Home Depot Stock: A Deep Dive Into Analyst Perspectives (13 Ratings)
Portfolio Pulse from Benzinga Insights
Over the past three months, 13 analysts have provided diverse ratings for Home Depot (NYSE:HD), with an average 12-month price target of $338.69, up from the previous $336.10. Recent actions include both raised and lowered price targets and ratings, reflecting dynamic market conditions and company performance. Home Depot is a leading home improvement retailer with significant market capitalization and financial strength, despite a recent revenue decline of -2.99%. The company's net margin and ROE are above industry benchmarks, but it carries a higher debt-to-equity ratio.

January 04, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Analysts have mixed views on Home Depot, with recent ratings changes and an updated average price target of $338.69. The company's strong financials may counterbalance the slight revenue decline and high debt levels.
The diversity in analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on HD's stock price. The company's strong financial metrics may provide some support, but the recent revenue decline and high debt levels could be areas of concern for investors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100