In a research note issued to investors, Matthew J Fassler at Goldman Sachs rated Staples, Inc. (NASDAQ:SPLS) a Hold. The analyst placed a $16.00 price target on the stock which indicates a 3.44% upside to the last closing price. In the year following Fassler’s ratings, the stocks covered yield an average return of 5.5% according to TipRanks.com. In the past year 35 out of 71 recommendations or 49% were successful.
Staples, Inc. (NASDAQ:SPLS), a NasdaqNM listed company, has a current market cap of 10.602B and on average over the past 3 months has seen 14793300 shares trade hands on a daily basis.
On a technical level the stock has a 50 Day Moving Average of 17.3179. Based on a recent trade, this puts the equity at -4.32% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -14.59% away from it’s 52-week high of 19.40 and +54.86% away from the stock’s low point over the past 52 weeks, which was 10.70. On a consensus basis, analysts have a one year target price of 17.48. The company last reported earnings per share of 0.931.
The consensus analyst estimates according to First Call for the next quarter is 0.17. The current year EPS estimate on the stock is 0.96 and the EPS estimate for next year sits at 0.96. In looking at the fundamentals, SPLS has a P/E ratio of 17.80 and a price to book ratio of 1.76. The company’s Book Value is 9.411 and most recently reported EBITDA of 1.464B. The price compared to next year’s EPS estimate in the current year is 17.26.
Staples, Inc. (SPLS), The Company operates in three business segments: North American Stores & Online, North American Commercial and International Operations. The Company provides a range of products, Websites and mobile platforms, an integrated retail and online shopping experience and a range of copy and print and technology services. North American Stores & Online segment includes the Company’s retail stores and Staples.com businesses in the United States and Canada. The Company’s North American Commercial segment consists of the United States and Canadian businesses that sell and deliver office products and services directly to businesses and includes Staples Advantage and Quill.com. The Company’s International Operations segment consists of businesses in approximately 23 countries in Europe, Australia, South America and Asia.