ODP Corporation (NASDAQ:ODP) has a beta value of 1.45 and has seen 5.72 million shares traded in the last trading session. The company, currently valued at $417.16M, closed the last trade at $13.99 per share which meant it lost -$0.34 on the day or -2.37% during that session. The ODP stock price is -281.56% off its 52-week high price of $53.38 and 3.93% above the 52-week low of $13.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.37 million shares traded. The 3-month trading volume is 600.51K shares.
The consensus among analysts is that ODP Corporation (ODP) is Hold stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 7 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
ODP Corporation (NASDAQ:ODP) trade information
Sporting -2.37% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ODP stock price touched $13.99 or saw a rise of 9.33%. Year-to-date, ODP Corporation shares have moved -38.48%, while the 5-day performance has seen it change -4.51%. Over the past 30 days, the shares of ODP Corporation (NASDAQ:ODP) have changed -2.98%. Short interest in the company has seen 5.27 million shares shorted with days to cover at 7.04.
ODP Corporation (ODP) estimates and forecasts
The company’s shares have lost -52.37% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.27% over the past 5 years. Earnings growth for 2025 is a modest -23.13% while over the next 5 years, the company’s earnings are expected to decrease by -10.71%.
ODP Dividends
ODP Corporation is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
ODP Corporation (NASDAQ:ODP)’s Major holders
Insiders own 5.73% of the company shares, while shares held by institutions stand at 108.58% with a share float percentage of 115.18%. Investors are also buoyed by the number of investors in a company, with ODP Corporation having a total of 283.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 5.24 million shares worth more than $205.87 million. As of 2024-06-30, BLACKROCK INC. held 14.9781% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.01 million shares as of 2024-06-30. The firm’s total holdings are worth over $157.58 million and represent 10.8451% of shares outstanding.
