Latest news with #ODP
Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer Calls ODP an 'Interesting Spec'
The ODP Corporation (NASDAQ:ODP) is one of the stocks on Jim Cramer's radar. During the lightning round, a caller inquired about the stock, and Cramer replied: 'Yeah, but you know, you gotta look… away from the US to understand why ODP actually could be an okay situation. I'm not going to fight a six-time earnings stock as long as it's making money. I think you're okay. It's an interesting spec.' An executive in a suit working in a modern office surrounded by the products the company sells. ODP (NASDAQ:ODP) provides business supplies, digital workplace solutions, and support services through retail, e-commerce, and distribution channels. The company's products include office products, furniture, technology, and supply chain services for organizations of all sizes. Greenlight Capital stated the following regarding The ODP Corporation (NASDAQ:ODP) in its Q4 2024 investor letter: 'We sold The ODP Corporation (NASDAQ:ODP) after three and a half years at a -13% IRR. We originally believed that while the retail business was deteriorating, the business-to-business unit was stable and quite valuable. Over the years, management spent a lot of money on growth initiatives that ultimately failed. More recently, the business-to-business unit showed deteriorating results. This surprised us, and after updating our field research, we concluded that ODP's competitive position has deteriorated substantially. As such, we took our loss.' While we acknowledge the potential of ODP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
15-07-2025
- Business
- CNBC
Lightning Round: ODP, Palo Alto Networks, and Nutex
'Mad Money' host Jim Cramer weighs in on stocks including: ODP, Palo Alto Networks, and Nutex.
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
10-06-2025
- Business
- Yahoo
If You Invested in These Top 5 Retail Stocks 10 Years Ago, Here's How Much Money You'd Have Today
Brick-and-mortar retailers should be used to challenges by now, considering they've been losing market share to online retailers for a quarter-century and counting. This helps explain why the retail sector ranks only 103rd out of 145 stock market industries analyzed by data and research platform Wall Street Zen. Wall Street Zen currently gives the retail sector a 'D' rating, which means its overall performance is poor compared with the stock market as a whole. But some retail stocks have dealt with the challenging environment better than others and are performing pretty well right now. Read Next: Explore More: Here's a look at Wall Street Zen's top five retail stocks and how much money you would have made with a $500 investment 10 years ago. Also see how much you'd have today if you invested in these five tech companies during the COVID-19 pandemic. Closing price May 2015: $16.09 Number of shares with $500 investment: 31 Closing price June 4, 2025: $46.16 10-year return: 187% Current value: $1,430.96 The DIY toy chain is one of the better turnaround stories on Wall Street, rising from the ashes of a stock price that traded for less than $2 a share as recently as 2020. Retail experts credit Build-A-Bear's improved branding and merchandising and a move to expand its customer base to include more adults. Check Out: Closing price May 2015: $92.70 Number of shares with $500 investment: 5.4 Closing price June 4, 2025: $17.74 10-year return: -81% Current value: $95.80 ODP is the only stock on the list that has seen a decline in value over the past decade. It qualifies as a 'retail' stock because its holdings include the Office Depot and Office Max chains, though much of its business comes from business and technology solutions. It's not easy to see why ODP ranks as a top retail stock, considering that its share price is down in 2025 and financial growth has been sluggish. But the company did beat analyst estimates in its latest quarter, and some see it as a good value buy. Closing price May 2015: $152.62 Number of shares with $500 investment: 3.3 Closing price June 4, 2025: $465.64 10-year return: 205% Current value: $1,536.61 Ulta is a leader in the health and beauty retail space and has made a strong financial comeback in recent years thanks to 'robust comparable sales growth, strategic wins, and an aggressive share buyback program,' according to TipRanks. Closing price May 2015: $91.93 Number of shares with $500 investment: 5.4 Closing price June 4, 2025: $421.03 10-year return: 358% Current value: $2,273.56 Winmark specializes in resale stores such as Play It Again Sports and Once Upon A Child — which is a good business to be in as inflation-weary consumers opt for lower prices. Although Winmark's stock performance has been choppy over the last year, shares keep trending higher thanks to steady financial growth. Closing price May 2015: $87.19 Number of shares with $500 investment: 5.7 Closing price June 4, 2025: $448.25 10-year return: 414% Current value: $2,555.03 Casey's has been around since 1959 and operates under the Casey's and Casey's General Store brands. The Motley Fool calls the company a 'quiet outperformer' thanks in part to a loyal customer base in the small Midwestern towns it mainly serves. Investors 10 years ago would've seen a healthy gain of over 400%. More From GOBankingRates How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on If You Invested in These Top 5 Retail Stocks 10 Years Ago, Here's How Much Money You'd Have Today Sign in to access your portfolio
