Staples Company Profile (NASDAQ:SPLS)

About Staples (NASDAQ: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,,, and, 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
  • Symbol: NASDAQ:SPLS
  • CUSIP: 85503010
  • Web:
  • Market Cap: $5.92 billion
  • Outstanding Shares: 653,165,000
Average Prices:
  • 50 Day Moving Avg: $9.49
  • 200 Day Moving Avg: $9.25
  • 52 Week Range: $7.24 - $10.25
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.41
  • P/E Growth: 7.89
Sales & Book Value:
  • Annual Revenue: $18.03 billion
  • Price / Sales: 0.33
  • Book Value: $5.14 per share
  • Price / Book: 1.76
  • Annual Dividend: $0.48
  • Dividend Yield: 5.5%
  • EBIDTA: $1.26 billion
  • 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%
  • Average Volume: 6.78 million shs.
  • Beta: 1.78
  • Short Ratio: 2.2

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. Stockholders 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 annualized dividend and a dividend yield of 5.30%. The ex-dividend date of this dividend is Wednesday, March 22nd. View Staples' Dividend History.

How were Staples' earnings last quarter?

Staples, Inc. (NASDAQ:SPLS) issued its earnings results on Tuesday, May, 16th. The company reported $0.17 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.17. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.50 billion. Staples had a negative net margin of 2.25% and a positive return on equity of 11.46%. The company's revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.17 earnings per share. View Staples' Earnings History.

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

Staples updated its second quarter earnings guidance on Tuesday, May, 16th. The company provided EPS guidance of $0.10-0.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.13.

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

9 brokers have issued 12-month price objectives for Staples' stock. Their predictions range from $5.00 to $12.00. On average, they anticipate Staples' stock price to reach $9.00 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 has outpaced the 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. Both the top and bottom lines continued to decline year over year. We noted that estimates have been stable lately ahead of the company’s first-quarter fiscal 2017 earnings release." (5/15/2017)
  • 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 drop in short interest during the month of May. As of May 15th, there was short interest totalling 8,466,145 shares, a drop of 17.8% from the April 28th total of 10,294,045 shares. Based on an average daily volume of 4,700,257 shares, the short-interest ratio is currently 1.8 days. Currently, 1.3% of the shares of the company are sold short.

Who are some of Staples' key competitors?

Who owns Staples stock?

Staples' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.00%), BlackRock Inc. (7.34%), Schroder Investment Management Group (5.15%), Pzena Investment Management LLC (4.79%), FMR LLC (4.78%) and State Street Corp (4.53%). Company insiders that own Staples stock include Mark Conte, Michael Williams, Paul-Henri Ferrand and Shira Goodman. View Institutional Ownership Trends for Staples.

Who sold Staples stock? Who is selling Staples stock?

Staples' stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Credit Agricole S A, Ameriprise Financial Inc., AQR Capital Management LLC, Parametric Portfolio Associates LLC, Gotham Asset Management LLC, Credit Suisse AG and Tocqueville Asset Management L.P.. Company insiders that have sold Staples stock in the last year include Mark Conte and Michael Williams. View Insider Buying and Selling for Staples.

Who bought Staples stock? Who is buying Staples stock?

Staples' stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Oldfield Partners LLP, Dimensional Fund Advisors LP, Prudential Financial Inc., Vanguard Group Inc., Schroder Investment Management Group, First Quadrant L P CA and FMR LLC. 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.

How much does a share of Staples stock cost?

One share of Staples stock can currently be purchased for approximately $9.06.

Analyst Ratings

Consensus Ratings for Staples (NASDAQ:SPLS) (?)
Ratings Breakdown: 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $9.00 (0.66% downside)

Analysts' Ratings History for Staples (NASDAQ:SPLS)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017Loop CapitalReiterated RatingHold$5.00LowView Rating Details
5/16/2017Oppenheimer Holdings Inc.Reiterated RatingHoldLowView 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 5/26/2015 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
5/16/2017Q1 17$0.17$0.17$4.50 billion$4.15 billionViewN/AView Earnings Details
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)


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$0.31$0.33$0.32
Q4 20183$0.26$0.27$0.27
(Data provided by Zacks Investment Research)


