ODP Corporation (ODP) posted a -23.54% change over the last five days signaling a new trend

On Monday, ODP Corporation (NASDAQ: ODP) was -7.33% drop from the session before settling in for the closing price of $15.56. A 52-week range for ODP has been $13.44 – $58.13.

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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -9.66%. When this article was written, the company’s average yearly earnings per share was at -5.55%. With a float of $27.76 million, this company’s outstanding shares have now reached $29.81 million.

Let’s determine the extent of company efficiency that accounts for 20000 employees. In terms of profitability, gross margin is 20.7%, operating margin of 2.95%, and the pretax margin is 1.77%.

ODP Corporation (ODP) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward ODP Corporation stocks. The insider ownership of ODP Corporation is 6.89%, while institutional ownership is 101.87%. 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.

ODP Corporation (ODP) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -5.55% per share during the next fiscal year.

ODP Corporation (NASDAQ: ODP) Trading Performance Indicators

You can see what ODP Corporation (ODP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06. Likewise, its price to free cash flow for the trailing twelve months is 13.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 2.59 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 1.21 million, which is a jump from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 23.50%. Additionally, its Average True Range was 1.29.

During the past 100 days, ODP Corporation’s (ODP) raw stochastic average was set at 5.22%, which indicates a significant decrease from 12.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.54% in the past 14 days, which was higher than the 61.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.71, while its 200-day Moving Average is $30.07. However, in the short run, ODP Corporation’s stock first resistance to watch stands at $15.53. Second resistance stands at $16.64. The third major resistance level sits at $17.35. If the price goes on to break the first support level at $13.71, it is likely to go to the next support level at $13.00. Now, if the price goes above the second support level, the third support stands at $11.89.

ODP Corporation (NASDAQ: ODP) Key Stats

There are 29,817K outstanding shares of the company, which has a market capitalization of 429.97 million. As of now, sales total 7,831 M while income totals 139,000 K. Its latest quarter income was 1,780 M while its last quarter net income were 58,000 K.