Sidoti Csr Analysts Reduce Earnings Estimates for ODP

The ODP Co. (NASDAQ:ODP) – Stock analysts at Sidoti Csr lowered their Q1 2025 earnings estimates for ODP in a research report issued on Thursday, February 27th. Sidoti Csr analyst G. Burns now forecasts that the specialty retailer will post earnings per share of $0.72 for the quarter, down from their previous forecast of $1.19. The consensus estimate for ODP’s current full-year earnings is $3.26 per share. Sidoti Csr also issued estimates for ODP’s Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.65 EPS, FY2025 earnings at $2.53 EPS, Q1 2026 earnings at $0.95 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $0.51 EPS and FY2026 earnings at $2.98 EPS.

ODP has been the topic of a number of other research reports. StockNews.com lowered ODP from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. UBS Group cut their price objective on shares of ODP from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th.

ODP Stock Performance

NASDAQ:ODP opened at $14.87 on Monday. The company has a market cap of $443.38 million, a price-to-earnings ratio of -16.34, a price-to-earnings-growth ratio of 0.30 and a beta of 1.38. The company has a quick ratio of 0.47, a current ratio of 0.92 and a debt-to-equity ratio of 0.28. ODP has a 52 week low of $13.44 and a 52 week high of $53.85. The company has a fifty day simple moving average of $21.49 and a two-hundred day simple moving average of $26.07.

ODP (NASDAQ:ODP) last released its earnings results on Wednesday, February 26th. The specialty retailer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.14). ODP had a negative net margin of 0.52% and a positive return on equity of 12.15%. The firm had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.61 billion.

Institutional Investors Weigh In On ODP

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue boosted its stake in ODP by 2.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 19,156 shares of the specialty retailer’s stock worth $569,000 after purchasing an additional 394 shares during the period. Principal Financial Group Inc. grew its holdings in shares of ODP by 0.3% during the third quarter. Principal Financial Group Inc. now owns 158,407 shares of the specialty retailer’s stock worth $4,713,000 after buying an additional 459 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in ODP by 2.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 28,189 shares of the specialty retailer’s stock valued at $641,000 after acquiring an additional 568 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in ODP by 1.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 82,606 shares of the specialty retailer’s stock worth $2,458,000 after acquiring an additional 790 shares during the period. Finally, KBC Group NV grew its stake in shares of ODP by 88.9% in the 3rd quarter. KBC Group NV now owns 1,844 shares of the specialty retailer’s stock valued at $55,000 after purchasing an additional 868 shares during the last quarter. Hedge funds and other institutional investors own 99.56% of the company’s stock.

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.