Home Depot Ranks 45th in Trading Volume with 11.71 Billion Shares Exchanged

On April 2, 2025, The Home Depot, Inc. (HD) closed at $365.52, with a trading volume of 11.71 billion, ranking 45th in the day's stock market activity. The stock experienced a 1.47% increase, outperforming the broader market trends.

Home Depot's recent performance has been under scrutiny as the stock has declined by 5.95% over the past month. This drop exceeds the Retail-Wholesale sector's loss of 7.71% and lags behind the S&P 500's loss of 5.59%. Investors are closely watching the company's upcoming earnings disclosure, scheduled for May 20, 2025. Analysts anticipate earnings of $3.59 per share, representing a year-over-year decline of 1.1%. Revenue is expected to reach $39.3 billion, a 7.9% increase from the prior-year quarter.

Recent changes in analyst estimates for Home Depot indicate a shifting landscape in near-term business trends. Positive changes in estimates suggest a favorable outlook on the company's business health and profitability. The Zacks Rank system, which considers these estimated changes, has given Home Depot a #3 (Hold) rating. The company is currently trading at a Forward P/E ratio of 24.47, higher than the industry average of 18.4. The PEG ratio stands at 3.47, compared to the industry average of 2.03, indicating a premium valuation.

The Retail - Home Furnishings industry, part of the Retail-Wholesale sector, currently holds a Zacks Industry Rank of 169, placing it in the bottom 33% of all industries. This ranking suggests that the industry's performance may be lagging compared to other sectors. Investors should stay updated with stock-shifting metrics to make informed decisions in the upcoming trading sessions.