U.S. markets open in 6 hours 16 minutes
  • S&P Futures

    3,640.25
    +7.50 (+0.21%)
     
  • Dow Futures

    30,041.00
    +43.00 (+0.14%)
     
  • Nasdaq Futures

    12,122.00
    +46.00 (+0.38%)
     
  • Russell 2000 Futures

    1,857.10
    +5.60 (+0.30%)
     
  • Crude Oil

    45.39
    +0.48 (+1.07%)
     
  • Gold

    1,809.30
    +4.70 (+0.26%)
     
  • Silver

    23.35
    +0.05 (+0.21%)
     
  • EUR/USD

    1.1930
    +0.0034 (+0.29%)
     
  • 10-Yr Bond

    0.8820
    0.0000 (0.00%)
     
  • Vix

    21.64
    -1.02 (-4.50%)
     
  • GBP/USD

    1.3378
    +0.0020 (+0.15%)
     
  • USD/JPY

    104.3740
    -0.1060 (-0.10%)
     
  • BTC-USD

    19,045.71
    +191.72 (+1.02%)
     
  • CMC Crypto 200

    377.71
    +7.96 (+2.15%)
     
  • FTSE 100

    6,432.17
    0.00 (0.00%)
     
  • Nikkei 225

    26,296.86
    +131.27 (+0.50%)
     

HD Supply (HDS) Surges: Stock Moves 6.6% Higher

Zacks Equity Research
·2 min read

HD Supply Holdings, Inc. HDS was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 28% in the past one-month time frame.

The move came after the company's fiscal 2020 first quarter earnings trumped estimates.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

HD Supply Holdings, Inc. Price

HD Supply Holdings, Inc. Price
HD Supply Holdings, Inc. Price

HD Supply Holdings, Inc. price | HD Supply Holdings, Inc. Quote

HD Supply currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

A better-ranked stock in the Industrial Services industry is SiteOne Landscape Supply, Inc. SITE, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
HD Supply Holdings, Inc. (HDS) : Free Stock Analysis Report
 
SiteOne Landscape Supply, Inc. (SITE) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research