Home Depot (NYSE:HD) Issues FY 2025 Earnings Guidance

Home Depot (NYSE:HD) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 14.478-14.478 for the period, compared to the consensus earnings per share estimate of 14.980. The company issued revenue guidance of $164.3 billion-$164.3 billion, compared to the consensus revenue estimate of $164.1 billion.

Home Depot Stock Performance

Shares of HD opened at $336.55 on Wednesday. The firm has a market cap of $334.99 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 3.59 and a beta of 1.00. The company has a quick ratio of 0.34, a current ratio of 1.15 and a debt-to-equity ratio of 4.31. The business’s 50 day moving average is $390.33 and its two-hundred day moving average is $381.80. Home Depot has a 52-week low of $326.31 and a 52-week high of $439.37.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.84 by ($0.10). The company had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a return on equity of 193.99% and a net margin of 8.86%.The firm’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Analysts forecast that Home Depot will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were issued a $2.30 dividend. This represents a $9.20 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, September 4th. Home Depot’s payout ratio is currently 62.50%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Home Depot in a report on Thursday, November 13th. Stifel Nicolaus restated a “hold” rating and issued a $370.00 price target (down from $440.00) on shares of Home Depot in a research report on Friday, November 14th. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research note on Tuesday. Mizuho upped their target price on Home Depot from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, August 20th. Finally, DA Davidson restated a “buy” rating and set a $475.00 price objective on shares of Home Depot in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $426.86.

Insider Activity at Home Depot

In other Home Depot news, EVP William D. Bastek sold 3,783 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $410.23, for a total transaction of $1,551,900.09. Following the transaction, the executive vice president owned 24,235 shares of the company’s stock, valued at approximately $9,941,924.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,483 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $413.23, for a total transaction of $2,265,740.09. Following the completion of the sale, the executive vice president directly owned 16,057 shares of the company’s stock, valued at approximately $6,635,234.11. This represents a 25.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 44,466 shares of company stock worth $17,859,432 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Institutional Trading of Home Depot

Institutional investors have recently modified their holdings of the company. WealthCollab LLC boosted its stake in shares of Home Depot by 4.1% during the second quarter. WealthCollab LLC now owns 730 shares of the home improvement retailer’s stock valued at $268,000 after purchasing an additional 29 shares during the period. Puff Wealth Management LLC raised its holdings in Home Depot by 3.8% during the 2nd quarter. Puff Wealth Management LLC now owns 821 shares of the home improvement retailer’s stock valued at $301,000 after buying an additional 30 shares during the last quarter. Wills Financial Group LLC boosted its position in Home Depot by 1.9% during the 3rd quarter. Wills Financial Group LLC now owns 1,669 shares of the home improvement retailer’s stock valued at $676,000 after buying an additional 31 shares during the period. Binnacle Investments Inc boosted its position in Home Depot by 28.8% during the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer’s stock valued at $52,000 after buying an additional 32 shares during the period. Finally, Brogan Financial Inc. grew its holdings in Home Depot by 2.3% in the 3rd quarter. Brogan Financial Inc. now owns 1,427 shares of the home improvement retailer’s stock worth $578,000 after acquiring an additional 32 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.