HD Supply (NASDAQ:HDS) updated its fourth quarter 2018 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.63-0.68 for the period, compared to the Thomson Reuters consensus estimate of $0.64. The company issued revenue guidance of $1.375-1.425 billion, compared to the consensus revenue estimate of $1.4 billion.HD Supply also updated its FY 2018 guidance to $3.33-3.38 EPS.

A number of research analysts have recently commented on the company. 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 price objective on the stock in a report on Thursday, November 8th. Gordon Haskett assumed coverage on HD Supply in a report on Friday, October 12th. They issued a hold rating on the stock. Jefferies Financial Group assumed coverage on HD Supply in a report on Friday, October 12th. They issued a buy rating and a $48.00 price objective on the stock. Finally, ValuEngine downgraded HD Supply from a buy rating to a hold rating in a report on Friday, September 7th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of $47.67.

NASDAQ:HDS opened at $39.36 on Thursday. The company has a market cap of $7.23 billion, a P/E ratio of 17.04, a PEG ratio of 0.85 and a beta of 1.45. The company has a current ratio of 2.27, a quick ratio of 1.31 and a debt-to-equity ratio of 1.30. HD Supply has a 52-week low of $34.49 and a 52-week high of $46.29.

HD Supply (NASDAQ:HDS) last released its quarterly earnings results on Tuesday, December 4th. The industrial products company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.59 billion. HD Supply had a return on equity of 38.58% and a net margin of 5.07%. The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS. On average, research analysts expect that HD Supply will post 3.33 EPS for the current fiscal year.

In related news, Director Jana Partners Llc sold 621,235 shares of the firm’s stock in a transaction that occurred on Friday, October 5th. The stock was sold at an average price of $42.37, for a total transaction of $26,321,726.95. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.72% of the company’s stock.

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HD Supply Company Profile

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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