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The closing price of ODP Corporation (NASDAQ: ODP) was $13.19 for the day, down -11.06% from the previous closing price of $14.83. In other words, the price has decreased by -$11.06 from its previous closing price. On the day, 1.14 million shares were traded. ODP stock price reached its highest trading level at $14.36 during the session, while it also had its lowest trading level at $12.77.
Ratios:
Our analysis of ODP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 1.30.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
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 393303360 and an Enterprise Value of 1549289472. As of this moment, ODP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.42, and their Forward P/E ratio for the next fiscal year is 4.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 0.222 whereas that against EBITDA is 5.738.
Stock Price History:
The Beta on a monthly basis for ODP is 1.29, which has changed by -0.74014974 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, ODP has reached a high of $52.69, while it has fallen to a 52-week low of $13.44. The 50-Day Moving Average of the stock is -25.87%, while the 200-Day Moving Average is calculated to be -51.69%.
Shares Statistics:
ODP traded an average of 712.63K shares per day over the past three months and 1584740 shares per day over the past ten days. A total of 29.81M shares are outstanding, with a floating share count of 27.44M. Insiders hold about 7.97% of the company’s shares, while institutions hold 102.07% stake in the company. Shares short for ODP as of 1741910400 were 5265520 with a Short Ratio of 7.39, compared to 1739491200 on 4612820. Therefore, it implies a Short% of Shares Outstanding of 5265520 and a Short% of Float of 28.110000000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The current Payout Ratio is 0.00% for ODP, which recently paid a dividend on 2020-02-28 with an ex-dividend date of 1582848000. Stock splits for the company last occurred on 2020-07-01 when the company split stock in a 1:10 ratio.
