Staples Company Profile (NASDAQ:SPLS)

About Staples

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 Staples.com 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 Quill.com. 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: $9.34
  • 50 Day Moving Average: $9.19
  • 200 Day Moving Average: $8.82
  • 52-Week Range: $7.24 - $11.37
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.42
  • P/E Growth: 5.29
  • Market Cap: $6.17B
  • Outstanding Shares: 650,546,000
  • 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%
Additional Links:
Companies Related to Staples:

Analyst Ratings

Consensus Ratings for Staples (NASDAQ:SPLS) (?)
Ratings Breakdown: 12 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $10.10 (6.54% upside)

Analysts' Ratings History for Staples (NASDAQ:SPLS)
Show:
DateFirmActionRatingPrice TargetDetails
12/13/2016Loop CapitalInitiated CoverageHold$10.00View Rating Details
11/18/2016Jefferies Group LLCReiterated RatingHold$9.00View Rating Details
11/17/2016Telsey Advisory GroupBoost Price TargetMarket Perform$8.00 -> $9.00View Rating Details
8/25/2016Citigroup Inc.Lower Price TargetNeutral$18.00 -> $15.00View Rating Details
8/18/2016Morgan StanleySet Price TargetHold$10.00View Rating Details
8/18/2016Deutsche Bank AGLower Price TargetHold$9.00 -> $8.00View Rating Details
7/15/2016ArgusReiterated RatingHoldView Rating Details
5/29/2016Bank of America CorpBoost Price TargetUnderperform -> Buy$8.10 -> $10.00View Rating Details
5/19/2016J P Morgan Chase & CoLower Price TargetNeutral$12.00 -> $9.00View Rating Details
5/15/2016Wells Fargo & CompanyReiterated RatingEqual WeightView Rating Details
3/25/2016KeyCorpReiterated RatingEqual WeightView Rating Details
3/8/2016Goldman Sachs Group, Inc. (The)Reiterated RatingHoldView Rating Details
3/7/2016Credit Suisse GroupLower Price TargetNeutral$15.00 -> $10.00View Rating Details
12/7/2015BB&T CorporationDowngradeBuy -> HoldView Rating Details
8/22/2015B. RileyReiterated RatingNeutral$16.00View Rating Details
7/30/2015Evercore Partners Inc.UpgradeSell -> HoldView Rating Details
7/30/2015Evercore ISIUpgradeSell -> HoldView Rating Details
7/24/2015Cleveland ResearchReiterated RatingNeutralView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Staples (NASDAQ:SPLS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/2/2017        
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)

Estimates

Earnings Estimates for Staples (NASDAQ:SPLS)
Current Year EPS Consensus Estimate: $0.88 EPS
Next Year EPS Consensus Estimate: $0.91 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 20182$0.16$0.16$0.16
Q2 20182$0.11$0.12$0.12
Q3 20182$0.32$0.35$0.34
Q4 20182$0.28$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Staples (NASDAQ:SPLS)
Annual Dividend:$0.48
Dividend Yield:5.06%
Payout Ratio:-66.67% (Based on Trailing 12 Months of Earnings)
54.55% (Based on Current Year Consensus EPS Estimate)
52.75% (Based on Next Year Consensus EPS Estimate)

Dividend History for Staples (NASDAQ:SPLS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Staples (NASDAQ:SPLS)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 85.71%
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

