HD Supply (HDS) Earning Somewhat Positive News Coverage, Analysis Shows

News coverage about HD Supply (NASDAQ:HDS) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HD Supply earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.31759021935 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several research analysts have recently issued reports on HDS shares. Zacks Investment Research lowered HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. BidaskClub lowered HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. SunTrust Banks restated a “hold” rating and issued a $35.00 price target on shares of HD Supply in a research report on Friday, November 10th. Royal Bank of Canada lowered HD Supply from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 3rd. Finally, ValuEngine lowered HD Supply from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $38.85.

Shares of HD Supply (NASDAQ:HDS) traded up $0.18 during trading on Tuesday, reaching $36.24. The company had a trading volume of 1,055,498 shares, compared to its average volume of 2,280,000. The firm has a market cap of $6,730.00, a P/E ratio of 30.20, a PEG ratio of 0.63 and a beta of 1.28. HD Supply has a twelve month low of $28.97 and a twelve month high of $44.73. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.80 and a quick ratio of 1.80.

HD Supply (NASDAQ:HDS) last issued its quarterly earnings data 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 business had revenue of $1.37 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business posted $0.83 EPS. equities research analysts predict that HD Supply will post 2.27 EPS for the current fiscal year.

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About HD Supply

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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