NASDAQ:ODP

The ODP Stock Forecast, Price & News

$44.93
-2.56 (-5.39 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$44.71
$47.20
50-Day Range
$38.70
$50.07
52-Week Range
$17.86
$51.40
Volume862,985 shs
Average Volume512,349 shs
Market Capitalization$2.46 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.14
30 days | 90 days | 365 days | Advanced Chart
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The ODP logo

About The ODP

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in three divisions: Business Solutions, Retail, and CompuCom. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The Retail division operates a chain of retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and furniture, as well as printing, copying, mailing, and shipping services. As of February 24, 2021, this division operated 1,154 retail stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The CompuCom division offers technology services supporting the distributed technology needs of enterprise organizations in the United States and Canada. It offers a range of solutions, including technology lifecycle management, end user computing and collaboration, service desk, remote technology monitoring and management, and IT workforce solutions. The company offers its products under various brands, including Office Depot, OfficeMax, CompuCom, and Grand&Toy, as well as others. The ODP Corporation was incorporated in 1986 and is based in Boca Raton, Florida.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

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Miscellaneous


MarketRank

Overall MarketRank

1.04 out of 5 stars

Retail/Wholesale Sector

213th out of 402 stocks

Miscellaneous Shopping Goods Stores Industry

7th out of 10 stocks

Analyst Opinion: 1.0Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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The ODP (NASDAQ:ODP) Frequently Asked Questions

Is The ODP a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The ODP in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" The ODP stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ODP, but not buy additional shares or sell existing shares.
View analyst ratings for The ODP
or view top-rated stocks.

What stocks does MarketBeat like better than The ODP?

Wall Street analysts have given The ODP a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The ODP wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is The ODP's next earnings date?

The ODP is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for The ODP
.

How were The ODP's earnings last quarter?

The ODP Co. (NASDAQ:ODP) announced its quarterly earnings data on Wednesday, May, 5th. The specialty retailer reported $1.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.02 by $0.19. The specialty retailer earned $2.37 billion during the quarter, compared to analyst estimates of $2.41 billion. The ODP had a positive trailing twelve-month return on equity of 10.39% and a negative net margin of 3.33%. The firm's revenue was down 13.2% on a year-over-year basis. During the same quarter last year, the company earned $0.12 earnings per share.
View The ODP's earnings history
.

How has The ODP's stock price been impacted by Coronavirus?

The ODP's stock was trading at $19.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ODP stock has increased by 131.6% and is now trading at $44.93.
View which stocks have been most impacted by COVID-19
.

When did The ODP's stock split? How did The ODP's stock split work?

The ODP's stock reverse split on the morning of Wednesday, July 1st 2020. The 1-10 reverse split was announced on Friday, June 26th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 30th 2020. An investor that had 100 shares of The ODP stock prior to the reverse split would have 10 shares after the split.

How will The ODP's stock buyback program work?

The ODP announced that its board has authorized a stock buyback plan on Wednesday, May 5th 2021, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 13% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

What price target have analysts set for ODP?

2 brokerages have issued 1 year price targets for The ODP's shares. Their forecasts range from $40.00 to $43.00. On average, they expect The ODP's share price to reach $41.50 in the next twelve months. This suggests that the stock has a possible downside of 7.6%.
View analysts' price targets for The ODP
or view top-rated stocks among Wall Street analysts.

Who are The ODP's key executives?

The ODP's management team includes the following people:
  • Mr. Gerry P. Smith, CEO & Director (Age 58, Pay $2.36M)
  • Mr. Diego Anthony Scaglione, Exec. VP & CFO (Age 49, Pay $1.11M)
  • Mr. Terry Leeper, Exec. VP & CTO (Age 56, Pay $867.45k)
  • Mr. N. David Bleisch, Exec. VP & Chief Legal & Admin. Officer (Age 62, Pay $1.17M)
  • Mr. John W. Gannfors, Exec. VP and Chief Merchandising & Supply Chain Officer (Age 55, Pay $1.01M)
  • Mr. Richard A. Haas Jr., Sr. VP & Chief Accounting Officer
  • Mr. Brian Todd Hale, Exec. VP & Chief Information Officer (Age 48)
  • Mr. Timothy J. Perrott, VP of Investor Relations
  • Mr. Kevin Moffitt, Exec. VP & Chief Retail Officer (Age 47)
  • Mr. Udo Gerhard Heskamp, Group Chief Financial Officer (Age 60)

What is Gerry Smith's approval rating as The ODP's CEO?

720 employees have rated The ODP CEO Gerry Smith on Glassdoor.com. Gerry Smith has an approval rating of 37% among The ODP's employees. This puts Gerry Smith in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of The ODP's key competitors?

What other stocks do shareholders of The ODP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The ODP investors own include Bank of America (BAC), AT&T (T), Ford Motor (F), General Electric (GE), Intel (INTC), Tengasco (TGC), (WRESQ) (WRESQ), Verizon Communications (VZ), The Walt Disney (DIS) and Micron Technology (MU).

What is The ODP's stock symbol?

The ODP trades on the NASDAQ under the ticker symbol "ODP."

Who are The ODP's major shareholders?

The ODP's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.18%), Dimensional Fund Advisors LP (6.40%), LSV Asset Management (4.04%), Canyon Capital Advisors LLC (2.61%), Morgan Stanley (1.63%) and Geode Capital Management LLC (1.62%). Company insiders that own The ODP stock include Kevin Moffitt, N David Bleisch, Richard A Haas Jr and Stephen M Mohan.
View institutional ownership trends for The ODP
.

Which major investors are selling The ODP stock?

ODP stock was sold by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Northern Trust Corp, Victory Capital Management Inc., Diameter Capital Partners LP, LSV Asset Management, Dimensional Fund Advisors LP, Schroder Investment Management Group, and JPMorgan Chase & Co.. Company insiders that have sold The ODP company stock in the last year include Kevin Moffitt, N David Bleisch, Richard A Haas Jr, and Stephen M Mohan.
View insider buying and selling activity for The ODP
or view top insider-selling stocks.

Which major investors are buying The ODP stock?

ODP stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Clearline Capital LP, Renaissance Technologies LLC, MIK Capital LP, Geode Capital Management LLC, Greenlight Capital Inc., and Pacer Advisors Inc..
View insider buying and selling activity for The ODP
or or view top insider-buying stocks.

How do I buy shares of The ODP?

Shares of ODP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The ODP's stock price today?

One share of ODP stock can currently be purchased for approximately $44.93.

How much money does The ODP make?

The ODP has a market capitalization of $2.46 billion and generates $9.71 billion in revenue each year. The specialty retailer earns $-319,000,000.00 in net income (profit) each year or $3.50 on an earnings per share basis.

How many employees does The ODP have?

The ODP employs 37,000 workers across the globe.

What is The ODP's official website?

The official website for The ODP is www.officedepot.com.

Where are The ODP's headquarters?

The ODP is headquartered at 6600 NORTH MILITARY TRAIL, BOCA RATON FL, 33496.

How can I contact The ODP?

The ODP's mailing address is 6600 NORTH MILITARY TRAIL, BOCA RATON FL, 33496. The specialty retailer can be reached via phone at 561-438-4800 or via email at [email protected]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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