Current Dividend Information for Staples (NASDAQ:SPLS)
Most Recent Dividend:4/13/2017
Annual Dividend:$0.48
Dividend Yield:5.30%
Payout Ratio:-66.67% (Trailing 12 Months of Earnings)
54.55% (Based on This Year's Estimates)
55.17% (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 logoStaples' (SPLS) Hold Rating Reaffirmed at Loop Capital - May 19 at 10:18 PM logoResearch Analysts Set Expectations for Staples, Inc.'s FY2018 Earnings (SPLS) - May 19 at 12:18 PM logoETFs with exposure to Staples, Inc. : May 18, 2017 - May 19 at 10:05 AM logoStaples, Inc. (SPLS) to Post Q4 2018 Earnings of $0.27 Per Share, Oppenheimer Holdings Forecasts - May 18 at 3:32 PM logoResearch Analysts Offer Predictions for Staples, Inc.'s Q3 2018 Earnings (SPLS) - May 18 at 2:00 PM logoConsumer Staples Select Sect. SPDR (ETF) (XLP): The Quick Guide to XLP - May 18 at 1:51 PM logoFord to cut jobs, Etsy soars on talk of sale, Dick's Sporting Goods slides on sales miss - May 18 at 1:00 PM logoYahoo Finance Live: Midday Movers - May 16th, 2017 - May 18 at 1:00 PM logoEarnings Reaction History: Staples, Inc., 55.6% Follow-Through Indicator, 4.3% Sensitive - Nasdaq - May 17 at 7:53 PM logoStaples Is Focused On Its 2020 Business Strategy - Seeking Alpha - May 17 at 7:53 PM logoStaples, Inc. (SPLS) Q1 Sales and EPS Fall Short of Wall Street Expectations - - May 17 at 7:53 PM logoStaples, Inc. :SPLS-US: Earnings Analysis: Q1, 2018 By the Numbers : May 17, 2017 - May 17 at 7:53 PM logoFourth Annual Cradles to Crayons® Backpack-A-Thon® at Staples Stuffs 20,000 Backpacks - May 17 at 7:53 PM logoStaples, Inc. (SPLS) Given Hold Rating at Oppenheimer Holdings Inc. - May 17 at 7:10 PM logoAsian stocks mostly lower amid political uncertainties - May 17 at 9:31 AM logoEdited Transcript of SPLS earnings conference call or presentation 16-May-17 12:00pm GMT - May 17 at 9:31 AM logoToday's Research Reports on Stocks to Watch: Staples and Rite Aid - May 17 at 9:31 AM logoStaples, Inc. breached its 50 day moving average in a Bearish Manner : SPLS-US : May 17, 2017 - May 17 at 9:31 AM logoStaples (SPLS) Q1 Earnings Meet, Sales Miss, Guides Q2 - May 16 at 7:53 PM logoStaples, Inc. (SPLS) Q1 Sales and EPS Fall Short of Wall Street Expectations - May 16 at 11:14 AM logoStaples Inc. Reveals 7% Drop In Q1 Earnings - May 16 at 9:01 AM logoTechnical Reports on Specialty Retail Stocks -- Alibaba, Staples, Office Depot, and Party City Holdco - May 16 at 9:01 AM logoStaples, Inc. Announces First Quarter 2017 Performance - May 16 at 9:01 AM logoStaples reports 1Q loss - May 16 at 9:01 AM logoThere's a Horrible Trend at Staples That Should Remind Everyone How Bleak Retail is Right Now - May 16 at 9:01 AM logoThree ways you could make money on Tuesday - May 16 at 9:01 AM logoStaples (SPLS) Q1 Earnings in Line, Sales Lag Estimates - May 16 at 9:01 AM logoStaples, Inc. (SPLS) Releases Q2 Earnings Guidance - May 16 at 8:52 AM logoStaples, Inc. (SPLS) Posts Earnings Results, Hits Expectations - May 16 at 8:52 AM logoStaples, Inc. (SPLS) Upgraded by Zacks Investment Research to Hold - May 15 at 1:56 PM logoCan Staples, Inc. (SPLS) Stock Stand Up Without Office Depot Merger? - May 15 at 10:36 AM logoQ3 2018 Earnings Forecast for Staples, Inc. (SPLS) Issued By Oppenheimer Holdings - May 15 at 9:18 AM logoIs Staples (SPLS) Likely to Disappoint in Q1 Earnings? - May 13 at 12:59 AM logoQ4 2018 EPS Estimates for Staples, Inc. (SPLS) Increased by Analyst - May 12 at 6:22 PM logoShort Interest in Staples, Inc. (SPLS) Decreases By 19.4% - May 12 at 7:08 AM logoStaples, Inc. Names Brett Wahlin Chief Information Security Officer - Business Wire (press release) - May 9 at 7:28 PM logoOffice Depot profit beats as fewer stores help tighten costs - May 9 at 10:22 AM logoStaples, Inc. to Announce First Quarter 2017 Results on May 16, 2017 - May 9 at 10:22 AM logoOffice Depot beats 1Q profit forecasts on cost cuts - May 9 at 10:22 AM logoTwo years after massive breach, Staples hires first cybersecurity chief - May 8 at 7:28 PM logoStaples, Inc. Names Brett Wahlin Chief Information Security Officer - May 8 at 7:28 PM logoStaples to Launch AI-Powered Office Assistant - May 8 at 7:28 PM logoStaples, Inc. (SPLS) Expected to Post Earnings of $0.17 Per Share - May 6 at 12:36 AM logoStaples, Inc. (SPLS) Receives $9.61 Average PT from Analysts - May 5 at 10:58 PM logo Brokerages Expect Staples, Inc. (SPLS) Will Post Quarterly Sales of $4.57 Billion - May 4 at 1:10 PM logoStaples Launches New Brand Campaign: “Staples - It's Pro Time” - Business Wire (press release) - May 4 at 10:58 AM logoExclusive: Cerberus, Sycamore Partners wrestle with Staples buyout - Reuters - May 4 at 10:58 AM logoWhy Staples, Inc. Stock Jumped 11% in April - Motley Fool - May 4 at 10:58 AM logoSomewhat Positive News Coverage Somewhat Likely to Impact Staples (SPLS) Share Price - May 3 at 10:44 PM logoETFs with exposure to Staples, Inc. : May 3, 2017 - May 3 at 6:07 PM



Staples (SPLS) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff