ODP Corporation (ODP)’s latest performance is not what we had anticipated

ODP Corporation (NASDAQ: ODP) kicked off on Monday, down -3.94% from the previous trading day, before settling in for the closing price of $27.95. Over the past 52 weeks, ODP has traded in a range of $23.69-$58.98.

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Annual sales at Consumer Cyclical sector company slipped by -6.41% over the past five years. While this was happening, its average annual earnings per share was recorded -42.35%. With a float of $32.31 million, this company’s outstanding shares have now reached $36.96 million.

Let’s look at the performance matrix of the company that is accounted for 20000 employees. In terms of profitability, gross margin is 21.08%, operating margin of 3.19%, and the pretax margin is 1.07%.

ODP Corporation (ODP) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of ODP Corporation is 3.79%, while institutional ownership is 97.62%. The most recent insider transaction that took place on Aug 09 ’24, was worth 99,859. In this transaction Director of this company bought 3,875 shares at a rate of $25.77, taking the stock ownership to the 3,875 shares. Before that another transaction happened on Mar 01 ’24, when Company’s EVP & Chief Financial Officer sold 25,000 for $55.00, making the entire transaction worth $1,375,000. This insider now owns 96,104 shares in total.

ODP Corporation (ODP) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -42.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 12.66% growth over the previous five years of trading.

ODP Corporation (NASDAQ: ODP) Trading Performance Indicators

Take a look at ODP Corporation’s (ODP) current performance indicators. Last quarter, stock had a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11. Likewise, its price to free cash flow for the trailing twelve months is 11.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.80, a number that is poised to hit 0.80 in the next quarter and is forecasted to reach 3.90 in one year’s time.

Technical Analysis of ODP Corporation (ODP)

ODP Corporation (NASDAQ: ODP) saw its 5-day average volume 0.91 million, a positive change from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 25.89%. Additionally, its Average True Range was 1.12.

During the past 100 days, ODP Corporation’s (ODP) raw stochastic average was set at 16.10%, which indicates a significant increase from 15.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.46% in the past 14 days, which was lower than the 79.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.75, while its 200-day Moving Average is $40.48. Nevertheless, the first resistance level for the watch stands at $27.78 in the near term. At $28.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.20. If the price goes on to break the first support level at $26.35, it is likely to go to the next support level at $25.85. Assuming the price breaks the second support level, the third support level stands at $24.92.

ODP Corporation (NASDAQ: ODP) Key Stats

The company with the Market Capitalisation of 815.09 million has total of 30,118K Shares Outstanding. Its annual sales at the moment are 7,831 M in contrast with the sum of 139,000 K annual income. Company’s last quarter sales were recorded 1,717 M and last quarter income was -73,000 K.