ODP - Office Depot, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.0200
-0.1200 (-5.61%)
At close: 4:00PM EDT
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Previous Close2.1400
Open2.1200
Bid0.0000 x 46000
Ask0.0000 x 41800
Day's Range2.0200 - 2.1350
52 Week Range1.8300 - 3.8200
Volume2,636,712
Avg. Volume5,330,790
Market Cap1.042B
Beta (3Y Monthly)2.13
PE Ratio (TTM)16.16
EPS (TTM)0.1250
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & Yield0.10 (4.67%)
Ex-Dividend Date2019-05-23
1y Target Est2.41
Trade prices are not sourced from all markets
  • Business Wire7 days ago

    Office Depot Launches Programs to Help Teachers, Schools and Students Go ‘Back to School Proud’

    Office Depot, Inc. (ODP) today announced the launch of a number of programs to make it easier for teachers and schools to create classrooms they can be proud of and give their students the best opportunity to succeed this back-to-school season. According to a 2018 survey by the National Center for Education Statistics, 94 percent of public school teachers spend their own money to stock their classrooms with the necessary supplies and resources. For the 2019 back-to-school season, Office Depot is supporting teachers, parents, and schools with programs that celebrate the critical roles they play in the lives of students, to help them unleash their potential and start the new school year feeling confident and proud.

  • Office Depot Launches ‘Back to School Proud’ Campaign to Give Students the Advantage They Need to Succeed With Must-Have Supplies, Tech and Furniture
    Business Wire10 days ago

    Office Depot Launches ‘Back to School Proud’ Campaign to Give Students the Advantage They Need to Succeed With Must-Have Supplies, Tech and Furniture

    Back-to-school shopping has become more than checking off the list of supplies required by the teacher. It’s the best time for parents and students to prepare for the new challenges and opportunities that await them in the school year ahead. Office Depot is offering weekly doorbusters on everyday essentials and up to 80% off its best-selling school supplies.

  • ODP or TSCO: Which Is the Better Value Stock Right Now?
    Zacks16 days ago

    ODP or TSCO: Which Is the Better Value Stock Right Now?

    ODP vs. TSCO: Which Stock Is the Better Value Option?

  • Office Depot opens coworking space in Chanhassen as part of national rollout
    American City Business Journals20 days ago

    Office Depot opens coworking space in Chanhassen as part of national rollout

    Office Depot, Inc. is opening new shared and rentable workspaces as it steps up competition with WeWork and other players in the coworking market.

  • Business Wire21 days ago

    Office Depot Opens Five New Workonomy™ Hub Coworking Spaces

    Over the Last Year, the Company Has Transformed Retail Space in Eight Locations to Include Coworking Hubs to Support the Workforce of Today

  • Why This Stock Can Rise 60%
    Investopedia23 days ago

    Why This Stock Can Rise 60%

    It’s easy to ride the momentum of a bull market, but in volatile times, identifying companies with real intrinsic value becomes increasingly important. Traditionally an office supplies retailer, Office Depot has been hammered by the retail apocalypse, but what investors are missing is the company’s transformation into a technology firm. As of the close of trading on Wednesday, Office Depot is down 53% over the past year and down 40% year to date (YTD), while the S&P 500 is up 10% over the past year and down 3% since the start of 2018.

  • Office Depot appoints new president of CompuCom
    American City Business Journals24 days ago

    Office Depot appoints new president of CompuCom

    Office Depot has banked CompuCom's growth to create value for shareholders as it adds B2B services and shrinks its brick-and-mortar presence.

  • Business Wire24 days ago

    Office Depot, Inc. Announces Mick Slattery as President of CompuCom

    Office Depot, Inc. (ODP), a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, today announced the appointment of Mick Slattery as president of CompuCom, effective immediately. Slattery has nearly 30 years of experience in the technology-enabled business services space, and will report directly to Gerry Smith, chief executive officer.

