Analyst Ratings for Office Depot Inc. (ODP)

Updated: 2017-07-27

Shares of Office Depot Inc. (NASDAQ:ODP) have received a consensus rating of Hold from Wall Street analysts. ODP had previously received a consensus rating of Hold a month ago.

1 analysts declared ODP a buy, 0 gave an overweight rating, 9 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

ODP was given price targets by several analysts. The most optimistic price target was 6.5, implying a possible profit of 10.92 percent. The most pessimistic price target was 3.1, which equates to a potential downside of -47.1 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 21.43 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.94 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.31 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of ODP's earnings is estimated by analysts to be -35.76 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ODP has a PEG ratio of -0.2.

ODP has a 52-week high of 6.15 and a 52-week low of 3.01. Today's price is 94.68 percent above the 52-week low, and 4.72 percent below the high. ODP has a price/earnings ratio of 7.06. Investors typically compare the P/E ratio to a company's peers in the industry. The ODP value stock report compares ODP to some of its peers using value stock charts. The market cap of ODP is $3.05 billion. ODP will post this quarters earnings in days, on 0000-00-00.