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.

Investment analysts gave a few price targets for HD. The highest price target was 182, implying a possible profit of 23.2 percent. The lowest price target was 152, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.45 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.7 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

HD has an estimated earnings growth rate of 8.97 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. 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. The current market price is above the trailing year's low by 23.93 percent, and 8.16 percent lower than its 52-week 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 stock has a market capitalization of $175.38 billion. HD's next earnings release will be on 0000-00-00, which is days away.