As of May, 8 Office Depot, Inc. (ODP) Analysts See $0.11 EPS

April 16, 2018 - By Sheila Anderson

Office Depot, Inc. (NASDAQ:ODP) Corporate Logo
Big Money Sentiment increased to 0.97 in Q4 2017. It has change of 0.10, from 2017Q3’s 0.87. The ratio is positive due to Office Depot, Inc. positioning: 32 sold and 82 reduced. 40 funds acquired holdings and 71 increased holdings. Investors holded 461.44 million in 2017Q3 but now own 486.57 million shares or 5.44% more.
6.15 million were reported by Geode Ltd Liability Corporation. Ing Groep Nv holds 0% of its capital in Office Depot, Inc. (NASDAQ:ODP) for 77,686 shs. Gemmer Asset Limited Liability holds 1,799 shs or 0% of its capital. Walleye Trading Ltd holds 0% or 125,121 shs. Bancorporation Of New York Mellon Corp invested in 15.89 million shs or 0.01% of the stock. Lee Thomas H Prns Limited Partnership has invested 3.79% of its capital in Office Depot, Inc. (NASDAQ:ODP). Tudor Inv Et Al has 69,981 shs for 0.01% of their capital. Ftb Advsrs Inc, Tennessee-based fund reported 1,650 shs. Gotham Asset Mgmt Lc accumulated 643,206 shs. Qs Invsts invested in 0.01% or 320,193 shs. D E Shaw invested in 615,717 shs. Commonwealth Bankshares Of Aus accumulated 1.15M shs or 0.04% of the stock. Martingale Asset Mgmt Limited Partnership has invested 0.02% in Office Depot, Inc. (NASDAQ:ODP). Chicago Equity Ptnrs Lc owns 0.03% invested in Office Depot, Inc. (NASDAQ:ODP) for 246,450 shs. Institute For Wealth Limited Liability Company has invested 0.01% of its capital in Office Depot, Inc. (NASDAQ:ODP).

Office Depot, Inc. had 1 insider sale and 0 insider purchases since January 5, 2018. This’s net activity of $4,637.

On May, 8 is awaited Office Depot, Inc. (NASDAQ:ODP)’s earnings report, Faxor reports. Analysts forecast $0.11 EPS, which is $0.05 down or 31.25 % from 2017’s $0.16 EPS. If ODP’s EPS is $0.11 the profit will be $61.13 million for 4.73 P/E. 37.50 % EPS growth is what analysts predict. $0.08 EPS was published for last [previous quarter]. Its shares touched $2.08 on during the last trading session after 2.46% change.Office Depot, Inc. has volume of 3.37M shares. Since April 17, 2017 ODP has declined 52.71% and is downtrending. ODP underperformed by 64.26% the S&P 500.

Office Depot, Inc. (NASDAQ:ODP) Ratings Coverage

Total analysts of 2 have positions in Office Depot (NASDAQ:ODP) as follows: 0 rated it a “Buy”, 2 with “Sell” and 0 with “Hold”. The positive are 0. Since October 30, 2017 according to StockzIntelligence Inc Office Depot has 2 analyst reports. On Monday, October 30 the rating was downgraded by JP Morgan to “Underweight”. On Monday, October 30 J.P. Morgan downgraded Office Depot, Inc. (NASDAQ:ODP) to “Sell” rating.

Office Depot, Inc., together with its subsidiaries, supplies office services and products in North America.The firm is valued at $1.16 billion. The firm operates in two divisions, North American Retail and North American Business Solutions.The P/E ratio is 6.21. It offers office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture, as well as copy and print services.

Office Depot, Inc. (NASDAQ:ODP) Institutional Investors Chart

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