Today Analysts Focus on Groupon, Inc. (GRPN), Office Depot, Inc. (ODP)

Office Depot, Inc. (NASDAQ:ODP) yearly performance is -16.88% and net profit margin is 2.40%. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

Separately, Zacks Investment Research upgraded shares of Office Depot from a "hold" rating to a "buy" rating and set a $5.50 target price for the company in a research note on Monday, November 28th. Office Depot has a 12 month low of $3.01 and a 12 month high of $7.91.

In the last trading session, The Company traded 4.11 Million shares. (NASDAQ:ODP) to Sell by settling a price target of $3.1 on 8/04/16. The firm's 50 day moving average price is $4.48 and its 200-day moving average price is $4.09. The company has a market cap of $2.55 billion, a P/E ratio of 8.56 and a beta of 3.26.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. The new indicated annual dividend based on announced dividend per share is $0.1. This represents a $0.10 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, March 1st. The Relative Volume value measured for Office Depot, Inc.




This news story was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark law. Telsey Advisory Group Downgrades Office Depot, Inc. Price per earning (ttm) stands at 4.08. Following the completion of the transaction, the executive vice president now owns 234,782 shares in the company, valued at approximately $1,110,518.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The stock now shows its YTD (Year to Date) performance of -7.74 percent while its Weekly performance value is -10.9%.

Institutional investors have recently made changes to their positions in the stock. BlackRock Fund Advisors increased its stake in Office Depot by 11.4% in the third quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Office Depot by 31.0% in the second quarter. Sales at Lowe's stores open more than 13 months rose 5.1 percent in the fourth quarter ended February 3, above the average estimate of a rise of 2.2 percent, according to analysts polled by research firm Consensus Metrix. The company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.01. That is compared with the $0.07 in EPS it reported during the same period a year ago. Loop Capital's target price would suggest a potential upside of 12.36% from the stock's current price. ANTIPODES PARTNERS Ltd bought a new stake in Office Depot during the fourth quarter valued at about $37,593,000. Metropolitan Life Insurance Co. The last session's volume of 2.05 million shares was higher than its average volume of 1.74 million shares.

The company had annual sales of approximately $11 billion, employed approximately 38,000 associates, and served consumers and businesses in North America and overseas with approximately 1,400 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization - with a global network of wholly owned operations, franchisees, licensees and alliance partners. As the largest seller of office products around the world, the Company operates under the Office Depot, Viking Office Products, Viking Direct and 4Sure.com brand names.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Pep has Calamity Bravo's back as City reach q-finals
Ultimately, Huddersfield was outclassed, which was to be predicted after making nine changes from its first-choice lineup. Soon at it again Aguero assisted Pablo Zabaleta sealing the victory within the first half.

David Moyes relishing his Everton return with Sunderland
I wanted them to take the ball a bit more and be braver in the second half and I thought we did that. Romelu Lukaku in particular seems to be on a hot streak, scoring 9 goals in his last 10 games.

The Bachelor: People Were Sad/Thrilled That Corinne Got Sent Home
Man, I understand that even if Nick loves Raven , he can't explicitly reciprocate, since that blows the whole show, but still. Maybe don't fish for it right now! I will admit that it did look a lot more promiscuous than i think it did.

Le'Veon Bell franchise tagged Monday
Negotiations on a long-term deal are expected to continue and terms could be agreed upon before the start of the 2017 season. The Steelers have never used the exclusive franchise tag , which blocks Bell from negotiating with other teams.

Katy Perry & Orlando Bloom Split, Taking a 'Loving' Break
Moreover, sources revealed that Erin swapped her place card just to sit near the actor. Engagement rumors were constantly part of Katy and Orlando's year of romance.

Transgender wrestler's state bid spotlights Texas policy
Beggs is transitioning from female to male and wants to wrestle boys according to his grandmother, but UIL rules won't let him. In the lawsuit against the UIL , it claims allowing Beggs to compete puts other girls at an "imminent threat of bodily harm".

Jefferies Group Weighs in on Domino's Pizza Inc's FY2018 Earnings (DPZ)
Analysts await Domino's Pizza Inc (NASDAQ: DPZ ) to report earnings on Feb, 28 for the fiscal quarter ending Dec 2016. Oasis Management Co Ltd. acquired a new stake in shares of Domino's Pizza during the second quarter worth $5,190,000.

Nurse accused of secretly recording eight patients
Nude videos and photos of seven other patients who had all come under Close's care were subsequently found on his iPhone. James Close, a 45-year-old licensed practical nurse, was the technician assigned to help the teen during her treatments.

Mets to keep David Wright from throwing because of shoulder impingement
Reyes posted a.267/.326/.443 slash with 25 extra base hits, including eight home runs, in 60 games last season. Another baseball season is upon us, and unfortunately, so is another David Wright injury.

Trump prepares to issue new travel ban
Four officials said to the news agency that the decision followed pressure from the Pentagon and State Department. A senior administration official told CNN that they don't want to undercut coverage of the president's speech.

Australia bounces back to robust GDP growth
He said in the mid-year economic and fiscal outlook Treasury projected 2.75% growth in 2017-18. The economy shrunk by 1.3% in the fourth quarter alone, the figures showed.

Joel Embiid out indefinitely, set for MRI on injured knee
The bone marrow procedure is somewhat common and Simmons is expected to return to training later this week. Embiid, the No. 3 overall pick in 2014, missed the first two seasons while recovering from foot surgery.

Doctors issue new warning about marijuana
In the USA , many parents believe that pot use is harmless and it could not affect their children. The adverse effects of marijuana have been well documented.

Swedes never heard of Fox News' Swedish 'security advisor'
So until O'Reilly addresses the situation tomorrow, Twitter has its own best guesses, theories and snipes about Bildt. " We do not know who he is ", it told the Swedish daily.

8-year-old shot to death moments after surviving auto crash
After the impact, a female driver in one of the cars suddenly whipped out a gun, and started blasting away, local police said. After the crash, authorities said the driver of the sedan got out of the vehicle and opened fire, hitting Atkins.


More News

News
More News