The ODP Corporation (ODP)

NASDAQ: ODP · IEX Real-Time Price · USD
30.90
+0.92 (3.07%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.07%
Market Cap 1.52B
Revenue (ttm) 8.69B
Net Income (ttm) -206.00M
Shares Out 49.20M
EPS (ttm) -3.96
PE Ratio n/a
Forward PE 7.79
Dividend n/a
Ex-Dividend Date n/a
Volume 810,742
Open 30.06
Previous Close 29.98
Day's Range 29.74 - 31.36
52-Week Range 28.85 - 50.29
Beta 1.85
Analysts Sell
Price Target 51.00 (+65.0%)
Earnings Date Aug 3, 2022

About ODP

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the... [Read more...]

Industry Specialty Retail
Founded 1986
CEO Neil Austrian
Employees 26,000
Stock Exchange NASDAQ
Ticker Symbol ODP
Full Company Profile

Financial Performance

In 2021, ODP's revenue was $8.47 billion, a decrease of -4.59% compared to the previous year's $8.87 billion. Losses were -$208.00 million, -34.80% less than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ODP stock is "Sell." The 12-month stock price forecast is 51, which is an increase of 65.05% from the latest price.

Price Target
$51
(65.05% upside)
Analyst Consensus: Sell
Stock Forecasts

News

ODP Faces Challenges, but Is Cheap

The post-pandemic return to office phenomenon may create some interesting investment opportunities. Many major companies, from Tesla ( TSLA , Financial) to JPMorgan Chase ( JPM , Financial) have indicat...

Other symbols: JPMTSLA

Why ODP Stock Is Plunging 14% Today

The office supplies retailer is suffering from a bout of separation anxiety.

Office Depot Parent Rejects Bids, Says Retail and B2B Office Supply Biz Is ‘Better Together'

A multi-year process that would have put Staples, Office Depot, OfficeMax and more than a half dozen other related wholesale brands under one roof was officially rejected Tuesday (June 21), as the board...

ODP Corp. will hang on to its consumer business under common ownership

ODP Corp. ODP, +0.37% said Tuesday that it will not sell its consumer business after all, and will instead hold on to it under common ownership with its other business units. ODP recently completed the ...

The ODP Corporation Completes Realignment of Operating Business Entities to Better Serve Customers

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP) (“ODP” or the “Company”), a leading provider of business services, products and digital workplace technology solutions through an inte...

Elevate Together® Initiative Expands to Minneapolis With Support of Taylor Corporation

NORTH MANKATO, Minn.--(BUSINESS WIRE)-- #ElevateSmallbiz--Taylor Corporation has joined a coalition of like-minded companies, including The ODP Corporation, JPMorgan Chase and NCR Foundation, to support...

The ODP Corporation Announces Appointment of David Centrella as Executive Vice President and as President of ODP Busi...

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...

The ODP Corporation Announces First Quarter 2022 Results

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an in...

The ODP Corporation to Announce First Quarter 2022 Earnings Results Wednesday, May 4, 2022

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...

Office Depot Celebrates Organizations for Their Leadership in Greener Purchasing

BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutio...

Office Depot Celebrates 5th Annual ‘Depot Day of Service' With $250,000 Donation to Boys & Girls Clubs of America

BOCA RATON, Fla. & ATLANTA--(BUSINESS WIRE)-- #depotdifference--Office Depot, a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), will kick off the company's fifth annual Depot Day of Service...

Instacart Partners With Office Depot to Offer Same-Day Delivery of Office and School Supplies

New Relationship Gives Instacart Customers Access to Same-Day Delivery from more than 1,000 Office Depot and OfficeMax Stores Nationwide SAN FRANCISCO and BOCA RATON, Fla. , March 17, 2022 /PRNewswire/ ...

The ODP Corporation Announces Appointment of Sarah E. Hlavinka as General Counsel of Office Depot, LLC

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...

Kevin Moffitt, EVP and Chief Retail Officer for The ODP Corporation, to Present Keynote Speech at eTail Palm Springs ...

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...

Office Depot parent ODP tops estimates for fourth quarter

The ODP Corp. ODP, -3.13% said Wednesday it had net income of $32 million, or 61 cents a share, in the fourth quarter, up from $31 million, or 57 cents a share, in the year-earlier period. Adjusted per-...

The ODP Corporation Announces Fourth Quarter and Full Year 2021 Results

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an in...

ODP's Q4 Earnings Top Estimates

ODP Corp (NASDAQ: ODP) reported a fourth-quarter FY21 sales decline of 2% year-on-year, to $2.04 billion, beating the Street view of $1.98 billion. Business Solutions Division sales rose 2% Y/Y to $1.2 ...

The ODP Corporation to Announce Fourth Quarter and Full Year 2021 Earnings Results Wednesday, February 23, 2022

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...

Brit + Co Launches Selfmade Season Six in Collaboration with Office Depot to Help Women Start and Grow the Businesses...

SAN FRANCISCO & BOCA RATON, Fla.--(BUSINESS WIRE)-- #Entrepreneur--Brit + Co and Office Depot will continue to provide opportunities for female entrepreneurs with Selfmade, Brit + Co's 10-week virtual s...

Office Depot Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index

BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot received a perfect score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index.

Office Depot parent delays spin-off after new offer for consumer business

ODP Corp said on Friday it had decided to delay its previously announced plans to split into two public companies to mull over sale offers for its consumer business, sending its shares up 10%.

The ODP Corporation Delays Public Company Separation to Evaluate Potential Sale of Its Consumer Business

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an inte...

The ODP Corporation Announces Sale of Its CompuCom Subsidiary in Transaction Valued up to $305 Million

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution...

Best Buddies International Partners With Office Depot to Employ Individuals With Intellectual and Developmental Disab...

MIAMI--(BUSINESS WIRE)-- #DEI--Best Buddies International is partnering with Office Depot to hire participants from Best Buddies jobs programs throughout Florida and California.

The ODP Corporation Announces $150 Million Accelerated Share Repurchase and $150 Million Increase in Its Existing Sto...

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution ...