HD Supply Holdings Inc (NASDAQ:HDS) has been assigned an average recommendation of “Buy” from the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $47.33.

A number of research firms have commented on HDS. Buckingham Research reduced their target price on HD Supply from $50.00 to $46.00 and set a “buy” rating on the stock in a research report on Tuesday, June 18th. ValuEngine cut HD Supply from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. BidaskClub raised HD Supply from a “sell” rating to a “hold” rating in a research note on Monday, July 29th. Wells Fargo & Co dropped their price objective on HD Supply from $55.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, June 12th. Finally, Longbow Research raised 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.

In related news, insider Jana Partners Llc sold 733,657 shares of the business’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $40.76, for a total transaction of $29,903,859.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.89% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kornitzer Capital Management Inc. KS boosted its position in shares of HD Supply by 0.4% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 64,103 shares of the industrial products company’s stock worth $2,779,000 after acquiring an additional 252 shares in the last quarter. Eqis Capital Management Inc. boosted its position in shares of HD Supply by 4.8% during the 2nd quarter. Eqis Capital Management Inc. now owns 6,951 shares of the industrial products company’s stock worth $280,000 after acquiring an additional 318 shares in the last quarter. FinTrust Capital Advisors LLC boosted its position in shares of HD Supply by 36.7% during the 1st quarter. FinTrust Capital Advisors LLC now owns 1,303 shares of the industrial products company’s stock worth $56,000 after acquiring an additional 350 shares in the last quarter. Pearl River Capital LLC lifted its holdings in shares of HD Supply by 18.4% in the 2nd quarter. Pearl River Capital LLC now owns 2,368 shares of the industrial products company’s stock valued at $95,000 after purchasing an additional 368 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its holdings in shares of HD Supply by 0.6% in the 1st quarter. Montag A & Associates Inc. now owns 65,050 shares of the industrial products company’s stock valued at $2,820,000 after purchasing an additional 400 shares during the last quarter.

NASDAQ:HDS traded up $0.62 on Friday, reaching $38.05. The company’s stock had a trading volume of 12,074 shares, compared to its average volume of 1,372,628. HD Supply has a 12-month low of $35.35 and a 12-month high of $47.13. The company has a quick ratio of 1.07, a current ratio of 2.06 and a debt-to-equity ratio of 1.77. The firm has a market cap of $6.49 billion, a price-to-earnings ratio of 11.18, a price-to-earnings-growth ratio of 0.64 and a beta of 1.13. The stock has a 50 day moving average price of $39.39 and a 200 day moving average price of $42.02.

HD Supply (NASDAQ:HDS) last posted its earnings results on Tuesday, June 11th. The industrial products company reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.03. HD Supply had a return on equity of 43.10% and a net margin of 6.70%. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the business earned $0.70 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Equities research analysts expect that HD Supply will post 3.58 EPS for the current fiscal year.

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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Analyst Recommendations for HD Supply (NASDAQ:HDS)

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