U.S.

Staples to close 70 stores this year; doesn't say which ones

Staples to close 70 stores this year; doesn't say which ones

The stock has Return on Assets (ROA) of -4.4 percent. That puts total institutional holdings at 589,637,597 shares, according to SEC filings.

Company shares have received an average consensus rating of Hold for the current week now the company Insiders own 1.8% of Staples, Inc. shares according to the proxy statements. The firm earned $4.56 billion during the quarter, compared to analysts' expectations of $5.03 billion. The company has Beta Value of 1.75 and ATR value of 0.26. Finally, Dimensional Fund Advisors LP increased its position in shares of Staples by 12.0% in the fourth quarter.

The stock has P/B of 1.23.

Staples, Inc. has dropped 7.81% during the last 3-month period.

Staples (NASDAQ:SPLS) last issued its earnings results on Thursday, March 9th. Staples, Inc. The stock's market capitalization is $6.04 billion. The share price is trading in a range of $8.74 - 8.87. (NASDAQ:SPLS), 1 rate it "Buy", 0 "Outperform", 14 "Underperform", 0 "Sell", while 0 "Hold". Loop Capital initiated coverage on Staples in a research report on Tuesday, December 13th. While some analysts have a High Price target for the stock of $12 and a Low Price Target of $8.


On Oct 16 Staples, Inc.

Shares of Staples are down nearly 4% in pre-market trading Thursday after missing on both earnings and revenue. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.38 on scale of 1-5. Continental Advisors LLC now owns 108,800 shares of the company's stock worth $938,000 after buying an additional 10,000 shares during the last quarter. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Multiple company employees have indulged in significant insider trading. Instead Staples is hoping to sell more business services and connect with more customers online. It also provides copy and print services, as well as technology services.

"I'm increasingly confident that we have the right plan and the right team to transform Staples and get back to sustainable sales and earnings growth", said CEO Shira Goodman in a statement, touting Staples' North American delivery business, which reported comparable sales growth of 1% to $2.6 billion.

Want to see what other hedge funds are holding SPLS?


  • 19 girls dead and dozens injured in fire at Guatemala orphanage

    19 girls dead and dozens injured in fire at Guatemala orphanage

    A riot began on Wednesday at the children's home when a resident set fire to a mattress in the female section. He said that a group of young people who had been isolated by police were responsible for the fire.
    Gboard adds emoji and GIF suggestions, in-line Google Translate and new themes

    Gboard adds emoji and GIF suggestions, in-line Google Translate and new themes

    Voice typing is now easier than ever with an updated interface to make it seamless to switch back to regular typing. Moreover, You can now share GIFs in supported apps such as Facebook Messenger, Snapchat, Hangouts and Allo.
    China surprises with 1st trade deficit since 2014

    China surprises with 1st trade deficit since 2014

    US imports of crude oil were the highest since July 2013 while the price per barrel was the highest since August 2015. The dollar was trading little changed against a basket of currencies, while prices for U.S. government bonds slipped.
  • Separating fact from fiction this World Kidney Day

    Separating fact from fiction this World Kidney Day

    This is because symptoms often don't materialise until the disease has progressed to an advanced stage. Improvements in this realm could provide an avenue to restoring function within a failing kidney.
    Tusk to run for the European Union  presidency despite Polish opposition?

    Tusk to run for the European Union presidency despite Polish opposition?

    Poland's government wants a Polish center-right European lawmaker, Jacek Saryusz-Wolski, to replace Tusk, whose term ends May 31. Polish Foreign Minister Witold Waszczykowski said Thursday that Poland will do everything it can to block Tusk's re-election.
    Police operation underway at Dusseldorf train station

    Police operation underway at Dusseldorf train station

    A number of people were injured on Thursday by at least one person wielding an axe at a train station in Dusseldorf , Germany. Police said two suspected attackers have been arrested following the attack but more are thought to be on the run.
  • Turn the clocks forward this weekend

    Turn the clocks forward this weekend

    Most clocks , such as those on cell phones and computers will update automatically overnight, moving forward from 2am to 3am. Or, lawmakers could vote to get rid of DST altogether and keep the state in the Pacific time zone all year-round.
    Grandfather believes killer of 2 IN  teens will be found

    Grandfather believes killer of 2 IN teens will be found

    The public is encouraged to keep reporting new tips about the investigation, no matter how small or insignificant they may seem. Authorities urge anyone with information about the killings to call their tip line.
    Leonard's 39 points, defense, lead Spurs by Harden, Rockets

    Leonard's 39 points, defense, lead Spurs by Harden, Rockets

    Leonard got a screen about 30 feet from the basket from LaMarcus Aldridge, allowing him to get a big man, Nene, switched onto him. Kawhi Leonard had his Most Valuable Player moment on Monday, and now it's time to reassess where he stands in the debate.
  • Texans ship Brock Osweiler and a second-round pick to Cleveland

    Texans ship Brock Osweiler and a second-round pick to Cleveland

    As fate would have it, ESPN reporter Adam Schefter tweeted Thursday afternoon, lowly Cleveland came a-calling. Should he become a free agent, though, Cutler would be an upgrade over Brock Osweiler or Tom Savage .
    360-Degree Video Finally Comes to Vimeo

    360-Degree Video Finally Comes to Vimeo

    More information about Vimeo 360 is available on the Vimeo website . But support for the Oculus Rift and HTC Vive is coming soon. Vimeo is finally offering 360 video to its filmmakers.
    Hyundai reveals FE Fuel Cell Concept with 500-mile range

    Hyundai reveals FE Fuel Cell Concept with 500-mile range

    Inside, the auto features an integrated air humidifier that Hyundai says recycles the water emitted by the vehicle into the cabin. Hydrogen fuel cells are energy systems that have very recently begun to gain traction in the transportation space.