HD Supply Sees Unusually Large Options Volume (NASDAQ:HDS)
HD Supply Holdings Inc (NASDAQ:HDS) was the recipient of unusually large options trading on Thursday. Stock investors purchased 7,004 call options on the company. This is an increase of 7,351% compared to the average volume of 94 call options.
NASDAQ:HDS traded up $0.14 on Friday, reaching $41.48. The company’s stock had a trading volume of 82,841 shares, compared to its average volume of 1,291,880. HD Supply has a 12-month low of $36.99 and a 12-month high of $47.13. The company has a quick ratio of 1.10, a current ratio of 1.98 and a debt-to-equity ratio of 1.85. The firm has a market cap of $6.79 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.68 and a beta of 1.10. The stock has a 50 day moving average price of $40.58 and a 200 day moving average price of $39.71.
HD Supply (NASDAQ:HDS) last posted its earnings results on Tuesday, December 10th. The industrial products company reported $1.01 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.01. HD Supply had a return on equity of 45.42% and a net margin of 7.51%. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the previous year, the business earned $1.00 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts expect that HD Supply will post 3.47 EPS for the current fiscal year.
HDS has been the topic of a number of research analyst reports. Bank of America lowered HD Supply from a “buy” rating to a “neutral” rating and set a $43.00 price target on the stock. in a research note on Tuesday, December 17th. ValuEngine raised HD Supply from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. BidaskClub lowered HD Supply from a “hold” rating to a “sell” rating in a research note on Thursday. Buckingham Research boosted their price objective on HD Supply from $39.00 to $40.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 11th. Finally, Zacks Investment Research lowered HD Supply from a “hold” rating to a “sell” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $44.80.
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 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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