ODP (ODP) Projected to Post Earnings on Wednesday

ODP (NASDAQ:ODP) is expected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $1.61 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

ODP Trading Up 0.2 %

Shares of NASDAQ:ODP opened at $18.11 on Monday. ODP has a 52-week low of $17.74 and a 52-week high of $58.13. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.92. The stock has a market capitalization of $545.44 million, a price-to-earnings ratio of -19.90, a PEG ratio of 0.30 and a beta of 1.38. The stock’s 50-day simple moving average is $22.56 and its two-hundred day simple moving average is $26.49.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ODP shares. StockNews.com cut ODP from a “buy” rating to a “hold” rating in a research report on Friday, January 31st. UBS Group lowered their price objective on ODP from $30.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th.

About ODP

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis.