Home Depot Inc (NYSE:HD) – Oppenheimer issued their Q1 2020 earnings per share (EPS) estimates for Home Depot in a research note issued to investors on Friday, February 8th. Oppenheimer analyst B. Nagel anticipates that the home improvement retailer will post earnings per share of $2.19 for the quarter. Oppenheimer also issued estimates for Home Depot’s Q2 2020 earnings at $3.22 EPS, Q3 2020 earnings at $2.64 EPS, Q4 2020 earnings at $2.26 EPS and FY2020 earnings at $10.32 EPS.

Several other analysts also recently commented on the company. Zacks Investment Research upgraded Home Depot from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. Credit Suisse Group set a $204.00 target price on Home Depot and gave the company a “hold” rating in a research note on Tuesday, November 13th. Deutsche Bank cut their target price on Home Depot from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Citigroup cut their target price on Home Depot from $227.00 to $226.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Finally, UBS Group dropped their price target on Home Depot from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Eight investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Home Depot presently has a consensus rating of “Buy” and an average price target of $204.60.

HD stock opened at $184.54 on Monday. Home Depot has a twelve month low of $158.09 and a twelve month high of $215.43. The company has a debt-to-equity ratio of 17.68, a current ratio of 1.09 and a quick ratio of 0.28. The company has a market cap of $208.44 billion, a P/E ratio of 24.74, a P/E/G ratio of 1.40 and a beta of 1.10.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, November 13th. The home improvement retailer reported $2.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.27 by $0.24. Home Depot had a return on equity of 664.88% and a net margin of 10.00%. The company had revenue of $26.30 billion during the quarter, compared to analyst estimates of $26.23 billion. During the same quarter last year, the company earned $1.84 EPS. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis.

A number of large investors have recently bought and sold shares of HD. Portfolio Solutions LLC bought a new stake in shares of Home Depot in the fourth quarter worth about $26,000. Virtus ETF Advisers LLC bought a new stake in shares of Home Depot in the fourth quarter worth about $32,000. Enlightenment Research LLC bought a new stake in shares of Home Depot in the fourth quarter worth about $34,000. Private Ocean LLC increased its holdings in shares of Home Depot by 53.3% in the fourth quarter. Private Ocean LLC now owns 207 shares of the home improvement retailer’s stock worth $36,000 after purchasing an additional 72 shares during the last quarter. Finally, Ironwood Financial llc increased its holdings in shares of Home Depot by 39.5% in the fourth quarter. Ironwood Financial llc now owns 286 shares of the home improvement retailer’s stock worth $49,000 after purchasing an additional 81 shares during the last quarter. 69.75% of the stock is currently owned by institutional investors and hedge funds.

In other Home Depot news, CEO Craig A. Menear sold 117,327 shares of the firm’s stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $180.42, for a total transaction of $21,168,137.34. Following the sale, the chief executive officer now directly owns 264,970 shares of the company’s stock, valued at $47,805,887.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Wayne M. Hewett purchased 250 shares of the firm’s stock in a transaction on Wednesday, November 21st. The shares were acquired at an average cost of $169.62 per share, for a total transaction of $42,405.00. Following the completion of the acquisition, the director now owns 3,000 shares of the company’s stock, valued at $508,860. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 13,750 shares of company stock worth $2,401,470 and have sold 137,987 shares worth $24,769,526. 0.25% of the stock is currently owned by insiders.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

See Also: What does EPS mean?

Earnings History and Estimates for Home Depot (NYSE:HD)

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