  • Business Wire29 days ago

    Office Depot, Inc. Releases Sustainability Report Announcing New Sustainability Goals

    Report Summarizes Office Depot, CompuCom and Grand & Toy’s Commitment to Environmental and Social Sustainability

  • Office Depot (ODP) Plunges 40% in 3 Months: Factors to Blame
    Zackslast month

    Office Depot (ODP) Plunges 40% in 3 Months: Factors to Blame

    Office Depot's (ODP) lower-than-expected operating performance at the CompuCom division hurts the top line. However, management is undertaking several initiatives to get back on track.

  • Moody'slast month

    American Foreign Power -- Moody's announces completion of a periodic review of ratings of Office Depot, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Office Depot, Inc. New York, June 14, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Office Depot, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Here is What Hedge Funds Think About Office Depot Inc (ODP)
    Insider Monkeylast month

    Here is What Hedge Funds Think About Office Depot Inc (ODP)

    Insider Monkey has processed numerous 13F filings of hedge funds and successful investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find write-ups about an individual hedge fund's trades on numerous financial news […]

  • Markitlast month

    See what the IHS Markit Score report has to say about Office Depot Inc.

    Office Depot Inc NASDAQ/NGS:ODPView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting 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 | NegativeETF activity is negative and may be weakening. The net inflows of $613 million over the last one-month into ETFs that hold ODP are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. ODP credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.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.

  • Moody'slast month

    Wachovia Bank Commercial Mortgage Trust 2003-C7 -- Moody's upgrades one and affirms one class of WBCMT 2003-C7

    The deal has paid down 37.1% since Moody's last review. The rating on the P&I class, Cl. 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.

  • Office Depot (ODP) Down 4.3% Since Last Earnings Report: Can It Rebound?
    Zackslast month

    Office Depot (ODP) Down 4.3% Since Last Earnings Report: Can It Rebound?

    Office Depot (ODP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Business Wirelast month

    Office Depot to Present at Baird’s 2019 Global Consumer, Technology & Services Conference Wednesday, June 5, 2019

    Office Depot, Inc. , a leading integrated business-to-business distribution platform of business services and supplies, announced today that it will be presenting at Baird’s 2019 Global Consumer, Technology & Services Conference in New York City.

  • Palm Beach County could end incentive deal with Office Depot
    American City Business Journals2 months ago

    Palm Beach County could end incentive deal with Office Depot

    At the request of Office Depot, Palm Beach County could terminate the $100,000-a-year incentive program it has with the office supply retailer. The deal was put in place to incentivize Office Depot Inc. (NASDAQ: ODP) to build and keep its headquarters in Boca Raton. The county and Office Depot have had a similar deal in place since 2009, and while it was set to expire in August 2019, there was a clause built into the economic development agreement that would have automatically re-upped the grant if Office Depot continued to meet the requirements of the deal, which it did.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of ODP earnings conference call or presentation 8-May-19 1:00pm GMT

    Q1 2019 Office Depot Inc Earnings Call

  • This app lets you use bitcoin at Whole Foods, Nordstrom and other retailers
    Yahoo Finance2 months ago

    This app lets you use bitcoin at Whole Foods, Nordstrom and other retailers

    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.

  • Business Wire2 months ago

    Office Depot, Inc. Celebrates Second Annual ‘Depot Day of Service’ Volunteer Initiative

    Associates Across North America United to Make a #depotdifference on Saturday, May 11

  • MarketWatch2 months ago

    Office Depot shares sink as Amazon snaps up market share

    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.

  • Why Office Depot Stock Sank 33.9% in April
    Motley Fool2 months ago

    Why Office Depot Stock Sank 33.9% in April

    The office products retailer warned investors that a weak quarterly report was on the way -- and it was right.

  • Office Depot (ODP) Q1 Earnings Top, Fall Y/Y, View Revised
    Zacks2 months ago

    Office Depot (ODP) Q1 Earnings Top, Fall Y/Y, View Revised

    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.