Staples to Close 70 Stores in North America

The stock’s market cap is $5.83 billion.

According to consensus agreement of 13 analysts Staples, Inc.

Staples, Inc. (NASDAQ:SPLS) issued an update on its first quarter earnings guidance on Thursday morning. The stock lost nearly -1.0% in price since last earning report, when its share price was $8.87. GRT Capital Partners L.L.C. bought a new position in shares of Staples during the fourth quarter worth about $158,000. Staples had forecast per-share earnings between 23 cents and 26 cents.

Finisar Corporation (NASDAQ:FNSR) shares moved to $34.97 after starting the day at $34.41 on Monday. This shows a surprise factor of 0%.

The company reported its EPS on 11/17/2016. The company has a 50-day moving average of $9.15 and a 200-day moving average of $8.82. The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock’s market value to its book value.

In recent action, Staples, Inc. 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. Citigroup Maintains the company’s stock to Neutral on 5/20/16 by setting a price target of $8.5. However price change of the stock was -7.04% on seventh day of the earnings report. Pro forma profits came in a penny shy of estimates, at $0.25 per share. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Staples, Inc. on 11/17/2016 reported its EPS as $0.34 with the analysts projecting the EPS of the stock as $0.34. Its beta stands at 1.75 times. (NASDAQ:SPLS) stock ended Friday session in the red zone in a volatile trading.

Whereas they predicted High and Low Earnings Estimate as $0.27 and $0.24 respectively.

For the year, Staples reported sales of $18.2 billion (down 2.8% year over year) and a $0.71-per-share loss. The company’s revenue from the same period of the year prior was $4.70 billion. Past 5 years growth of Staples, Inc. The stock gained a consensus recommendation of 2.78 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Staples, Inc. (NASDAQ:SPLS) is -19.63% away from its 52 week high and its 52 week range is $7.24 – $11.37. While some analysts have a High Price target for the stock of $12 and a Low Price Target of $8.