Staples Company Profile (NASDAQ:SPLS)

About Staples (SPLS)

Staples logoStaples, Inc. is a provider of products and services for business customers and consumers. The Company offers a selection of products, Websites and mobile platforms, and a range of copy, print and technology services. The Company operates through three business segments, which include North American Stores & Online, North American Commercial and International Operations. The North American Stores & Online segment includes its retail stores and businesses in the United States and Canada. The North American Commercial segment consists of the United States and Canadian businesses that sell and deliver products and services directly to businesses, including Staples Advantage and The International Operations segment consists of businesses in approximately 25 countries in Europe, Australia, South America and Asia. It serves businesses of all sizes and consumers in North America, Europe, Australia, South America and Asia.

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: $8.52
  • 50 Day Moving Average: $9.01
  • 200 Day Moving Average: $8.83
  • 52-Week Range: $7.24 - $11.37
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.67
  • P/E Growth: 4.05
  • Market Cap: $5.55B
  • Outstanding Shares: 652,529,000
  • Beta: 1.78
  • Net Margins: -2.25%
  • Return on Equity: 11.46%
  • Return on Assets: 5.50%
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.65%
  • Quick Ratio: 1.02%

Analyst Ratings

Consensus Ratings for Staples (NASDAQ:SPLS) (?)
Ratings Breakdown: 10 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $10.00 (17.51% upside)

Analysts' Ratings History for Staples (NASDAQ:SPLS)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/11/2017Jefferies Group LLCReiterated RatingHold$9.00N/AView Rating Details
12/13/2016Loop CapitalInitiated CoverageHold$10.00N/AView Rating Details
11/17/2016Telsey Advisory GroupBoost Price TargetMarket Perform$8.00 -> $9.00N/AView Rating Details
8/25/2016Citigroup IncLower Price TargetNeutral$18.00 -> $15.00N/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 3/23/2015 forward)


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
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$5.30 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$5.66 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)


Earnings Estimates for Staples (NASDAQ:SPLS)
Current Year EPS Consensus Estimate: $0.89 EPS
Next Year EPS Consensus Estimate: $0.88 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.26$0.30$0.28
Q2 20165$0.15$0.18$0.17
Q3 20164$0.11$0.14$0.12
Q4 20164$0.33$0.36$0.35
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)


Current Dividend Information for Staples (NASDAQ:SPLS)
Next Dividend:4/13/2017
Annual Dividend:$0.48
Dividend Yield:5.64%
Payout Ratio:-66.67% (Trailing 12 Months of Earnings)
53.93% (Based on This Year's Estimates)
54.55% (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
(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)


