Home Depot Inc. (HD) is a well known chain that sells home improvement products. In addition, it also sells and installs various items such as central air conditioners and generators. On November 1, Home Depot had 2,246 stores, located mainly in the U.S., Canada, Mexico and China.
As far as fundamentals are concerned, net income has risen over the last three years. For year ended Feb 1, 2009, net income was $2.312 billion, for year ended Jan. 31, 2010 net income was $2.661 billion and for year ended on Jan 30, 2011 net income was $3.338 billion. The present profit margin (ttm) is 5.32% and the operating margin is (ttm) is 9.16% which is pretty good considering the depressed housing market and the general state of the economy. Most people have been economizing and pushing off home improvements and repairs as much as possible. Also, as far as management performance is concerned the Return on Assets is 9.56% and the Return on Equity is 20.4%.
The stock has a forward annual dividend yield of 3.20%. Over the past 2 years, the stock has been trading in a range between $29 to $38 and over the past 3 months has also risen from $29 to $ 38.
Some influential managers at Home Depot are: Cara Kinzey, Craig Menear, Mark Holifield, Giles Bowman, and Trish Mueller.
Disclaimer: The information contained in this article is only part of the information required for investment decision making. All investment decisions should be based on a thorough investment analysis.
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