Staples (SPLS) to Release Earnings on Wednesday
Staples (NASDAQ:SPLS) will be releasing its Q214 earnings data on Wednesday, August 20th. Analysts expect Staples to post earnings of $0.11 per share and revenue of $5.16 billion for the quarter. Persons interested in registering for the company’s conference call can do so using this link.
Staples (NASDAQ:SPLS) opened at 11.53 on Tuesday. Staples has a 52-week low of $10.70 and a 52-week high of $17.01. The stock has a 50-day moving average of $11.22 and a 200-day moving average of $11.88. The company has a market cap of $7.456 billion and a P/E ratio of 13.86.
A number of research firms have recently commented on SPLS. Analysts at Wolfe Research downgraded shares of Staples to an “underperform” rating in a research note on Wednesday, July 23rd. On the ratings front, analysts at Goldman Sachs initiated coverage on shares of Staples in a research note on Tuesday, June 24th. They set an “underweight” rating and a $11.00 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Staples in a research note on Tuesday, June 24th. They set an “underweight” rating and a $11.00 price target on the stock. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $12.77.
Staples, Inc (NASDAQ:SPLS) is an office products company.
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