Shares of Home Depot Inc. (The) (NYSE:HD) traded at a new 52-week high today of $357.36. This new high was reached on below average trading volume as 978,000 shares traded hands, while the average 30-day volume is approximately 3.1 million shares.
Home Depot Inc. (The) (NYSE:HD) defies analysts with a current price ($355.99) 16.5% above its average consensus price target of $297.31.
Home Depot Inc. (The) share prices have moved between a 52-week high of $357.36 and a 52-week low of $246.59 and are now trading 44% above that low price at $355.99 per share.
Home Depot is the world’s largest home improvement specialty retailer, operating nearly 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply. The addition of the Company Store brought textile exposure to Home Depot’s lineup.
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