Home Depot(HD) ZACKS·2025-02-19 23:51Group 1 - Home Depot's stock closed at 3.08, indicating a 9.22% increase from the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $39.02 billion, representing a 12.17% rise from the previous year [2] Group 3 - Recent changes in analyst estimates for Home Depot are important as they reflect short-term business trends, with positive revisions indicating analyst optimism [3] - Estimate revisions are correlated with near-term share price momentum, which can be leveraged using the Zacks Rank system [4] Group 4 - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically returning an average of +25% annually since 1988 [5] - Over the last 30 days, the Zacks Consensus EPS estimate for Home Depot has decreased by 0.33%, and the company currently holds a Zacks Rank of 3 (Hold) [5] Group 5 - Home Depot's Forward P/E ratio is 25.85, which is higher than the industry average of 20.08, indicating that the company is trading at a premium [6] - The current PEG ratio for Home Depot is 4.12, compared to the industry average PEG ratio of 2.03, suggesting a higher valuation relative to expected earnings growth [7] Group 6 - The Retail - Home Furnishings industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 141, placing it in the bottom 44% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]