During the last session, ODP Corporation (NASDAQ:ODP)’s traded shares were 0.74 million, with the beta value of the company hitting 1.43. At the end of the trading day, the stock’s price was $16.61, reflecting an intraday gain of 4.20% or $0.67. The 52-week high for the ODP share is $53.56, that puts it down -222.46 from that peak though still a striking 19.08% gain since the share price plummeted to a 52-week low of $13.44. The company’s market capitalization is $495.27M, and the average trade volume was 558.35K shares over the past three months.
ODP Corporation (ODP) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.33. ODP has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.65.
ODP Corporation (NASDAQ:ODP) trade information
ODP Corporation (ODP) registered a 4.20% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.20% in intraday trading to $16.61, hitting a weekly high. The stock’s 5-day price performance is 6.75%, and it has moved by -23.07% in 30 days. Based on these gigs, the overall price performance for the year is -68.45%.
ODP Corporation (ODP) estimates and forecasts
In the rating firms’ projections, revenue will decrease -5.93% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.67B as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 1.59B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.87B and 1.72B respectively. In this case, analysts expect current quarter sales to shrink by -10.87% and then drop by -7.44% in the coming quarter.
While earnings are projected to return -23.13% in 2025, the next five years will return -10.71% per annum.
ODP Dividends
ODP Corporation is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 4.01 million shares, is of VANGUARD GROUP INC’s that is approximately 10.8451% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $157.58 million.
Also, the Mutual Funds coming in first place with the largest holdings of ODP Corporation (ODP) shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that iShares Core S&P Smallcap ETF owns about 1.94 shares. This amounts to just over 6.52 percent of the company’s overall shares, with a $32.3 million market value. The same data shows that the other fund manager holds slightly less at 1.07, or about 3.58% of the stock, which is worth about $17.75 million.
