FY2026 EPS Estimates for Home Depot Reduced by Analyst

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The Home Depot, Inc. (NYSE:HD - Free Report) - Equities researchers at Telsey Advisory Group dropped their FY2026 earnings per share (EPS) estimates for shares of Home Depot in a report released on Tuesday, November 18th. Telsey Advisory Group analyst J. Feldman now expects that the home improvement retailer will post earnings per share of $14.48 for the year, down from their prior forecast of $14.99. Telsey Advisory Group has a "Outperform" rating and a $430.00 price target on the stock. The consensus estimate for Home Depot's current full-year earnings is $15.13 per share. Telsey Advisory Group also issued estimates for Home Depot's Q1 2027 earnings at $3.69 EPS, Q2 2027 earnings at $4.90 EPS, Q3 2027 earnings at $4.06 EPS, Q4 2027 earnings at $2.84 EPS and FY2027 earnings at $15.50 EPS.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a net margin of 8.86% and a return on equity of 193.99%. The firm had revenue of $41.35 billion for the quarter, compared to analysts' expectations of $41.06 billion. During the same quarter in the previous year, the firm posted $3.78 EPS. The firm's revenue for the quarter was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS.

• Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain

Several other analysts also recently commented on HD. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Home Depot in a report on Thursday, November 13th. Truist Financial set a $379.00 price objective on Home Depot in a research note on Tuesday. The Goldman Sachs Group decreased their price objective on Home Depot from $444.00 to $406.00 and set a "buy" rating for the company in a report on Wednesday. Bank of America dropped their target price on Home Depot from $450.00 to $430.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, Wells Fargo & Company reduced their price target on Home Depot from $435.00 to $400.00 and set an "overweight" rating for the company in a research report on Wednesday. Twenty analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $410.36.

Read Our Latest Report on HD

Home Depot Stock Performance

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HD traded up $2.52 during trading on Thursday, reaching $337.02. 725,236 shares of the company's stock were exchanged, compared to its average volume of 3,538,091. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.15 and a quick ratio of 0.34. Home Depot has a 1 year low of $326.31 and a 1 year high of $439.37. The company's fifty day simple moving average is $388.76 and its 200-day simple moving average is $381.47. The stock has a market capitalization of $335.47 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00.

Institutional Trading of Home Depot

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Home Depot by 0.3% during the third quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer's stock worth $39,834,241,000 after acquiring an additional 331,217 shares during the last quarter. State Street Corp raised its holdings in Home Depot by 0.7% in the 2nd quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer's stock valued at $16,871,246,000 after acquiring an additional 300,352 shares during the last quarter. Geode Capital Management LLC lifted its stake in Home Depot by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer's stock worth $8,394,611,000 after purchasing an additional 327,674 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Home Depot by 1.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer's stock worth $5,341,724,000 after purchasing an additional 153,582 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Home Depot during the 2nd quarter worth approximately $4,885,603,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 5,483 shares of the firm's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $413.23, for a total value of $2,265,740.09. Following the transaction, the executive vice president directly owned 16,057 shares of the company's stock, valued at approximately $6,635,234.11. This trade represents a 25.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP William D. Bastek sold 3,783 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $410.23, for a total value of $1,551,900.09. Following the transaction, the executive vice president directly owned 24,235 shares of the company's stock, valued at $9,941,924.05. The trade was a 13.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 11,569 shares of company stock worth $4,792,086. Insiders own 0.10% of the company's stock.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells 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, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

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