Analysts Outlook: Office Depot Cmn (ODP)

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468.70 million shares or 1.45% more from 462.01 million shares in 2017Q1 were reported.

Allison Michael R on 2017-10-13 Sell 360000 shares of the company at a price of $3.83. Moreover, Zwj Investment Counsel has 0.01% invested in Office Depot, Inc. (NASDAQ:ODP). Bancorporation Of Nova Scotia holds 0.01% or 470,600 shares. King Luther Capital Management Corp reported 1.82% stake. Adage Capital Ptnrs Group Llc accumulated 1.73M shares. Convergence Inv Prtnrs Ltd Liability, a Wisconsin-based fund reported 497,563 shares. Capstone Asset Communication has 81,527 shares for 0.01% of their portfolio. Bowling Portfolio Management Ltd Co reported 0.22% stake. Carlton Hofferkamp And Jenks Wealth Management Limited Liability Com stated it has 0.85% in The Home Depot, Inc. Illinois-based Old Second National Bank Of Aurora has invested 0.04% in The Home Depot, Inc.

Office Depot (NASDAQ:ODP) last issued its quarterly earnings data on Thursday, November 9th. About 6.89M shares traded or 52.13% up from the average. Texas Yale Cap holds 1.51% of its portfolio in The Home Depot, Inc. (NASDAQ:ODP). Usa Financial Portformulas Corporation holds 0.13% or 96,819 shares. Landscape Cap Mngmt Ltd Liability has 0.17% invested in Office Depot, Inc. (NASDAQ:ODP). Us Commercial Bank De reported 3,442 shares. The Home Depot Inc. had 92 analyst reports since August 19, 2015 according to SRatingsIntel. Jefferies's target price gives a possible upside of 26.14 % from the previous close of the company. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 74% are positive.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Office Depot Cmn (NASDAQ:ODP) high price target of $5 and with a conservative view have low price target of $3.1. While 20-Day Moving Average VS Current Price shows "Buy" Signal. As per Wednesday, November 8, the company rating was maintained by Bank of America. The company was maintained on Monday, October 30 by RBC Capital Markets. The firm has "Hold" rating given on Thursday, September 28 by Jefferies. Finally, Sanford C. Bernstein restated a "market perform" rating and set a $170.00 price objective (up previously from $162.00) on shares of Home Depot in a research report on Thursday. Home Depot Inc now has $212.82B valuation. The firm earned "Hold" rating on Wednesday, August 9 by BMO Capital Markets. The rating was maintained by Jefferies with "Buy" on Friday, July 21. (NYSE:HD) has "Buy" rating given on Wednesday, November 18 by UBS. As per Wednesday, February 24, the company rating was maintained by Telsey Advisory Group. 2,268,731 shares of the stock were exchanged, compared to its average volume of 4,459,042. About 1.07 million shares traded. Office Depot, Inc. (NASDAQ:ODP) has risen 51.05% since December 6, 2016 and is uptrending. It has outperformed by 1.95% the S&P500. Home Depot's dividend payout ratio (DPR) is now 44.66%. The company posted an earnings surprise of 7.7%. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. ODP's profit will be $41.29 million for 10.28 P/E if the $0.08 EPS becomes a reality. Pineno Levin & Ford Asset Management Inc. increased its holdings in Home Depot by 0.3% in the 1st quarter.

Office Depot, Inc., together with its subsidiaries, supplies office services and products in North America.


It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. It offers office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture, as well as copy and print services.

More notable recent The Home Depot, Inc.

WARNING: This article was first published by TrueBlueTribune and is the property of of TrueBlueTribune. Comparatively, Office Depot, Inc. posted earnings of $0.09 per share in the same quarter past year. "(ODP) Ex-Dividend Date Scheduled for November 22, 2017" on November 21, 2017.

There was no empirical evidence to suggest that tax deductibility influences the rate of home ownership, Home Depot's Chief Financial Officer Carol Tome said, because only 5 percent of mortgages are more than $500,000, the proposed cap for tax deductions.

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