HD Supply (HDS) Getting Somewhat Favorable News Coverage, Study Finds

Media headlines about HD Supply (NASDAQ:HDS) have been trending somewhat positive on Sunday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HD Supply earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.1431450978154 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

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HDS has been the subject of several recent research reports. Royal Bank of Canada downgraded shares of HD Supply from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 3rd. BidaskClub raised shares of HD Supply from a “hold” rating to a “buy” rating in a research report on Tuesday, December 26th. Zacks Investment Research downgraded shares of HD Supply from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. Goldman Sachs reissued a “neutral” rating on shares of HD Supply in a research report on Monday, March 19th. Finally, ValuEngine raised shares of HD Supply from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. Twelve analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $39.71.

Shares of HDS stock traded up $0.47 during mid-day trading on Friday, reaching $37.94. The company’s stock had a trading volume of 1,258,473 shares, compared to its average volume of 2,020,985. HD Supply has a 1-year low of $28.97 and a 1-year high of $42.25. The stock has a market cap of $7,039.01, a price-to-earnings ratio of 14.82, a P/E/G ratio of 0.77 and a beta of 1.31. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.93 and a current ratio of 3.02.

HD Supply (NASDAQ:HDS) last announced its quarterly earnings data on Tuesday, March 13th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.05. HD Supply had a net margin of 16.79% and a return on equity of 37.90%. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the prior year, the company posted $0.44 EPS. The business’s revenue was up 9.0% on a year-over-year basis. sell-side analysts predict that HD Supply will post 3.14 earnings per share for the current year.

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HD Supply Company Profile

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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