Technology

Active Volume Stock: Office Depot, Inc. (NASDAQ:ODP)

Active Volume Stock: Office Depot, Inc. (NASDAQ:ODP)”

LS Investment Advisors LLC now owns 35,548 shares of the company's stock valued at $127,000 after buying an additional 4,843 shares during the last quarter.

To view the price target ranked by analysts, ODP attains high-level price target of 5 while lower level target was 4, it can be use an indication to know how much worth stock has stored in it.

The 5 analysts offering 12-month price forecasts for Office Depot Inc have a median target of 4.50, with a high estimate of 5.00 and a low estimate of 4.00. The 1-year price target of the company is 4.62.

For the quarter ending December 31, Office Depot booked sales of $2.73 billion, down 2% year over year, but slightly ahead of the expected $2.72 billion. Zacks Investment Research downgraded shares of Office Depot from a "hold" rating to a "sell" rating in a research report on Thursday, November 3rd. Office Depot, Inc. (NASDAQ:ODP), at its latest closing price of $4.83, it has a price-to-book ratio of 1.19, compared to an industry average at 3.34. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

On Sep 16 Office Depot, Inc. (NASDAQ:ODP)'s shares have the potential to reach a high EPS of 0.13 per share, and a low EPS of 0.07 per share in the current quarter.

Office Depot Inc (NASDAQ:ODP)'s mean EPS estimate was $0.13 for the quarter ended on 3/2016, while it reported EPS of $0.10 on 4/26/2016 Before Market Open, missing the analysts' consensus estimate by -0.03 with surprise factor of 23.08%. According to their observations and findings, the stock could provide a high EPS of $0.08/share and a Low EPS of $0.04/share.

The company's quick ratio for most recent quarter is 0.90. Thus the company showed an Earnings Surprise of 6.7 Percent.

Returns and Valuations for Office Depot, Inc. The difference between actual earnings and estimated earnings was $0.01 per share.

For the Current Quarter, the growth estimate for Office Depot, Inc.is 42.9%, while for the Next Quarter the stock growth estimate is 20%. The stock touched its high share price of $7.91 on April 7, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on Nov 1, 2016 as $3.01. The fiscal year 2016 current estimate trend was for $2.78 as compared to FY 2017 current Estimate trends of $2.66. Recently, investment analysts covering the stock have updated the mean rating to 2. The company has a market capitalization of $2.35 billion, a P/E ratio of 7.89 and a beta of 3.26. Insiders own 1.47% of the company's stock. (NASDAQ:ODP) to Sell by settling a price target of $3.1 on 8/04/16. The stock is now moving above its 20-Day Simple Moving Average of -8.32% with the 50-Day Simple Moving Average of -8.32 percent. The volatility rate is 4.35% percent and 3.72% percent each.

This year, the company showed a solid 0 percent of growth. While for the next 5 years, the growth estimate is 11.8%. The company projects a long term annual growth estimate of 11.8 percent. The company's institutional ownership is monitored at 92.2 percent. Following the completion of the transaction, the executive vice president now owns 234,782 shares in the company, valued at approximately $1,110,518.86.



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