Office Depot (ODP) Receiving Somewhat Positive Media Coverage, Accern Reports

Office Depot (ODP) Receiving Somewhat Positive Media Coverage, Accern Reports”

Office Depot, Inc. (ODP) exchanged hands at an unexpectedly low level of 5.79 million shares over the course of the day. The value of the investment in (ODP) went from $154,000 to $3,000 decreasing 98.1% quarter over quarter. Office Depot Inc has a 12-month low of $3.01 and a 12-month high of $5.86. The last session's volume of 11.39 million shares was lower than its average volume of 33.21 million shares.

Media coverage about Office Depot (NASDAQ:ODP) has trended somewhat positive recently, according to Accern. It has outperformed by 34.35% the S&P500.

The (Simple Month Average) SMA20 is at 0.24 percent, its SMA50 Value is -0.53% and SMA200 value is reported as 8.63 Percent. ANTIPODES PARTNERS Ltd now owns 10,126,124 shares of the specialty retailer's stock valued at $46,586,000 after buying an additional 1,927,796 shares during the period. Starbucks now has $83.84B valuation. The stock declined 0.33% or $0.22 reaching $65.99 on the news. About 404,157 shares traded. Jefferies Group LLC reiterated a "hold" rating and set a $5.00 target price (up from $4.50) on shares of Office Depot in a research report on Wednesday, May 10th. Therefore 62% are positive. FBR Capital maintained Six Flags Entertainment Corp (NYSE:SIX) on Wednesday, October 21 with "Mkt Perform" rating. (NASDAQ:ODP) might see muted action given an ABR of 2.1 or Hold rating. The stock of Office Depot Inc (NASDAQ:ODP) earned "Sell" rating by UBS on Wednesday, May 11. The firm has "Outperform" rating by Wedbush given on Thursday, April 28.

Office Depot Cmn (NASDAQ:ODP) as of recent trade, has shown weekly upbeat performance of 4.29% which was maintained at 5.62% in 1-month period. The stock of Office Depot Inc (NASDAQ:ODP) has "Outperform" rating given on Tuesday, December 8 by Telsey Advisory Group. Telsey Advisory Group has "Outperform" rating and $6.50 target.

Since March 4, 2017, it had 1 insider purchase, and 8 insider sales for $1.34 million activity. The correct version of this piece can be accessed at Creative Planning now controls 99,516 shares worth $561,000. Office Depot had a net margin of 2.77% and a return on equity of 15.60%.

Revenue per share is 20.4.

Market capitalization is the total market value of all of a company's outstanding shares. During the same period in the previous year, the firm posted $0.10 earnings per share. ODP's profit will be $47.43 million for 16.44 P/E if the $0.09 EPS becomes a reality.

According to the analysts, Office Depot Cmn (NASDAQ:ODP) is expected to announce $0.08/share EPS for the current quarter.

Investors sentiment increased to 1.22 in 2016 Q4. Its up 0.04, from 0.98 in 2016Q3. 50 funds opened positions while 80 raised stakes.

Omers Administration Corp reported 122,900 shares. Days to cover decreased from 2.1 to 2.0 and the percentage of shorted shares is 0.04% as of May 31. "Cuts Position in Office Depot Inc (ODP)" was originally reported by Transcript Daily and is owned by of Transcript Daily. Martingale Asset Management Ltd Partnership reported 0.02% stake. The dividend payment was $0.025 per share for the quarter which is $0.10 annualized. Arizona State Retirement Systems holds 236,149 shares or 0.02% of its portfolio. 923,023 are owned by Alliancebernstein L P. Bridgeway Capital Inc holds 607,200 shares. The Ontario - Canada-based Royal State Bank Of Canada has invested 0% in Office Depot Inc (NASDAQ:ODP). Northern stated it has 0.02% in Office Depot Inc (NASDAQ:ODP). VASSALLUZZO JOSEPH bought $117,499 worth of stock. Shares for $127,467 were sold by Beauchamp Timothy J. The insider BURROWS CLIFFORD sold 114,826 shares worth $6.83M.

Price to Sale ratio of ODP stands at 0.27 while Price to Book Ratio stands at 1.52. It improved, as 59 investors sold SBUX shares while 450 reduced holdings.

Total cash per share on the most recent quarter is 1.44. Engineers Gate Manager LP accumulated 0.25% or 41,853 shares. Capstone Asset Management reported 81,567 shares. New York State Teachers Retirement System acquired 12,526 shares as Dave & Buster's Entertainment Inc (PLAY)'s stock rose 14.62%. Ftb holds 3,596 shares. Old Mutual Customised Solutions (Proprietary) holds 0.02% or 18,700 shares. Suntrust Banks Incorporated reported 231,928 shares stake. Lsv Asset Mgmt has 687,100 shares. Hartford invested 0.44% in Starbucks Corporation (NASDAQ:SBUX). 15,875 are owned by Concert Wealth Mgmt.

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