HD Supply Holdings, Inc. (NASDAQ:HDS) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $2.13-2.29 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.11. The company issued revenue guidance of $5.0-5.1 billion, compared to the consensus revenue estimate of $5.10 billion.HD Supply Holdings also updated its Q3 guidance to $0.73-0.79 EPS.

Several brokerages recently commented on HDS. Susquehanna Bancshares Inc reaffirmed a neutral rating on shares of HD Supply Holdings in a report on Wednesday, June 14th. Robert W. Baird downgraded shares of HD Supply Holdings from an outperform rating to a neutral rating and reduced their target price for the stock from $47.00 to $37.00 in a report on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and set a $35.00 target price on shares of HD Supply Holdings in a report on Wednesday, August 16th. BidaskClub downgraded shares of HD Supply Holdings from a sell rating to a strong sell rating in a report on Wednesday, June 28th. Finally, Zacks Investment Research raised shares of HD Supply Holdings from a hold rating to a buy rating and set a $35.00 target price for the company in a report on Friday, August 25th. Twelve research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. HD Supply Holdings presently has a consensus rating of Hold and an average price target of $38.54.

HD Supply Holdings, Inc. (NASDAQ HDS) opened at 33.79 on Thursday. The stock has a 50 day moving average of $31.65 and a 200 day moving average of $36.52. HD Supply Holdings, Inc. has a 12 month low of $28.97 and a 12 month high of $44.73. The firm has a market capitalization of $6.85 billion, a PE ratio of 23.24 and a beta of 1.40.

HD Supply Holdings (NASDAQ:HDS) last released its quarterly earnings data on Wednesday, September 6th. The industrial products company reported $0.64 EPS for the quarter, meeting analysts’ consensus estimates of $0.64. HD Supply Holdings had a net margin of 3.92% and a return on equity of 58.13%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the business earned $0.85 earnings per share. HD Supply Holdings’s revenue was up 5.4% compared to the same quarter last year. On average, equities analysts predict that HD Supply Holdings, Inc. will post $2.11 earnings per share for the current fiscal year.

HD Supply Holdings declared that its board has approved a share repurchase plan on Tuesday, June 6th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the industrial products company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

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About HD Supply Holdings

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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