Home Depot Intrinsic Stock Value – Home Depot Streaks to Seventh Straight Winning Session
December 16, 2023
☀️Trending News
Home Depot ($NYSE:HD) is having a streak of success with its seventh consecutive session of gains. With its commitment to providing customers with superior products at low prices, Home Depot has become a leader in the home improvement industry. The company’s stock is poised to continue its upward trend, as investors are increasingly encouraged by Home Depot’s strong financial performance.
This indicates that despite its success, the stock is still undervalued and has potential for further growth. With a strong financial performance and a commitment to providing customers with superior products, Home Depot looks set to maintain its streak of success with its seventh straight winning session.
Market Price
On Thursday, HOME DEPOT continued its winning streak, closing up 2.4% from the previous day’s close of $343.4. The stock opened at $349.7 and closed at $351.8, marking the company’s seventh consecutive winning day. The positive move was driven by strong performance of the company’s business and market sentiment for the stock. Analysts are predicting that this trend is likely to continue in the coming weeks as the company’s fundamentals remain strong. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Home Depot. More…
| Total Revenues | Net Income | Net Margin |
| 153.71k | 15.7k | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Home Depot. More…
| Operations | Investing | Financing |
| 21.03k | -4.04k | -17.37k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Home Depot. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 75.58k | 74.15k | 1.33 |
Key Ratios Snapshot
Some of the financial key ratios for Home Depot are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | 8.2% | 14.6% |
| FCF Margin | ROE | ROA |
| 11.6% | 1051.7% | 18.6% |
Analysis – Home Depot Intrinsic Stock Value
At GoodWhale, we have conducted a thorough analysis of HOME DEPOT‘s financials. After careful consideration, we have determined that the intrinsic value of HOME DEPOT’s shares is approximately $364.5. This calculation has been made using our proprietary Valuation Line. At present, HOME DEPOT’s stock is being traded at $351.8; this is a fair price, though it appears to be undervalued by 3.5%. We believe this presents an opportunity for potential investors to capitalize on the slight discount. More…
Peers
The Home Depot Inc is one of the leading home improvement retailers in the United States. The company operates more than 2,200 stores across the country. Lowe’s Companies Inc is another leading home improvement retailer in the United States. The company operates more than 1,700 stores across the country. Floor & Decor Holdings Inc is a leading specialty retailer of hard surface flooring in the United States. The company operates more than 100 stores across the country. Wayfair Inc is a leading online retailer of home furnishings and home décor products.
– Lowe’s Companies Inc ($NYSE:LOW)
Lowe’s Companies, Inc. is a home improvement company that operates stores in the United States, Canada, and Mexico. The company offers a wide variety of home improvement products, including appliances, tools, hardware, flooring, and more. Lowe’s is also involved in home improvement services, such as installation, repair, and remodeling. The company has a market cap of $114.17B and a return on equity of -99.39%.
– Floor & Decor Holdings Inc ($NYSE:FND)
Floor & Decor Holdings Inc is a specialty retailer of hard surface flooring and related accessories, with 97 stores across 27 states in the United States. The company offers a wide selection of ceramic tile, porcelain tile, natural stone, wood flooring, laminate, and vinyl flooring products. It also provides installation services for customers who purchase their products. Floor & Decor Holdings Inc has a market cap of 7.06B as of 2022, a Return on Equity of 14.88%.
– Wayfair Inc ($NYSE:W)
As of 2022, Wayfair Inc has a market cap of 3.37B and a Return on Equity of 29.2%. The company provides an online platform for home goods and furniture retailers. It operates through two segments, Direct and Marketplace. The Direct segment offers products through its own website. The Marketplace segment offers products through third-party websites.
Summary
Home Depot (HD) has been on a positive streak for the past seven sessions, with investors showing confidence in the retailer. Analysts are upbeat about HD’s prospects, noting that the company is delivering strong financial results. HD has seen increased sales due to its focus on delivering convenience, value, and innovation to customers.
Furthermore, its e-commerce platform has expanded its reach, allowing it to capture a larger portion of the home improvement market. HD’s stock price has been on the rise on the back of its strong performance and analysts expect it to continue its upward trajectory in the near future.
