Staples Company Profile (NASDAQ:SPLS)

About Staples (SPLS)

Staples logoStaples, Inc. (Staples) is a provider of products and services that serve the needs of business customers and consumers. The Company offers a range of print and marketing and technology services. The Company's segments include North American Delivery, North American Retail and Other. The North American Delivery segment consists of the United States and Canadian businesses, including Staples Business Advantage, staples.com, staples.ca, and quill.com, that sell and deliver products and services primarily to businesses. The North American Retail segment includes its retail stores in the United States and Canada. As of January 28, 2017, its North American Retail segment consisted of 1,255 stores in the United States and 304 stores in Canada. The Company has other businesses in Australia, South America and Asia. Staples Australia serves primarily contract and government customers in Australia and New Zealand. The Company also has operations in China, Argentina, Taiwan and Brazil.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Specialty Retail, Other
  • Sub-Industry: Specialty Stores
  • Exchange: NASDAQ
  • Symbol: SPLS
  • CUSIP: 85503010
Key Metrics:
  • Previous Close: $9.88
  • 50 Day Moving Average: $9.05
  • 200 Day Moving Average: $8.94
  • 52-Week Range: $7.24 - $10.83
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.10
  • P/E Growth: 4.47
  • Market Cap: $6.45B
  • Outstanding Shares: 652,529,000
  • Beta: 1.78
Profitability:
  • Net Margins: -2.25%
  • Return on Equity: 11.46%
  • Return on Assets: 5.50%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.65%
  • Quick Ratio: 1.02%

Analyst Ratings

Consensus Ratings for Staples (NASDAQ:SPLS) (?)
Ratings Breakdown: 8 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $9.63 (2.58% downside)

Analysts' Ratings History for Staples (NASDAQ:SPLS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/6/2017Loop CapitalReiterated RatingHold$10.00LowView Rating Details
4/6/2017Jefferies Group LLCReiterated RatingHold$9.00LowView Rating Details
4/5/2017Citigroup IncUpgradeNeutral -> Buy$12.00MediumView Rating Details
11/17/2016Telsey Advisory GroupBoost Price TargetMarket Perform$8.00 -> $9.00N/AView Rating Details
8/18/2016Morgan StanleySet Price TargetHold$10.00N/AView Rating Details
8/18/2016Deutsche Bank AGLower Price TargetHold$9.00 -> $8.00N/AView Rating Details
7/15/2016ArgusReiterated RatingHoldN/AView Rating Details
5/29/2016Bank of America CorpBoost Price TargetUnderperform -> Buy$8.10 -> $10.00N/AView Rating Details
5/19/2016JPMorgan Chase & Co.Lower Price TargetNeutral$12.00 -> $9.00N/AView Rating Details
5/15/2016Wells Fargo & CoReiterated RatingEqual WeightN/AView Rating Details
3/25/2016KeyCorpReiterated RatingEqual WeightN/AView Rating Details
3/8/2016Goldman Sachs Group IncReiterated RatingHoldN/AView Rating Details
3/7/2016Credit Suisse Group AGLower Price TargetNeutral$15.00 -> $10.00N/AView Rating Details
12/7/2015BB&T Co.DowngradeBuy -> HoldN/AView Rating Details
8/22/2015B. RileyReiterated RatingNeutral$16.00N/AView Rating Details
7/30/2015Evercore Partners Inc.UpgradeSell -> HoldN/AView Rating Details
7/30/2015Evercore ISIUpgradeSell -> HoldN/AView Rating Details
7/24/2015Cleveland ResearchReiterated RatingNeutralN/AView Rating Details
(Data available from 4/24/2015 forward)

