Home Depot Sees Large Increase in Short Interest in September

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Home Depot Intrinsic Stock Value – The Home Depot ($NYSE:HD), Inc. was the recipient of a large growth in short interest in September. This increase in short interest comes as the company’s stock has seen a significant decline in recent months. The company has been hurt by a number of factors, including a slowdown in the housing market and concerns about tariffs. The company is also facing increased competition from online retailers such as Amazon.com, Inc. .

Despite the challenges, The Home Depot remains a very large and profitable company. It is the world’s largest home improvement retailer and is one of the most popular stocks in the Dow Jones Industrial Average. The stock may be down in the short-term, but The Home Depot remains a strong company with a bright future.

Stock Price

Home Depot saw a large increase in short interest in September, with the stock opening at $294.4 on Monday and closing at $296.1, down 0.8% from the prior closing price of 298.6. The media coverage of the company has been mostly positive, with most analysts expecting the stock to continue to rise.

VI Analysis – Home Depot Intrinsic Stock Value

The company’s fundamentals reflect its long term potential, as seen in its strong financial position, with a large market share, and high levels of customer satisfaction. The intrinsic value of HOME DEPOT share is around $340.4, calculated by VI Line. Now HOME DEPOT stock is traded at $296.1, a fair price undervalued by 13%.

VI 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 is the world’s largest home improvement store and one of the most popular stocks in the US. The company has seen strong growth in recent years, thanks to a rebound in the housing market and strong consumer spending. Home Depot is a great long-term investment, as it is well-positioned to benefit from continued growth in the home improvement sector.