Analysts expect that HD Supply Holdings Inc (NASDAQ:HDS) will announce $0.63 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for HD Supply’s earnings. The lowest EPS estimate is $0.60 and the highest is $0.64. HD Supply also posted earnings per share of $0.63 in the same quarter last year. The company is scheduled to announce its next quarterly earnings report on Tuesday, June 5th.
According to Zacks, analysts expect that HD Supply will report full-year earnings of $3.14 per share for the current financial year, with EPS estimates ranging from $3.00 to $3.28. For the next financial year, analysts expect that the firm will report earnings of $3.16 per share, with EPS estimates ranging from $3.00 to $3.41. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for HD Supply.
HD Supply (NASDAQ:HDS) last issued its quarterly earnings results on Tuesday, March 13th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.05. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. HD Supply had a net margin of 16.79% and a return on equity of 37.90%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share.
A number of analysts have issued reports on the stock. Royal Bank of Canada lowered shares of HD Supply from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 3rd. BidaskClub upgraded shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Tuesday, December 26th. Zacks Investment Research lowered shares of HD Supply from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. Goldman Sachs reiterated a “neutral” rating on shares of HD Supply in a research note on Monday. Finally, ValuEngine upgraded shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $39.71.
Several hedge funds have recently added to or reduced their stakes in HDS. Cerebellum GP LLC purchased a new stake in shares of HD Supply during the fourth quarter worth approximately $132,000. Bessemer Group Inc. increased its stake in shares of HD Supply by 849.5% during the fourth quarter. Bessemer Group Inc. now owns 3,475 shares of the industrial products company’s stock worth $139,000 after buying an additional 3,109 shares during the period. American International Group Inc. purchased a new stake in shares of HD Supply during the fourth quarter worth approximately $177,000. Cadence Capital Management LLC purchased a new stake in shares of HD Supply during the fourth quarter worth approximately $215,000. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of HD Supply during the fourth quarter worth approximately $228,000. Hedge funds and other institutional investors own 96.96% of the company’s stock.
Shares of HD Supply (NASDAQ HDS) traded down $1.03 during trading hours on Friday, reaching $36.95. 1,650,560 shares of the company’s stock were exchanged, compared to its average volume of 2,146,099. The company has a debt-to-equity ratio of 1.43, a current ratio of 3.02 and a quick ratio of 1.93. The stock has a market capitalization of $7,183.72, a price-to-earnings ratio of 7.38, a PEG ratio of 0.78 and a beta of 1.31. HD Supply has a one year low of $28.97 and a one year high of $42.25.
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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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