In the last trading session, 1.31 million shares of the ODP Corporation (NASDAQ:ODP) were traded, and its beta was 1.46. Most recently the company’s share price was $14.65, and it changed around $0.24 or 1.67% from the last close, which brings the market valuation of the company to $436.84M. ODP currently trades at a discount to its 52-week high of $53.56, offering almost -265.6% off that amount. The share price’s 52-week low was $13.44, which indicates that the current value has risen by an impressive 8.26% since then. We note from ODP Corporation’s average daily trading volume that its 10-day average is 0.74 million shares, with the 3-month average coming to 571.11K.
ODP Corporation stock received a consensus recommendation rating of Buy, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended ODP as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. ODP Corporation is expected to report earnings per share of 0.65 for the current quarter.
ODP Corporation (NASDAQ:ODP) trade information
Instantly ODP has showed a green trend with a performance of 1.67% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 15.68 on recent trading dayincreased the stock’s daily price by 6.57%. The company’s shares are currently down -35.58% year-to-date, but still down -3.55% over the last five days. On the other hand, ODP Corporation (NASDAQ:ODP) is -22.32% down in the 30-day period. We can see from the shorts that 4.99 million shares have been sold at a short interest cover period of 8.99 day(s).
ODP Corporation (ODP) estimates and forecasts
The year-over-year growth rate is expected to be -5.93%, down from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 1.67B in revenue for the current quarter. 3 analysts expect ODP Corporation to make 1.59B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.87B and 1.72B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -10.87%. Forecasts for the next quarter put sales growth at -7.44%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.27%. ODP Corporation earnings are expected to increase by -23.13% in 2025, but the outlook is negative -10.71% per year for the next five years.
ODP Dividends
ODP Corporation’s next quarterly earnings report is expected to be released on 2025-Feb-25.
ODP Corporation (NASDAQ:ODP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.73% of ODP Corporation shares, and 108.54% of them are in the hands of institutional investors. The stock currently has a share float of 115.14%. ODP Corporation stock is held by 286.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.9781% of the shares, which is about 5.24 million shares worth $205.87 million.
VANGUARD GROUP INC, with 10.8451% or 4.01 million shares worth $157.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Small-Cap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 1.93 shares worth $28.26 million, making up 6.47% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 953.59 shares worth around $13.97 million, which represents about 3.20% of the total shares outstanding.
