Staples Inc (SPLS): A Low-Debt Company, But Is It Financially Strong?

Staples Inc (SPLS): A Low-Debt Company, But Is It Financially Strong?


The company is estimating to achieve earnings per share (EPS) growth of 181.20% in this year and the earnings per share (EPS) growth expected to be 2.71% in the next year. Staples has a 1-year low of $7.24 and a 1-year high of $11.37. Zacks Investment Research raised Staples from a hold rating to a buy rating and set a $10.00 target price for the company in a research report on Thursday, January 19th.

Daily deal, weekly ads, 1-hour pickup - none of these things helped Staples earn a profit last quarter. (NASDAQ:SPLS) and Cerberus Capital Management, L.P. announced the completion of the sale of a controlling interest in Staples' European operations to a Cerberus affiliate.

Previously for the quarter ended on 7/2016, Staples, Inc. The stock has earnings growth of -136.20% yoy and showed a EPS growth of N\A over the past five years. In terms of volatility, it has a beta coefficient of 1.75 and technical analysis volatility indicator called Average True Range or ATR around 0.27. While for the next 5 years, the growth estimate is 2%. The stock's 50 day moving average price is $9.15 and its 200-day moving average price is $8.82. VNTV attains analyst recommendation of 2.20 on scale of 1-5 with week's performance of -0.37%. (NASDAQ:SPLS) opened at 9.28 on Friday.

Shares of Staples are down nearly 4% in pre-market trading Thursday after missing on both earnings and revenue.

"Staples, Inc. (SPLS) Announces Quarterly Earnings Results" was published by Community Financial News and is owned by of Community Financial News. The stock is now moving above its 20-Day Simple Moving Average of -2.22% with the 50-Day Simple Moving Average of -2.22 percent.

The stock now has its Annual Dividend of $0.48 and an annual Dividend Yield of 5.47 Percent. (NASDAQ:SPLS) in which Deutsche Bank Maintains Staples, Inc.

"I'm increasingly confident that we have the right plan and the right team to transform Staples and get back to sustainable sales and earnings growth", said CEO Shira Goodman in a statement, touting Staples' North American delivery business, which reported comparable sales growth of 1% to $2.6 billion. The equity has slowed down in recent weeks, with shares lower about -7.16% in the past three months.

  • Jack Replman