Office Stock Analysis

ODP
 Stock
  

USD 36.01  0.50  1.41%   

The recent roll up in Office Depot short term price appreciation may encourage insiders to take a closer look at the company as it is trading at a share price of 36.01 on 323,400 in trading volume. The company directors and management have successfully maneuvered the company at convenient times to take advantage of all market conditions in August. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.43. The current volatility is consistent with the ongoing market swings in August 2022 as well as with Office Depot unsystematic, company-specific events.
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The Office Depot stock analysis report makes it easy to digest most publicly released information about Office Depot and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Office Stock analysis module also helps to analyze the Office Depot price relationship with some important fundamental indicators such as market cap and management efficiency.

Office Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.98. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Office Depot has Price/Earnings To Growth (PEG) ratio of 0.69. The entity recorded a loss per share of 6.05. The firm last dividend was issued on the 28th of February 2020. Office Depot had 3:2 split on the 1st of July 2020. The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people. To find out more about Office Depot contact Roland Smith at 561 438 4800 or learn more at https://investor.theodpcorp.com.

Office Depot Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Office Depot's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Office Depot or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 98.0% of the company shares are owned by institutional investors
Latest headline from microcapdaily.com: GPO Plus Inc Breaking Out Northbound - MicroCap Daily

Office Depot Upcoming and Recent Events

Earnings reports are used by Office Depot to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Office Depot previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report23rd of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Office Depot Thematic Classifications

In addition to having Office Depot stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Aggressive Defence
Small capitalization, high growth potential companies

Office Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 1.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Office Depot's market, we take the total number of its shares issued and multiply it by Office Depot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Office Profitablity

Office Depot's profitability indicators refer to fundamental financial ratios that showcase Office Depot's ability to generate income relative to its revenue or operating costs. If, let's say, Office Depot is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Office Depot's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Office Depot's profitability requires more research than a typical breakdown of Office Depot's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (2.43) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 4.78 %, which entails that for every 100 dollars of revenue, it generated 0.05 of operating income.

Management Efficiency

The entity has Return on Asset of 3.85 % which means that on every $100 spent on asset, it made $3.85 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 10.37 %, implying that it generated $10.37 on every 100 dollars invested. Office Depot management efficiency ratios could be used to measure how well office depot manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 29th of September, Office Depot holds the Risk Adjusted Performance of 0.126, semi deviation of 1.82, and Coefficient Of Variation of 935.27. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Office Depot, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Office Depot, which can be compared to its competitors. Please check Office Depot information ratio, as well as the relationship between the potential upside and kurtosis to decide if Office Depot is priced some-what accurately, providing market reflects its current price of 36.01 per share. Given that Office Depot has jensen alpha of 0.2847, we recommend you to check out Office Depot's recent market performance to make sure the company can sustain itself at a future point.

Office Depot Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Office Depot price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
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Office Depot Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Office Depot insiders, such as employees or executives, is commonly permitted as long as it does not rely on Office Depot's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Office Depot insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Office Depot Predictive Daily Indicators

Office Depot intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Office Depot stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Office Depot Forecast Models

Office Depot time-series forecasting models is one of many Office Depot's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Office Depot's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Office Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Office Depot prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Office shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Office Depot. By using and applying Office Stock analysis, traders can create a robust methodology for identifying Office entry and exit points for their positions.
The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people.

Current Office Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Office analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Office analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
43.0Hold1Odds
Office Depot current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Office analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Office stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Office Depot, talking to its executives and customers, or listening to Office conference calls.
Office Analyst Advice Details

Office Stock Analysis Indicators

Office Depot stock analysis indicators help investors evaluate how Office Depot stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Office Depot shares will generate the highest return on investment. By understating and applying Office Depot stock analysis, traders can identify Office Depot position entry and exit signals to maximize returns.
Quick Ratio0.58
Trailing Annual Dividend Rate0.25
Fifty Two Week Low28.85
Revenue Growth0.20%
Average Daily Volume Last 10 Day624.7k
Shares Short Prior Month4.88M
Average Daily Volume In Three Month442.73k
Earnings Growth15.80%
Shares Percent Shares Out9.20%
Earnings Quarterly Growth3.80%
Gross Margins21.87%
Forward Price Earnings8.32
Short Percent Of Float14.93%
Float Shares43.08M
Fifty Two Week High48.00
Fifty Day Average36.43
Enterprise Value To Ebitda5.29
Two Hundred Day Average39.83
Enterprise Value To Revenue0.25
Trailing Annual Dividend Yield0.71%
Please check Your Equity Center. Note that the Office Depot information on this page should be used as a complementary analysis to other Office Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Office Stock analysis

When running Office Depot price analysis, check to measure Office Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Office Depot is operating at the current time. Most of Office Depot's value examination focuses on studying past and present price action to predict the probability of Office Depot's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Office Depot's price. Additionally, you may evaluate how the addition of Office Depot to your portfolios can decrease your overall portfolio volatility.
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Is Office Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Office Depot. If investors know Office will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Office Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Office Depot is measured differently than its book value, which is the value of Office that is recorded on the company's balance sheet. Investors also form their own opinion of Office Depot's value that differs from its market value or its book value, called intrinsic value, which is Office Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Office Depot's market value can be influenced by many factors that don't directly affect Office Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Office Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Office Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Office Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.