A share price of ODP Corporation [ODP] is currently trading at $13.07, down -6.98%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ODP shares have lost -0.91% over the last week, with a monthly amount drifted -18.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ODP Corporation [NASDAQ: ODP] stock has seen the most recent analyst activity on August 23, 2023, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $65. Previously, B. Riley Securities started tracking the stock with Buy rating on June 23, 2023, and set its price target to $60. On January 28, 2022, Colliers Securities initiated with a Buy rating and assigned a price target of $57 on the stock. UBS upgraded its rating to a Neutral and increased its price target to $43 on February 25, 2021. JP Morgan upgraded its rating to a Neutral but $40 remained the price target by the analyst firm on January 12, 2021. BofA/Merrill reiterated a Underperform rating for this stock on August 20, 2019, and downed its price target to $1.20. In a note dated May 09, 2019, BofA/Merrill downgraded an Underperform rating on this stock.
ODP Corporation experienced fluctuations in its stock price throughout the past year between $11.85 and $52.69. ODP Corporation [NASDAQ: ODP] shares were valued at $13.07 at the most recent close of the market.
Analyzing the ODP fundamentals
Trailing Twelve Months sales for ODP Corporation [NASDAQ:ODP] were 6.99B which represents -10.08% decline. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.98.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.49 points at the first support level, and at 11.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.80, and for the 2nd resistance point, it is at 14.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ODP Corporation [NASDAQ:ODP] is 0.93. As well, the Quick Ratio is 0.43, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.06, the price to book ratio is 0.48 and price to earnings (TTM) ratio is 27.17.
Transactions by insiders
Recent insider trading involved Schoppert Wendy Lee, Director, that happened on Aug 09 ’24 when 3875.0 shares were purchased.
