Latest news with #ODPCorp.
Yahoo
25-06-2025
- Business
- Yahoo
Why ODP Corp. (ODP) Outpaced the Stock Market Today
ODP Corp. (ODP) closed at $17.36 in the latest trading session, marking a +1.52% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow gained 1.19%, and the Nasdaq, a tech-heavy index, added 1.43%. The stock of office supply retailer has risen by 7.21% in the past month, leading the Retail-Wholesale sector's gain of 0.9% and the S&P 500's gain of 3.92%. The investment community will be paying close attention to the earnings performance of ODP Corp. in its upcoming release. The company is forecasted to report an EPS of $0.33, showcasing a 41.07% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.57 billion, down 8.39% from the year-ago period. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.03 per share and a revenue of $6.58 billion, representing changes of -8.18% and -5.83%, respectively, from the prior year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for ODP Corp. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, ODP Corp. possesses a Zacks Rank of #1 (Strong Buy). Looking at valuation, ODP Corp. is presently trading at a Forward P/E ratio of 5.65. For comparison, its industry has an average Forward P/E of 13.02, which means ODP Corp. is trading at a discount to the group. Investors should also note that ODP has a PEG ratio of 0.4 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Retail - Miscellaneous industry was having an average PEG ratio of 2.51. The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 27, placing it within the top 11% of over 250 industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The ODP Corporation (ODP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
14-06-2025
- Business
- Yahoo
ODP Corp. (ODP) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, ODP Corp. (ODP) was down 4.53% at $17.29. The stock's change was less than the S&P 500's daily loss of 1.13%. Meanwhile, the Dow experienced a drop of 1.79%, and the technology-dominated Nasdaq saw a decrease of 1.3%. The office supply retailer's shares have seen an increase of 0.67% over the last month, surpassing the Retail-Wholesale sector's loss of 1.63% and falling behind the S&P 500's gain of 3.55%. The upcoming earnings release of ODP Corp. will be of great interest to investors. On that day, ODP Corp. is projected to report earnings of $0.33 per share, which would represent a year-over-year decline of 41.07%. Meanwhile, our latest consensus estimate is calling for revenue of $1.57 billion, down 8.39% from the prior-year quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.03 per share and revenue of $6.58 billion. These totals would mark changes of -8.18% and -5.83%, respectively, from last year. Investors should also note any recent changes to analyst estimates for ODP Corp. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. ODP Corp. presently features a Zacks Rank of #1 (Strong Buy). Looking at valuation, ODP Corp. is presently trading at a Forward P/E ratio of 5.99. For comparison, its industry has an average Forward P/E of 13.17, which means ODP Corp. is trading at a discount to the group. Meanwhile, ODP's PEG ratio is currently 0.43. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Miscellaneous industry had an average PEG ratio of 2.63 as trading concluded yesterday. The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 57, positioning it in the top 24% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The ODP Corporation (ODP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-06-2025
- Business
- Yahoo
The ODP Corporation (ODP) is Attracting Investor Attention: Here is What You Should Know
ODP Corp. (ODP) is one of the stocks most watched by visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this office supply retailer have returned +0.6%, compared to the Zacks S&P 500 composite's +6.9% change. During this period, the Zacks Retail - Miscellaneous industry, which ODP Corp. falls in, has gained 4.3%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, ODP Corp. is expected to post earnings of $0.33 per share, indicating a change of -41.1% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. For the current fiscal year, the consensus earnings estimate of $3.03 points to a change of -8.2%. from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fiscal year, the consensus earnings estimate of $3.16 indicates a change of +4.5% from what ODP Corp. is expected to report a year ago. Over the past month, the estimate has remained unchanged. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for ODP Corp.. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. In the case of ODP Corp., the consensus sales estimate of $1.57 billion for the current quarter points to a year-over-year change of -8.4%. The $6.58 billion and $6.62 billion estimates for the current and next fiscal years indicate changes of -5.8% and +0.6%, respectively. ODP Corp. reported revenues of $1.7 billion in the last reported quarter, representing a year-over-year change of -9.2%. EPS of $1.06 for the same period compares with $1.05 a year ago. Compared to the Zacks Consensus Estimate of $1.65 billion, the reported revenues represent a surprise of +3.03%. The EPS surprise was +63.08%. Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates two times over this period. No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. ODP Corp. is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about ODP Corp.. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The ODP Corporation (ODP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
