Equities analysts predict that HD Supply Holdings, Inc. (NASDAQ:HDS) will report $0.75 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for HD Supply Holdings’ earnings, with the highest EPS estimate coming in at $0.77 and the lowest estimate coming in at $0.74. HD Supply Holdings posted earnings of $0.83 per share during the same quarter last year, which would indicate a negative year over year growth rate of 9.6%. The business is scheduled to announce its next earnings report on Tuesday, December 5th.

According to Zacks, analysts expect that HD Supply Holdings will report full-year earnings of $2.21 per share for the current financial year, with EPS estimates ranging from $2.16 to $2.31. For the next year, analysts expect that the firm will report earnings of $2.80 per share, with EPS estimates ranging from $2.50 to $3.08. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow HD Supply Holdings.

HD Supply Holdings (NASDAQ:HDS) last posted its quarterly earnings results on Wednesday, September 6th. The industrial products company reported $0.64 earnings per share for the quarter, hitting the consensus estimate of $0.64. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.35 billion. HD Supply Holdings had a return on equity of 49.76% and a net margin of 9.31%. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 EPS.

HDS has been the subject of a number of research reports. Credit Suisse Group cut HD Supply Holdings from an “outperform” rating to a “neutral” rating and set a $33.00 price objective for the company. in a research report on Friday, September 8th. J P Morgan Chase & Co upgraded HD Supply Holdings from a “neutral” rating to an “overweight” rating and set a $36.00 price objective for the company in a research report on Friday, July 14th. Royal Bank Of Canada upped their price objective on HD Supply Holdings from $39.00 to $41.00 and gave the company an “outperform” rating in a research report on Wednesday, August 30th. Zacks Investment Research cut HD Supply Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, BidaskClub upgraded HD Supply Holdings from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Twelve investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $38.71.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its stake in shares of HD Supply Holdings by 648.1% in the first quarter. Tower Research Capital LLC TRC now owns 3,718 shares of the industrial products company’s stock worth $153,000 after acquiring an additional 3,221 shares during the period. Creative Planning boosted its stake in shares of HD Supply Holdings by 15.2% in the second quarter. Creative Planning now owns 3,800 shares of the industrial products company’s stock worth $116,000 after acquiring an additional 500 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of HD Supply Holdings in the second quarter worth about $129,000. Barrett Asset Management LLC bought a new position in shares of HD Supply Holdings in the second quarter worth about $161,000. Finally, Pinebridge Investments L.P. boosted its stake in shares of HD Supply Holdings by 170.0% in the second quarter. Pinebridge Investments L.P. now owns 5,400 shares of the industrial products company’s stock worth $165,000 after acquiring an additional 3,400 shares during the period. 95.75% of the stock is owned by hedge funds and other institutional investors.

HD Supply Holdings (NASDAQ:HDS) traded down 0.14% on Monday, hitting $36.24. The stock had a trading volume of 3,234,890 shares. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 11.45 and a beta of 1.41. HD Supply Holdings has a 52 week low of $28.97 and a 52 week high of $44.73. The firm has a 50-day moving average of $34.77 and a 200 day moving average of $35.08.

HD Supply Holdings declared that its board has authorized a share repurchase program on Tuesday, August 29th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the industrial products company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

About HD Supply Holdings

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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