ODP (ODP) to Release Quarterly Earnings on Wednesday

ODP (NASDAQ:ODP) 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 interested in registering for the company’s conference call can do so using this link.

ODP Trading Down 3.8 %

ODP stock opened at $19.41 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.92. The company’s 50-day simple moving average is $23.13 and its 200 day simple moving average is $26.80. ODP has a 52 week low of $19.35 and a 52 week high of $58.13. The company has a market capitalization of $584.59 million, a PE ratio of -21.33, a price-to-earnings-growth ratio of 0.35 and a beta of 1.38.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ODP shares. UBS Group decreased 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. StockNews.com downgraded shares of ODP from a “buy” rating to a “hold” rating in a research note on Friday, January 31st.

About ODP

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.