Media stories about HD Supply Holdings (NASDAQ:HDS) have been trending somewhat positive on Friday, Alpha One Sentiment reports. Alpha One, a division of Accern, identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HD Supply Holdings earned a daily sentiment score of 0.05 on Alpha One’s scale. Alpha One also assigned media stories about the industrial products company an impact score of 85 out of 100, meaning that recent press coverage is very likely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Alpha One’s rankings:
- HD Supply Holdings Inc (NASDAQ:HDS) & Anadarko Petroleum Corporation (NYSE:APC) Stocks Buzz – Daily News Journal (journalfinance.net)
- Worth Watching Stocks: TherapeuticsMD Inc (NYSEMKT:TXMD), HD Supply Holdings Inc (NASDAQ:HDS), Allison … – Wall Street Times (press release) (wallstreetnews24.com)
- HD Supply Holdings (HDS) Earns Daily News Impact Rating of 0.36 (americanbankingnews.com)
- HD Supply Holdings Inc (HDS) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- HD Supply Holdings Inc (HDS) Shares Sold by Highland Capital Management LLC (brazilbusiness.einnews.com)
A number of equities analysts have weighed in on the company. Royal Bank of Canada reissued a “buy” rating and set a $53.00 price target on shares of HD Supply Holdings in a research report on Tuesday, April 11th. Zacks Investment Research downgraded HD Supply Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, March 16th. Finally, Credit Suisse Group AG reissued a “buy” rating on shares of HD Supply Holdings in a research report on Thursday, March 16th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $43.90.
HD Supply Holdings (NASDAQ:HDS) traded up 0.38% during trading on Friday, hitting $39.92. The stock had a trading volume of 1,678,664 shares. The firm has a 50 day moving average price of $40.96 and a 200-day moving average price of $39.60. HD Supply Holdings has a 1-year low of $30.05 and a 1-year high of $44.73. The firm has a market capitalization of $8.04 billion, a PE ratio of 41.15 and a beta of 1.39.
HD Supply Holdings (NASDAQ:HDS) last announced its quarterly earnings results on Tuesday, March 14th. The industrial products company reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.01. HD Supply Holdings had a net margin of 13.62% and a return on equity of 61.66%. The firm earned $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm earned $0.27 EPS. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts expect that HD Supply Holdings will post $3.35 EPS for the current year.
In other news, insider Stephen O. Leclair sold 1,325 shares of HD Supply Holdings stock in a transaction on Tuesday, March 7th. The shares were sold at an average price of $42.59, for a total transaction of $56,431.75. Following the completion of the sale, the insider now directly owns 23,700 shares of the company’s stock, valued at approximately $1,009,383. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Betsy S. Atkins sold 3,096 shares of HD Supply Holdings stock in a transaction on Thursday, March 30th. The stock was sold at an average price of $40.50, for a total transaction of $125,388.00. Following the sale, the director now directly owns 3,868 shares of the company’s stock, valued at $156,654. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,346,620 shares of company stock valued at $54,958,455. Insiders own 0.98% of the company’s stock.
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About HD Supply Holdings
HD Supply Holdings, Inc is an industrial distributor in North America. The Company’s segments include Facilities Maintenance, Waterworks, 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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