HD Supply Holdings Inc (NASDAQ:HDS) – Analysts at William Blair issued their Q1 2020 EPS estimates for shares of HD Supply in a research note issued on Tuesday, December 4th. William Blair analyst R. Merkel expects that the industrial products company will post earnings per share of $0.85 for the quarter. William Blair also issued estimates for HD Supply’s Q2 2020 earnings at $1.20 EPS and FY2021 earnings at $3.42 EPS.

HD Supply (NASDAQ:HDS) last released its quarterly earnings results on Tuesday, December 4th. The industrial products company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.59 billion. HD Supply had a return on equity of 36.44% and a net margin of 11.96%. The company’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period last year, the business posted $0.80 earnings per share.

HDS has been the subject of a number of other reports. ValuEngine lowered HD Supply from a “buy” rating to a “hold” rating in a report on Friday, September 7th. BidaskClub upgraded HD Supply from a “sell” rating to a “hold” rating in a report on Friday, November 23rd. Zacks Investment Research upgraded HD Supply from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a report on Thursday, November 8th. Gordon Haskett initiated coverage on HD Supply in a report on Friday, October 12th. They issued a “hold” rating for the company. Finally, Jefferies Financial Group initiated coverage on HD Supply in a report on Friday, October 12th. They issued a “buy” rating and a $48.00 target price for the company. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. HD Supply presently has a consensus rating of “Buy” and an average target price of $47.67.

NASDAQ:HDS opened at $39.36 on Wednesday. The firm has a market capitalization of $7.33 billion, a P/E ratio of 17.04, a P/E/G ratio of 0.86 and a beta of 1.45. HD Supply has a 12-month low of $34.49 and a 12-month high of $46.29. The company has a quick ratio of 1.31, a current ratio of 2.27 and a debt-to-equity ratio of 1.30.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC increased its position in shares of HD Supply by 2.2% during the second quarter. Cubist Systematic Strategies LLC now owns 63,314 shares of the industrial products company’s stock worth $2,716,000 after purchasing an additional 1,336 shares in the last quarter. Aviance Capital Management LLC increased its position in shares of HD Supply by 53.4% during the second quarter. Aviance Capital Management LLC now owns 4,026 shares of the industrial products company’s stock worth $173,000 after purchasing an additional 1,401 shares in the last quarter. Raymond James & Associates increased its position in shares of HD Supply by 7.3% during the second quarter. Raymond James & Associates now owns 21,618 shares of the industrial products company’s stock worth $927,000 after purchasing an additional 1,463 shares in the last quarter. Standard Life Aberdeen plc increased its position in shares of HD Supply by 4.7% during the third quarter. Standard Life Aberdeen plc now owns 32,904 shares of the industrial products company’s stock worth $1,408,000 after purchasing an additional 1,464 shares in the last quarter. Finally, IFM Investors Pty Ltd increased its position in shares of HD Supply by 35.1% during the third quarter. IFM Investors Pty Ltd now owns 6,638 shares of the industrial products company’s stock worth $284,000 after purchasing an additional 1,724 shares in the last quarter. 95.09% of the stock is owned by institutional investors.

In other HD Supply news, Director Jana Partners Llc sold 621,235 shares of HD Supply stock in a transaction dated Friday, October 5th. The stock was sold at an average price of $42.37, for a total transaction of $26,321,726.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.72% of the stock is owned by insiders.

About HD Supply

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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Earnings History and Estimates for HD Supply (NASDAQ:HDS)

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