|Bid||2.80 x 40000|
|Ask||2.80 x 21500|
|Day's Range||2.78 - 2.92|
|52 Week Range||2.00 - 6.26|
|PE Ratio (TTM)||14.56|
|Earnings Date||Aug 7, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||0.10 (3.36%)|
|1y Target Est||2.91|
Office Depot shares soaring on Wednesdady as the company unveiled new details on its strategic transformation at an investor day in New York PLUS news that David Einhorn's Greenlight Capital took a sizable stake in the retailer helped shares. CEO of Office Depot, Gerry Smith, is here to talk to us about the future for the company.
Let's see if Office Depot, Inc. (ODP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
CompuCom®, a subsidiary of Office Depot, Inc. and leading provider of managed digital workplace services, today announced it has achieved International Organization for Standardization 20000 recertification, the international standard for IT Service Management .
Why Is Office Depot Stock on an Uptrend? For the second quarter, Wall Street analysts expect Office Depot (ODP) to report an adjusted EPS of $0.03—compared to $0.06 reported in the second quarter of fiscal 2017. The cost of goods sold is expected to increase 11.2%.
Wall Street analysts expect Office Depot’s (ODP) sales to grow 9.1% to $2.6 billion in the second quarter. The expectation reflects an impressive improvement from a sales decline of 9% in the second quarter of fiscal 2017. Apart from the services business picking up momentum, the company’s subscription-based model is also gaining traction. Office Depot has over 245,000 subscriptions.
Why Is Office Depot Stock on an Uptrend? Analysts covering Office Depot (ODP) stock continue to be on the sidelines despite the company’s strategic endeavors, which include the transition to becoming a B2B (business-to-business) services provider. There hasn’t been price revision activity in the last 30 days.
Stock Research Monitor: ETSY, GPC, and JMEI LONDON, UK / ACCESSWIRE / June 14, 2018/ If you want a free Stock Review on ODP sign up now at www.wallstequities.com/registration . Ahead of today's trading ...
– CompuCom Systems, Inc. , a division of Office Depot, Inc. , is a leading provider of managed digital workplace services that today launched its next-generation retail loss prevention solution, CompuCom Point-of-Purchase Digital Vending.
NEW YORK, NY / ACCESSWIRE / June 11, 2018 / It was insider buying in the last ten days that sent shares of Office Depot higher. Shares of DocuSign also got a life after releasing impressive first quarter results last week which marked the first public quarterly report for the company. DocuSign made its market debut back in April.
NEW YORK, NY / ACCESSWIRE / June 6, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Office Depot, Inc. (ODP), a provider of business services and supplies, products and technology solutions through its fully integrated omni-channel platform of approximately 1,400 stores and an online presence. Vikas Agrawal, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates.
Finally, on Monday, a new filing revealed that director Joseph Vassalluzzo had purchased 58,800 shares of stock at $2.55 per share. Office Depot stock has taken off since the first filing, jumping 13.9 percent in a week.
Two years ago, the Federal Trade Commission appeared to deal the company a knockout blow. The country’s largest office supply chains, Staples and Office Depot, had intended to merge. ODP stock plunged following the decision.
Office Depot, Inc. , a leading omni-channel provider of business services and supplies, products and technology solutions, today announced that it will be presenting at Baird’s 2018 Global Consumer, Technology & Services Conference in New York City.
Office Depot, Inc. , a leading omnichannel provider of business services and supplies, products and technology solutions, today announced the release of the company’s tenth edition of its Diverse Supplier Catalog.
NEW YORK , May 25, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: S&P MidCap 400 constituent ABIOMED Inc. (NASD: ABMD) will ...
The ratings on the P&I classes, Classes F and G, were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The rating on the P&I class, Class H, was affirmed because the rating is consistent with Moody's realized losses. Moody's rating action reflects a base expected loss of 0% of the current pooled balance, the same as at Moody's last review.
Last quarter, billionaire David Einhorn took on eight new positions and increased the size of two prior stakes, according to a report by Street Insider. The news became available to the public as a result of the 13F filing submitted to the SEC by Einhorn's Greenlight Capital. Greenlight, along with all other hedge funds and institutional investors managing at least $100 million in assets, was required to submit filings within 45 days of the end of the first quarter of the year.
David Einhorn’s Greenlight Capital added 2.1 million shares of Office Depot Inc (NASDAQ:ODP) and 212,500 shares of Abercrombie & Fitch Co. (NYSE:ANF) in the first quarter while also jettisoning some well-known names. With retail seemingly in a better place these days, does either Office Depot stock or ANF stock make sense in your portfolio? Office Depot stock is down 33% year to date through May 15.
Office Depot expects revenue from services to reach 20% of total sales by 2020. The company also introduced “workonomy,” the company’s plan for offering integrated business services to enterprise customers as well as SMB (small and medium-size business) customers. More importantly, Office Depot added that “workonomy” will help SMBs to create support based on their business requirements. Office Depot stock surged 5.1% on May 16.