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Home Depot (HD)

(Real Time Quote from BATS)

$394.50 USD

394.50
718,531

+1.98 (0.50%)

Updated Oct 31, 2024 01:16 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value A Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 27% (184 out of 251)

Industry: Building Products - Retail

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Home Depot (HD) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$411.22 $466.00 $318.00 4.76%

Price Target

Based on short-term price targets offered by 32 analysts, the average price target for Home Depot comes to $411.22. The forecasts range from a low of $318.00 to a high of $466.00. The average price target represents an increase of 4.76% from the last closing price of $392.52.

Analyst Price Targets (32)

Last Close 392.52
Average 411.22 4.76% Upside Low 318.00 -18.99% Downside High 466.00 18.72% Upside

Broker Rating

Home Depot currently has an average brokerage recommendation (ABR) of 1.58 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 37 brokerage firms. The current ABR compares to an ABR of 1.60 a month ago based on 36 recommendations.

Of the 37 recommendations deriving the current ABR, 26 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 70.27% and 2.7% of all recommendations. A month ago, Strong Buy made up 69.44%, while Buy represented 2.78%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 26 26 25 23 23
Buy 1 1 1 2 1
Hold 9 9 9 9 7
Sell 1 1 1 1 1
Strong Sell 0 0 0 0 0
ABR 1.58 1.58 1.60 1.64 1.55

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Analyst Upgrades/Downgrades

Date Brokerage Firm Analyst Previous Current
10/25/2024 D.A. Davidson Michael Baker Strong Buy Strong Buy
10/22/2024 Not Identified Not Identified Not Available Hold
10/10/2024 Mizuho SecuritiesUSA David Bellinger Strong Buy Strong Buy
10/9/2024 Loop Capital Markets Laura Champine Hold Strong Buy
10/8/2024 Robert W. Baird & Co. Peter S Benedict Strong Buy Strong Buy
10/4/2024 Guggenheim Securities Steven Forbes Strong Buy Strong Buy
10/2/2024 Not Identified Not Identified Moderate Buy Strong Buy
9/30/2024 Cowen & Co. Max Rakhlenko Strong Buy Strong Buy
9/24/2024 Not Identified Not Identified Hold Hold
9/24/2024 Not Identified Not Identified Strong Buy Strong Buy
9/23/2024 Not Identified Not Identified Not Available Strong Buy
8/26/2024 Not Identified Not Identified Strong Buy Strong Buy
8/19/2024 Atlantic Equities Samuel Hudson Not Available Strong Buy
8/15/2024 Daiwa America Kahori Tamada Not Available Hold
8/14/2024 Exane BNP Paribas Chris J Bottiglieri Not Available Hold
8/14/2024 Goldman Sachs Katharine A Mcshane Strong Buy Strong Buy
8/14/2024 UBS Michael L Lasser Strong Buy Strong Buy
8/14/2024 Evercore Partners Gregory S Melich Strong Buy Strong Buy
8/14/2024 Not Identified Not Identified Strong Buy Strong Buy
8/14/2024 Not Identified Not Identified Hold Hold
8/13/2024 Wedbush Securities Seth Basham Strong Buy Strong Buy
8/13/2024 Piper Sandler Peter J Keith Strong Buy Strong Buy
8/11/2024 Not Identified Not Identified Hold Hold
8/7/2024 Telsey Advisory Group Joseph Feldman Hold Hold
8/1/2024 Truist Securities Scot Ciccarelli Strong Buy Strong Buy
7/16/2024 Not Identified Not Identified Not Available Strong Buy
6/3/2024 KeyBanc Capital Markets Bradley B Thomas Hold Hold
5/15/2024 Raymond James Bobby Griffin Hold Hold
5/9/2024 Wells Fargo Securities Zachary Fadem Strong Buy Strong Buy
5/6/2024 Not Identified Not Identified Strong Buy Strong Buy
4/3/2024 Not Identified Not Identified Moderate Sell Moderate Sell
4/2/2024 Zelman & Associates Adam Baumgarten Not Available Strong Buy
2/22/2024 Longbow Research David S Macgregor Strong Buy Strong Buy
2/16/2024 Argus Research Corp. Christopher Graja Strong Buy Strong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Average Brokerage Rating

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

 1.58
ABR (Last week) 1.58
# of Recs in ABR 37
Average Target Price $411.22
LT Growth Rate 9.60%
Industry Building Products - Retail
Industry Rank by ABR 184 of 252
Current Quarter EPS Est: 3.64

HD FAQs

The Home Depot, Inc. (HD) currently has an average brokerage recommendation (ABR) of 1.58 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 37 brokerage firms.

The average price target for The Home Depot, Inc. (HD) is $411.22. The current on short-term price targets is based on 12 reports.

The forecasts for The Home Depot, Inc. (HD) range from a low of $318 to a high of $466. The average price target represents a increase of $4.76 from the last closing price of $392.52.

The current UPSIDE for The Home Depot, Inc. (HD) is 4.76%

Based on short-term price targets offered by 32 analysts, the average price target for Home Depot comes to $411.22. The forecasts range from a low of $318.00 to a high of $466.00. The average price target represents an increase of 4.76% from the last closing price of $392.52.