Analyst Ratings for Home Depot Inc. (HD)

Updated: 2017-07-28

An average rating of Overweight has been given to Home Depot Inc. (NYSE:HD) by analysts covering the stock. About 30 days ago, HD was issued an average rating of Overweight.

A buy rating was issued by 19 analysts, 2 issued an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

HD was given price targets by several analysts. The maximum price target given was 182, which equates to a potential upside of 23.2 percent. The most pessimistic analyst gave a price target of 152, implying a possible loss of 2.89 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.45 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.7 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

HD has an estimated earnings growth rate of 8.97 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HD is 2.47.

In the trailing 52-weeks, HD hit 160.86 at the highest peak, while it's lowest trading point was 119.20. Currently the stock is 23.93 percent higher than its low, and 8.16 percent below the high. HD has a price/earnings ratio of 22.12. Investors typically compare the P/E ratio to a company's peers in the industry. The HD value stock report compares HD to some of its peers using value stock charts. The market cap of HD is $175.38 billion. HD's next earnings release will be on 0000-00-00, which is days away.