About Staples (NASDAQ:SPLS)
Staples, 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: Cyclical Consumer Goods & Services
- Industry: Other Specialty Retailers
- Sub-Industry: Specialty Stores
- Symbol: NASDAQ:SPLS
- CUSIP: 85503010
- Web: https://www.staples.com/
- Market Cap: $6.73 billion
- Outstanding Shares: 656,713,000
- 50 Day Moving Avg: $10.21
- 200 Day Moving Avg: $9.58
- 52 Week Range: $7.24 - $10.26
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.52
- P/E Growth: 0.00
- Annual Revenue: $17.91 billion
- Price / Sales: 0.38
- Book Value: $5.16 per share
- Price / Book: 1.99
- Annual Dividend: $0.48
- Dividend Yield: 4.7%
- EBITDA: $1.22 billion
- Net Margins: 1.61%
- Return on Equity: 7.49%
- Return on Assets: 3.33%
- Debt-to-Equity Ratio: 0.15%
- Current Ratio: 1.43%
- Quick Ratio: 0.87%
- Average Volume: 12.32 million shs.
- Beta: 1.74
- Short Ratio: 1.37
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 declared a quarterly dividend on Monday, June 12th. Investors of record on Friday, June 23rd will be paid a dividend of $0.12 per share on Thursday, July 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date of this dividend is Wednesday, June 21st. View Staples' Dividend History.
How were Staples' earnings last quarter?
Staples, Inc. (NASDAQ:SPLS) released its quarterly earnings data on Thursday, August, 24th. The company reported $0.12 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.12. The company had revenue of $3.91 billion for the quarter, compared to analyst estimates of $3.87 billion. Staples had a return on equity of 7.49% and a net margin of 1.61%. The business's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the business earned $0.12 EPS. View Staples' Earnings History.
When will Staples make its next earnings announcement?
Where is Staples' stock going? Where will Staples' stock price be in 2017?
6 equities research analysts have issued 12 month price objectives for Staples' shares. Their forecasts range from $5.00 to $12.00. On average, they anticipate Staples' share price to reach $8.85 in the next twelve months. View Analyst Ratings for Staples.
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, which accepted the buyout offer of Sycamore Partners, has outpaced the industry in the past three months. The company reported in-line earnings for the fifth quarter in row, when it posted second-quarter fiscal 2017 results. Top line also beat estimates. However, both sales and earnings continued to decline year over year. Persistent weakness in the office products sector, technological advancements and stiff competition continue to hurt performance. Nevertheless, Staples' actions to streamline operations aimed at enhancing productivity and performance of North American business bode well. Further, its cost containment efforts that target annualized savings of nearly $300 million by 2018 holds promise. The company is poised to gain from its plans of shutting underperforming stores, boosting online presence and tapping growth opportunities in Pro Categories." (8/25/2017)
- 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)
Who are some of Staples' key competitors?
Some companies that are related to Staples include Tractor Supply Company (TSCO), NEXT plc (NXT), Marks and Spencer Group Plc (MKS), Cabelas (CAB), The Michaels Companies (MIK), Stamps.com (STMP), Ollie's Bargain Outlet Holdings (OLLI), Sally Beauty Holdings (SBH), Party City Holdco (PRTY), Rent-A-Center (RCII), West Marine (WMAR), Barnes & Noble Education (BNED), Container Store (The) (TCS), Gaia (GAIA), EVINE Live (EVLV) and Dover Saddlery (DOVR).
Who are Staples' key executives?
Staples' management team includes the folowing people:
- Robert E. Sulentic, Independent Chairman of the Board
- Shira D. Goodman, President, Chief Executive Officer, Director
- Jeffrey L. Hall, Vice Chairman, Chief Administrative Officer
- Joseph G. Doody, Vice Chairman
- Christine T. Komola, Chief Financial Officer, Executive Vice President
- Steve Matyas, President, North American Retail
- Mark Conte, Senior Vice President, Corporate Controller
- Michelle Bottomley, Chief Marketing Officer
- Michael T. Williams, Chief Legal Officer, Secretary
- Drew G. Faust, Independent Director
Who owns Staples stock?
Staples' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Shell Asset Management Co. (0.02%). Company insiders that own Staples stock include Mark Conte, Michael Williams, Paul-Henri Ferrand and Shira Goodman. View Institutional Ownership Trends for Staples.
Who bought Staples stock? Who is buying Staples stock?
Staples' stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co.. Company insiders that have bought Staples stock in the last two years include Paul-Henri Ferrand and Shira Goodman. View Insider Buying and Selling for Staples.
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.
What is Staples' stock price today?
MarketBeat Community Rating for Staples (NASDAQ SPLS)MarketBeat's community ratings are surveys of what our community members think about Staples and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Staples stock can currently be purchased for approximately $10.25.
