Home Depot (NYSE:HD) Issues FY 2025 Earnings Guidance

Home Depot (NYSE:HD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 14.935-14.935 for the period, compared to the consensus EPS estimate of 15.000. The company issued revenue guidance of $164.0 billion-$164.0 billion, compared to the consensus revenue estimate of $164.0 billion.

Home Depot Trading Down 0.5%

Shares of HD stock opened at $379.03 on Tuesday. The business’s 50 day moving average is $358.40 and its two-hundred day moving average is $387.85. The company has a market cap of $376.77 billion, a PE ratio of 25.75, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. Home Depot has a 12 month low of $323.77 and a 12 month high of $439.37.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, February 25th. The home improvement retailer reported $3.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.09. The business had revenue of $39.70 billion for the quarter, compared to the consensus estimate of $39.15 billion. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. Home Depot’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the company posted $2.82 earnings per share. Equities analysts predict that Home Depot will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $2.30 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.25. The ex-dividend date was Thursday, March 13th. This represents a $9.20 annualized dividend and a dividend yield of 2.43%. Home Depot’s dividend payout ratio (DPR) is presently 61.66%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on HD shares. KGI Securities raised Home Depot to a “strong-buy” rating in a report on Monday, March 3rd. Gordon Haskett cut Home Depot from a “buy” rating to a “hold” rating in a report on Friday, April 4th. HSBC raised Home Depot from a “reduce” rating to a “hold” rating and lifted their price objective for the company from $356.00 to $410.00 in a report on Wednesday, February 26th. Guggenheim reissued a “buy” rating and set a $450.00 price objective on shares of Home Depot in a report on Wednesday, February 26th. Finally, Hsbc Global Res raised Home Depot from a “moderate sell” rating to a “hold” rating in a report on Wednesday, February 26th. Nine analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $430.32.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Home Depot stock. Brighton Jones LLC increased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 36.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,918 shares of the home improvement retailer’s stock after acquiring an additional 7,203 shares during the period. Brighton Jones LLC’s holdings in Home Depot were worth $10,471,000 as of its most recent SEC filing. Institutional investors own 70.86% of the company’s stock.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. 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.