HD Supply (NASDAQ:HDS) released its quarterly earnings results on Tuesday. The industrial products company reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.01, Briefing.com reports. HD Supply had a return on equity of 45.42% and a net margin of 7.51%. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the company posted $1.00 earnings per share. The business’s revenue was up 2.0% on a year-over-year basis. HD Supply updated its Q4 guidance to $0.52-0.58 EPS and its FY 2019
Pre-Market guidance to $3.45-3.51 EPS.
Shares of HDS opened at $40.39 on Friday. HD Supply has a twelve month low of $35.35 and a twelve month high of $47.13. The stock’s 50 day moving average is $40.14 and its two-hundred day moving average is $39.68. The firm has a market capitalization of $6.40 billion, a PE ratio of 11.88, a P/E/G ratio of 0.57 and a beta of 1.09. The company has a current ratio of 1.98, a quick ratio of 1.10 and a debt-to-equity ratio of 1.85.
In related news, Director Lauren Taylor Wolfe purchased 600,000 shares of HD Supply stock in a transaction dated Friday, September 27th. The stock was bought at an average cost of $38.55 per share, for a total transaction of $23,130,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.89% of the stock is currently owned by insiders.
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.
Further Reading: What are the reasons investors use put options?
Receive News & Ratings for HD Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HD Supply and related companies with MarketBeat.com's FREE daily email newsletter.