NASDAQ:ODP - Office Depot Stock Price, News, & Analysis

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$2.78 -0.07 (-2.46 %)

(As of 10/18/2018 04:00 AM ET)

Previous Close$2.85

Today's Range$2.76 - $2.86

52-Week Range$2.00 - $3.85

Volume4.63 million shs

Average Volume5.85 million shs

Market Capitalization$1.78 billion

P/E Ratio6.22

Dividend Yield3.53%

Beta2.7

Office Depot, Inc., together with its subsidiaries, provides various products and services. It operates in three divisions: Retail, Business Solutions, and CompuCom. The Retail division operates retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and office furniture in the United States, Puerto Rico, and the U.S. Virgin Islands. Its stores also provide printing, reproduction, mailing, and shipping services. As of December 31, 2017, this division operated 1,378 office supply stores. The Business Solutions division sells office supply products and services through sales forces, catalogs, and telesales, as well as through Internet sites in the United States, Puerto Rico, U.S. Virgin Islands, and Canada. The CompuCom division sells information technology (IT) outsourcing services and products in the United States, Canada, and Costa Rica. It offers a range of solutions, including end user computing (tablets, smartphones, laptops, and desktops), data center management, service desk, network infrastructure, and IT workforce solutions. This division serves its customers through IT service and sales representatives and telesales, as well as Internet sites. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, and Grand & Toy. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous shopping goods stores

Sub-IndustrySpecialty Stores

SectorRetail/Wholesale

SymbolNASDAQ:ODP

CUSIP67622010

Webwww.officedepot.com

Phone561-438-4800

Debt

Debt-to-Equity Ratio0.77

Current Ratio1.38

Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio6.22

Forward P/E Ratio7.94

P/E Growth0.54

Sales & Book Value

Annual Sales$10.24 billion

Price / Sales0.15

Cash Flow$0.6731 per share

Price / Cash4.13

Book Value$4.11 per share

Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)$0.45

Net Income$181 million

Net Margins0.91%

Return on Equity9.20%

Return on Assets3.19%

Miscellaneous

Employees45,000

Outstanding Shares554,450,000

Market Cap$1.78 billion

Office Depot (NASDAQ:ODP) Frequently Asked Questions

What is Office Depot's stock symbol?

Office Depot trades on the NASDAQ under the ticker symbol "ODP."

How often does Office Depot pay dividends? What is the dividend yield for Office Depot?

Office Depot declared a quarterly dividend on Tuesday, August 7th. Stockholders of record on Friday, August 24th will be given a dividend of $0.025 per share on Friday, September 14th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Thursday, August 23rd. View Office Depot's Dividend History.

How were Office Depot's earnings last quarter?

Office Depot Inc (NASDAQ:ODP) posted its quarterly earnings data on Tuesday, August, 7th. The specialty retailer reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01. The specialty retailer had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.61 billion. Office Depot had a net margin of 0.91% and a return on equity of 9.20%. During the same quarter last year, the firm earned $0.06 EPS. View Office Depot's Earnings History.

When is Office Depot's next earnings date?

Office Depot is scheduled to release their next quarterly earnings announcement on Thursday, November 8th 2018. View Earnings Estimates for Office Depot.

What price target have analysts set for ODP?

4 brokerages have issued 1-year price objectives for Office Depot's stock. Their predictions range from $4.00 to $4.00. On average, they expect Office Depot's share price to reach $4.00 in the next year. This suggests a possible upside of 43.9% from the stock's current price. View Analyst Price Targets for Office Depot.

What is the consensus analysts' recommendation for Office Depot?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Depot in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Office Depot.

Who are some of Office Depot's key competitors?

Some companies that are related to Office Depot include Dicks Sporting Goods (DKS), Barnes & Noble (BKS), Hibbett Sports (HIBB), Barnes & Noble Education (BNED), Sportsman's Warehouse (SPWH) and Big 5 Sporting Goods (BGFV).

Who are Office Depot's key executives?

Office Depot's management team includes the folowing people:

Mr. Gerry P. Smith, CEO & Director (Age 55)
Mr. Brian Todd Hale, Exec. VP & Chief Information Officer (Age 45)
Mr. John W. Gannfors, Exec. VP and Chief Merchandising & Supply Chain Officer (Age 52)
Mr. Stephen Robert Calkins, Pres of Bus. Solutions Division (Age 47)
Mr. Joseph T. Lower, Exec. VP & CFO (Age 51)

Who are Office Depot's major shareholders?

Office Depot's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%). Company insiders that own Office Depot stock include Joseph T Lower, Joseph Vassalluzzo, Juliet Johansson, Michael R Allison, Michael Rabinovitch, Nigel Travis and Stephen R Calkins. View Institutional Ownership Trends for Office Depot.

Which institutional investors are buying Office Depot stock?

ODP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Office Depot stock in the last two years include Joseph T Lower, Joseph Vassalluzzo and Nigel Travis. View Insider Buying and Selling for Office Depot.

How do I buy shares of Office Depot?

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

What is Office Depot's stock price today?

One share of ODP stock can currently be purchased for approximately $2.78.

How big of a company is Office Depot?

Office Depot has a market capitalization of $1.78 billion and generates $10.24 billion in revenue each year. The specialty retailer earns $181 million in net income (profit) each year or $0.45 on an earnings per share basis. Office Depot employs 45,000 workers across the globe.

What is Office Depot's official website?

The official website for Office Depot is http://www.officedepot.com.

How can I contact Office Depot?

Office Depot'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]

MarketBeat Community Rating for Office Depot (NASDAQ ODP)

Community Ranking:		1.8 out of 5 ()
Outperform Votes:		264 (Vote Outperform)
Underperform Votes:		476 (Vote Underperform)
Total Votes:		740

MarketBeat's community ratings are surveys of what our community members think about Office Depot and other stocks. Vote "Outperform" if you believe ODP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ODP will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 10/18/2018 by MarketBeat.com Staff

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