Home Depot, Inc. (The) (NYSE:HD)‘s stock had its “hold” rating restated by Piper Jaffray Companies in a report released on Sunday. They currently have a $164.00 price objective on the home improvement retailer’s stock. Piper Jaffray Companies’ price objective suggests a potential upside of 0.27% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Robert W. Baird set a $175.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Sunday, September 10th. Vetr cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price objective on the stock. in a research note on Monday, June 19th. Royal Bank Of Canada restated a “buy” rating and set a $179.00 price objective on shares of Home Depot, Inc. (The) in a research note on Monday, September 18th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Home Depot, Inc. (The) in a research note on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. Home Depot, Inc. (The) currently has an average rating of “Buy” and a consensus target price of $171.69.

Home Depot, Inc. (NYSE HD) opened at 163.56 on Friday. Home Depot, Inc. has a 12 month low of $119.20 and a 12 month high of $163.61. The stock has a market cap of $192.81 billion, a P/E ratio of 23.54 and a beta of 1.07. The firm’s 50-day moving average is $153.29 and its 200-day moving average is $152.05.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. The company had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business posted $1.97 earnings per share. On average, equities analysts forecast that Home Depot, Inc. will post $7.33 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Home Depot, Inc. (The)’s (HD) “Hold” Rating Reaffirmed at Piper Jaffray Companies” was first published by Watch List News and is the property of of Watch List News. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at https://www.watchlistnews.com/home-depot-inc-thes-hd-hold-rating-reaffirmed-at-piper-jaffray-companies/1600226.html.

In other news, EVP Ann Marie Campbell sold 10,717 shares of Home Depot, Inc. (The) stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the completion of the sale, the executive vice president now directly owns 64,810 shares in the company, valued at approximately $9,877,044. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the sale, the executive vice president now owns 62,483 shares of the company’s stock, valued at $9,816,079.30. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,717 shares of company stock valued at $8,916,321. 0.26% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of HD. Nisa Investment Advisors LLC lifted its holdings in Home Depot, Inc. (The) by 1.8% in the 1st quarter. Nisa Investment Advisors LLC now owns 465,966 shares of the home improvement retailer’s stock worth $68,417,000 after purchasing an additional 8,135 shares during the last quarter. Quantitative Systematic Strategies LLC acquired a new stake in Home Depot, Inc. (The) in the 1st quarter worth approximately $2,581,000. Cypress Capital Management LLC WY lifted its holdings in Home Depot, Inc. (The) by 42.1% in the 1st quarter. Cypress Capital Management LLC WY now owns 1,350 shares of the home improvement retailer’s stock worth $198,000 after purchasing an additional 400 shares during the last quarter. Ledyard National Bank lifted its holdings in Home Depot, Inc. (The) by 13.7% in the 1st quarter. Ledyard National Bank now owns 48,922 shares of the home improvement retailer’s stock worth $7,183,000 after purchasing an additional 5,888 shares during the last quarter. Finally, Round Table Services LLC acquired a new stake in Home Depot, Inc. (The) in the 1st quarter worth approximately $208,000. Hedge funds and other institutional investors own 71.39% of the company’s stock.

About Home Depot, Inc. (The)

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Analyst Recommendations for Home Depot, Inc. (The) (NYSE:HD)

Receive News & Ratings for Home Depot Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.