HD Supply (HDS) Getting Somewhat Positive Press Coverage, Analysis Finds

Press coverage about HD Supply (NASDAQ:HDS) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. HD Supply earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 44.938289373733 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of HD Supply (NASDAQ:HDS) traded up $0.46 during trading on Thursday, reaching $38.96. 2,280,300 shares of the company were exchanged, compared to its average volume of 2,610,000. HD Supply has a one year low of $28.97 and a one year high of $44.73. The company has a quick ratio of 1.80, a current ratio of 2.80 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $7,230.00, a P/E ratio of 32.47, a P/E/G ratio of 0.87 and a beta of 1.40.

HD Supply (NASDAQ:HDS) last issued its quarterly earnings results on Tuesday, December 5th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.05. HD Supply had a net margin of 16.55% and a return on equity of 41.89%. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. analysts predict that HD Supply will post 2.27 EPS for the current year.

Several research firms have recently commented on HDS. BidaskClub raised shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. ValuEngine raised shares of HD Supply from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. 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. Zacks Investment Research raised shares of HD Supply from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research note on Monday, October 9th. Finally, Wells Fargo & Co raised their price objective on shares of HD Supply from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, October 6th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $38.85.

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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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