Ratios Reveal: Breaking Down ODP Corporation (ODP)’s Financial Health

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ODP Corporation (NASDAQ: ODP) closed the day trading at $41.76 up 2.45% from the previous closing price of $40.76. In other words, the price has increased by $2.45 from its previous closing price. On the day, 0.63 million shares were traded. ODP stock price reached its highest trading level at $42.99 during the session, while it also had its lowest trading level at $40.88.

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 5.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.85.

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 Mar 01 ’24 when SCAGLIONE DIEGO ANTHONY sold 25,000 shares for $55.00 per share. The transaction valued at 1,375,000 led to the insider holds 96,104 shares of the business.

MOFFITT KEVIN sold 12,070 shares of ODP for $611,382 on Dec 15 ’23. The EVP, President of Office Depot now owns 56,641 shares after completing the transaction at $50.65 per share. On Dec 14 ’23, another insider, MOFFITT KEVIN, who serves as the EVP, President of Office Depot of the company, sold 1,930 shares for $50.10 each. As a result, the insider received 96,699 and left with 68,711 shares of the company.

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 1498971008 and an Enterprise Value of 2132970752. As of this moment, ODP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.16, and their Forward P/E ratio for the next fiscal year is 5.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 0.281 whereas that against EBITDA is 6.858.

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 $39.36. The 50-Day Moving Average of the stock is -17.86%, while the 200-Day Moving Average is calculated to be -15.66%.

Shares Statistics:

Over the past 3-months, ODP traded about 379.57K shares per day on average, while over the past 10 days, ODP traded about 488370 shares per day. A total of 36.96M shares are outstanding, with a floating share count of 34.66M. Insiders hold about 3.43% of the company’s shares, while institutions hold 106.40% stake in the company. Shares short for ODP as of 1714435200 were 3421477 with a Short Ratio of 9.01, compared to 1711584000 on 3331201. Therefore, it implies a Short% of Shares Outstanding of 3421477 and a Short% of Float of 13.61.

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