During the last three months, 14 analysts shared their evaluations of Home Depot (NYSE:HD), revealing diverse outlooks from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $390.79, with a high estimate of $420.00 and a low estimate of $318.00. Experiencing a 2.06% decline, the current average is now lower than the previous average price target of $399.00.

Decoding Analyst Ratings: A Detailed Look

In examining recent analyst actions, we gain insights into how financial experts perceive Home Depot. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Home Depot's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Home Depot analyst ratings.

All You Need to Know About Home Depot

Understanding the Numbers: Home Depot's Finances

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Negative Revenue Trend: Examining Home Depot's financials over 3 months reveals challenges. As of 30 April, 2024, the company experienced a decline of approximately -2.25% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.

Net Margin: Home Depot's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.89% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Home Depot's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 251.4%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Home Depot's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 4.62%, the company showcases efficient use of assets and strong financial health.

Debt Management: Home Depot's debt-to-equity ratio is notably higher than the industry average. With a ratio of 28.03, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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