Understanding Home Depot Outstanding Shares and Stock Value

Home Depot's outstanding shares refer to the total number of shares of stock that are currently issued and outstanding, and can be used to calculate the company's market capitalization.

The number of outstanding shares is a key metric for investors, as it helps determine the company's overall value. This is especially important for Home Depot, which has a large market capitalization of over $300 billion.

Home Depot's outstanding shares have fluctuated over the years, with a high of over 2.5 billion shares in 2020 and a low of around 1.8 billion shares in 2015. This fluctuation is largely due to the company's stock buybacks and issuance of new shares.

As of 2022, Home Depot has a total of 1.93 billion outstanding shares, which is a decrease of around 100 million shares from the previous year.

Home Depot has 993.36 million shares outstanding, which is a significant number that can impact the company's financial performance.

Over the past year, the number of shares has decreased by -1.54%, indicating a slight decline in ownership.

Here are the key share statistics for Home Depot:

As you can see from the table, institutions own a significant portion of Home Depot's shares, at 72.04%.

The Home Depot's stock price has increased by a significant +15.07% in the last 52 weeks.

This increase is a notable trend, and it's worth noting that the company's price volatility has been similar to the market average, with a beta of 1.05.

The 50-Day Moving Average is currently at 406.10, indicating a relatively stable stock price in the short term.

The 200-Day Moving Average is at 372.69, which suggests a slight upward trend in the long term.

The Relative Strength Index (RSI) is at 60.34, which is a neutral reading, indicating that the stock price is not significantly overbought or oversold.

Here's a summary of the key stock performance metrics:

The average price target for The Home Depot is $423.96, which is 3.57% higher than the current price.

This forecast comes from a consensus of 28 analysts, all of whom have a "Buy" rating for the company.

The analysts are predicting a 3.97% revenue growth over the next 5 years, which is a significant increase.

Here's a breakdown of the forecast:

These forecasts suggest that The Home Depot is a strong investment opportunity, with significant potential for growth.

The analyst forecast for The Home Depot is quite promising. The average price target for the company is $423.96, which is 3.57% higher than the current price.

This suggests that analysts are optimistic about the company's future performance. The consensus rating is "Buy", indicating that most analysts believe the stock will increase in value.

Breaking down the analyst forecast, we can see that the revenue growth forecast over the next 5 years is 3.97%. This is a relatively modest growth rate, but it's still a positive sign.

EPS growth is also expected to be strong, with a forecast of 6.62% over the next 5 years. This could lead to increased earnings per share for investors.

Here's a summary of the analyst forecast:

Overall, the analyst forecast for The Home Depot looks positive, with a strong consensus rating and promising growth forecasts.

Home Depot's peer comparison is a crucial aspect of understanding its performance. Home Depot's revenue growth rate is lower than Lowe's, with a 5% increase in 2020 compared to Lowe's 6% increase.

Lowe's has been investing heavily in its e-commerce platform, which has contributed to its higher revenue growth rate. However, Home Depot's strong brand recognition and loyal customer base have helped it maintain a competitive edge.

Home Depot's operating margin is higher than Lowe's, at 14.5% in 2020 compared to Lowe's 13.5%. This is due in part to Home Depot's efficient supply chain management and cost control strategies.

Home Depot has a larger market share than Lowe's, with a 35% share of the US home improvement market compared to Lowe's 30%. This gives Home Depot a significant advantage in terms of scale and bargaining power.