Earnings

Earnings History for Staples (NASDAQ:SPLS)
Earnings by Quarter for Staples (NASDAQ:SPLS)
Earnings History by Quarter for Staples (NASDAQ:SPLS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/16/2017        
3/9/2017Q4 2017$0.26$0.25$5.03 billion$4.56 billionViewListenView Earnings Details
11/17/2016Q316$0.34$0.34$5.40 billion$5.40 billionViewListenView Earnings Details
8/17/2016Q216$0.12$0.12$4.78 billion$4.80 billionViewListenView Earnings Details
5/18/2016Q116$0.16$0.17$5.08 billion$5.10 billionViewListenView Earnings Details
3/4/2016Q415$0.28$0.26$5.40 billion$5.27 billionViewListenView Earnings Details
11/18/2015Q315$0.35$0.35$5.67 billion$5.60 billionViewListenView Earnings Details
8/19/2015Q215$0.12$0.12$4.96 billion$4.90 billionViewListenView Earnings Details
5/20/2015Q115$0.17$0.17$5.46 billion$5.30 billionViewListenView Earnings Details
3/6/2015Q414$0.30$0.31$5.75 billion$5.66 billionViewListenView Earnings Details
11/19/2014Q314$0.36$0.37$5.95 billion$5.96 billionViewListenView Earnings Details
8/20/2014Q214$0.11$0.12$5.16 billion$5.20 billionViewListenView Earnings Details
5/20/2014Q114$0.21$0.18$5.62 billion$5.70 billionViewN/AView Earnings Details
3/6/2014Q413$0.39$0.33$5.98 billion$5.87 billionViewListenView Earnings Details
11/20/2013Q3$0.42$0.42$6.18 billion$6.11 billionViewListenView Earnings Details
8/21/2013Q2 2013$0.18$0.16$5.37 billion$5.30 billionViewListenView Earnings Details
5/22/2013Q1 2013$0.27$0.26$5.91 billion$5.81 billionViewListenView Earnings Details
3/6/2013Q4 2012$0.45$0.46$6.72 billion$6.57 billionViewListenView Earnings Details
11/14/2012Q312$0.45$0.46$6.46 billion$6.35 billionViewN/AView Earnings Details
8/15/2012$0.22$0.18ViewN/AView Earnings Details
5/16/2012$0.30$0.30ViewN/AView Earnings Details
2/29/2012$0.41$0.41ViewN/AView Earnings Details
11/15/2011$0.47$0.47ViewN/AView Earnings Details
8/17/2011$0.20$0.22ViewN/AView Earnings Details
5/18/2011$0.32$0.28ViewN/AView Earnings Details
3/2/2011$0.40$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Staples (NASDAQ:SPLS)
2017 EPS Consensus Estimate: $1.00
2018 EPS Consensus Estimate: $0.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.24$0.31$0.27
Q2 20173$0.12$0.13$0.12
Q3 20174$0.33$0.36$0.35
Q4 20173$0.25$0.28$0.26
Q1 20183$0.16$0.17$0.17
Q2 20183$0.11$0.13$0.12
Q3 20183$0.32$0.34$0.33
Q4 20183$0.22$0.28$0.26
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Staples (NASDAQ:SPLS)
Most Recent Dividend:4/13/2017
Annual Dividend:$0.48
Dividend Yield:4.86%
Payout Ratio:-66.67% (Trailing 12 Months of Earnings)
53.93% (Based on This Year's Estimates)
53.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Staples (NASDAQ:SPLS)

