Q4 Earnings Forecast for Home Depot Issued By DA Davidson

The Home Depot, Inc. (NYSE:HD) – Investment analysts at DA Davidson issued their Q4 2026 earnings estimates for shares of Home Depot in a research note issued to investors on Wednesday, November 19th. DA Davidson analyst M. Baker anticipates that the home improvement retailer will post earnings per share of $2.51 for the quarter. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). The firm had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a net margin of 8.86% and a return on equity of 193.99%. Home Depot’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the company posted $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS.

Other equities research analysts also recently issued research reports about the company. BNP Paribas Exane dropped their target price on Home Depot from $391.00 to $353.00 and set a “neutral” rating on the stock in a research report on Wednesday. Truist Financial set a $379.00 target price on shares of Home Depot in a research note on Tuesday. HSBC cut their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday. Wolfe Research assumed coverage on shares of Home Depot in a report on Thursday, September 18th. They issued an “outperform” rating and a $497.00 price target on the stock. Finally, Telsey Advisory Group lowered their price target on Home Depot from $455.00 to $430.00 and set an “outperform” rating on the stock in a report on Wednesday. Twenty analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $410.36.

Home Depot Stock Performance

NYSE HD traded up $3.32 during trading on Thursday, hitting $337.82. 758,712 shares of the company’s stock traded hands, compared to its average volume of 3,538,091. The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.34 and a current ratio of 1.15. The stock has a market capitalization of $336.26 billion, a price-to-earnings ratio of 22.91, a PEG ratio of 3.59 and a beta of 1.00. Home Depot has a 12-month low of $326.31 and a 12-month high of $439.37. The business has a 50 day moving average of $388.76 and a 200-day moving average of $381.47.

Hedge Funds Weigh In On Home Depot

Hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC raised its stake in Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after buying an additional 7,203 shares in the last quarter. United Bank lifted its stake in shares of Home Depot by 14.9% in the 1st quarter. United Bank now owns 5,023 shares of the home improvement retailer’s stock valued at $1,841,000 after purchasing an additional 653 shares during the period. Accredited Investors Inc. grew its stake in Home Depot by 0.9% in the first quarter. Accredited Investors Inc. now owns 4,484 shares of the home improvement retailer’s stock worth $1,643,000 after purchasing an additional 39 shares during the period. Beacon Investment Advisory Services Inc. raised its holdings in Home Depot by 6.1% in the first quarter. Beacon Investment Advisory Services Inc. now owns 84,393 shares of the home improvement retailer’s stock worth $30,929,000 after purchasing an additional 4,837 shares in the last quarter. Finally, Efficient Advisors LLC purchased a new position in Home Depot during the first quarter valued at $451,000. 70.86% of the stock is owned by institutional investors.

Insider Transactions at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 5,483 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $413.23, for a total transaction of $2,265,740.09. Following the transaction, the executive vice president directly owned 16,057 shares of the company’s stock, valued at approximately $6,635,234.11. This trade represents a 25.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William D. Bastek sold 3,783 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $410.23, for a total value of $1,551,900.09. Following the completion of the sale, the executive vice president directly owned 24,235 shares of the company’s stock, valued at approximately $9,941,924.05. This trade represents a 13.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,569 shares of company stock worth $4,792,086 over the last ninety days. Insiders own 0.10% 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.