This summary was created by AI, based on 33 opinions in the last 12 months.
Home Depot (HD) has shown a mix of sentiments among analysts in light of recent challenges in the housing market and interest rates. While some experts cite a potential for growth driven by aging homes and the need for repairs, there is a consensus that the current environment poses difficulties, particularly with lower consumer spending and weak housing turnover. The company’s strong fundamentals, including healthy profits and a robust dividend history, suggest resilience, but many analysts recommend a cautious approach due to high PE ratios and uncertainties surrounding future earnings. Additionally, the recent acquisition of SRS has expanded their market reach, although it may put some short-term pressure on share prices. Overall, the experts suggest waiting for further clarity and potentially more favorable valuations before making significant investments in HD.
Is both a cyclical and secular growth story and can ride any cycle. It can grown in any environment, and not held hostage to interest rates. It benefits from aging homes (that need repairs), Millennials want to own homes and will spend at HD, and the new home shortage which need pro contractors to build them (who spend at HD).
A decade-long theme, not short term is in housing, if interest rates fall from 6.7% to 5.5% (likely in 2025). She prefers Home Depot in this space, since competitor LL Flooring went bankrupt, and HD has easy comparisons. They had 7-straight quarters of negative comps, but will snap that. She expects better gross margins.
He sold Home Depot to buy Lowes, because it trades at a lower PE and they execute as well. Managers here used to run HD and apply the same playbook at Lowes. Operating margins in the last 10 years have almost doubled. He exited both stocks given higher PEs and weakening consumers. Would like to re-enter later.
Home Depot is a American stock, trading under the symbol HD-N on the New York Stock Exchange (HD). It is usually referred to as NYSE:HD or HD-N
In the last year, 9 stock analysts published opinions about HD-N. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Home Depot.
Home Depot was recommended as a Top Pick by on . Read the latest stock experts ratings for Home Depot.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered Home Depot In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Home Depot (HD-N) stock closed at a price of $365.52.
Interest rates cuts are stalling, so shares are -7.74% the past month; housing turnover and the weather have been bad. Tool sales are down. It reports tomorrow, but he will buy after that report. He has faith, because when the street was shorting this in 2008's housing crisis, HD gained market share and bought back a ton of shares.