Does Earnings Surprise History Hold Any Clue for HD Supply (NASDAQ:HDS)

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Earnings results for HD Supply (NASDAQ:HDS)

HD Supply Holdings, Inc. is expected* to report earnings on 09/09/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.73. The reported EPS for the same quarter last year was $1.08.

HD Supply last released its quarterly earnings results on June 9th, 2020. The industrial products company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.15. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.36 billion. Its revenue was down 6.6% on a year-over-year basis. HD Supply has generated $3.57 earnings per share over the last year and currently has a price-to-earnings ratio of 15.6. HD Supply has confirmed that its next quarterly earnings report will be published on Wednesday, September 9th, 2020.

Analyst Opinion on HD Supply (NASDAQ:HDS)

12 Wall Street analysts have issued ratings and price targets for HD Supply in the last 12 months. Their average twelve-month price target is $40.90, predicting that the stock has a possible upside of 4.10%. The high price target for HDS is $50.00 and the low price target for HDS is $35.00. There are currently 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Hold.”

HD Supply has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 4 buy ratings, 8 hold ratings, and no sell ratings. According to analysts’ consensus price target of $40.90, HD Supply has a forecasted upside of 4.1% from its current price of $39.29. HD Supply has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: HD Supply (NASDAQ:HDS)

HD Supply does not currently pay a dividend. HD Supply does not have a long track record of dividend growth.

Insiders buying/selling: HD Supply (NASDAQ:HDS)

In the past three months, HD Supply insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,578,321.00 in company stock. Only 1.75% of the stock of HD Supply is held by insiders. 97.29% of the stock of HD Supply is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of HD Supply (NASDAQ:HDS

Earnings for HD Supply are expected to grow by 11.24% in the coming year, from $2.49 to $2.77 per share. The P/E ratio of HD Supply is 15.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.38. The P/E ratio of HD Supply is 15.59, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.20. HD Supply has a PEG Ratio of 4.18. PEG Ratios above 1 indicate that a company could be overvalued. HD Supply has a P/B Ratio of 4.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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