The Home Depot Stock Buy or Sell? HD Stocks Forecast

Market Capitalization: 293 759 877 000 $
EBITDA: 27 014 001 000 $
Price to Earnings: 17.34
Quarterly Earnings Growth YOY: 0.03
Quarterly Revenue Growth YOY: 0.003
Trailing PE: 17.34
Forward PE: 19.68
Shares Outstanding: 1014960000






The Home Depot Stock Buy or Sell? HD Stocks Analytic Forecasts

March 24, 2023 (05:53)

The Home Depot, Inc. (HD) Sector: Consumer cyclical

We present you the most up-to-date and complete review of analytical trend forecasts and views on the HD stock market. Experts share their opinions on what to expect from the The Home Depot, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell The Home Depot stocks.

The Home Depot, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy HD Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Deep Value Ideas and is titled

“Home Depot Vs. Lowe’s: Which Stock Is The Better Buy After Q4 Earnings?”

is published on March 2 (2023) and has 11 likes. The review predicts Bullish market trend.

It summarize the following theses:

  • The Home Depot, Inc. reported full-year results last week, and Lowe’s Companies, Inc. presented its results just yesterday. Investors were spooked by the rather weak guidance, sending the stocks lower.
  • The article discusses Home Depot’s and Lowe’s Companies’ performance in 2022 against the bigger picture of the last decade and the Great Recession.
  • I explain the seemingly alarming rise in debt and put it into proper perspective. Both stocks remain solid dividend growth investments, but one is clearly better.
  • Moreover, I outline my expectations for 2023 and beyond and show what returns shareholders can realistically expect.

The author starts his analytic review with the following:

Introduction The last few days have not been easy for investors in The Home Depot, Inc. (NYSE:HD) and Lowe’s Companies, Inc. (NYSE:LOW). HD reported its full-year 2022 results last week, on February 21, 2023, while LOW just released its results yesterday. After a relief rally at the end of 2022, shares of the two major U.S. home improvement retailers are again approaching the lows reached last fall. Clearly, investors had expected better results and stronger guidance. As of March 1, 2023, HD and LOW are down 30% and 26% from their all-time highs, respectively.

The opinion of the author can be considered quite authoritative.
The number of 4772 followers confirms this.
Deep Value Ideas is the contributor of experts community
since 2018 and has 153 works published.


One more noteworthy article is written by Valuentum under the title

“Home Depot’s Free Cash Flow Makes It A Strong Dividend Growth Consideration”

on February 25 (2023) and has 6 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add HD stocks to your investment portfolio or not, and helps to work out your own The Home Depot stock selling strategies:

  • Home Depot’s latest quarterly update and outlook weren’t great, but the firm continues to have an enviable competition position.
  • We like the company’s tremendous free cash flow generation and that it has consistently covered its cash dividends paid for years.
  • We value shares modestly higher than where they are trading at as of this writing, and we view the company as a fantastic dividend growth idea. Shares yield ~2.8%.

Valuentum starts analysis with such words:

Home Depot’s (NYSE:HD) latest quarterly results left a sour taste in many an investor’s mouth, but we’re not too worried. We believe the company’s positioning with respect to do-it-yourself-ers and professional contractors remains solid, and we expect that home improvement trends will remain strong. The COVID-19 pandemic, in our view, has fundamentally changed how consumers view their home. They simply need more work and living space. We’re huge fans of Home Depot’s strong free cash flow generation, as well as its ability to cover cash dividends paid with it. With that said, let’s dig into our work on this home improvement retailing giant.

This author is very popular among the auditory. He has 17044 followers

Valuentum is the contributor of experts community since 2011. Has published at least 3071 articles.


Another analysis presented by Geoff Considine came out on February 22 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for HD stocks. It sounds like

“Home Depot Is Positioned For Decent Performance”

Article has got 1 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the The Home Depot, Inc., the expert says the following:

  • Home Depot enjoyed unsustainable growth resulting from the pandemic and high lumber costs.
  • The current outlook is reasonable, but earnings are expected to drop.
  • Even after the post-earnings drop, the shares are not cheap.
  • The Wall Street consensus rating is a buy, with a consensus price target that maps to a total return of 14.4% over the next year.
  • The market-implied outlook continues to be modestly bullish, with moderate volatility.

And here, what comes first:

Home Depot (NYSE:HD) reported Q4 results before the market opened on Feb. 21, 2023, beating expectations on earnings, but slightly short on revenue. The forward guidance for 2023 was cautious, and indicated a slight decline in diluted EPS for the year. The shares dropped 7.1% for the day and are currently 12% below the YTD high closing price of $339.79 on Feb. 2.

The opinion of the author can be considered quite authoritative.
The number of 5773 followers confirms this.
Geoff Considine is the contributor of experts community since 2006. Has already 468 analytic reviews published.


The Share Price of The Home Depot, Inc. (HD) for now

What analysts predict: $326.94
52-week high/low: $344.75 / $259.34

50/200 Day Moving Average: $309.86 / $301.07

The average stock price over the previous 50/200 days. For The Home Depot stocks, the 50-day moving average is the resistance level for now. For HD stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for HD stock with charts and tables

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