Latest Headlines for Staples (NASDAQ:SPLS)
DateHeadline
News IconElection Commission proposes May 14 as local poll date (NASDAQ:SPLS)
ekosvoice.com - February 23 at 1:12 AM
News IconEarnings According to Analysts for Staples, Inc. (NASDAQ:SPLS)? - Aiken Advocate (NASDAQ:SPLS)
aikenadvocate.com - February 22 at 8:10 PM
News IconAnalysts Near-Term outlook: Gastar Exploration Inc. (GST), Staples ... - The USA Commerce (NASDAQ:SPLS)
theusacommerce.com - February 22 at 8:10 PM
News IconRevenue Approximations Analysis: Staples, Inc. (SPLS), Twilio Inc ... - StockNewsJournal (NASDAQ:SPLS)
stocknewsjournal.com - February 22 at 8:10 PM
News IconThe Technical Facts on Staples, Inc. (SPLS) - The USA Commerce (NASDAQ:SPLS)
theusacommerce.com - February 22 at 8:10 PM
seekingalpha.com logoStaples: I Just Don't Get It - Seeking Alpha (NASDAQ:SPLS)
seekingalpha.com - February 22 at 8:10 PM
nasdaq.com logoStrategy To YieldBoost Staples To 13.7% Using Options (NASDAQ:SPLS)
www.nasdaq.com - February 21 at 4:58 PM
News IconStaples Inc (SPLS) is trading at a 36% discount to its intrinsic value - Simply Wall St (NASDAQ:SPLS)
simplywall.st - February 19 at 6:53 PM
News IconThornburg Investment Management Inc. Has $9856000 Position in Staples, Inc. (SPLS) (NASDAQ:SPLS)
xboxonezone.com - February 19 at 8:50 AM
News IconStaples, Inc. (SPLS) Stake Boosted by Tredje AP fonden (NASDAQ:SPLS)
oakridgeobserver.com - February 19 at 8:50 AM
News IconTyers Asset Management LLC Purchases New Stake in Staples, Inc. (SPLS) (NASDAQ:SPLS)
hoyentv.com - February 18 at 6:57 PM
News IconComprehensive Stock Analysis of: Mead Johnson Nutrition Company (NYSE:MJN) (NASDAQ:SPLS)
techknowbits.com - February 18 at 8:47 AM
finance.yahoo.com logoRetail Sales Up in January: Will This Set the Trend for 2017? (NASDAQ:SPLS)
finance.yahoo.com - February 16 at 7:42 PM
News IconAverage Brokerage Rating Of Kate Spade & Company (KATE), Staples, Inc. (SPLS) - The USA Commerce (NASDAQ:SPLS)
theusacommerce.com - February 15 at 6:09 AM
News IconWatching Technical Positions on Staples Inc. (SPLS) - BVN (NASDAQ:SPLS)
bvnewsjournal.com - February 15 at 6:09 AM
News IconWhy to Keeping Eye on Staples, Inc. (SPLS), Cypress ... - StockNewsJournal (NASDAQ:SPLS)
stocknewsjournal.com - February 15 at 6:09 AM
News IconLooking at the Tea Leaves for Staples, Inc. (SPLS) - The USA Commerce (NASDAQ:SPLS)
www.theusacommerce.com - February 15 at 6:09 AM
nasdaq.com logoDynamic Technology Lab Private Ltd Buys Liberty Broadband, Carnival PLC, Costco Wholesale, ... (NASDAQ:SPLS)
www.nasdaq.com - February 14 at 6:30 AM
News IconStock Price of Staples, Inc. (SPLS) Increases 1.33% – Morning Outlook - Morning Outlook (NASDAQ:SPLS)
www.morningoutlook.com - February 13 at 8:08 AM
News IconLarge Outflow of Money Witnessed in Staples, Inc. – Hignland Mirror - Highland Mirror (NASDAQ:SPLS)
www.highlandmirror.com - February 13 at 8:08 AM
News IconStaples, Inc. (NASDAQ:SPLS) Daily Sentiment Score At 0.28 - Stock Observer (NASDAQ:SPLS)
www.thestockobserver.com - February 12 at 7:53 PM
News IconStaples, Inc. (SPLS) : Checking the Chart - The USA Commerce (NASDAQ:SPLS)
theusacommerce.com - February 12 at 7:53 PM
News IconStaples, Inc. (SPLS), Macy's, Inc. (M) Stock Eyes Ahead of Earnings - The USA Commerce (NASDAQ:SPLS)
www.theusacommerce.com - February 10 at 4:44 AM
News IconTaking a Fresh Look at Staples, Inc. (SPLS) - StockNewsJournal (NASDAQ:SPLS)
stocknewsjournal.com - February 10 at 4:44 AM
wsj.com logo[$$] Staples Bets on a Startup That Can Manage the Whole Office (NASDAQ:SPLS)
www.wsj.com - February 10 at 4:44 AM
capitalcube.com logoStaples, Inc. : SPLS-US: Dividend Analysis : December 21st, 2016 (record date) : By the numbers : February 7, 2017 (NASDAQ:SPLS)
www.capitalcube.com - February 8 at 6:14 AM
marketnewsvideo.com logoUnited States Steel Larger Than S&P 500 Component Staples (NASDAQ:SPLS)
www.marketnewsvideo.com - February 6 at 8:03 PM
News IconStock Price of Staples, Inc. (SPLS) Decreases -1.42% - Highland Mirror (NASDAQ:SPLS)
www.highlandmirror.com - February 6 at 8:17 AM
News IconStaples, Inc. (NASDAQ:SPLS) Price Target At $9.785 - Transcript Daily (NASDAQ:SPLS)
transcriptdaily.com - February 6 at 12:45 AM
seekingalpha.com logoStaples, Inc. (SPLS) (NASDAQ:SPLS)
seekingalpha.com - February 3 at 5:33 AM
News IconStaples Inc Valuation – February 2017 $SPLS (NASDAQ:SPLS)
www.moderngraham.com - February 3 at 5:33 AM
marketwired.com logoStaples Business Advantage Launches Classroom Makeover Contest (NASDAQ:SPLS)
www.marketwired.com - February 2 at 3:42 AM
finance.yahoo.com logoStaples Canada Releases Q3 2016 Sustainability Report (NASDAQ:SPLS)
finance.yahoo.com - January 30 at 10:07 PM
News IconRite Aid Merger Tank: Lessons From Staples & Office Depot Merger Failure (NASDAQ:SPLS)
feedproxy.google.com - January 30 at 12:37 PM
finance.yahoo.com logoGoodHaven Funds Comments on Staples (NASDAQ:SPLS)
finance.yahoo.com - January 28 at 6:41 AM
News IconTaking a Look at the Chart for Staples, Inc. (SPLS) - The USA Commerce (NASDAQ:SPLS)
theusacommerce.com - January 26 at 5:57 AM
News IconEarnings in Full Force, Analysts Take Aim at Staples, Inc. (NASDAQ:SPLS) - Wall Street Beacon (NASDAQ:SPLS)
wsbeacon.com - January 26 at 5:57 AM
marketexclusive.com logoSTAPLES, INC. (NASDAQ:SPLS) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year - Market Exclusive (NASDAQ:SPLS)
marketexclusive.com - January 26 at 5:57 AM
seekingalpha.com logoStaples: Time To Slash Dividend? - Seeking Alpha (NASDAQ:SPLS)
seekingalpha.com - January 26 at 5:57 AM
finance.yahoo.com logoStaples, Inc. Announces Changes to Board and Governance Practices (NASDAQ:SPLS)
finance.yahoo.com - January 25 at 6:07 AM
finance.yahoo.com logo4:13 pm Staples details changes to its governance practices and Board (NASDAQ:SPLS)
finance.yahoo.com - January 25 at 6:07 AM
biz.yahoo.com logoSTAPLES INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Regulation FD Disclo (NASDAQ:SPLS)
biz.yahoo.com - January 25 at 6:07 AM
thestreet.com logoArthur Blank Is Paying for Every Atlanta Falcons Franchise Employee to Attend the Super Bowl (NASDAQ:SPLS)
www.thestreet.com - January 23 at 9:48 PM
istreetwire.com logoEye Catching Stocks: Cognizant Technology Solutions Corporation (CTSH), Staples, Inc. (SPLS), Immunomedics, Inc ... - iStreetWire (NASDAQ:SPLS)
istreetwire.com - January 23 at 8:27 AM
News IconThe Technical Case for and Against Staples, Inc. (SPLS) - The USA Commerce (NASDAQ:SPLS)
theusacommerce.com - January 23 at 8:27 AM
thestreet.com logo3 Moves That Will Enable Staples to Thrive in 2017 (NASDAQ:SPLS)
www.thestreet.com - January 23 at 8:27 AM
fool.com logoThese Dividend Stocks Could Double in 2017 (NASDAQ:SPLS)
www.fool.com - January 22 at 12:39 PM
investorplace.com logoBuy the Vanguard Consumer Staples ETF (VDC) as the Economy Stabilizes (NASDAQ:SPLS)
investorplace.com - January 20 at 6:12 AM
News IconFirms & Funds Reinforcing Their Perception of Staples, Inc. (NASDAQ:SPLS) - Wall Street Beacon (NASDAQ:SPLS)
wsbeacon.com - January 17 at 9:47 PM
istreetwire.com logoStocks Intraday Alert: Staples, Inc. (SPLS), UnitedHealth Group Incorporated (UNH), Synergy Pharmaceuticals Inc ... - iStreetWire (NASDAQ:SPLS)
istreetwire.com - January 17 at 12:44 PM

