Office Depot (ODP) Getting Somewhat Positive News Coverage, Report Finds

For example, if you are inadvertently comparing lower risk firms with ODP, then ODP's P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price. Equities analysts forecast that Office Depot, Inc. will post $0.46 earnings per share for the current year. About 2.11M shares traded. Office Depot Inc now has $1.95 billion valuation. Finally, Cigna Investments Inc. The institutional investor acquired 28,400 shares of the specialty retailer's stock, valued at approximately $132,000.

Valuations and Returns for Altaba Inc. The stock rose 0.71% or $0.79 reaching $112.3. A total of 0.79 million shares exchanged at hands and its average trading volume is standing at 5.95 million shares. (UTI) has risen 18.09% since October 10, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

Always volatility measures make charm for active trader; price volatility of stock was 0.97% for a week and 1.06% for a month. Office Depot had a net margin of 2.49% and a return on equity of 13.97%. 22 funds opened positions while 65 raised stakes. The investment professionals in our partner's database now have: 468.70 million shares, up from 462.01 million shares in 2017Q1. Huntington Financial Bank accumulated 2,249 shares. Shelton Mngmt holds 0.02% or 46,441 shares in its portfolio. 25,725 shares valued at $127,467 were sold by Beauchamp Timothy J on Friday, May 12. Fairpointe Capital Llc owns 31.89 million shares or 3.58% of their United States portfolio. Ajo LP stated it has 11.55 million shares or 0.28% of all its holdings.

Analysts await Office Depot Inc (NASDAQ:ODP) to report earnings on November, 1. Proshare Llc reported 439,981 shares. Employees Retirement Systems Of Ohio reported 65,672 shares. Office Depot's dividend payout ratio is presently 20.00%. 103,894 were reported by Dupont Capital.

Office Depot, Inc. (NasdaqGS:ODP) now has a Montier C-score of 1. Therefore 30% are positive. The company was maintained on Wednesday, June 14 by Jefferies. The firm earned "Outperform" rating on Wednesday, February 24 by Telsey Advisory Group. The stock of Office Depot Inc (NASDAQ:ODP) has "Outperform" rating given on Monday, March 7 by Credit Suisse.

Office Depot, Inc. shares decreased -15.23 percent over the past week and fell -11.32 percent over the previous month. BidaskClub cut shares of Office Depot from a hold rating to a sell rating in a report on Friday, September 22nd. The firm has "Sell" rating given on Wednesday, May 11 by Jefferies. The rating was maintained by Bank of America on Tuesday, September 5 with "Buy".

Office Depot, Inc. provides a selection of services and products to clients and businesses of various sizes. The company's market cap is $1.94 Billion, and the average volume is 5.95 Million. The Company's segments include North American Retail Division and North American Business Solutions Division. The industry's and sector's high P/E for the past year is 113.68 and 31.67 respectively and low P/E ratio for the last 5 years is 6.78 for the industry and 10.26 for the Sector. 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.

Since May 12, 2017, it had 0 insider purchases, and 4 insider sales for $991,781 activity. The target implies a 25.45% spike from where the shares are now trading. Shares for $385,059 were sold by RICE TROY. General Mtrs Co (NYSE:GM) was raised too.

Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). PepsiCo had 55 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with "Hold" rating and $4.15 target in Wednesday, October 4 report. Balyasny Asset Management Ltd Liability reported 0% in Office Depot Inc (NASDAQ:ODP). RBC Capital Markets has "Hold" rating and $115 target. The stock has "Buy" rating by B. Riley & Co on Tuesday, September 8.

Investors sentiment decreased to 0.75 in Q2 2017. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Private Advisor Grp Ltd Llc invested 0.35% of its portfolio in PepsiCo, Inc. (NYSE:UAA) higher to the next line of resistance at $17.07 a share. Manufacturers Life The has invested 0.38% in PepsiCo, Inc. It also upped Vodafone Group Plc New (NASDAQ:VOD) stake by 183,959 shares and now owns 194,359 shares.

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