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How to buy Home Depot (HD) stocks
Learn how to easily invest in Home Depot stocks.
Home Depot is a home improvement retail business based in the US. Home Depot stocks (HD.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $295.94 – an increase of 1.06% over the previous week. Home Depot employs 475,000 staff and has a trailing 12-month revenue of around $155.8 billion.
How to buy Home Depot stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – HD. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Home Depot?
- Has coronavirus impacted Home Depot shares?
- Home Depot shares summary
- Compare share dealing platforms
- Is Home Depot stock a buy or sell?
- Home Depot performance over time
- Is Home Depot suitable for ethical investing?
- Are Home Depot shares over-valued?
- Home Depot's financials
- How volatile are Home Depot shares?
- Does Home Depot pay a dividend?
- Have Home Depot shares ever split?
- Other common questions
Home Depot stock price (NYSE:HD)Use our graph to track the performance of HD stocks over time.
Home Depot shares at a glance
|Latest market close||$295.94|
|52-week range||$257.48 - $342.29|
|50-day moving average||$291.03|
|200-day moving average||$300.49|
|Wall St. target price||$312.31|
|Dividend yield||$7.98 (2.9%)|
|Earnings per share (TTM)||$16.41|
Buy Home Depot stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Home Depot stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Home Depot price performance over time
Historical closes compared with the close of $295.94 from 2023-06-02
|1 week (2023-05-25)||N/A|
|1 month (2023-05-02)||0.56%|
|3 months (2023-03-01)||N/A|
|6 months (2022-12-02)||-9.77%|
|1 year (2022-06-01)||N/A|
|2 years (2021-06-03)||-4.97%|
|3 years (2020-06-05)||16.10%|
|5 years (2018-06-05)||54.18%|
Is Home Depot stock undervalued or overvalued?
Valuing Home Depot stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Home Depot's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Home Depot's P/E ratio
Home Depot's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Home Depot shares trade at around 18x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Home Depot's PEG ratio
Home Depot's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7224. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Home Depot's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Home Depot's EBITDA
Home Depot's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $26.7 billion.
The EBITDA is a measure of a Home Depot's overall financial performance and is widely used to measure a its profitability.
Home Depot financials
|Revenue TTM||$155.8 billion|
|Operating margin TTM||15.19%|
|Gross profit TTM||$52.8 billion|
|Return on assets TTM||19.34%|
|Return on equity TTM||14.65%|
|Market capitalisation||$297.5 billion|
TTM: trailing 12 months
Home Depot's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Home Depot.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Home Depot's total ESG risk score
Total ESG risk: 14.87
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Home Depot's overall score of 14.87 (as at 12/31/2018) is excellent – landing it in it in the 8th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Home Depot is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Home Depot's environmental score
Environmental score: 6.14/100
Home Depot's environmental score of 6.14 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Home Depot is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Home Depot's social score
Social score: 8.66/100
Home Depot's social score of 8.66 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Home Depot is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Home Depot's governance score
Governance score: 5.07/100
Home Depot's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Home Depot is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Home Depot's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Home Depot scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Home Depot has, for the most part, managed to keep its nose clean.
Home Depot share dividends
Dividend payout ratio: 48.63% of net profits
Recently Home Depot has paid out, on average, around 48.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Home Depot shareholders could enjoy a 2.9% return on their shares, in the form of dividend payments. In Home Depot's case, that would currently equate to about $7.98 per share.
While Home Depot's payout ratio might seem fairly standard, it's worth remembering that Home Depot may be investing much of the rest of its net profits in future growth.
Home Depot's most recent dividend payout was on 14 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 30 May 2023 (the "ex-dividend date").
Have Home Depot's shares ever split?
Home Depot's shares were split on a 3:2 basis on 30 December 1999. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Home Depot shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Home Depot shares which in turn could have impacted Home Depot's share price.
Home Depot share price volatility
Over the last 12 months, Home Depot's shares have ranged in value from as little as $257.4833 up to $342.2893. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Home Depot's is 0.9289. This would suggest that Home Depot's shares are less volatile than average (for this exchange).
Home Depot overview
The Home Depot, Inc. operates as a home improvement retailer. 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. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, and building service contractors, as well as specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.
Home Depot in the news
The Home Depot, Inc. (NYSE:HD) is largely controlled by institutional shareholders who own 73% of the company
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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