Social

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, December 6th. Investors of record on Wednesday, December 21st will be paid a dividend of $0.12 per share on Thursday, January 12th. This represents a $0.48 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend is Monday, December 19th.

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

13 analysts have issued twelve-month price objectives for Staples' shares. Their predictions range from $8.00 to $15.00. On average, they anticipate Staples' stock price to reach $10.10 in the next twelve months.

When will Staples announce their earnings?

Staples is scheduled to release their next quarterly earnings announcement on Thursday, March, 2nd 2017.

What are analysts saying about Staples stock?

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

  • 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)

  • 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)

Who owns Staples stock?

Staples' stock is owned by a variety of of institutional and retail investors. Top institutional investors include /PZENA INVESTMENT MANAGEMENT, LLC (4.98%), FMR LLC (4.59%), State Street Corp (4.48%), Credit Agricole S A (2.53%), Dimensional Fund Advisors LP (1.56%) 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 purchased by a variety of institutional investors in the last quarter, including 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, Allianz Asset Management AG and A.R.T. Advisors LLC. 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 $9.48.

Staples (NASDAQ:SPLS) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Staples (NASDAQ:SPLS)

Earnings History Chart

Earnings by Quarter for Staples (NASDAQ:SPLS)

Dividend History Chart

Dividend Payments by Quarter for Staples (NASDAQ:SPLS)

Last Updated on 2/23/2017 by MarketBeat.com Staff