|Bid||1.9000 x 46000|
|Ask||2.0000 x 43500|
|Day's Range||1.9300 - 2.0200|
|52 Week Range||1.9200 - 3.8200|
|Beta (3Y Monthly)||2.17|
|PE Ratio (TTM)||16.00|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||0.10 (2.75%)|
|1y Target Est||2.52|
Office Depot Inc NASDAQ/NGS:ODPView full report here! Summary * Perception of the company's creditworthiness is positive but weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for ODP with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $3.38 billion over the last one-month into ETFs that hold ODP are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a weakening bias over the past 1-month. Although ODP credit default swap spreads are rising, indicating some deterioration in the market's perception of the company's credit worthiness, they are among the lowest levels seen during the last one year.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Payment network Flexa has an app called Spedn that lets you use cryptocurrency to shop at stores. Flexa co-founder and CEO Tyler Spalding talked to Yahoo Finance’s On the Move about the app.
Office Depot Inc. shares sank 7.7% in Thursday trading after the office supply retailer reported a profit and sales decline, raising concerns that Amazon.com Inc. is snapping up market share. On Wednesday, Office Depot reported net income of $8 million, or a penny per share, down from $41 million, or 7 cents per share last year. Adjusted EPS of 7 cents beat the 6-cent FactSet consensus. Sales of $2.77 billion fell from $2.83 billion but beat the FactSet estimate for $2.76 billion. Office Depot said its CompuCom business, which offers technology for digital workspaces, fell short. The company also saw production costs for paper and paper-related products rise. Office Depot was upgraded to hold from strong sell based on valuation at CFRA, but analyst Camilla Yanushevksy expressed concern about the competition. "We see Amazon's push into one-day shipping luring Office Depot's existing business-to-business customers to Amazon Business Prime and note reputation risks from FTC allegations that Office Depot tricked consumers into buying computer repair services." CFRA maintained its $2 price target. According to an FTC press release, Office Depot has agreed to pay $25 million as part of the settlement, while a California-based tech support software company is paying $10 million. The FTC will use the money to refund customers. Office Depot stock has tumbled 34% for the last three months while the S&P 500 index has gained 6% for the period.
Office Depot's (ODP) first quarter sales and earnings fell year over year. Dismal performance at the CompuCom division have a direct bearing on its total sales and operating income.
Office Depot plans to close three stores in South Florida as the retailer reported a decline in first quarter sales. As part of a round of 50 store closures previously announced by the Boca Raton-based company (NYSE: ODP), the stores at 3245 State Road 7 in Lauderdale Lakes, 650 N. University Drive in Pembroke Pines and 20455 State Road 7 in Boca Raton will close on May 18. The Boca Raton location is an OfficeMax.
Office Depot (ODP) delivered earnings and revenue surprises of 16.67% and 0.23%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Boca Raton, Florida-based company said it had net income of 1 cent. Earnings, adjusted for restructuring costs, came to 7 cents per share. The results exceeded Wall Street expectations. ...
Office Depot, Inc. (ODP), a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, today announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. Office Depot, Inc. (ODP) is a leading B2B integrated distribution company providing business services and supplies, products and technology solutions through its fully integrated omni-channel platform of approximately 1,350 stores, online presence, and dedicated sales professionals and technicians to small, medium and enterprise businesses. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, the company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business.
Office Depot (NASDAQ: ODP ) announces its next round of earnings this Wednesday, May 8. Here is Benzinga's everything-that-matters guide for the earnings announcement. Earnings and Revenue Office Depot ...
Office Depot, Inc. , a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, today announced the appointment of Stephen M.
Office Depot (ODP) added that the segment's muted performance will have a direct bearing on total revenues and operating income during the first quarter of 2019.
Portland, ME, based Investment company Aristotle Fund Lp buys SINA Corp, Simon Property Group Inc, sells Office Depot Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment ...
The Boca Raton-based company has found a new chief accounting officer after the previous executive in the role stepped down for "personal reasons."
Office Depot, Inc. , a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, today announced the appointment of Richard Haas as Senior Vice President and Chief Accounting Officer, effective June 14, 2019.
During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]
Office Depot (ODP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Office Depot, Inc. , a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, will announce first quarter 2019 results before market open on Wednesday, May 8, 2019.
His departure follows the announcement of an anticipated $15 million operating loss from the company's newest division.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how Office Depot, Inc.'s (NASDAQ:ODP) P/E ratio could help you assess the value...