Is Wall Street Bullish or Bearish on Home Depot Stock?

Valued at a market cap of $376.6 billion, The Home Depot, Inc. (HD) is the world’s largest home-improvement retailer, headquartered in Atlanta, Georgia. It operates a nationwide network of big-box stores across the U.S., Canada, and Mexico, offering a broad range of products for home renovation, construction, gardening, and maintenance, including building materials, tools, appliances, and décor.

This home improvement giant has lagged behind the broader market over the past 52 weeks. Shares of HD have declined 3.2% over this time frame, while the broader S&P 500 Index ($SPX) has surged 18.5%. Moreover, on a YTD basis, the stock is down 1.5%, compared to SPX’s 15.1% uptick.