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.

Many analysts weighed in on price targets for ODP. The maximum price target given was 6.5, implying potential capital gains of 10.92 percent. The lowest price target was 3.1, implying potential capital losses of -47.1 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.31 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. 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.

Analysts estimate earnings of ODP to grow at a rate of -35.76 percent. Another measure frequently examined by investors is the PEG ratio. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. ODP has a PEG ratio of -0.2.

In the last 52-weeks, ODP has achieved a high of 6.15 and a low of 3.01. Currently the stock is 94.68 percent higher than its low, and 4.72 percent below the high. ODP has a P/E 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.