News headlines about HD Supply Holdings (NASDAQ:HDS) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. HD Supply Holdings earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- ETFs with exposure to HD Supply Holdings, Inc. : June 20, 2017 (finance.yahoo.com)
- HD Supply Holdings, Inc. (HDS) Expected to Announce Quarterly Sales of $1.35 Billion (americanbankingnews.com)
- HD Supply Holdings’ (HDS) “Neutral” Rating Reaffirmed at Susquehanna Bancshares Inc (americanbankingnews.com)
- Zacks: Analysts Expect HD Supply Holdings, Inc. (HDS) to Post $0.65 Earnings Per Share (americanbankingnews.com)
- Form 3 HD Supply Holdings, Inc. For: Jun 14 Filed by: STENGEL WILLIAM P II (streetinsider.com)
Several equities analysts have commented on the stock. Raymond James Financial, Inc. upgraded shares of HD Supply Holdings from a “market perform” rating to an “outperform” rating and set a $44.00 price target for the company in a research note on Friday, April 21st. Zacks Investment Research downgraded shares of HD Supply Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, March 16th. Deutsche Bank AG downgraded shares of HD Supply Holdings from a “buy” rating to a “hold” rating and set a $33.00 price objective for the company. in a research note on Friday, June 9th. Royal Bank Of Canada restated a “buy” rating and issued a $53.00 price objective on shares of HD Supply Holdings in a research note on Sunday, March 12th. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of HD Supply Holdings in a report on Thursday, March 16th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. HD Supply Holdings currently has an average rating of “Hold” and an average target price of $40.00.
HD Supply Holdings (NASDAQ:HDS) traded down 0.93% during trading on Tuesday, reaching $32.08. 3,811,612 shares of the company’s stock were exchanged. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 22.06 and a beta of 1.37. HD Supply Holdings has a 52 week low of $30.05 and a 52 week high of $44.73. The company’s 50 day moving average price is $38.24 and its 200-day moving average price is $40.88.
HD Supply Holdings (NASDAQ:HDS) last issued its quarterly earnings results on Tuesday, June 6th. The industrial products company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.65 by $0.02. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.86 billion. HD Supply Holdings had a return on equity of 58.13% and a net margin of 3.92%. HD Supply Holdings’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. On average, equities analysts expect that HD Supply Holdings will post $2.10 EPS for the current year.
In related news, Director Betsy S. Atkins sold 3,096 shares of the firm’s stock in a transaction on Thursday, March 30th. The shares were sold at an average price of $40.50, for a total value of $125,388.00. Following the completion of the transaction, the director now directly owns 3,868 shares of the company’s stock, valued at $156,654. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Joseph J. Deangelo sold 600,000 shares of the firm’s stock in a transaction on Thursday, March 30th. The shares were sold at an average price of $40.74, for a total transaction of $24,444,000.00. Following the completion of the transaction, the chairman now directly owns 391,331 shares of the company’s stock, valued at $15,942,824.94. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,241 shares of company stock valued at $53,624,904 over the last ninety days. Company insiders own 1.16% of the company’s stock.
About HD Supply Holdings
HD Supply Holdings, Inc is an industrial distributor in North America. The Company’s segments include Facilities Maintenance, Waterworks, 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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