Office Depot, Inc. (ODP) closed at $5.39 in the last trading session
- Author: Zachary Reyes Jun 24, 2017,
Jun 24, 2017, 7:37
09/08/2015 - Office Depot, Inc. was upgraded to "buy" by analysts at B. Riley. Office Depot reported earnings per share of $0.03 during the same quarter last year, which would indicate a positive year over year growth rate of 200%.
Office Depot, Inc. (ODP) have shown a high EPS growth of 36.30% in the last 5 years and has earnings rose of 659.90% yoy. During the same quarter previous year, the business posted $0.10 earnings per share.
Office Depot (NASDAQ:ODP) last released its earnings results on Tuesday, May 9th. These analysts have also projected a Low Estimate of $0.05/share and a High Estimate of $0.11/share.
Among 8 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 2 Sell and 3 Hold. Office Depot had a return on equity of 13.39% and a net margin of 3.93%.
Quarterly Revenue growth year over year is -7 Percent. Its sales stood at -0.80% a year on average in the period of last five years.
Several equities research analysts recently issued reports on ODP shares.
03/08/2017 - Office Depot, Inc. had its "hold" rating reiterated by analysts at Loop Capital. Great West Life Assurance Com Can holds 0% of its portfolio in Office Depot Inc (NASDAQ:ODP) for 380,258 shares.
A look at some of the inputs to technical analysis model shows how Office Depot, Inc. current price compares to its recent moving averages. Going from the most negative analyst price target to above consensus is one thing. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has "Hold" rating by HSBC on Thursday, November 5.
Office Depot, Inc provides a selection of products and services to consumers and businesses of various sizes. "(ODP) to Post $0.09 EPS" was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and global copyright and trademark legislation.
In other Office Depot news, EVP Stephen R. Calkins sold 15,436 shares of Office Depot stock in a transaction dated Tuesday, March 21st. The firm has "Sell" rating given on Thursday, August 4 by UBS. Following the completion of the sale, the executive vice president now owns 469,229 shares of the company's stock, valued at $2,172,530.27.
In other Office Depot news, insider Michael R. Allison sold 66,217 shares of Office Depot stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $4.61, for a total value of $161,350.00. ODP is down around 45.37% from its 12-month high of $3.01 notched on Nov 01, 2016 but is -3.45% above its highest point the past 12 months of $5.7 a share. The disclosure for this sale can be found here. Dimensional Fund Advisors LP now owns 28,351,548 shares of the specialty retailer's stock worth $132,259,000 after buying an additional 6,324,791 shares in the last quarter. Beta factor, which measures the riskiness of the security, was observed as 2.97.
A number of large investors have recently modified their holdings of the company. LLC acquired a new stake in shares of Office Depot during the first quarter worth $120,000. The Wisconsin-based Johnson Financial Gp Incorporated has invested 0% in Office Depot Inc (NASDAQ:ODP). OMERS ADMINISTRATION Corp raised its stake in shares of Office Depot by 43.0% in the first quarter.
The stock of Office Depot Inc (NASDAQ:ODP) is a huge mover today!
Shares outstanding are recorded as 527.95 M and total shares floated are 506.44 M. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.60.
Currently Office Depot Cmn (NASDAQ:ODP)'s shares owned by insiders are 1.8%, whereas shares owned by institutional owners are 97.1%. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in Office Depot by 19.5% in the first quarter. Telsey Advisory Group maintained it with "Market Perform" rating and $4.50 target in Friday, October 28 report.
Mutual of America Capital Management LLC boosted its position in shares of Office Depot, Inc. The company had a trading volume of 2,900,647 shares.
While considering growth estimates of the company, it has next quarter growth estimates of 6.3% whereas during current quarter it has 166.7% estimations over growth, comparing to the estimations of 13% during current year and 3.8% for next year.
Office Depot, Inc. has a 12-month low of $3.01 and a 12-month high of $5.70. The $5.27 level represents at least another 4.36% downside for the stock from its current price. American Gru stated it has 1.32 million shares or 0.02% of all its holdings. Office Depot's dividend payout ratio is now 12.05%. The Company's geographic divisions include the United States, Europe and Japan.