HD Supply Holdings Inc (HDS) was Resumed by Credit Suisse to “Outperform”. Credit Suisse advised their investors in a research report released on Jun 17, 2016.
Many Wall Street Analysts have commented on HD Supply Holdings Inc. HD Supply Holdings Inc was Initiated by Longbow to “Buy” on Jun 2, 2016. HD Supply Holdings Inc was Initiated by Sterne Agee CRT to “Buy” on Mar 22, 2016.
On the company’s financial health, HD Supply Holdings Inc reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jun 7, 2016. Analyst had a consensus of $0.47. The company had revenue of $1844.00 million for the quarter, compared to analysts expectations of $1836.07 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.
HD Supply Holdings Inc opened for trading at $34.04 and hit $34.61 on the upside on Wednesday, eventually ending the session at $34.22, with a gain of 0.74% or 0.25 points. The heightened volatility saw the trading volume jump to 17,44,759 shares. Company has a market cap of $6,869 M.
In a different news, on Jun 10, 2016, Margaret Newman (SVP, Chief HR Officer) sold 18,000 shares at $36.00 per share price. According to the SEC, on Mar 8, 2016, Dan S Mcdevitt (Gen. Counsel & Corp. Secretary) sold 512 shares at $28.80 per share price. On Mar 8, 2016, Stephen O Leclair (Pres.,HD Supply Waterworks) sold 1,325 shares at $28.84 per share price, according to the Form-4 filing with the securities and exchange commission.
HD Supply Holdings Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance Waterworks Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance repair and operations (MRO) products provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products power plant MRO supplies and smart-grid products and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware tools engineered materials and safety products to non-residential and residential contractors.