A Technical Look At 2 Stocks: The Home Depot, Inc. (HD), Hertz Global Holdings, Inc. (HTZ)

The Home Depot, Inc. (NYSE:HD) recorded a trading volume of 4.37 million shares, below its 90-day volume average of 4.8 million shares. The stock kicked off the session at $193.83 and later approached $196.17 with a change of 1.33%.

The Home Depot, Inc. (HD) Analyst Opinion

The Home Depot, Inc. has a consensus outperform rating from 35 Wall Street analysts, and the number of shares currently sold short amount to at least 0.85% of shares outstanding. The stock spiked 6.01% last month and is up 3.5 this year. Wall Street is only getting more bullish on the stock, with 26 of analysts who cover HD having a buy-equivalent rating. Analysts have placed a $212.01 price target on The Home Depot, Inc., suggesting a 8.07% gain from recent close. It’s currently trading about -5.51% below its 52-week high.

The Home Depot, Inc. Earnings Surprise

The Home Depot, Inc. (HD) surprised the stock market in its last reported earnings when it earned $2.08 a piece versus the consensus-estimated $2.05. Its revenue totaled $25.16 billion up 5.33% from the previous quarter.

The Home Depot, Inc. (NYSE:HD) Intraday View

This stock (HD) is ahead of its 52-week low with 35.99%. Its last month’s stock price volatility remained 1.51% which for the week stands at 1.5%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.28% and stays 7.65% away from its 50 days moving average. Over the last five days, shares have managed 5.16% gains and now is up 10.75% since hitting its 200-day moving average of $184.83. The Home Depot, Inc. (HD) has made its way to a 12-month gain of 26.59%.

Turning to Hertz Global Holdings, Inc. (NYSE:HTZ), its shares were trading at $15.65 a gain of $0.48, on the trading floor. The stock, after opening at $15.28, touched a high of $15.92 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Hertz Global Holdings, Inc. has 1 buy ratings, 3 holds and 0 sells even after the stock tumbled -42.61% from its high of $27.27 to a $1.33 billion market value through last close.

Hertz Global Holdings, Inc. (HTZ) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.75 to 3 during a month. Analysts set a 12-month price target of $20.86 a share. The target implies a 33.29% spike from where the shares are currently trading. Also, the current price highlights a discount of 142.81% to analysts’ high consensus price target.

Hertz Global Holdings, Inc. (NYSE:HTZ) Intraday Trading

The counter witnessed a trading volume of 2.78 million shares versus an average volume of 2.97 million shares during last trading session. Its last month’s stock price volatility remained 5.05% which for the week approaches 5.2%. The lowest price the stock reached in the last trading day was $15.28 and compares with the $8.52 52-week low. The stock recovered 83.69% since its low point and has performed -29.19% year-to-date.

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