Home Depot Stock Quote and Performance Overview

Home Depot is the largest home improvement retailer in the US, with over 2,200 stores across North America.

Their stock, HD, has been a consistent performer on the market, with a market capitalization of over $300 billion.

As a result, Home Depot's stock has provided investors with a stable source of returns, with a dividend yield of around 2.5%.

With a strong track record of sales growth and profitability, Home Depot's stock is a popular choice for investors looking for a reliable addition to their portfolios.

Home Depot's revenue in 2023 was $152.67 billion, a decrease of -3.01% compared to the previous year.

The company's earnings were $15.14 billion, a decrease of -11.47%. Despite this, the stock has been a great performer, with a 177% return on investment since its inception.

Here's a snapshot of Home Depot's financial performance:

Analysts are optimistic about Home Depot's future performance, with an average rating of "Buy" and a 12-month stock price forecast of $423.96, representing a 0.66% increase from the latest price.

Take a look at this: Stock Price

The Fundamentals of a Stock are a great place to start when analyzing its potential. Market capitalization is a key metric, and in this case, it's a whopping $422,050,112.

The company has a significant number of shares outstanding, with 993,363 K shares available. Annual sales are a substantial $152,669 million, indicating a healthy revenue stream.

Breaking down the income statement, we see that annual income is $15,143 million, and EBIT (Earnings Before Interest and Taxes) is $24,080 million. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is $27,327 million, providing a clear picture of the company's profitability.

Here's a summary of the key fundamentals:

The beta of 1.05 indicates that the stock is moderately volatile, and the price-to-sales ratio of 2.70 suggests that the company is priced relatively high compared to its sales.

The capital structure of a company is a crucial aspect of its financial health. It's a measure of how much debt a company has compared to its equity and assets.

Total debt to total equity is a key ratio that indicates the proportion of debt to equity in a company. In this case, it's a whopping 5,004.119, which suggests that the company has a significant amount of debt relative to its equity.

The total debt to total capital ratio is 98.041, indicating that a substantial portion of the company's capital is made up of debt. This can be a concern if the company's debt burden becomes too high.

Long-term debt to equity is a specific type of debt ratio that indicates the proportion of long-term debt to equity. Here, it's 4,772.51, which is significantly higher than the total debt to equity ratio.

The long-term debt to total capital ratio is 93.503, which is also a cause for concern. This suggests that a large portion of the company's capital is tied up in long-term debt.

The total debt to total assets ratio is 68.265, which indicates that a significant portion of the company's assets are financed through debt. This can make it difficult for the company to meet its debt obligations if asset values decline.

Here's a summary of the key ratios:

Insider Actions are a crucial aspect of financial analysis, and understanding how they work can make a big difference in your investment decisions. Insider actions refer to the buying or selling of a company's stock by its top executives, directors, or major shareholders.

Insiders have access to confidential information about the company, making their trades potentially more informed than those of outside investors. For example, if a CEO buys 10,000 shares of their own company's stock, it may indicate confidence in the company's future prospects.

A study of insider actions found that when company insiders buy stock, it tends to outperform the market in the following months. This is because insiders have a deeper understanding of the company's operations and are more likely to make informed investment decisions.

Insiders are required to disclose their trades publicly, which can provide valuable information for outside investors. In the United States, insiders must file a Form 4 with the SEC within two business days of making a trade.

Check this out: Insider Trading Stocks

Analyzing insider actions can be a useful tool for investors, but it's essential to consider the context and potential motivations behind the trades. For instance, an insider selling stock may not necessarily be a bad sign, as they may be diversifying their portfolio or reducing their exposure to the company.

Financial analysis is a crucial aspect of making informed investment decisions. It involves examining financial statements to identify trends, patterns, and areas of improvement.

A company's financial health can be determined by its balance sheet, which provides a snapshot of its assets, liabilities, and equity at a particular point in time. This information can help investors understand a company's financial stability.

A company's income statement, also known as a profit and loss statement, shows its revenues and expenses over a specific period. By analyzing this statement, investors can assess a company's profitability and cash flow.

Financial ratios, such as the debt-to-equity ratio, can be used to evaluate a company's financial performance and make informed investment decisions. For example, a high debt-to-equity ratio may indicate a company's high financial risk.

A unique perspective: Compared to Growth Stocks Value Stocks' Price-earnings Ratio Is Typically

Understanding financial statements and ratios requires a solid grasp of accounting principles and financial concepts. This knowledge can help investors make informed decisions and avoid costly mistakes.

Analyzing financial statements and ratios can be a time-consuming process, but it's essential for making informed investment decisions. By taking the time to review financial statements and ratios, investors can gain valuable insights into a company's financial performance.