HD Supply (NASDAQ:HDS) – Stock analysts at Northcoast Research issued their Q1 2019 earnings per share (EPS) estimates for shares of HD Supply in a report released on Wednesday, March 14th, Zacks Investment Research reports. Northcoast Research analyst R. Cieslak expects that the industrial products company will post earnings per share of $0.64 for the quarter. Northcoast Research also issued estimates for HD Supply’s Q2 2019 earnings at $0.93 EPS, Q3 2019 earnings at $0.95 EPS and Q4 2019 earnings at $0.62 EPS.
Other analysts have also issued research reports about the stock. 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. Zacks Investment Research upgraded shares of HD Supply from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research report on Wednesday, March 21st. Barclays began coverage on shares of HD Supply in a research report on Thursday, February 15th. They set an “overweight” rating and a $44.00 target price on the stock. Goldman Sachs restated a “neutral” rating on shares of HD Supply in a research report on Monday, March 19th. Finally, ValuEngine upgraded shares of HD Supply from a “hold” rating to a “buy” rating in a research report on Wednesday, March 14th. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $40.57.
Shares of NASDAQ HDS opened at $38.05 on Friday. HD Supply has a 1 year low of $28.97 and a 1 year high of $42.25. The company has a market cap of $7,059.72, a P/E ratio of 16.47, a PEG ratio of 0.77 and a beta of 1.25. The company has a current ratio of 3.02, a quick ratio of 1.93 and a debt-to-equity ratio of 1.43.
HD Supply (NASDAQ:HDS) last announced its 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. HD Supply had a net margin of 16.79% and a return on equity of 37.90%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the business earned $0.44 earnings per share. HD Supply’s revenue was up 9.0% compared to the same quarter last year.
Several institutional investors and hedge funds have recently made changes to their positions in the business. Global X MANAGEMENT CO LLC boosted its holdings in shares of HD Supply by 25.1% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 7,989 shares of the industrial products company’s stock valued at $288,000 after purchasing an additional 1,604 shares during the last quarter. Thompson Investment Management Inc. raised its stake in shares of HD Supply by 1.7% in the 3rd quarter. Thompson Investment Management Inc. now owns 131,904 shares of the industrial products company’s stock valued at $4,758,000 after acquiring an additional 2,239 shares during the period. Swiss National Bank raised its stake in shares of HD Supply by 0.3% in the 4th quarter. Swiss National Bank now owns 744,100 shares of the industrial products company’s stock valued at $29,786,000 after acquiring an additional 2,400 shares during the period. Aperio Group LLC raised its stake in shares of HD Supply by 6.0% in the 4th quarter. Aperio Group LLC now owns 43,487 shares of the industrial products company’s stock valued at $1,741,000 after acquiring an additional 2,471 shares during the period. Finally, Brown Advisory Inc. raised its stake in shares of HD Supply by 8.9% in the 4th quarter. Brown Advisory Inc. now owns 31,428 shares of the industrial products company’s stock valued at $1,258,000 after acquiring an additional 2,565 shares during the period. Institutional investors own 96.96% of the company’s stock.
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HD Supply Company Profile
HD Supply Holdings, Inc operates as an industrial distributor in North America. It operates through two segments, Facilities Maintenance, and Construction & Industrial. The Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products.
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