ODP Stock Today
| ODP Stock | USD 45.22 0.87 1.89% |
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ODP Corp is selling at 45.22 as of the 22nd of September 2023; that is -1.89 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 45.22. ODP Corp has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ODP Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2023 and ending today, the 22nd of September 2023. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 26th of March 1990 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 38.05 M outstanding shares of which 5.76 M shares are now shorted by investors with about 17.82 days to cover. More on ODP Corp
Moving together with ODP Stock
| + | 0.61 | W | Wayfair | Fiscal Quarter End 30th of September 2023 | PairCorr |
Moving against ODP Stock
| - | 0.5 | YJ | Yunji Inc | Fiscal Quarter End 30th of September 2023 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Fiscal Quarter End 30th of September 2023
ODP Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ODP Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ODP Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Gerry Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Aggressive Defence (view all) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering ODP Corp report their recommendations after researching ODP Corp's financial statements, talking to executives and customers, or listening in on ODP Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ODP Corp. The ODP consensus assessment is calculated by taking the average forecast from all of the analysts covering ODP Corp. Strong Buy2 Opinions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Piotroski F Score Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of ODP Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of ODP Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks. HealthyDetails
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| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ODP Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong BuyUndervalued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength ODP Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ODP Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ODP Corp's financial leverage. It provides some insight into what part of ODP Corp's total assets is financed by creditors.
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ODP Corp (ODP) is traded on NASDAQ Exchange in USA. It is located in 6600 North Military Trail, Boca Raton, FL, United States, 33496 and employs 25,000 people. ODP Corp is listed under Other Specialty Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ODP Corp's market, we take the total number of its shares issued and multiply it by ODP Corp'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 those looking for more risk prefer small-cap and mid-cap equities. ODP Corp runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 38.05 M outstanding shares of which 5.76 M shares are now shorted by investors with about 17.82 days to cover.
ODP Corp has about 417 M in cash with 237 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.57.
Check ODP Corp Probability Of Bankruptcy
OwnershipODP Corp has a total of 38.05 Million outstanding shares. The majority of ODP Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in ODP Corp to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in ODP Corp. Please pay attention to any change in the institutional holdings of ODP Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Ownership Allocation
Check ODP Ownership DetailsODP Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of ODP Corp jumping above the current price in 90 days from now is about 91.53%. The ODP Corp probability density function shows the probability of ODP Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ODP Corp has a beta of 0.8219. This indicates as returns on the market go up, ODP Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ODP Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1432, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ODP Corp to move above the current price in 90 days from now is about 91.53 (This ODP Corp probability density function shows the probability of ODP Stock to fall within a particular range of prices over 90 days) .
ODP Corp Historical Income Statement
ODP Corp Income Statement is one of the three primary financial statements used for reporting ODP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ODP Corp revenue and expense. ODP Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
ODP Corp Net Income Common Stock is relatively stable at the moment as compared to the past year. ODP Corp reported last year Net Income Common Stock of 190.9 Million. As of 09/22/2023, Net Loss Income from Discontinued Operations is likely to grow to about 14.2 M, while Operating Income is likely to drop slightly above 227.3 M. View More FundamentalsODP Stock Against Markets
Picking the right benchmark for ODP Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ODP Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ODP Corp is critical whether you are bullish or bearish towards ODP Corp at a given time. Please also check how ODP Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ODP Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ODP Corp Corporate Directors
ODP Corp corporate directors refer to members of an ODP Corp board of directors. The board of directors generally takes responsibility for the ODP Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ODP Corp's board members must vote for the resolution. The ODP Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kristin Campbell | Independent Director | Profile | |
| David Szymanski | Director | Profile | |
| James Marino | Director | Profile | |
| Rakesh Gangwal | Director | Profile |
How to buy ODP Stock?
Before investing in ODP Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ODP Corp. To buy ODP Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ODP Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ODP Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ODP Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ODP Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ODP Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ODP Stock please use our How to Invest in ODP Corp guide.
Already Invested in ODP Corp?
The danger of trading ODP Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ODP Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ODP Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ODP Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide. Note that the ODP Corp information on this page should be used as a complementary analysis to other ODP Corp'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 the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for ODP Stock analysis
When running ODP Corp's price analysis, check to measure ODP Corp'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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.
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Is ODP Corp'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 ODP Corp. If investors know ODP 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 ODP Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.642 | Earnings Share 4.66 | Revenue Per Share 190.69 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0384 |
The market value of ODP Corp is measured differently than its book value, which is the value of ODP that is recorded on the company's balance sheet. Investors also form their own opinion of ODP Corp's value that differs from its market value or its book value, called intrinsic value, which is ODP Corp'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 ODP Corp's market value can be influenced by many factors that don't directly affect ODP Corp'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 ODP Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODP Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODP Corp'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.