HD Stock Summary and Trading Ideas (Home Depot | NYSE:HD)

Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and the 2024 tie-up with SRS will help grow professional demand in roofing, pool and landscaping projects.

Home Depot trades on the NYSE stock market under the symbol HD.

As of April 11, 2025, HD stock price climbed to $353.86 with 3,178,974 million shares trading.

HD has a beta of 0.70, meaning it tends to be less sensitive to market movements. HD has a correlation of 0.23 to the broad based SPY ETF.

HD has a market cap of $351.49 billion. This is considered a Mega Cap stock.

Last quarter Home Depot reported $40 billion in Revenue and $3.13 earnings per share. This beat revenue expectation by $564 million and exceeded earnings estimates by $.13.

In the last 3 years, HD traded as high as $439.37 and as low as $264.51.

The top ETF exchange traded funds that HD belongs to (by Net Assets): ELCV, EUSM, VTI, VOO, SPY.

HD has outperformed the market in the last year with a price return of +4.5% while the SPY ETF gained +4.5%. However, in the short term, HD had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.7% vs -7.7% return in SPY. But in the last 2 weeks, HD shares have fared better than the market returning -1.2% compared to SPY -3.9%.

HD support price is $345.81 and resistance is $361.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HD shares will trade within this expected range on the day.