Home Depot, Inc. (The) (NYSE:HD) had its price objective lifted by equities research analysts at Argus from $180.00 to $190.00 in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the home improvement retailer’s stock. Argus’ price objective points to a potential upside of 13.43% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Oppenheimer Holdings, Inc. set a $178.00 price objective on Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, August 15th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Home Depot, Inc. (The) in a research report on Monday, July 24th. Wedbush reaffirmed a “market perform” rating on shares of Home Depot, Inc. (The) in a research report on Wednesday, August 16th. Zacks Investment Research lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, BidaskClub upgraded Home Depot, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $175.66.

Home Depot, Inc. (NYSE:HD) traded up $2.03 during mid-day trading on Wednesday, reaching $167.50. The company had a trading volume of 4,587,900 shares, compared to its average volume of 4,403,792. Home Depot, Inc. has a one year low of $125.70 and a one year high of $168.14. The company has a current ratio of 1.23, a quick ratio of 0.48 and a debt-to-equity ratio of 9.54. The company has a market cap of $197,730.00, a price-to-earnings ratio of 22.98, a PEG ratio of 1.68 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings data on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.81 by $0.03. Home Depot, Inc. (The) had a return on equity of 238.88% and a net margin of 8.66%. The company had revenue of $25.03 billion during the quarter, compared to analyst estimates of $24.53 billion. During the same quarter last year, the company earned $1.60 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. equities research analysts predict that Home Depot, Inc. will post 7.37 earnings per share for the current year.

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In other Home Depot, Inc. (The) news, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the sale, the executive vice president now directly owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the firm’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the sale, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of the business. Jackson Grant Investment Advisers Inc. raised its holdings in Home Depot, Inc. (The) by 0.4% during the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after acquiring an additional 6 shares during the period. Mascoma Wealth Management LLC increased its holdings in shares of Home Depot, Inc. (The) by 0.6% in the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock worth $175,000 after purchasing an additional 7 shares during the last quarter. Paragon Wealth Strategies LLC increased its holdings in shares of Home Depot, Inc. (The) by 0.4% in the second quarter. Paragon Wealth Strategies LLC now owns 1,825 shares of the home improvement retailer’s stock worth $280,000 after purchasing an additional 7 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. increased its holdings in shares of Home Depot, Inc. (The) by 0.3% in the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock worth $400,000 after purchasing an additional 9 shares during the last quarter. Finally, Silicon Valley Capital Partners increased its holdings in shares of Home Depot, Inc. (The) by 0.6% in the second quarter. Silicon Valley Capital Partners now owns 1,485 shares of the home improvement retailer’s stock worth $228,000 after purchasing an additional 9 shares during the last quarter. 71.36% of the stock is currently owned by institutional investors and hedge funds.

Home Depot, Inc. (The) Company Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Analyst Recommendations for Home Depot, Inc. (The) (NYSE:HD)

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