HD Supply (NASDAQ:HDS) issued an update on its FY19 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.99-3.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.95. The company issued revenue guidance of $5.76-5.91 billion, compared to the consensus revenue estimate of $5.49 billion.HD Supply also updated its Q1 guidance to $0.60-0.66 EPS.
Shares of HDS stock opened at $38.05 on Friday. The company has a quick ratio of 1.93, a current ratio of 3.02 and a debt-to-equity ratio of 1.43. HD Supply has a 1-year low of $28.97 and a 1-year high of $42.25. The firm has a market cap of $7,113.54, a price-to-earnings ratio of 16.47, a P/E/G ratio of 0.78 and a beta of 1.25.
HD Supply (NASDAQ:HDS) last issued its quarterly earnings data on Tuesday, March 13th. The industrial products company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.05. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. HD Supply had a net margin of 16.79% and a return on equity of 37.90%. HD Supply’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $0.44 EPS. equities analysts forecast that HD Supply will post 3.14 earnings per share for the current fiscal year.
A number of research firms have commented on HDS. Royal Bank of Canada downgraded shares of HD Supply from an outperform rating to a sector perform rating in a research report on Wednesday, January 3rd. BidaskClub raised shares of HD Supply from a hold rating to a buy rating in a research note on Tuesday, December 26th. Zacks Investment Research cut shares of HD Supply from a buy rating to a hold rating in a research note on Friday, December 8th. Goldman Sachs reaffirmed a neutral rating on shares of HD Supply in a research note on Monday, March 19th. Finally, Deutsche Bank set a $45.00 target price on shares of HD Supply and gave the stock a buy rating in a research report on Friday. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. HD Supply currently has an average rating of Hold and a consensus price target of $40.57.
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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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