Home Depot operates as a home improvement retailer, selling various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers. The company was founded in 1978 and is based in Atlanta, Georgia.
HD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HD, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Home Depot Inc ranked in the 52th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Home Depot Inc, consider:
HD's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 30.46% of tickers in our DCF set.
Relative to other stocks in its sector (Consumer Cyclical), Home Depot Inc has a reliance on debt greater than merely 17.32% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HD, try GPC, TGNA, CVGI, UFAB, and DECK.
The Home Depot (HD) -1.7% PM, named 20-years industry veteran Edward "Ted" P. Decker as president and COO, effective October 5, 2020; formerly served as EVP, merchandising since 2014.He will assume additional responsibility for global store operations, global supply chain, and outside sales and service.35-year veteran of Home Depot, Ann-Marie Campbell has been named EVP, U.S. stores and international...
Home Depot ([[HD]] -0.4%) says Ted Decker has been named president and chief operating officer of the company.Decker has served as executive vice president of merchandising at Home Depot since 2014. As the company's chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and...
Bizarro Recession: Q2 Retail Trade Profits Surge To Record High Tyler Durden Thu, 10/01/2020 - 13:11 As Joseph Carson, former chief economist of AllianceBernstein, writes every recession has unique features, but this is one for the record books (no pun intended). According to the GDP report released on Wednesday, operating profits for the retail trade sector hit a record high in Q2. BEA said record earnings from large retailers - Walmart, Amazon, Home Depot - were responsible for the gains . Record profits in retail occurred even when store bankruptcies are the highest since the Great Financial Recession. The record profits for the retail sector highlights the unusual nature of the recession. That is, the pandemic has hit the consumer service sector unlike most recessions that impacts c...