ODP Corporation (NASDAQ: ODP) kicked off on Monday, down -4.17% from the previous trading day, before settling in for the closing price of $25.68. Over the past 52 weeks, ODP has traded in a range of $23.69-$58.98.
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A company in the Consumer Cyclical sector has dropped its sales by -6.41% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -42.35%. With a float of $28.98 million, this company’s outstanding shares have now reached $31.20 million.
In an organization with 20000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 107.20%. 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) Latest Financial update
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 0.10. Likewise, its price to free cash flow for the trailing twelve months is 10.26.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.61 million. That was better than the volume of 0.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.10%. Additionally, its Average True Range was 1.10.
During the past 100 days, ODP Corporation’s (ODP) raw stochastic average was set at 4.69%, which indicates a significant decrease from 18.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.06% in the past 14 days, which was lower than the 80.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.90, while its 200-day Moving Average is $38.61. However, in the short run, ODP Corporation’s stock first resistance to watch stands at $25.58. Second resistance stands at $26.54. The third major resistance level sits at $27.47. If the price goes on to break the first support level at $23.69, it is likely to go to the next support level at $22.76. The third support level lies at $21.80 if the price breaches the second support level.
ODP Corporation (NASDAQ: ODP) Key Stats
The company with the Market Capitalisation of 728.45 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 1,780 M and last quarter income was 58,000 K.
