Noble Financial Comments on ODP's Q2 Earnings (NASDAQ:ODP)

The ODP Co. (NASDAQ:ODP - Free Report) - Equities researchers at Noble Financial issued their Q2 2025 earnings per share estimates for shares of ODP in a note issued to investors on Thursday, November 7th. Noble Financial analyst J. Gomes expects that the specialty retailer will post earnings per share of $0.87 for the quarter. The consensus estimate for ODP's current full-year earnings is $3.45 per share.

ODP (NASDAQ:ODP - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The specialty retailer reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $1.20 by ($0.64). The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.76 billion. ODP had a negative net margin of 0.52% and a positive return on equity of 12.15%. The company's quarterly revenue was down 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 earnings per share.

Other equities analysts have also recently issued reports about the company. UBS Group reduced their target price on ODP from $30.00 to $28.00 and set a "neutral" rating on the stock in a research note on Thursday. StockNews.com upgraded shares of ODP from a "hold" rating to a "buy" rating in a research report on Thursday.

ODP Price Performance

Shares of ODP stock traded up $0.22 during trading on Friday, reaching $27.95. 494,613 shares of the stock were exchanged, compared to its average volume of 527,391. The stock's fifty day moving average is $29.89 and its 200 day moving average is $35.95. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.43 and a current ratio of 0.92. ODP has a 1 year low of $23.69 and a 1 year high of $58.98.

Institutional Trading of ODP

A number of hedge funds and other institutional investors have recently modified their holdings of ODP. CWM LLC boosted its holdings in ODP by 81.3% in the second quarter. CWM LLC now owns 941 shares of the specialty retailer's stock worth $37,000 after acquiring an additional 422 shares in the last quarter. Quarry LP raised its holdings in ODP by 170.3% in the second quarter. Quarry LP now owns 1,092 shares of the specialty retailer's stock worth $43,000 after buying an additional 688 shares during the last quarter. KBC Group NV grew its holdings in shares of ODP by 88.9% during the third quarter. KBC Group NV now owns 1,844 shares of the specialty retailer's stock valued at $55,000 after buying an additional 868 shares during the last quarter. Innealta Capital LLC purchased a new position in ODP in the 2nd quarter worth approximately $68,000. Finally, Gladius Capital Management LP boosted its stake in ODP by 227.8% during the 2nd quarter. Gladius Capital Management LP now owns 2,180 shares of the specialty retailer's stock valued at $86,000 after purchasing an additional 1,515 shares during the last quarter. 99.56% of the stock is owned by hedge funds and other institutional investors.

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.