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.
A number of analysts gave price targets for ODP. The most optimistic analyst gave a price target of 6.5, which equates to a potential upside of 10.92 percent. The most pessimistic analyst gave a price target of 3.1, which equates to a potential downside of -47.1 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 21.43 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.94 percent. If we look at the last 90 days instead, we find a net average change of 10.31 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of ODP to grow at a rate of -35.76 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ODP is -0.2.
In the last 52-weeks, ODP has achieved a high of 6.15 and a 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.