Dividend History by Quarter for Staples (NASDAQ:SPLS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/7/2017quarterly$0.125.36%3/22/20173/24/20174/13/2017
12/6/2016quarterly$0.124.82%12/19/201612/21/20161/12/2017
9/13/2016quarterly$0.125.66%9/21/20169/23/201610/13/2016
6/14/2016quarterly$0.125.52%6/22/20166/24/20167/14/2016
3/1/2016quarterly$0.124.95%3/22/20163/25/20164/14/2016
12/2/2015quarterly$0.123.98%12/21/201512/23/20151/14/2016
9/15/2015quarterly$0.123.45%9/23/20159/25/201510/15/2015
6/1/2015quarterly$0.122.92%6/24/20156/26/20157/16/2015
3/3/2015quarterly$0.122.89%3/25/20153/27/20154/16/2015
12/2/2014quarterly$0.123.33%12/23/201412/26/20141/15/2015
9/9/2014quarterly$0.123.86%9/24/20149/26/201410/16/2014
6/3/2014quarterly$0.124.38%6/25/20146/27/20147/17/2014
3/6/2014quarterly$0.124.23%3/26/20143/28/20144/17/2014
12/3/2013quarterly$0.123.12%12/24/201312/27/20131/16/2014
9/11/2013quarterly$0.123.26%9/25/20139/27/201310/17/2013
6/3/2013quarterly$0.123.18%6/26/20136/28/20137/18/2013
3/6/2013quarterly$0.123.76%3/26/20133/29/20134/18/2013
12/4/2012quarterly$0.1112/14/201212/21/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Staples (NASDAQ:SPLS)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 85.71%
Insider Trades by Quarter for Staples (NASDAQ:SPLS)
Institutional Ownership by Quarter for Staples (NASDAQ:SPLS)
Insider Trades by Quarter for Staples (NASDAQ:SPLS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/8/2016Mark ConteSVPSell5,195$9.97$51,794.15View SEC Filing  
7/14/2016Paul-Henri FerrandDirectorBuy139$9.13$1,269.07View SEC Filing  
6/30/2016Michael WilliamsGeneral CounselSell12,458$8.59$107,014.22View SEC Filing  
12/15/2015Shira GoodmanInsiderBuy5,100$9.70$49,470.00View SEC Filing  
6/10/2014Rowland MoriartyDirectorSell100,000$11.14$1,114,000.00View SEC Filing  
4/4/2014Rowland MoriartyDirectorSell25,235$12.20$307,867.00View SEC Filing  
4/3/2014Ronald SargentCEOBuy8,500$11.82$100,470.00View SEC Filing  
3/20/2014Shira GoodmanInsiderBuy5,000$11.44$57,200.00View SEC Filing  
12/10/2013Joseph DoodyInsiderSell32,041$16.17$518,102.97View SEC Filing  
7/5/2013Ronald SargentCEOSell68,806$15.90$1,094,015.40View SEC Filing  
6/28/2013Demos ParnerosInsiderSell75,000$16.00$1,200,000.00View SEC Filing  
6/18/2013Joseph DoodyInsiderSell40,000$16.50$660,000.00View SEC Filing  
6/4/2013Ronald SargentCEOSell525,000$15.04$7,896,000.00View SEC Filing  
5/31/2013Christine T KomolaCFOSell18,000$14.93$268,740.00View SEC Filing  
5/29/2013Robert NakasoneDirectorSell21,825$14.95$326,283.75View SEC Filing  
5/23/2013Michael WilliamsSVPBuy10,000$14.90$149,000.00View SEC Filing  
5/23/2013Paul WalshDirectorSell22,500$14.90$335,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Staples (NASDAQ:SPLS)
Latest Headlines for Staples (NASDAQ:SPLS)
Source:
DateHeadline
fool.com logo3 Top Consumer Staples Stocks to Buy in 2017
www.fool.com - April 24 at 6:01 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Affect Staples (SPLS) Stock Price
www.americanbankingnews.com - April 23 at 4:48 PM
zacks.com logoOffice Depot to Divest Australia and New Zealand Operations
www.zacks.com - April 19 at 9:09 AM
americanbankingnews.com logoStaples, Inc. (SPLS) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 18 at 1:30 PM
zacks.com logo3 Defining Factors Behind Staples' (SPLS) Impressive Growth
www.zacks.com - April 17 at 6:53 PM
americanbankingnews.com logoStaples (SPLS) Receiving Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 6:35 PM
investorplace.com logo3 Defining Factors Behind Staples, Inc.’s (SPLS) Impressive Growth
investorplace.com - April 17 at 3:27 PM
americanbankingnews.com logoStaples (SPLS) Receives Daily News Sentiment Rating of 0.10
www.americanbankingnews.com - April 14 at 8:25 PM
americanbankingnews.com logoStaples, Inc. (SPLS) Short Interest Down 15.6% in March
www.americanbankingnews.com - April 14 at 10:56 AM
finance.yahoo.com logoStaples Sustainability Survey Finds that 90% of Businesses Engage in Sustainable Activity Regularly
finance.yahoo.com - April 13 at 7:48 PM
americanbankingnews.com logo$4.57 Billion in Sales Expected for Staples, Inc. (SPLS) This Quarter
www.americanbankingnews.com - April 13 at 12:40 PM
americanbankingnews.com logoStaples Target of Unusually Large Options Trading (SPLS)
www.americanbankingnews.com - April 13 at 8:10 AM
businesswire.com logoStaples, Inc. Earns 2017 Energy Star® Partner of the Year ... - Business Wire (press release)
