ODP (ODP) Expected to Announce Earnings on Wednesday

ODP (NASDAQ:ODP - Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $1.61 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

ODP Stock Performance

Shares of NASDAQ:ODP traded up $0.04 during midday trading on Friday, reaching $18.11. 517,020 shares of the company's stock traded hands, compared to its average volume of 419,430. The company has a market cap of $545.47 million, a price-to-earnings ratio of -19.90, a P/E/G ratio of 0.31 and a beta of 1.38. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.92. ODP has a one year low of $17.74 and a one year high of $58.13. The stock has a 50 day moving average of $22.75 and a 200 day moving average of $26.69.

Analyst Ratings Changes

A number of research firms recently commented on ODP. UBS Group reduced their price objective on ODP from $30.00 to $28.00 and set a "neutral" rating for the company in a research report on Thursday, November 7th. StockNews.com cut ODP from a "buy" rating to a "hold" rating in a research report on Friday, January 31st.

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.