In the previous earnings report HDS issued guidance that was not to the streets liking, while this was highlighted, earnings were a beat, we are of the belief that they possibly lowered the bar which may be easier to surpass expectations.
Technically the chart has turned quiet bullish and looks well worth a trade into earnings.
AVERAGE ANALYSTS PRICE TARGET $48
AVERAGE ANALYSTS RECOMMENDATION BUY
P/R RATIO 18
SHORT INTEREST 2%
COMPANY PROFILE
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. The Construction & Industrial segment specializes in the distribution of hardware, tools, engineered materials and safety products to non-residential and residential contractors. The Corporate & Elimination segment includes costs related to centralized support functions, which are comprised of finance, information technology, human resources, legal, supply chain and other support services, and removes inter-segment transactions. The company is headquartered in Atlanta, GA.
Technically the chart has turned quiet bullish and looks well worth a trade into earnings.
AVERAGE ANALYSTS PRICE TARGET $48
AVERAGE ANALYSTS RECOMMENDATION BUY
P/R RATIO 18
SHORT INTEREST 2%
COMPANY PROFILE
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. The Construction & Industrial segment specializes in the distribution of hardware, tools, engineered materials and safety products to non-residential and residential contractors. The Corporate & Elimination segment includes costs related to centralized support functions, which are comprised of finance, information technology, human resources, legal, supply chain and other support services, and removes inter-segment transactions. The company is headquartered in Atlanta, GA.