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The price of ODP Corporation (NASDAQ: ODP) closed at $14.65 in the last session, up 1.67% from day before closing price of $14.41. In other words, the price has increased by $1.67 from its previous closing price. On the day, 1.31 million shares were traded. ODP stock price reached its highest trading level at $14.67 during the session, while it also had its lowest trading level at $14.05.
Ratios:
We take a closer look at ODP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.65. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 436838080 and an Enterprise Value of 1592822656. As of this moment, ODP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.45, and their Forward P/E ratio for the next fiscal year is 5.46. 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 0.54. Its current Enterprise Value per Revenue stands at 0.228 whereas that against EBITDA is 5.899.
Stock Price History:
The Beta on a monthly basis for ODP is 1.46, which has changed by -0.7204732 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, ODP has reached a high of $53.56, while it has fallen to a 52-week low of $13.44. The 50-Day Moving Average of the stock is -23.61%, while the 200-Day Moving Average is calculated to be -47.96%.
Shares Statistics:
According to the various share statistics, ODP traded on average about 571.11K shares per day over the past 3-months and 739950 shares per day over the past 10 days. A total of 29.81M shares are outstanding, with a floating share count of 27.43M. Insiders hold about 8.02% of the company’s shares, while institutions hold 102.09% stake in the company. Shares short for ODP as of 1740700800 were 4986949 with a Short Ratio of 8.73, compared to 1738281600 on 4321731. Therefore, it implies a Short% of Shares Outstanding of 4986949 and a Short% of Float of 26.680002.
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.
Earnings Estimates
At present, 3.0 analysts are actively evaluating the performance of ODP Corporation (ODP) in the stock market.The consensus estimate for the next quarter is $0.33, with high estimates of $0.46 and low estimates of $0.23.
Analysts are recommending an EPS of between $2.58 and $2.5 for the fiscal current year, implying an average EPS of $2.54. EPS for the following year is $2.68, with 3.0 analysts recommending between $2.98 and $2.2.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $1.67B. It ranges from a high estimate of $1.7B to a low estimate of $1.62B. As of the current estimate, ODP Corporation’s year-ago sales were $1.87BFor the next quarter, 3 analysts are estimating revenue of $1.59B. There is a high estimate of $1.61B for the next quarter, whereas the lowest estimate is $1.57B.
A total of 3 analysts have provided revenue estimates for ODP’s current fiscal year. The highest revenue estimate was $6.6B, while the lowest revenue estimate was $6.55B, resulting in an average revenue estimate of $6.58B. In the same quarter a year ago, actual revenue was $6.99BBased on 3 analysts’ estimates, the company’s revenue will be $6.56B in the next fiscal year. The high estimate is $6.65B and the low estimate is $6.4B.
