HD Supply Holdings Inc (NASDAQ:HDS) has earned a consensus recommendation of “Hold” from the eighteen ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $37.80.
Several analysts have issued reports on HDS shares. BidaskClub raised shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Morgan Stanley reissued an “equal weight” rating and issued a $38.00 price objective (up previously from $37.00) on shares of HD Supply in a research note on Monday, October 2nd. ValuEngine raised shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Wells Fargo & Co raised their price objective on shares of HD Supply from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, October 6th. Finally, Robert W. Baird reissued a “hold” rating and issued a $38.00 price objective on shares of HD Supply in a research note on Monday, October 9th.
Several institutional investors have recently bought and sold shares of HDS. FMR LLC raised its stake in shares of HD Supply by 16.4% during the second quarter. FMR LLC now owns 29,562,670 shares of the industrial products company’s stock valued at $905,504,000 after acquiring an additional 4,162,500 shares in the last quarter. BlackRock Inc. raised its stake in shares of HD Supply by 20.6% during the second quarter. BlackRock Inc. now owns 9,886,158 shares of the industrial products company’s stock valued at $302,814,000 after acquiring an additional 1,688,213 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of HD Supply by 60.2% during the third quarter. JPMorgan Chase & Co. now owns 4,101,368 shares of the industrial products company’s stock valued at $148,182,000 after acquiring an additional 1,541,426 shares in the last quarter. OZ Management LP raised its stake in shares of HD Supply by 36.4% during the third quarter. OZ Management LP now owns 5,216,940 shares of the industrial products company’s stock valued at $188,175,000 after acquiring an additional 1,392,371 shares in the last quarter. Finally, State Street Corp raised its stake in shares of HD Supply by 37.3% during the second quarter. State Street Corp now owns 3,526,699 shares of the industrial products company’s stock valued at $108,026,000 after acquiring an additional 957,778 shares in the last quarter.
HD Supply (HDS) traded up $0.72 on Friday, reaching $39.02. The company had a trading volume of 1,830,000 shares, compared to its average volume of 2,540,000. The stock has a market capitalization of $7,250.00, a price-to-earnings ratio of 32.52, a P/E/G ratio of 0.84 and a beta of 1.40. HD Supply has a 12 month low of $28.97 and a 12 month high of $44.73. The company has a current ratio of 2.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.40.
HD Supply (NASDAQ:HDS) last released its quarterly earnings results on Tuesday, December 5th. The industrial products company reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.05. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.34 billion. HD Supply had a return on equity of 41.89% and a net margin of 16.55%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the business posted $0.83 earnings per share. analysts predict that HD Supply will post 2.27 earnings per share for the current year.
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HD Supply Company Profile
HD Supply Holdings, Inc is an industrial distributor in North America. The Company’s segments include Facilities Maintenance, Construction & Industrial-White Cap, and Corporate. As of January 29, 2017, the Company operated through approximately 500 locations across 48 states in the United States and six Canadian provinces.
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