HD Supply (NASDAQ:HDS) updated its FY 2019 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.45-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.58. The company issued revenue guidance of $6.1-6.2 billion, compared to the consensus revenue estimate of $6.26 billion.HD Supply also updated its FY20 guidance to $3.45-3.60 EPS.

Shares of HD Supply stock opened at $39.35 on Thursday. The company has a current ratio of 2.06, a quick ratio of 1.07 and a debt-to-equity ratio of 1.77. The business has a 50-day moving average price of $38.92 and a two-hundred day moving average price of $41.56. HD Supply has a 1-year low of $35.35 and a 1-year high of $47.13. The company has a market cap of $6.97 billion, a P/E ratio of 11.57, a PEG ratio of 0.69 and a beta of 1.11.

HD Supply (NASDAQ:HDS) last issued its earnings results on Tuesday, September 10th. The industrial products company reported $1.08 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.08. HD Supply had a return on equity of 43.10% and a net margin of 6.70%. The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the business posted $0.99 EPS. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Equities research analysts forecast that HD Supply will post 3.56 EPS for the current fiscal year.

A number of research firms recently weighed in on HDS. Robert W. Baird lowered shares of HD Supply from an outperform rating to a neutral rating and reduced their price objective for the company from $50.00 to $40.00 in a research note on Wednesday. Northcoast Research reissued a buy rating on shares of HD Supply in a research note on Wednesday, June 12th. Longbow Research raised shares of HD Supply from a neutral rating to a buy rating and set a $53.00 price objective for the company in a research note on Monday, June 3rd. BidaskClub raised shares of HD Supply from a sell rating to a hold rating in a research note on Monday, July 29th. Finally, ValuEngine upgraded shares of HD Supply from a sell rating to a hold rating in a research report on Wednesday, September 4th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Buy and an average price target of $45.90.

In other HD Supply news, insider Jana Partners Llc sold 733,657 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $40.76, for a total transaction of $29,903,859.32. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.89% 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 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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