Buckingham analyst Robert Barry maintained a Hold rating on HD Supply Holdings (HDS) today and set a price target of $40.00. The company’s shares closed last Monday at $39.37.
Barry has an average return of 4.0% when recommending HD Supply Holdings.
According to TipRanks.com, Barry is ranked #1824 out of 5734 analysts.
Currently, the analyst consensus on HD Supply Holdings is a Moderate Buy with an average price target of $46.20, which is a 19.7% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $41.00 price target.
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Based on HD Supply Holdings’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.64 billion and net profit of $132 million. In comparison, last year the company earned revenue of $1.61 billion and had a net profit of $82 million.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HDS in relation to earlier this year.
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HD Supply Holdings, Inc. engages as an industrial distributors in North America. It operates through the following segments: Facilities Maintenance, Construction & Industrial and Corporate & Elimination. The Facilities Maintenance segment distributes MRO products, provides value-added services and fabricates custom products.
