HD

Don't Buy Home Depot (HD) Before Checking Its Fundamentals!

After moving 1.6% during today's afternoon session, Home Depot is now trading at a price of $308.43 per share. On average, analysts give it a target price of $329.97.

The Home Depot, Inc. operates as a home improvement retailer.

Home Depot Investors Should Consider This:

  • Home Depot has moved -1.0% over the last year.

  • The company has a price to earnings growth (PEG) ratio of 6.29. A number between 0 and 1 could mean that the market is undervaluing Home Depot's estimated growth potential

  • Its Price to Book (P/B) ratio is 214.78

  • Home Depot currently returns an annual dividend yield of 0.7%.

Understanding Home Depot's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023 157,403,000 28,739,000 15 0.0
2022 151,157,000 27,792,000 15 7.14
2021 132,110,000 26,575,000 14 0.0
2020 110,225,000 21,729,000 14 0.0
2019 108,203,000 21,630,000 14 -6.67
2018 100,904,000 19,675,000 15

Over the last 6 years, Home Depot's operating margins have averaged 14.5%, which is similar to the 13.85% Home Improvement Retail industry average. We also note that the company's operating margins have a high coefficient of variability at 33.7%. The firm's margins exhibit a relatively stable growth trend of 0.3%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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