Economy

Office Depot, Inc. (NASDAQ:ODP) reported Sales of 10.6 Billion

BidaskClub upgraded shares of Office Depot from a "sell" rating to a "hold" rating in a report on Saturday. 49 funds opened positions while 94 raised stakes. Most of the active traders and investors are keen to find ways to compare the value of stocks. The Beta for the company stands at 2.88 and its Average True Range (ATR) shows a value of 0.18. Voya Inv Limited Liability Company stated it has 9,862 shares. Los Angeles Capital Mngmt & Equity Rech reported 21,016 shares. Comparatively, Office Depot, Inc. posted earnings of $0.08 per share in the same quarter a year ago. Gratia Capital Llc sold 415,638 shares as the company's stock rose 10.79% with the market. Aqr Capital Management Ltd holds 0.05% or 6.63M shares.

Over the last few days fluctuation in the stock of Office Depot, Inc. The stock of Office Depot Inc (NASDAQ:ODP) earned "Outperform" rating by Credit Suisse on Monday, March 7. 607,200 were accumulated by Bridgeway Cap Mngmt Incorporated. It also reduced Ishares Msci Poland Capped E (EPOL) stake by 17,671 shares and now owns 194,698 shares. The Piotroski F-Score of Office Depot, Inc. Nuveen Asset Management Ltd Llc has invested 0% in CarMax, Inc (NYSE:KMX). Acadian Asset Management Limited Liability Corp, Massachusetts-based fund reported 2.75M shares. 194,721 were reported by Aberdeen Asset Public Ltd Liability Corp Uk.

Since May 12, 2017, it had 0 insider buys, and 4 selling transactions for $991,781 activity. Shares for $142,806 were sold by Calkins Stephen R. 66,217 shares were sold by Allison Michael R, worth $336,449. Loop Capital restated a "hold" rating and issued a $5.00 price objective on shares of Office Depot in a research report on Wednesday, July 12th. It is widely believed that a stock's future performance can best be predicted by analyzing prior trends and patterns in price. The rating has been shown in a note on Thursday morning. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. Therefore 30% are positive. The SI to Office Depot Incorporated's float is 2.84%. Institutional ownership is usually beneficial to a stock price initially, but very high institutional ownership has several shortcomings. Bank of America Corporation restated a "buy" rating and issued a $6.00 target price on shares of Office Depot in a report on Tuesday, September 5th.

The PE ration is a market prospect ratio that calculates the market value of a stock relative to its earnings by comparing the market price per share by the earnings per share. The firm has "Market Perform" rating given on Friday, October 28 by Telsey Advisory Group. The rating was maintained by Jefferies with "Hold" on Wednesday, October 4. The firm has "Sell" rating given on Wednesday, May 11 by Jefferies. Investors often use this ratio to evaluate what a stock's fair market value should be by predicting future earnings per share.

About 363,075 shares traded. Trading volume for Office Depot, Inc. was 11.63 Million in its previous trading session. During the key period of last 5 years, Office Depot, Inc. During the same quarter a year ago, the business posted $0.06 earnings per share. Out of the analyst recommendations 1 rate Office Depot Cmn (NASDAQ:ODP) stock a Buy, 0 rate the stock Outperform, 7 rate Hold, 0 rate Underperform and 1 recommend a Sell. $127,467 worth of Office Depot Inc (NASDAQ:ODP) was sold by Beauchamp Timothy J. Gratia Capital Llc who had been investing in Office Depot Inc for a number of months, seems to be less bullish one the $2.02B market cap company. The Company's divisions include North American Retail Division and North American Business Solutions Division. The company's price to earnings growth PEG ratio is stands at 0.60 and Forward P/E is noted at 5.24. The North American Retail Division includes retail stores in the United States, including Puerto Rico and the United States Virgin Islands, which offer office supplies, technology products and solutions, business machines and related supplies, facilities products and office furniture.

More notable recent Office Depot Inc (NASDAQ:ODP) news were published by: Seekingalpha.com which released: "Office Depot names Jerri Devard Chief Marketing Officer" on September 14, 2017, also Wsj.com with their article: "Office Depot CEO's Answer to Retail Woes?"



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