2. As of noon trading, Staples ( SPLS) is down $0.19 (-1.6%) to $11.51 on light volume Thus far, 3.5 million shares of Staples exchanged hands as compared to its average daily volume of 14.3 million shares. The stock has ranged in price between $11.48-$11.82 after having opened the day at $11.80 as compared to the previous trading day's close of $11.70.

Staples, Inc., together with its subsidiaries, operates as an office products company. The company offers various office supplies and services, office machines and related products, computers and related products, and office furniture under Staples, Quill, and other proprietary brands. Staples has a market cap of $7.9 billion and is part of the services sector. The company has a P/E ratio of 392.0, above the S&P 500 P/E ratio of 17.7. Shares are down 15.3% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Staples a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Staples as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Staples Ratings Report now.

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