Wedbush Has Strong Estimate for Home Depot FY2025 Earnings

The Home Depot, Inc. (NYSE:HD) – Wedbush boosted their FY2025 earnings per share (EPS) estimates for Home Depot in a research note issued on Friday, February 21st. Wedbush analyst S. Basham now anticipates that the home improvement retailer will earn $15.35 per share for the year, up from their prior forecast of $15.14. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Wedbush also issued estimates for Home Depot’s Q4 2025 earnings at $3.23 EPS, Q4 2026 earnings at $3.30 EPS, FY2026 earnings at $15.71 EPS and FY2027 earnings at $17.03 EPS.

HD has been the topic of a number of other reports. Stifel Nicolaus upped their price target on Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Bank of America upped their price target on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Evercore ISI upped their price target on Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Mizuho upped their price target on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, Barclays upped their price target on Home Depot from $372.00 to $420.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Stock Down 2.5 %

Home Depot stock opened at $384.82 on Monday. The business has a fifty day moving average of $402.13 and a two-hundred day moving average of $397.93. The firm has a market cap of $382.26 billion, a P/E ratio of 26.14, a P/E/G ratio of 4.03 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. Home Depot has a twelve month low of $323.77 and a twelve month high of $439.37.

Institutional Investors Weigh In On Home Depot

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Home Depot by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 95,763,752 shares of the home improvement retailer’s stock worth $37,251,142,000 after acquiring an additional 875,836 shares in the last quarter. Geode Capital Management LLC lifted its stake in Home Depot by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 21,957,463 shares of the home improvement retailer’s stock valued at $8,525,046,000 after buying an additional 257,036 shares in the last quarter. Norges Bank purchased a new position in Home Depot in the 4th quarter valued at about $5,032,910,000. Capital Research Global Investors lifted its stake in Home Depot by 5.5% in the 4th quarter. Capital Research Global Investors now owns 12,455,582 shares of the home improvement retailer’s stock valued at $4,845,098,000 after buying an additional 647,552 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Home Depot by 13.3% in the 4th quarter. Northern Trust Corp now owns 12,149,890 shares of the home improvement retailer’s stock valued at $4,726,186,000 after buying an additional 1,424,857 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.