Headline Trends for Staples (NASDAQ:SPLS)
Latest Headlines for Staples (NASDAQ:SPLS)
DateHeadline logoBenzinga's Option Alert Recap From March 22 (NASDAQ:SPLS) - March 22 at 4:40 PM
News IconA post-Brexit immigration clampdown is going to really hurt 3 of Britain's key sectors (NASDAQ:SPLS) - March 22 at 5:36 AM logoWhat Propelled Office Depot's Shares in Past Six Months? (NASDAQ:SPLS) - March 21 at 10:09 AM logoStaples: Management Is Committed To Growing Delivery Segment (NASDAQ:SPLS) - March 21 at 10:09 AM logoBlackhawk to add two directors in pact with activist Jana Partners (NASDAQ:SPLS) - March 20 at 8:54 AM logoIs Staples, Inc. Stock (SPLS) Suitable for Value Investors? (NASDAQ:SPLS) - March 20 at 7:46 AM logo3 Parts of Retail Are Getting Destroyed by More People Shopping Online (NASDAQ:SPLS) - March 19 at 8:49 AM logoIs Staples a Suitable Stock for Value Investors? (NASDAQ:SPLS) - March 17 at 7:57 PM logoCabela's Merger Shouldn't Suffer the Same Fate as Staples-Office Depot (NASDAQ:SPLS) - March 17 at 11:00 AM logoStaples (SPLS) to Sell Australian and New Zealand Units to Platinum Equity - (NASDAQ:SPLS) - March 15 at 8:17 PM logoStaples: Stay Away - Seeking Alpha (NASDAQ:SPLS) - March 15 at 8:17 PM logoNY AG: 'Kryptonite'-equipped crime organization was 'first of its kind' (NASDAQ:SPLS) - March 15 at 8:17 PM logoSTAPLES INC Financials (NASDAQ:SPLS) - March 14 at 7:24 PM logo100 eco-conscious schools are announced as finalists in the Superpower your School Contest (NASDAQ:SPLS) - March 14 at 9:20 AM logoStaples (SPLS) to Sell Australian and New Zealand Units to Platinum Equity (NASDAQ:SPLS) - March 13 at 7:37 PM logoPlatinum Equity to Acquire Staples’ Business in Australia and New Zealand (NASDAQ:SPLS) - March 13 at 7:36 PM logo5:33 pm Staples to sell its business in Australia and New Zealand to Platinum Equity; terms not disclosed (NASDAQ:SPLS) - March 13 at 7:36 PM logoStaples exiting Australia, New Zealand to focus on North America (NASDAQ:SPLS) - March 13 at 7:36 PM logo[$$] Platinum Buying Staples Business in Australia and New Zealand (NASDAQ:SPLS) - March 13 at 7:36 PM
News IconJefferies Group Equities Analysts Increase Earnings Estimates for Staples, Inc. (SPLS) (NASDAQ:SPLS) - March 13 at 1:17 PM logoStaples, Inc. Stock Bounces Back After Yesterday's Dip - Motley Fool (NASDAQ:SPLS) - March 12 at 6:47 AM logoWeek in Review: S&P 500 Suffers Worst Weekly Loss of 2017 as Crude Oil Hits Skids (NASDAQ:SPLS) - March 11 at 1:01 AM logoStaples, Inc. Stock Bounces Back After Yesterday's Dip (NASDAQ:SPLS) - March 10 at 2:24 PM logoStaples Inc. Q4 Profit Declines 4% - - Nasdaq (NASDAQ:SPLS) - March 10 at 8:06 AM logoEarnings Reaction History: Staples, Inc., 62.5% Follow-Through Indicator, 4.2% Sensitive - Nasdaq (NASDAQ:SPLS) - March 10 at 8:06 AM logoJefferies Remains Sidelined on Staples (SPLS) Following 4Q Earnings Report - (NASDAQ:SPLS) - March 10 at 8:06 AM logoStaples, Inc. (SPLS) (NASDAQ:SPLS) - March 10 at 12:55 AM logoEdited Transcript of SPLS earnings conference call or presentation 9-Mar-17 1:00pm GMT (NASDAQ:SPLS) - March 10 at 12:55 AM logoAsian shares mixed, Seoul up after Park impeachment affirmed (NASDAQ:SPLS) - March 10 at 12:55 AM logoStaples (SPLS) Q4 Earnings Meet Estimates; Issues Guidance (NASDAQ:SPLS) - March 9 at 7:54 PM logoThe Biggest Loser: Staples Sinks 5.2% (NASDAQ:SPLS) - March 9 at 7:53 PM logoStaples Is Closing Stores After Q4 Drop in Sales (NASDAQ:SPLS) - March 9 at 7:53 PM logoMid-Afternoon Market Update: U.S. Stocks Turn Negative; Tailored Brands Shares Slide (NASDAQ:SPLS) - March 9 at 3:39 PM logoWhy Staples Stock Is Sliding 3.5% (NASDAQ:SPLS) - March 9 at 1:50 PM logoMid-Day Market Update: Crude Oil Down Over 2%; Comtech Shares Spike Higher (NASDAQ:SPLS) - March 9 at 12:47 PM logoStaples Closing 70 More Stores in 2017 (NASDAQ:SPLS) - March 9 at 12:02 PM logoStocks hold steady as oil prices slide further while banks rise (NASDAQ:SPLS) - March 9 at 11:14 AM logoRecent SPLS News (NASDAQ:SPLS) - March 9 at 2:53 AM logoTop 5 Earnings to Look For Thursday - 24/7 Wall St. (NASDAQ:SPLS) - March 8 at 8:12 PM logoWhat Not to Miss in Staples' Earnings Report (NASDAQ:SPLS) - March 8 at 8:12 PM logoStaples, Inc. Announces First Quarter 2017 Dividend - Business Wire (press release) (NASDAQ:SPLS) - March 8 at 8:14 AM logoStaples, Inc. Announces First Quarter 2017 Dividend (NASDAQ:SPLS) - March 7 at 7:47 PM logoWomen in business share their stories at Staples locations across Canada on International Women's Day (NASDAQ:SPLS) - March 6 at 12:24 PM logo10 Highest Dividend-Yielding Stocks (NASDAQ:SPLS) - March 5 at 7:34 PM logoSTAPLES INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure, Financi (NASDAQ:SPLS) - March 3 at 7:57 PM logo[$$] Deal Close Announcements: Feb. 27-March 3 (NASDAQ:SPLS) - March 3 at 7:57 PM logoStaples, Inc. to Announce Fourth Quarter and Full Year 2016 Results on March 9, 2017 (NASDAQ:SPLS) - March 2 at 8:03 PM logoWill Staples (SPLS) Stock Gain Post Q4 Earnings Release? - Nasdaq (NASDAQ:SPLS) - March 2 at 7:31 AM logoShould You Buy Staples, Inc. Stock (SPLS) Ahead of Earnings? - (NASDAQ:SPLS) - March 2 at 7:31 AM logoShould You Buy Staples, Inc. Stock (SPLS) Ahead of Earnings? (NASDAQ:SPLS) - March 1 at 11:58 AM


