<div id="readability-page-1"><p><span>Home Depot (NYSE:HD - Get Free Report)</span> had its price objective lowered by research analysts at Daiwa Capital Markets  from $399.00 to $348.00 in a research note issued on Monday,MarketScreener reports. The brokerage presently has a &#34;neutral&#34; rating on the home improvement retailer's stock. Daiwa Capital Markets' price objective indicates a potential upside of 1.10% from the stock's current price.</p><ul><li>Holiday Spending to Hit $1 Trillion—Time to Buy This Retail ETF?</li></ul><p>Several other equities research analysts also recently commented on HD. Stifel Nicolaus  reiterated a &#34;hold&#34; rating and set a $370.00 target price (down from $440.00) on shares of Home Depot in a research report on Friday, November 14th. DA Davidson  set a $430.00 price target on Home Depot in a research note on Wednesday, November 19th. HSBC decreased their price objective on Home Depot from $445.00 to $400.00 and set a &#34;hold&#34; rating for the company in a report on Wednesday, November 19th. Telsey Advisory Group reduced their price objective on shares of Home Depot from $455.00 to $430.00 and set an &#34;outperform&#34; rating for the company in a research report on Wednesday, November 19th. Finally, Sanford C. Bernstein  reiterated a &#34;market perform&#34; rating and issued a $362.00 target price on shares of Home Depot in a research note on Monday. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $404.60.</p><p><b>Read Our Latest Research Report on Home Depot</b></p><h2>Home Depot Trading Up 2.3%</h2><ul><li>MarketBeat Week in Review – 11/17 - 11/21</li></ul><p>HD stock traded up $7.65 during midday trading on Monday, reaching $344.23. The company's stock had a trading volume of 385,680 shares, compared to its average volume of 3,567,688. The stock has a market cap of $342.64 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The business's 50-day simple moving average is $383.62 and its 200-day simple moving average is $381.09. The company has a quick ratio of 0.34, a current ratio of 1.15 and a debt-to-equity ratio of 4.31. Home Depot has a 52 week low of $326.31 and a 52 week high of $439.37. </p><p>Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a return on equity of 193.99% and a net margin of 8.86%.The company had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. During the same period in the prior year, the company earned $3.78 EPS. The firm's revenue was up 2.8% on a year-over-year basis.  Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, sell-side analysts expect that  Home Depot will post 15.13 EPS for the current year. </p><h2>Insider Activity at Home Depot</h2><ul><li>Lowe’s Stock Price Signals a Buying Opportunity After Q3 Release</li></ul><p>In related news, EVP William D. Bastek sold 2,303 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $423.12, for a total value of $974,445.36. Following the completion of the transaction, the executive vice president directly owned 24,235 shares in the company, valued at approximately $10,254,313.20. This represents a 8.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.10% of the stock is currently owned by corporate insiders. </p><h2>Institutional Inflows and Outflows</h2><p>A number of large investors have recently added to or reduced their stakes in the company. Parvin Asset Management LLC grew its holdings in  Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock worth $26,000 after acquiring an additional 33 shares in the last quarter.  Legend Financial Advisors Inc. acquired a new stake in shares of  Home Depot during the 2nd quarter worth about $28,000.  Sagard Holdings Management Inc. purchased a new stake in  Home Depot during the second quarter worth approximately $29,000.  Financially Speaking Inc acquired a new position in  Home Depot in the third quarter valued at approximately $31,000.  Finally, LFA Lugano Financial Advisors SA acquired a new position in shares of  Home Depot in the 2nd quarter valued at $32,000. 70.86% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Home Depot</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Home Depot</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>Are These 3 Under-the-Radar AI Stocks the Next Big Growth Stories?</li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>These 3 Housing Stocks Are Laying the Foundation for a Comeback</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>A Trillion-Dollar Pill: Eli Lilly Broke the Healthcare Ceiling</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Home Depot Right Now?</h2><p>Before you consider Home Depot, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Home Depot wasn't on the list.</p><p>While Home Depot currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Daiwa Capital Markets lowered Home Depot's price target from $399.00 to $348.00 and set a "neutral" rating. Other analysts also adjusted their targets, with mixed ratings. Home Depot's stock traded up 2.3% to $344.23. The company reported quarterly earnings of $3.74 per share, missing estimates, with revenue up 2.8% year-over-year. Insider activity included EVP William D. Bastek selling shares. Institutional investors have adjusted their stakes in the company.</p>

Daiwa Capital Markets Lowers Home Depot (NYSE:HD) Price Target to $348.00