HD Supply (NASDAQ:HDS) announced its quarterly earnings results on Tuesday. The industrial products company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.05, Morningstar.com reports. HD Supply had a return on equity of 41.89% and a net margin of 16.55%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the firm posted $0.44 earnings per share. The firm’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.
HD Supply (NASDAQ HDS) opened at $36.87 on Tuesday. The company has a current ratio of 2.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.40. The company has a market capitalization 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 52-week low of $28.97 and a 52-week high of $42.80.
HDS has been the subject of a number of research analyst reports. BidaskClub raised HD Supply from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Zacks Investment Research raised HD Supply from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Thursday, December 7th. ValuEngine raised HD Supply from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. SunTrust Banks reaffirmed a “hold” rating and issued a $42.00 price target on shares of HD Supply in a research note on Thursday, December 7th. Finally, Barclays assumed coverage on HD Supply in a research report on Thursday, February 15th. They set an “overweight” rating and a $44.00 price objective for the company. One equities 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 presently has a consensus rating of “Hold” and an average target price of $39.21.
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HD Supply Company Profile
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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