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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Home Depot Inc. To summarize, we found that Home Depot Inc ranked in the 49th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 22.33%. The most interesting components of our discounted cash flow analysis for Home Depot Inc ended up being:
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 32.18% 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 15.18% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CMPR, HMTV, LEG, BC, and KBAL can be thought of as valuation peers to HD, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
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...