ODP (ODP) to Release Quarterly Earnings on Wednesday

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

ODP Trading Down 3.8 %

ODP opened at $19.41 on Wednesday. The company’s 50 day moving average is $23.13 and its 200-day moving average is $26.80. ODP has a 1-year low of $19.35 and a 1-year high of $58.13. The company has a current ratio of 0.92, a quick ratio of 0.47 and a debt-to-equity ratio of 0.28. The company has a market cap of $584.59 million, a P/E ratio of -21.33, a PEG ratio of 0.35 and a beta of 1.38.

Analyst Upgrades and Downgrades

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

ODP Company Profile

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.