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. Shareholders of record on Friday, March 24th will be paid a dividend of $0.12 per share on Thursday, April 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date is Wednesday, March 22nd.

How were Staples' earnings last quarter?

Staples, Inc. (NASDAQ:SPLS) announced its earnings results on Thursday, March, 9th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analysts' expectations of $5.03 billion. Staples had a negative net margin of 2.25% and a positive return on equity of 11.46%. Staples's quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 issued an update on its first quarter earnings guidance on Thursday, March, 9th. The company provided EPS guidance of $0.15-0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.17.

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

11 brokerages have issued 1-year target prices for Staples' shares. Their forecasts range from $8.00 to $15.00. On average, they anticipate Staples' stock price to reach $10.00 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, "Staples has significantly outperformed the Zacks categorized industry in the last six months thanks to its strategic plans to boost long-term value. 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 positioned to gain from its plans to shut down underperforming North American stores as well as boosting online presence in order to bolster productivity and sales. However, we expect the persistent weakness in the office products sector, technological advancements and stiff competition to continue weighing on the company’s performance. International sales also remain a drag. Estimates have been stable lately ahead of the company’s fourth quarter earnings release." (2/20/2017)
  • 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 increase in short interest in the month of February. As of February 28th, there was short interest totalling 17,015,389 shares, an increase of 13.5% from the February 15th total of 14,990,618 shares. Based on an average trading volume of 6,254,506 shares, the days-to-cover ratio is currently 2.7 days.

Who owns Staples stock?

Staples' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.59%), State Street Corp (4.48%), Credit Agricole S A (2.53%), Dimensional Fund Advisors LP (1.56%), Norges Bank (1.19%) and Renaissance Technologies LLC (0.91%). 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 Renaissance Technologies LLC, Janus Capital Management LLC, AQR Capital Management LLC, GoodHaven Capital Management LLC, Thornburg Investment Management Inc., FMR LLC, Thrivent Financial for Lutherans and Baird Financial Group 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, Credit Agricole S A, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Asset Management One Co. Ltd., State Street Corp, Dimensional Fund Advisors LP, Arrowstreet Capital Limited Partnership and Allianz Asset Management AG. 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 $8.51.

Staples (SPLS) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by Staff