Shares of HD Supply Holdings Inc (NASDAQ:HDS) have earned a consensus recommendation of “Hold” from the nineteen research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $39.00.
Several analysts recently issued reports on the company. Royal Bank of Canada downgraded HD Supply from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 3rd. BidaskClub downgraded HD Supply from a “buy” rating to a “hold” rating in a report on Friday, January 5th. ValuEngine raised HD Supply from a “hold” rating to a “buy” rating in a report on Tuesday, December 5th. Zacks Investment Research raised HD Supply from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a report on Thursday, December 7th. Finally, SunTrust Banks reissued a “hold” rating and issued a $42.00 price target on shares of HD Supply in a report on Thursday, December 7th.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Cerebellum GP LLC acquired a new stake in HD Supply in the 4th quarter valued at approximately $132,000. Bessemer Group Inc. increased its position in shares of HD Supply by 849.5% during the 4th quarter. Bessemer Group Inc. now owns 3,475 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 3,109 shares during the period. American International Group Inc. acquired a new position in shares of HD Supply during the 4th quarter valued at $177,000. Massey Quick Simon & CO. LLC acquired a new position in shares of HD Supply during the 3rd quarter valued at $185,000. Finally, Cadence Capital Management LLC acquired a new position in shares of HD Supply during the 4th quarter valued at $215,000. Hedge funds and other institutional investors own 96.93% of the company’s stock.
HD Supply (HDS) traded up $0.07 during trading hours on Friday, reaching $38.08. The company’s stock had a trading volume of 1,292,698 shares, compared to its average volume of 2,153,392. 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 has a 52 week low of $28.97 and a 52 week high of $42.25. The company has a market cap of $7,068.26, a P/E ratio of 7.61, a PEG ratio of 0.64 and a beta of 1.31.
HD Supply (NASDAQ:HDS) last released its earnings results on Tuesday, March 13th. The industrial products company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.05. HD Supply had a return on equity of 39.54% and a net margin of 16.79%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter last year, the business posted $0.44 EPS. HD Supply’s quarterly revenue was up 9.0% compared to the same quarter last year. analysts anticipate that HD Supply will post 2.98 earnings per share for the current fiscal 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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