Do HD Supply Holdings Inc. (HDS) beta value of 1.21 signposts another twist?

investchronicle 88

For the readers interested in the stock health of HD Supply Holdings Inc. (HDS). It is currently valued at $39.66. When the transactions were called off in the previous session, Stock hit the highs of $40.525, after setting-off with the price of $40.44. Company’s stock value dipped to $39.64 during the trading on the day. When the trading was stopped its value was $40.40.

Recently in News on August 18, 2020, HD Supply Holdings, Inc. Announces Fiscal 2020 Second-Quarter Earnings Release Date and Conference Call. HD Supply Holdings, Inc. (Nasdaq: HDS), one of the largest industrial distributors in North America, today announced that the company is planning to release its fiscal 2020 second-quarter press release on Wednesday, September 9th, at 6 a.m. (ET) to be followed by a conference call at 8 a.m. (ET). The conference call and presentation materials can be accessed via webcast by logging on from the Investor Relations section of the company’s website at hdsupply.com. The online replay will remain available for a limited time following the call. You can read further details here

HD Supply Holdings Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $43.37 on 08/11/20, with the lowest value was $21.69 for the same time period, recorded on 03/19/20.

HD Supply Holdings Inc. (HDS) full year performance was 1.93%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, HD Supply Holdings Inc. shares are logging -8.55% during the 52-week period from high price, and 82.85% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $21.69 and $43.37.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1341210 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the HD Supply Holdings Inc. (HDS) recorded performance in the market was -1.39%, having the revenues showcasing 19.60% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 6.44B, as it employees total of 11500 workers.

Analysts verdict on HD Supply Holdings Inc. (HDS)

During the last month, 6 analysts gave the HD Supply Holdings Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 33.88, with a change in the price was noted +8.56. In a similar fashion, HD Supply Holdings Inc. posted a movement of +27.52% for the period of last 100 days, recording 1,183,010 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for HDS is recording 1.45 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.44.

HD Supply Holdings Inc. (HDS): Technical Analysis

Raw Stochastic average of HD Supply Holdings Inc. in the period of last 50 days is set at 66.18%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 57.79%. In the last 20 days, the company’s Stochastic %K was 64.10% and its Stochastic %D was recorded 67.29%.

Let’s take a glance in the erstwhile performances of HD Supply Holdings Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -1.39%. Additionally, trading for the stock in the period of the last six months notably improved by 2.83%, alongside a boost of 1.93% for the period of the last 12 months. The shares increased approximately by -2.98% in the 7-day charts and went down by 12.99% in the period of the last 30 days. Common stock shares were driven by 19.60% during last recorded quarter.