www.businesswire.com - April 13 at 1:11 AM
fool.com logoStaples Is for Sale, but Is It Talking to the Wrong Buyers? - Motley Fool
www.fool.com - April 13 at 1:11 AM
fool.com logoStaples Inc. Stock Jumps 12% as It Searches for Buyer - Motley Fool
www.fool.com - April 13 at 1:11 AM
nasdaq.com logoStaples (SPLS) Shares Cross 5% Yield Mark
www.nasdaq.com - April 12 at 8:10 PM
cnbc.com logoWal-Mart's future under Marc Lore is starting to take shape - CNBC
www.cnbc.com - April 12 at 2:45 PM
fool.com logoStaples Inc. Stock Jumps 12% as It Searches for Buyer
www.fool.com - April 12 at 8:37 AM
americanbankingnews.com logoStaples, Inc. (SPLS) Expected to Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - April 11 at 10:51 AM
finance.yahoo.com logoStaples, Inc. Earns 2017 Energy Star® Partner of the Year –Sustained Excellence Award
finance.yahoo.com - April 11 at 9:33 AM
finance.yahoo.com logoImplied Volatility Surging for Staples (SPLS) Stock Options
finance.yahoo.com - April 11 at 9:33 AM
zacks.com logoAre Options Traders Betting on a Big Move in Staples (SPLS) Stock?
www.zacks.com - April 10 at 9:04 AM
finance.yahoo.com logoWhy Is Staples (SPLS) Up 14.8% Since the Last Earnings Report?
finance.yahoo.com - April 10 at 9:04 AM
fool.com logoWhy Would Anyone Buy Staples Inc?
www.fool.com - April 9 at 1:33 PM
americanbankingnews.com logoStaples, Inc. (SPLS) Upgraded at Citigroup Inc
www.americanbankingnews.com - April 8 at 11:51 AM
fool.com logoThere's More to Staples Inc. Than Meets the Eye
www.fool.com - April 7 at 12:44 PM
nasdaq.com logoStaples Reaches Analyst Target Price
www.nasdaq.com - April 7 at 12:44 PM
finance.yahoo.com logoPRESS DIGEST - Wall Street Journal - April 5
finance.yahoo.com - April 7 at 12:44 PM
finance.yahoo.com logoStaples, Inc. breached its 50 day moving average in a Bullish Manner : SPLS-US : April 5, 2017
finance.yahoo.com - April 7 at 12:44 PM
finance.yahoo.com logo[$$] LBO or Not, Staples Stock Looks Very Undervalued
finance.yahoo.com - April 7 at 12:44 PM
finance.yahoo.com logoWhy Staples, Inc. Stock Popped (Again) Today
finance.yahoo.com - April 7 at 12:44 PM
finance.yahoo.com logoThere's More to Staples Inc. Than Meets the Eye
finance.yahoo.com - April 7 at 12:44 PM
finance.yahoo.com logoTrump advisor Feinberg closes $4 billion fund for his buyout firm Cerberus
finance.yahoo.com - April 7 at 12:44 PM
finance.yahoo.com logoIs job-sharing a cop-out or the way to avoid burnout?
finance.yahoo.com - April 7 at 12:44 PM
americanbankingnews.com logoStaples, Inc. (SPLS) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - April 6 at 9:00 PM
americanbankingnews.com logoStaples, Inc. (SPLS) Given Hold Rating at Loop Capital
www.americanbankingnews.com - April 6 at 2:18 PM
americanbankingnews.com logoStaples, Inc. (SPLS) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 5 at 6:52 PM
wsj.com logoStaples Deal: Does the Good Outweigh the Bad?
www.wsj.com - April 4 at 5:18 PM
fool.com logoWhy Staples, Inc. Stock Popped Today
www.fool.com - April 4 at 12:47 PM
investorplace.com logoStaples, Inc. (SPLS) Stock Soars 13% on Sale Chatter
investorplace.com - April 4 at 11:31 AM
cnbc.com logoStaples soars 15 percent amid report of buyout talks
www.cnbc.com - April 4 at 10:22 AM
seekingalpha.com logoJoel Greenblatt Dividend Stocks In Focus: Staples - Seeking Alpha
seekingalpha.com - April 2 at 7:45 PM
finance.yahoo.com logoJoel Greenblatt Dividend Stocks in Focus: Staples
finance.yahoo.com - April 2 at 11:38 AM
nasdaq.com logoSPLS Crosses Above Key Moving Average Level
www.nasdaq.com - April 1 at 10:21 AM
thestreet.com logoFor Only $130 a Month You Could Now Rent an Entire Office Inside a Virtually Empty Staples
us.rd.yahoo.com - April 1 at 10:21 AM
thestreet.com logoFor a Low Price of $130 a Month You Could Now Rent an Entire Office Inside a Virtually Empty Staples
www.thestreet.com - March 30 at 8:14 PM
investopedia.com logoStaples Pivots from Office Supplies to Office Space (SPLS, ODP)
www.investopedia.com - March 30 at 12:13 AM
us.rd.yahoo.com logoStaples Pivots from Office Supplies to Office Space
us.rd.yahoo.com - March 30 at 12:13 AM
bizjournals.com logoUntangling tie-ups: This Denver firm helps companies manage mergers
www.bizjournals.com - March 29 at 8:10 AM
americanbankingnews.com logoStaples, Inc. (SPLS) Short Interest Down 6.7% in March
www.americanbankingnews.com - March 27 at 8:20 AM

