HD Supply (NASDAQ:HDS) posted its quarterly earnings results on Tuesday, March 13th. The industrial products company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.05, Bloomberg Earnings reports. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. HD Supply had a net margin of 16.79% and a return on equity of 37.90%. HD Supply’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 earnings per share. HD Supply updated its Q1 guidance to $0.60-0.66 EPS and its FY19 guidance to $2.99-3.21 EPS.
Shares of HD Supply stock opened at $38.05 on Friday. HD Supply has a 12-month low of $28.97 and a 12-month high of $42.25. The company has a quick ratio of 1.93, a current ratio of 3.02 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $7,113.54, a PE ratio of 16.47, a P/E/G ratio of 0.78 and a beta of 1.25.
Institutional investors have recently modified their holdings of the company. Cerebellum GP LLC acquired a new position in shares of HD Supply in the 4th quarter valued at $132,000. Bessemer Group Inc. boosted its stake in HD Supply by 849.5% during the 4th quarter. Bessemer Group Inc. now owns 3,475 shares of the industrial products company’s stock worth $139,000 after purchasing an additional 3,109 shares during the period. American International Group Inc. acquired a new stake in HD Supply during the 4th quarter worth $177,000. Massey Quick Simon & CO. LLC acquired a new stake in HD Supply during the 3rd quarter worth $185,000. Finally, Cadence Capital Management LLC acquired a new stake in HD Supply during the 4th quarter worth $215,000. Institutional investors and hedge funds own 96.96% of the company’s stock.
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About HD Supply
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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