ODP Corporation (NASDAQ: ODP) on Friday, soared 1.72% from the previous trading day, before settling in for the closing price of $24.36. Within the past 52 weeks, ODP’s price has moved between $21.52 and $58.13.
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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -7.18%. The company achieved an average annual earnings per share of -42.35%. With a float of $28.83 million, this company’s outstanding shares have now reached $31.20 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of ODP Corporation is 4.29%, while institutional ownership is 107.31%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.
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
ODP Corporation (ODP) is currently performing well based on its current performance indicators. A quick ratio of 0.47 was reported for the most recent quarter. 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 10.51.
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)
Looking closely at ODP Corporation (NASDAQ: ODP), its last 5-days average volume was 0.34 million, which is a drop from its year-to-date volume of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 88.42%. Additionally, its Average True Range was 1.13.
During the past 100 days, ODP Corporation’s (ODP) raw stochastic average was set at 30.51%, which indicates a significant decrease from 92.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.45% in the past 14 days, which was higher than the 43.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.40, while its 200-day Moving Average is $34.35. However, in the short run, ODP Corporation’s stock first resistance to watch stands at $25.13. Second resistance stands at $25.47. The third major resistance level sits at $25.98. If the price goes on to break the first support level at $24.28, it is likely to go to the next support level at $23.77. Should the price break the second support level, the third support level stands at $23.43.
ODP Corporation (NASDAQ: ODP) Key Stats
Market capitalization of the company is 746.33 million based on 30,118K outstanding shares. Right now, sales total 7,831 M and income totals 139,000 K. The company made 1,780 M in profit during its latest quarter, and 58,000 K in sales during its previous quarter.
