Home Depot Director Mark Vadon Purchases 10,000 Shares (HD)
Home Depot (NYSE:HD) Director Mark Vadon acquired 10,000 shares of Home Depot stock on the open market in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average cost of $75.20 per share, with a total value of $752,000.00. Following the purchase, the director now directly owns 16,095 shares in the company. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on HD shares. Analysts at TheStreet reiterated a “buy” rating on shares of Home Depot (NYSE:HD) in a research note to investors on Friday, September 6th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Home Depot (NYSE:HD) in a research note to investors on Thursday, September 5th. They now have a $78.00 price target on the stock.
Eleven equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Home Depot currently has an average rating of “Buy” and a consensus price target of $81.00.
Home Depot (NYSE:HD) traded up 0.57% during mid-day trading on Monday, hitting $75.54. 8,065,339 shares of the company’s stock traded hands. Home Depot has a one year low of $58.51 and a one year high of $81.56. The stock’s 50-day moving average is $76.2 and its 200-day moving average is $75.19. The company has a market cap of $108.2 billion and a P/E ratio of 22.24.
Home Depot (NYSE:HD) last announced its earnings results on Tuesday, August 20th. The company reported $1.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.20 by $0.04. The company had revenue of $22.50 billion for the quarter, compared to the consensus estimate of $21.72 billion. During the same quarter last year, the company posted $1.01 earnings per share. Home Depot’s revenue was up 9.5% compared to the same quarter last year. Analysts expect that Home Depot will post $3.69 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 19th. Investors of record on Thursday, September 5th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Tuesday, September 3rd.
The Home Depot, Inc (NYSE:HD) is a home improvement retailer.
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