A number of firms have modified their ratings and price targets on shares of The Home Depot (NYSE: HD) recently:
The Home Depot Inc. (NYSE:HD) opened at 127.58 on Thursday. The stock’s 50 day moving average is $130.70 and its 200 day moving average is $132.58. The company has a market capitalization of $157.63 billion, a PE ratio of 21.59 and a beta of 0.97. The Home Depot Inc. has a 52 week low of $109.62 and a 52 week high of $139.00.
The Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, August 16th. The home improvement retailer reported $1.97 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.97. The company had revenue of $26.47 billion for the quarter, compared to analysts’ expectations of $26.47 billion. The Home Depot had a return on equity of 110.52% and a net margin of 8.08%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.71 earnings per share. Analysts predict that The Home Depot Inc. will post $6.33 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend was Tuesday, August 30th. The Home Depot’s dividend payout ratio (DPR) is currently 46.54%.