ODP (ODP) Projected to Post Earnings on Wednesday

ODP (NASDAQ:ODP) is projected to issue its quarterly earnings data 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. Parties that wish to listen to the company’s conference call can do so using this link.

ODP Price Performance

NASDAQ ODP opened at $18.11 on Monday. ODP has a one year low of $17.74 and a one year high of $58.13. The stock has a 50-day moving average of $22.56 and a 200 day moving average of $26.49. The company 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 company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.92.

Analysts Set New Price Targets

ODP has been the subject of several research analyst reports. UBS Group reduced their price objective on ODP from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. StockNews.com downgraded ODP from a “buy” rating to a “hold” rating in a report on Friday, January 31st.

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.