Home Depot, Inc.

Home Depot, Inc.

HD

Market Cap$403.18B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Home Depot, Inc.Home Depot, Inc.27.22.18%334%2.712.9

Earnings Call Q3 2024

November 12, 2024 - AI Summary

Sales Performance: Home Depot reported third-quarter sales of $40.2 billion, a 6.6% increase year-over-year. However, comparable sales declined by 1.3%, with U.S. stores posting a negative comp of 1.2%. The company expects total sales growth of approximately 4% for fiscal 2024, including a positive sales contribution from its Specialty Retail Services (SRS) acquisition.
Impact of Weather and Hurricanes: Weather conditions significantly influenced performance during the quarter, contributing approximately $200 million in hurricane-related sales, which impacted total company comps by about 55 basis points. The company experienced strong engagement in outdoor products due to favorable weather.
Pro Ecosystem Development: The Pro Ecosystem, which enhances services and products for professional customers, is showing promising results. The SRS team achieved $2.9 billion in sales during the quarter with plans to reach $6.4 billion within approximately seven months post-acquisition.

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$398.88

Target Price by Analysts

2.8% downsideHome Depot Target Price DetailsTarget Price
$337.26

Current Fair Value

17.8% downside

Overvalued by 17.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$403.18 Billion
Enterprise Value$458.54 Billion
Dividend Yield$9 (2.17787632421779%)
Earnings per Share$15.16
Beta1.01
Outstanding Shares990,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio27.2
PEG-1293.25
Price to Sales2.68
Price to Book Ratio102.55
Enterprise Value to Revenue3.01
Enterprise Value to EBIT21.56
Enterprise Value to Net Income31
Total Debt to Enterprise0.12
Debt to Equity12.89

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Home Depot, Inc.

CEO: Craig Menear