ODP (ODP) Projected to Post Earnings on Wednesday

ODP (NASDAQ:ODP) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect ODP to post earnings of $0.80 per share and revenue of $1.61 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

ODP Price Performance

ODP stock opened at $18.86 on Tuesday. ODP has a 52 week low of $17.74 and a 52 week high of $58.13. The company has a quick ratio of 0.47, a current ratio of 0.92 and a debt-to-equity ratio of 0.28. The firm’s 50-day simple moving average is $22.41 and its 200 day simple moving average is $26.43. The firm has a market capitalization of $568.03 million, a PE ratio of -20.73, a P/E/G ratio of 0.30 and a beta of 1.38.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. StockNews.com lowered shares of ODP from a “buy” rating to a “hold” rating in a research report on Friday, January 31st. UBS Group cut their target price on shares of ODP from $30.00 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th.

ODP Company Profile

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis.