ODP - Office Depot, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.40
-0.07 (-2.83%)
At close: 4:00PM EDT
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Previous Close2.47
Open2.48
Bid2.39 x 28000
Ask2.49 x 3000
Day's Range2.40 - 2.48
52 Week Range2.00 - 6.26
Volume3,522,606
Avg. Volume5,589,317
Market Cap1.339B
Beta2.57
PE Ratio (TTM)7.16
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.10 (4.55%)
Ex-Dividend Date2018-03-01
1y Target EstN/A
Trade prices are not sourced from all markets
  • Office Depot CEO on e-commerce and future of the business
    Yahoo Finance Video3 days ago

    Office Depot CEO on e-commerce and future of the business

    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.

  • Yahoo Finance Live: The Final Round - May 16th, 2018
    Yahoo Finance Video4 days ago

    Yahoo Finance Live: The Final Round - May 16th, 2018

    Yahoo Finance's LIVE stock market coverage and analysis.

  • InvestorPlace3 days ago

    It’s Time to Grab Office Depot Inc Stock on the Upswing

    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 Stock Jumps 5% on Strategic Initiatives Update
    Market Realist3 days ago

    Office Depot Stock Jumps 5% on Strategic Initiatives Update

    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.

  • Stocks rebound as retail leads the way
    Yahoo Finance4 days ago

    Stocks rebound as retail leads the way

    Wall Street rebounding as an unlikely sector boosts stocks.

  • CNBC5 days ago

    David Einhorn's Greenlight takes on stakes in Office Depot and Abercrombie

    The hedge fund reported holding 2.1 million shares of Office Depot and 212,500 shares of Abercrombie as of the end of the first quarter

  • What Analysts Are Saying about Office Depot after 1Q18
    Market Realist6 days ago

    What Analysts Are Saying about Office Depot after 1Q18

    Are Office Depot’s Troubles Waning? Since the 1Q18 results, several analysts have revised their price targets for Office Depot. Currently, the analysts’ 12-month average target price is $2.71, which reflects a 17.8% upside to the price of the stock on May 10.

  • Office Depot’s Margin and Earnings for 1Q18
    Market Realist6 days ago

    Office Depot’s Margin and Earnings for 1Q18

    Office Depot’s (ODP) gross margin contracted ~160 bps (basis points) to 23.6% since the cost of goods sold increased more than 8%. The company’s operating margin narrowed by 190 bps to 2.7%, primarily due to an ~8% increase in SG&A (selling, general, and administrative) expenses. Its adjusted operating margin contracted 220 bps to 3.3%, marred by the company’s transformative initiatives and lower sales for the Retail division.

  • Office Depot Stock Surged after 1Q18 Results
    Market Realist6 days ago

    Office Depot Stock Surged after 1Q18 Results

    Are Office Depot’s Troubles Waning? Office Depot (ODP) stock rose 6.5% on May 10 after the company reported its 1Q18 results on May 9. It looks like Office Depot’s transition to becoming a business service provider was a smart move.

  • Thomson Reuters StreetEvents9 days ago

    Edited Transcript of ODP earnings conference call or presentation 9-May-18 1:00pm GMT

    Q1 2018 Office Depot Inc Earnings Call

  • Stocks - Wall Street Registers Gains Amid Risk-On Sentiment; Oil Jumps 2%
    Investing.com11 days ago

    Stocks - Wall Street Registers Gains Amid Risk-On Sentiment; Oil Jumps 2%

    Investing.com - Wall Street opened slightly higher on Wednesday as investors priced in company news and signs of inflation easing, while oil jumped in reaction to President Donald Trump’s decision to withdraw from the Iranian nuclear deal and impose sanctions on the country.

  • Office Depot (ODP) Q1 Earnings Meet, Revenues Beat, Guides Up
    Zacks11 days ago

    Office Depot (ODP) Q1 Earnings Meet, Revenues Beat, Guides Up

    Favorable results and strategic initiatives, including strengthening of core businesses and expansion of service and subscription offerings, prompted Office Depot (ODP) to provide an encouraging outlook.

  • Stocks - U.S. Futures Back in Rally Mode, Oil Jumps 2%
    Investing.com11 days ago

    Stocks - U.S. Futures Back in Rally Mode, Oil Jumps 2%

    Investing.com - U.S. futures pointed to a higher open on Wednesday as investors continued to digest President Donald Trump’s decision to withdraw from the Iranian nuclear deal and impose sanctions on the country, while looking ahead to more earnings reports and inflation data.

