Home Depot (NYSE:HD) has been analyzed by 23 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $388.91, along with a high estimate of $440.00 and a low estimate of $323.00. Marking an increase of 4.37%, the current average surpasses the previous average price target of $372.61.

Breaking Down Analyst Ratings: A Detailed Examination

The standing of Home Depot among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Capture valuable insights into Home Depot's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Home Depot analyst ratings.

Unveiling the Story Behind Home Depot

Home Depot: Delving into Financials

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Decline in Revenue: Over the 3 months period, Home Depot faced challenges, resulting in a decline of approximately -2.92% in revenue growth as of 31 January, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Home Depot's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.05%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Home Depot's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 226.43% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Home Depot's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.68%, the company showcases efficient use of assets and strong financial health.

Debt Management: Home Depot's debt-to-equity ratio surpasses industry norms, standing at 50.04. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.