- Institutional investors own a substantial 73% of The Home Depot, reflecting strong market confidence.
- The current average price target from analysts suggests a potential upside of 19.92%.
- GuruFocus estimates a more conservative upside of 1.17% based on GF Value metrics.
The Home Depot (HD) is a major player in the home improvement retail sector, with institutional investors holding a commanding 73% ownership of the company. Among these, prominent stakeholders are The Vanguard Group, possessing 9.6%, and BlackRock, with a 7.4% share. Insider ownership, however, is less than 1%, which is typical for large-cap firms.
Wall Street Analysts Forecast
According to the forecasts made by 35 Wall Street analysts, The Home Depot Inc's (HD) average one-year price target is set at $424.35. Predictions range from a high of $475.00 to a low of $297.34. These targets suggest an attractive upside of 19.92% from the current trading price of $353.86. For a more in-depth analysis, visit the The Home Depot Inc (HD, Financial) Forecast page.
The consensus from 42 brokerage firms currently rates The Home Depot Inc (HD) as a 2.1 on a 1 to 5 scale, which translates to an "Outperform" status. Within this scale, 1 represents a "Strong Buy" recommendation, whereas 5 indicates a "Sell" status.
GuruFocus Fair Value Estimation
In terms of valuation, GuruFocus' estimated GF Value for The Home Depot Inc (HD) over the next year stands at $358.00. This indicates a more conservative upside potential of 1.17% from the current price of $353.86. The GF Value calculation is grounded in historical trading multiples, previous business growth trajectories, and anticipated future performance metrics. More comprehensive data is available on the The Home Depot Inc (HD, Financial) Summary page.
