A number of other large investors have also modified their holdings of the company. The stock decreased 1.41% or $0.44 on May 26, reaching $30.83. $117,499 worth of Office Depot Inc (NASDAQ:ODP) shares were bought by VASSALLUZZO JOSEPH. The lower end of the projection is $0.05 per share, while the higher end is $0.11 per share. The Return on Equity (ROE) and Return on Investment values are 0 percent and 24.2 percent respectively. BlueCrest Capital Management Ltd purchased a new position in shares of Office Depot during the first quarter worth $726,000. Alambic Investment Management L.P. now owns 591,300 shares of the specialty retailer's stock worth $2,111,000 after buying an additional 178,600 shares during the period. While looking the figure depicted by the Price to Earning we can suggest that the shares of Office Depot, Inc. 7,336,087 shares of the stock were exchanged.
Office Depot Cmn (NASDAQ:ODP) 52-week high price stands at $5.54 and low price stands at $3.01, its price distance from 52-week high is -10.29% while its distance from 52-week low price is 65.12%. The stock has a market cap of $2.59 billion, a PE ratio of 4.52 and a beta of 3.26.
Many analysts are providing their Estimated Earnings analysis for Office Depot, Inc. and for the current quarter 13 analysts have projected that the stock could give an Average Earnings estimate of $0.08/share. The specialty retailer reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.04.
In terms of Buy, Sell or Hold recommendations, Office Depot Cmn (NASDAQ:ODP) has analysts' mean recommendation of 2.9. The company earned $2.73 billion during the quarter, compared to analysts' expectations of $2.74 billion. For the next fiscal year, analysts anticipate that the business will post earnings of $0.55 per share, with EPS estimates ranging from $0.46 to $0.66. The firm has "Outperform" rating given on Monday, March 7 by Credit Suisse. This year-to-date, the company's shares have increased $0.45, or +9.96%.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Jefferies Gru Limited Liability invested in 0.04% or 1.71M shares. This represents a $0.10 annualized dividend and a dividend yield of 1.98%. (ODP) Ex-Dividend Date Scheduled for May 23, 2017" on May 22, 2017, also Reuters.com with their article: "Office Depot profit beats as fewer stores help tighten costs" published on May 09, 2017, Nasdaq.com published: "Ex-Dividend Reminder: "Six Flags Entertainment, Office Depot and Expedia" on May 19, 2017.
Now the shares of Office Depot, Inc.
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5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Office Depot, Inc.
ODP has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Office Depot from a "hold" rating to a "buy" rating and set a $6.00 price target on the stock in a research note on Wednesday, May 10th. (ODP) is 0.16 while the analysts predicted the EPS of the stock to be 0.12 suggesting the company fell short of the analysts' expectations. Hudbay Minerals Inc. has 4 buy ratings, 5 holds and 0 sells even after the stock tumbled -41.53% from its high of $9.15 to a $1.27 billion market value through last close.
The stock added in the prior trading session by 1.41%, closing at the stock price of $5.04. 15,436 shares were sold by Calkins Stephen R, worth $71,500 on Monday, March 20. KeyBanc Capital Markets downgraded the stock to "Sector Weight" rating in Tuesday, December 8 report. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The stock traded at a volume of 4.82 million shares. Following the completion of the transaction, the chairman now owns 84,534 shares in the company, valued at $397,309.80. The disclosure for this sale can be found here. (ODP) now has a value of $5.04 while the company's 52 week low is at $3.01, the shares dropped to the 52 week low on 11/01/16. Insiders own 1.47% of the company's stock.
Office Depot, Inc. provides a selection of services and products to clients and businesses of various sizes.
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