Consensus Ratings for Staples (NASDAQ:SPLS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.17)|
|Consensus Price Target: ||$8.85 (13.66% downside)|Consensus Price Target History for Staples (NASDAQ:SPLS)
Analysts' Ratings History for Staples (NASDAQ:SPLS)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/9/2017||Jefferies Group LLC||Reiterated Rating||Hold||$9.00||Low|
|6/29/2017||Telsey Advisory Group||Boost Price Target||Market Perform -> Market Perform||$9.00 -> $10.25||Low|
|6/22/2017||Deutsche Bank AG||Set Price Target||Hold||$8.00||Low|
|6/20/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||Medium|
|5/19/2017||Loop Capital||Reiterated Rating||Hold||$5.00||Low|
|4/5/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$12.00||Medium|
|8/18/2016||Morgan Stanley||Set Price Target||Hold||$10.00||N/A|
|5/29/2016||Bank of America Corporation||Boost Price Target||Underperform -> Buy||$8.10 -> $10.00||N/A|
|5/19/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$12.00 -> $9.00||N/A|
|5/15/2016||Wells Fargo & Company||Reiterated Rating||Equal Weight||N/A|
|3/25/2016||KeyCorp||Reiterated Rating||Equal Weight||N/A|
|3/8/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Hold||N/A|
|3/7/2016||Credit Suisse Group||Lower Price Target||Neutral||$15.00 -> $10.00||N/A|
|12/7/2015||BB&T Corporation||Downgrade||Buy -> Hold||N/A|
Earnings History for Staples (NASDAQ:SPLS)Earnings History by Quarter for Staples (NASDAQ SPLS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/24/2017||Q2 2018||$0.12||$0.12||$3.87 billion||$3.91 billion||View||N/A|
|5/16/2017||Q1 17||$0.17||$0.17||$4.50 billion||$4.15 billion||View||N/A|
|3/9/2017||Q4 2017||$0.26||$0.25||$5.03 billion||$4.56 billion||View||Listen|
|11/17/2016||Q316||$0.34||$0.34||$5.40 billion||$5.40 billion||View||Listen|
|8/17/2016||Q216||$0.12||$0.12||$4.78 billion||$4.80 billion||View||Listen|
|5/18/2016||Q116||$0.16||$0.17||$5.08 billion||$5.10 billion||View||Listen|
|3/4/2016||Q415||$0.28||$0.26||$5.40 billion||$5.27 billion||View||Listen|
|11/18/2015||Q315||$0.35||$0.35||$5.67 billion||$5.60 billion||View||Listen|
|8/19/2015||Q215||$0.12||$0.12||$4.96 billion||$4.90 billion||View||Listen|
|5/20/2015||Q115||$0.17||$0.17||$5.46 billion||$5.30 billion||View||Listen|
|3/6/2015||Q414||$0.30||$0.31||$5.75 billion||$5.66 billion||View||Listen|
|11/19/2014||Q314||$0.36||$0.37||$5.95 billion||$5.96 billion||View||Listen|
|8/20/2014||Q214||$0.11||$0.12||$5.16 billion||$5.20 billion||View||Listen|
|5/20/2014||Q114||$0.21||$0.18||$5.62 billion||$5.70 billion||View||N/A|
|3/6/2014||Q413||$0.39||$0.33||$5.98 billion||$5.87 billion||View||Listen|
|11/20/2013||Q3||$0.42||$0.42||$6.18 billion||$6.11 billion||View||Listen|
|8/21/2013||Q2 2013||$0.18||$0.16||$5.37 billion||$5.30 billion||View||Listen|
|5/22/2013||Q1 2013||$0.27||$0.26||$5.91 billion||$5.81 billion||View||Listen|
|3/6/2013||Q4 2012||$0.45||$0.46||$6.72 billion||$6.57 billion||View||Listen|
|11/14/2012||Q312||$0.45||$0.46||$6.46 billion||$6.35 billion||View||N/A|
Earnings Estimates for Staples (NASDAQ:SPLS)
2017 EPS Consensus Estimate: $1.00
2018 EPS Consensus Estimate: $0.87
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Staples (NASDAQ:SPLS)
|Most Recent Dividend:||7/13/2017|
|Payout Ratio:||-20.43% (Trailing 12 Months of Earnings) |
55.81% (Based on This Year's Estimates)
53.93% (Based on Next Year's Estimates)
Dividend History by Quarter for Staples (NASDAQ SPLS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Staples (NASDAQ:SPLS)
Insider Ownership Percentage: 0.72%Insider Trades by Quarter for Staples (NASDAQ:SPLS)
Institutional Ownership Percentage: 85.56%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/8/2016||Mark Conte||SVP||Sell||5,195||$9.97||$51,794.15|| |
|7/14/2016||Paul-Henri Ferrand||Director||Buy||139||$9.13||$1,269.07|| |
|6/30/2016||Michael Williams||General Counsel||Sell||12,458||$8.59||$107,014.22|| |
|12/15/2015||Shira Goodman||Insider||Buy||5,100||$9.70||$49,470.00|| |
|6/10/2014||Rowland Moriarty||Director||Sell||100,000||$11.14||$1,114,000.00|| |
|4/4/2014||Rowland Moriarty||Director||Sell||25,235||$12.20||$307,867.00|| |
|4/3/2014||Ronald Sargent||CEO||Buy||8,500||$11.82||$100,470.00|| |
|3/20/2014||Shira Goodman||Insider||Buy||5,000||$11.44||$57,200.00|| |
|12/10/2013||Joseph Doody||Insider||Sell||32,041||$16.17||$518,102.97|| |
|7/5/2013||Ronald Sargent||CEO||Sell||68,806||$15.90||$1,094,015.40|| |
|6/28/2013||Demos Parneros||Insider||Sell||75,000||$16.00||$1,200,000.00|| |
|6/18/2013||Joseph Doody||Insider||Sell||40,000||$16.50||$660,000.00|| |
|6/4/2013||Ronald Sargent||CEO||Sell||525,000||$15.04||$7,896,000.00|| |
|5/31/2013||Christine T Komola||CFO||Sell||18,000||$14.93||$268,740.00|| |
|5/29/2013||Robert Nakasone||Director||Sell||21,825||$14.95||$326,283.75|| |
|5/23/2013||Michael Williams||SVP||Buy||10,000||$14.90||$149,000.00|| |
|5/23/2013||Paul Walsh||Director||Sell||22,500||$14.90||$335,250.00|| |
Headline Trends for Staples (NASDAQ:SPLS)
Latest Headlines for Staples (NASDAQ:SPLS)
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Staples (SPLS) Chart for Sunday, October, 22, 2017