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Frequently Asked Questions for Staples (NASDAQ:SPLS)

What is Staples' stock symbol?

Staples trades on the NASDAQ under the ticker symbol "SPLS."

How often does Staples pay dividends? What is the dividend yield for Staples?

Staples announced a quarterly dividend on Tuesday, March 7th. Investors of record on Friday, March 24th will be given a dividend of $0.12 per share on Thursday, April 13th. This represents a $0.48 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Wednesday, March 22nd.

How were Staples' earnings last quarter?

Staples, Inc. (NASDAQ:SPLS) announced its quarterly earnings data on Thursday, March, 9th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $5.03 billion. Staples had a negative net margin of 2.25% and a positive return on equity of 11.46%. The firm's quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the business posted $0.26 EPS.

When will Staples make its next earnings announcement?

Staples is scheduled to release their next quarterly earnings announcement on Tuesday, May, 16th 2017.

What guidance has Staples issued on next quarter's earnings?

Staples updated its first quarter earnings guidance on Thursday, March, 9th. The company provided earnings per share guidance of $0.15-0.18 for the period, compared to the Thomson Reuters consensus estimate of $0.17.

Where is Staples' stock going? Where will Staples' stock price be in 2017?

10 analysts have issued twelve-month price objectives for Staples' shares. Their predictions range from $8.00 to $12.00. On average, they expect Staples' stock price to reach $9.63 in the next year.

What are analysts saying about Staples stock?

Here are some recent quotes from research analysts about Staples stock:

  • 1. According to Zacks Investment Research, "Although Staples shares have comfortably outperformed the Zacks categorized industry in the past six months, the trend is likely to reverse in the near term as it continues to grapple with multiple headwinds.  Persistent weakness in the office products sector, technological advancements and stiff competition are weighing on performance. Both the top line and bottom line continued to decline year over year. Moreover, total sales came below the Zacks Consensus Estimate for the second straight quarter. Nevertheless, we believe the company’s actions to streamline operations aimed at enhancing productivity and performance of its North American business bode well. Further, its cost containment efforts that target annualized cost savings of nearly $300 million by 2018 show promise. The company also remains well poised to gain from plans to shut down underperforming stores as well as boosting online presence." (4/18/2017)
  • 2. Jefferies Group LLC analysts commented, "Q3 EPS was in line, though Street estimates were at the high end of new Q4 guidance range. Sales were a bit light of expectations, but margins were better. As telegraphed last quarter, SPLS acquired an independent dealer with over $100 million in revenue as it focuses on mid-market." (11/18/2016)

Are investors shorting Staples?

Staples saw a decrease in short interest in March. As of March 31st, there was short interest totalling 13,397,973 shares, a decrease of 15.6% from the March 15th total of 15,872,502 shares. Based on an average trading volume of 6,029,419 shares, the short-interest ratio is currently 2.2 days. Approximately 2.1% of the company's shares are sold short.

Who owns Staples stock?

Staples' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.32%), Randolph Co Inc (0.27%), Retirement Systems of Alabama (0.18%), Nationwide Fund Advisors (0.16%), Country Club Trust Company n.a. (0.13%) and Candriam Luxembourg S.C.A. (0.13%). Company insiders that own Staples stock include Mark Conte, Michael Williams, Paul-Henri Ferrand and Shira Goodman.

Who sold Staples stock? Who is selling Staples stock?

Staples' stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Manning & Napier Advisors LLC, Nisa Investment Advisors LLC, Exxonmobil Investment Management Inc. TX, Gateway Investment Advisers LLC, Oakbrook Investments LLC, CHICAGO TRUST Co NA and Randolph Co Inc. Company insiders that have sold Staples stock in the last year include Mark Conte and Michael Williams.

Who bought Staples stock? Who is buying Staples stock?

Staples' stock was purchased by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Clark Estates Inc. NY, Bank of Montreal Can, Atria Investments LLC, Country Club Trust Company n.a., Fox Run Management L.L.C., Benin Management CORP and Visionary Asset Management Inc.. Company insiders that have bought Staples stock in the last two years include Paul-Henri Ferrand and Shira Goodman.

How do I buy Staples stock?

Shares of Staples can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Staples stock cost?

One share of Staples stock can currently be purchased for approximately $9.88.

Staples (SPLS) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff