HD Supply (NASDAQ:HDS) posted its quarterly earnings data on Tuesday. The industrial products company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.05, Bloomberg Earnings reports. HD Supply had a net margin of 16.55% and a return on equity of 41.89%. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the company posted $0.44 EPS. HD Supply’s revenue was up 9.0% on a year-over-year basis. HD Supply updated its Q1 guidance to $0.60-0.66 EPS and its FY19 guidance to $2.99-3.21 EPS.
Shares of HD Supply (HDS) opened at $38.00 on Tuesday. The company has a market cap of $6,983.36, a price-to-earnings ratio of 6.93, a price-to-earnings-growth ratio of 0.66 and a beta of 1.31. HD Supply has a 1 year low of $28.97 and a 1 year high of $42.25. The company has a current ratio of 2.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.40.
HDS has been the subject of several research analyst reports. BidaskClub cut shares of HD Supply from a “sell” rating to a “strong sell” rating in a research report on Wednesday, January 31st. Royal Bank of Canada cut shares of HD Supply from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 3rd. ValuEngine cut shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. Zacks Investment Research cut shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. Finally, Barclays initiated 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 for the company. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $39.21.
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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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