total Shareholder’s Equity was -$1.70B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HD is Buy with a score of 4.42.

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