Home Depot (HD) Stock Dips Amidst Industry Decline

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Dec 18, 2024

Home Depot (HD, Financial) shares experienced a significant drop of 2.09%, trading at $399.95 with a volume of 1.57549 million shares and a turnover rate of 0.16%. The stock's recent financial report showed revenue of $40.217 billion, net profit of $3.648 billion, and earnings per share of $3.68, with a price-to-earnings ratio of 27.15. Among the 41 institutions rating the stock, 66% recommended buying, 27% holding, and 7% selling.

The home improvement retail sector, where Home Depot operates, saw an overall decline of 1.95%. Notably, stocks like Kirklands Furniture and Live Ventures Incorporated showed substantial gains, while Tile Shop Holdings, Inc. and Floor & Decor Holdings, Inc. were particularly active. Floor & Decor Holdings, Inc. also exhibited significant volatility with a 5.45% amplitude.

Home Depot is the world’s largest home improvement retailer, with over 2,300 stores across the U.S., Canada, and Mexico. The company offers a wide array of building materials, home improvement products, and various services, including installation and equipment rental.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.