Did The Home Depot, Inc. (HD) Catch A Cold, Flu Or Worse?

Wall Street analysts will be watching closely when The Home Depot, Inc. (NYSE:HD) reports its quarterly earnings next, which is scheduled for Tue 19 Feb (In 37 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $2.23 per share. In the preceding quarter, the company reportedly generated EPS of $2.51 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 14.50%, a profit margin of 10.00% and a gross margin of 34.30%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of The Home Depot, Inc. (NYSE:HD). Most recently, on November 16th, 2018, BofA/Merrill Downgrade a Neutral rating. Before that, on October 23rd, 2018, Morgan Stanley Reiterated to Overweight. Credit Suisse Downgrade a Neutral rating on October 17th, 2018, Wells Fargo Initiated an Outperform rating on April 24th, 2018, and Gabelli & Co Initiated a Buy rating on April 11th, 2018.

At its current price point, combined with the fact that this company has 1.14B shares outstanding, the current market capitalization sits at 203.63B. In the last trading day, 3,253,450 shares of The Home Depot, Inc. were traded, which compares to its usual volume of about 6.09M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $5.79 in the past five trading days, resulting in a percentage change of +3.33% and a moving average of 178.63. In the past 20 days, its price changed by $5.20 (which is +2.98%) and the stock’s moving average was 171.15. Looking back a full 50 days, shares of HD changed by $6.21 (which is +3.59%) and demonstrated a moving average of 174.69.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 86.75%, a 14-day Stochastic %K score of 91.93% and a 20-day Stochastic %K score of 91.93%. Using a similar metric, The Home Depot, Inc. (HD) shares showed a Stochastic %D of 89.29% over the past 9 days, a Stochastic %D score of 92.39% over the last 14 days, and a 20-day Stochastic %D of 92.29%. Meanwhile, this stock’s MACD Oscillator was 3.89 over the past 9 days, 7.47 over the past two weeks, and 8.25 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $179.41 level. Over the past 12 months, this stock has experienced a high price of $215.43 and a low of $158.09. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from The Home Depot, Inc. (NYSE:HD) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 81,207,852 shares of the company’s stock following the addition of 287,176 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 7.19% stake in The Home Depot, Inc. (HD)’s shares.

Just in the most recent trading day, The Home Depot, Inc. (NYSE:HD) experienced a high price of $180.26 and low point of $177.12. At the end of the last trading session, this stock was at 179.41 per share, following a loss of -$1.13, or 0.20% during the full day.