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Home Depot (NYSE:HD)‘s stock had its “buy” rating reaffirmed by TheStreet in a research note issued on Thursday, Analyst Ratings.Net reports.

The analysts wrote, “Home Depot (HD) has been reiterated by TheStreet Ratings as a buy with a ratings score of A. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.”

Home Depot (NYSE:HD) opened at 75.892 on Thursday. Home Depot has a one year low of $63.82 and a one year high of $82.57. The stock’s 50-day moving average is $79.98 and its 200-day moving average is $77.73. The company has a market cap of $106.9 billion and a P/E ratio of 20.39.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, November 19th. The company reported $0.95 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.89 by $0.06. The company had revenue of $19.47 billion for the quarter, compared to the consensus estimate of $19.17 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Analysts expect that Home Depot will post $3.75 EPS for the current fiscal year.

HD has been the subject of a number of other recent research reports. Analysts at Ned Davis Research downgraded shares of Home Depot from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 21st. Finally, analysts at Raymond James upgraded shares of Home Depot from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, December 13th. They now have a $85.50 price target on the stock. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the stock. Home Depot has a consensus rating of “Buy” and a consensus price target of $85.40.

The Home Depot, Inc (NYSE:HD) is a home improvement retailer.

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