  • Office Depot’s 1Q18 Results and Outlook Boost Stock 4.2%
    Market Realist11 days ago

    Office Depot’s 1Q18 Results and Outlook Boost Stock 4.2%

    After Office Depot (ODP) announced its 1Q18 results today, its stock had risen 4.2% as of 8:00 AM ET (Eastern Time). The company reported sales of $2.8 billion, beating analysts’ estimate of $2.7 billion and marking a 5.8% rise YoY (year-over-year), driven by strategic initiatives. Office Depot’s adjusted EPS (earnings per share) from continuing operations were $0.08, in line with Wall Street’s estimate but 50% lower YoY.

  • Benzinga11 days ago

    Benzinga Pro's 5 Stocks To Watch Today

    Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Walmart Inc (NYSE: WMT ) stock was trading lower by ...

  • Associated Press11 days ago

    Office Depot: 1Q Earnings Snapshot

    The Boca Raton, Florida-based company said it had profit of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 8 cents per share. The results matched Wall Street expectations. ...

  • Day Ahead: Top 3 Things to Watch
    Investing.com12 days ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow

  • A Look at Bottom-Line Expectations for Office Depot in 1Q18
    Market Realist12 days ago

    A Look at Bottom-Line Expectations for Office Depot in 1Q18

    In 1Q18, analysts expect Office Depot’s (ODP) adjusted EPS (earnings per share) to fall 50% YoY (year-over-year) to $0.08 from $0.16, and its adjusted net income to fall YoY to $43.3 million from $88.0 million. Lower sales (mainly due to store closures) and profitability (due to ongoing investments) could weigh on Office Depot’s bottom line. Its gross margin is expected to contract YoY to 24.9% from 25.2%, and its adjusted operating margin is expected to contract YoY to 3.3% from 5.6%.

  • What Analysts Project for Office Depot’s 1Q18 Sales
    Market Realist13 days ago

    What Analysts Project for Office Depot’s 1Q18 Sales

    Office Depot (ODP) is scheduled to report its 1Q18 results on May 9. Analysts expect the company to report sales of $2.7 billion, marking a 1.7% YoY (year-over-year) rise. In contrast, its sales fell 7% in 1Q17.

  • Where Office Depot Stock Is Heading
    Market Realist13 days ago

    Where Office Depot Stock Is Heading

    As of May 3, Office Depot (ODP) stock had fallen 35.9% YTD (year-to-date). The company is scheduled to report its 1Q18 results on May 9. The stock price movement isn’t likely to change much as analyst projections have been subdued. Though sales are expected to increase 1.7%, its adjusted earnings per share are expected to fall 50% as a result of lower sales (due to store closures) and ongoing investments.

  • Analysts’ Views on Office Depot Stock, Pre-1Q18 Results
    Market Realist13 days ago

    Analysts’ Views on Office Depot Stock, Pre-1Q18 Results

    Ahead of Office Depot’s (ODP) 1Q18 release, set for May 9, most (57%) of the seven analysts covering the stock have recommended “hold,” while 29% recommended “sell” and 14% recommended “buy.”

  • Moody's18 days ago

    Prudential Securities Secured Financing Corporation 1999-C2 -- Moody's Upgrades One and Affirms Two Classes of PSSF 1999-C2

    The rating on the P&I class was upgraded based primarily on an increase in credit support resulting from loan paydowns and amortization. The deal has paid down 23% since Moody's last review. The ratings on the IO classes were affirmed based on the credit quality of the referenced classes.

  • Best Cheap Stocks To Buy This May
    Simply Wall St.18 days ago

    Best Cheap Stocks To Buy This May

    Companies with shares trading at a market price below what they are actually worth, such as Office Depot and FTS International, are deemed undervalued. Investors can benefit from buying theseRead More...

  • April Top Mispriced Dividend Stock
    Simply Wall St.27 days ago

    April Top Mispriced Dividend Stock

    Office Depot and Signet Jewelers are dividend stocks on my list that are potentially undervalued. This means their current share prices are trading well-below what the companies are actually worth.Read More...

  • What Analysts Recommend for Office Depot Stock
    Market Realistlast month

    What Analysts Recommend for Office Depot Stock

    Analysts covering Office Depot (ODP) stock continue to be on the sidelines. Office Depot has been struggling since the shift to digital has wreaked havoc on the demand of paper-based office supplies. Currently, analysts’ 12-month average target price for Office Depot stock is $3.10, which reflects a 50.5% upside to the stock as of April 10, 2018.