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ODP Corporation (NASDAQ: ODP) closed the day trading at $24.06 down -0.74% from the previous closing price of $24.24. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 0.17 million shares were traded. ODP stock price reached its highest trading level at $24.22 during the session, while it also had its lowest trading level at $23.785.
Ratios:
For a better understanding of ODP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on August 23, 2023, initiated with a Outperform rating and assigned the stock a target price of $65.
On June 23, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $60.
On January 28, 2022, Colliers Securities started tracking the stock assigning a Buy rating and target price of $57.Colliers Securities initiated its Buy rating on January 28, 2022, with a $57 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 09 ’24 when Schoppert Wendy Lee bought 3,875 shares for $25.77 per share. The transaction valued at 99,859 led to the insider holds 3,875 shares of the business.
SCAGLIONE DIEGO ANTHONY sold 25,000 shares of ODP for $1,375,000 on Mar 01 ’24. The EVP & Chief Financial Officer now owns 96,104 shares after completing the transaction at $55.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ODP now has a Market Capitalization of 724643904 and an Enterprise Value of 1599980416. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.223 whereas that against EBITDA is 8.0.
Stock Price History:
Over the past 52 weeks, ODP has reached a high of $58.98, while it has fallen to a 52-week low of $23.69. The 50-Day Moving Average of the stock is -13.35%, while the 200-Day Moving Average is calculated to be -34.04%.
Shares Statistics:
Over the past 3-months, ODP traded about 567.15K shares per day on average, while over the past 10 days, ODP traded about 689120 shares per day. A total of 31.20M shares are outstanding, with a floating share count of 28.83M. Insiders hold about 4.29% of the company’s shares, while institutions hold 107.26% stake in the company. Shares short for ODP as of 1732838400 were 3039403 with a Short Ratio of 5.36, compared to 1730332800 on 4107540. Therefore, it implies a Short% of Shares Outstanding of 3039403 and a Short% of Float of 16.0.
