More on Staples (SPLS)

Company Profile:
Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services to retail and delivery customers, as well as technology services through its EasyTech business. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Quill.com Websites, as well as through retail stores, contract sales force, and direct mail catalog business. As of March 7, 2014, it operated approximately 2,200 stores worldwide.

Financials & Outlook of SPLS:
Last traded = US$11.49
Market Capital = US$7.43B
Current P/E = 13.86
P/S = 0.33
Dividend Yield = 4.3%
Beta = 1.62
The technicals show strong support at US$10.90.

I rate it a buy at current price.

What is the outlook of Staples (US stock symbol SPLS) now at US$11.45

Since I mentioned Staples (US stock symbol SPLS) previously a few days ago which was at US$11.18, it is now trading at US$11.45.  For those reading my post, sorry that I didn't get the time to put all the facts together to write a detail analysis.  However, I would just like to summarize that I believe Staples (SPLS) at about current price is worth a go at it.  I believe the worst is probably over.  There is no guarantee that it will not drop further, but the scope of drop is likely to be quite limited (in my view), while the potential for upside is significantly higher than dropping.  

What is the outlook of Staples (US stock symbol SPLS)?

Staples Inc stock price (US stock quote SPLS) has crashed to historical lows, as of now at US$11.18.  Its 52-week historical high is US$17.3 and 52-week historical low is US$10.70.  What is the outlook of the SPLS stock price going forward?

Will it rise from ashes and you should buy now?

Or will it fall further and you should be aware not to catch a falling knife?

I have done some mental notes and appraisal on SPLS, but will need time to write it down here in details and with proper argument to support my judgement, stay tuned!