Home Depot, Inc. (NYSE:HD) operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.

finviz dynamic chart for  HD

Stock Overview

  • Market Cap: 332.643 billion
  • PE Ratio: 19.67
  • EPS: 16.59
  • Dividend Yield: 2.33%

Home Depot is in a healthy financial position. Even if conditions were to deteriorate further, it has enough cash to maintain its debt obligations and dividends in the near future and is generating around $10 billion in free cash flow. The company is currently trading around 2 times its sales, which is low for its historical price-to-sales range over the past five years. Also, its price-to-earnings ratio is about19.67, which is just lower than the average for stocks within the S&P 500.

Being down 24% this year definitely means this high-quality stock is on sale compared to recent pricing. Long-term investors who are looking for reliability and a slightly higher-than-average dividend yield of 2.33% could benefit from investing in Home Depot today.

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