Home Depot, Inc. (HD) – Leveraging Sidekick to have positive impact on customers and associates

Home Depot, Inc. (HD) (Q1FY24)

Introduction

The Home Depot, Inc. operates as a home improvement retailer. 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. In addition, it provides tool and equipment rental services.

The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, and building service contractors, as well as specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products, as well as through The Home Depot stores.

Highlights

Home Depot has been focusing on simplifying operations, and one of its strategies involves leveraging the SideKick application. This application uses machine learning to assist associates in prioritizing tasks more effectively. It directs them to specific areas where on-shelf availability is low or out of stock.

Stock performance

Home Depot stock gave returns of 7.1% and 3.8% in the period of three months and one year. The stock has a 52-week high of $347.25 and a 52-week low of $265.61. The stock gave returns of 22.6% and CAGR of 7% over a period of three years. The stock had a 200-Day Moving Average of $302.09 and a 50-Day Moving Average of $298.42.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 35

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