HD Supply (NASDAQ:HDS) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.99-3.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.95. The company issued revenue guidance of $5.76-5.91 billion, compared to the consensus revenue estimate of $5.49 billion.HD Supply also updated its Q1 guidance to $0.60-0.66 EPS.
Several research firms have commented on HDS. BidaskClub lowered HD Supply from a buy rating to a hold rating in a research report on Friday, January 5th. ValuEngine upgraded HD Supply from a hold rating to a buy rating in a research report on Tuesday, December 5th. SunTrust Banks restated a hold rating and issued a $42.00 price objective on shares of HD Supply in a research report on Thursday, December 7th. Zacks Investment Research upgraded HD Supply from a hold rating to a buy rating and set a $43.00 price objective on the stock in a research report 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 target price on the stock. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $39.21.
HD Supply (HDS) opened at $38.00 on Tuesday. HD Supply has a 52-week low of $28.97 and a 52-week high of $42.25. The stock has a market capitalization of $6,983.36, a P/E ratio of 6.93, a PEG ratio of 0.66 and a beta of 1.31. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.80 and a current ratio of 2.80.
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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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