HD Supply (NASDAQ:HDS) updated its FY 2019
Pre-Market earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.45-3.51 for the period, compared to the Thomson Reuters consensus estimate of $3.50. The company issued revenue guidance of $$6.116-6.166 billion, compared to the consensus revenue estimate of $$6.15 billion.HD Supply also updated its Q4 guidance to $0.52-0.58 EPS.

Several research firms have weighed in on HDS. ValuEngine raised HD Supply from a sell rating to a hold rating in a report on Tuesday, December 3rd. SunTrust Banks raised their price target on HD Supply to $50.00 and gave the company a buy rating in a report on Wednesday, September 25th. Wells Fargo & Co reaffirmed a buy rating on shares of HD Supply in a report on Monday. BidaskClub cut HD Supply from a sell rating to a strong sell rating in a report on Saturday, November 23rd. Finally, William Blair cut HD Supply from an outperform rating to a market perform rating in a report on Wednesday, September 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $45.90.

Shares of HD Supply stock traded down $0.92 during trading on Tuesday, hitting $39.08. 2,037,290 shares of the stock traded hands, compared to its average volume of 1,001,513. The company has a quick ratio of 1.10, a current ratio of 2.05 and a debt-to-equity ratio of 1.66. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 0.58 and a beta of 1.10. The firm’s fifty day moving average is $40.16 and its 200-day moving average is $39.72. HD Supply has a 52 week low of $35.35 and a 52 week high of $47.13.

HD Supply (NASDAQ:HDS) last announced its quarterly earnings data on Tuesday, September 10th. The industrial products company reported $1.08 EPS for the quarter, meeting the consensus estimate of $1.08. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.63 billion. HD Supply had a return on equity of 44.51% and a net margin of 6.74%. The company’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.99 EPS. On average, analysts forecast that HD Supply will post 3.5 earnings per share for the current fiscal year.

In related news, Director Lauren Taylor Wolfe purchased 600,000 shares of HD Supply stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average cost of $38.55 per share, for a total transaction of $23,130,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.89% of the stock is currently owned by corporate 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 supplies, appliances, janitorial supplies, hardware products, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance products, 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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