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.

Investment analysts gave a few price targets for ODP. The highest price target was 6.5, implying a possible profit of 10.92 percent. The minimum price target given was 3.1, implying potential capital losses of -47.1 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 21.43 percent. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

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, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ODP is -0.2.

In the trailing 52-weeks, ODP hit 6.15 at the highest peak, while it's lowest trading point was 3.01. The current market price is above the trailing year's low by 94.68 percent, and below the high by 4.72 percent. 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 stock has a market capitalization of $3.05 billion. ODP's next earnings release will be on 0000-00-00, which is days away.