Stock Price & Analysis

ODP

0.000

0.000(0%)6M

ODP Stock Price Chart

YTD

ODP Key Stats

High

15.960

Vol

512.03K

Low

14.810

Amount

7.75M

Open

15.960

VWAP

15.14

Mkt Cap

443.38M

EV/EBITDA(TTM)

2.19

ODP Company Profile

The ODP Corporation is a holding company that provides business services and supplies, products and digital workplace technology solutions to small, medium-sized, and enterprise businesses. The Company operates under four Divisions: ODP Business Solutions Division, Office Depot Division, Veyer Division, and Varis Division. Its ODP Business Solutions Division sells nationally branded, as well as the Company's private branded, office supply and adjacency products and services to customers. The Company's Office Depot Division is a provider of retail consumer and small business products and services distributed through an omnichannel platform. Its Veyer Division specializes in B2B and consumer business service delivery, with distribution, fulfillment, transportation, global sourcing, and purchasing. The Company’s Varis Division is focused on offering a B2B-centric digital commerce platform and provides the procurement controls and visibility businesses require to operate.

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ODP Technical Analysis

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ODP Fundamental Analysis

buy

Moderate Buy

Buy

Hold

Sell

High

35.00

Averages

35.00

Low

35.00

Analyst

Rating

Action

Price Target

Date

Rating Reason

UBS

Michael Lasser

Hold

Maintains

$30 → $28

2024-11-07

UBS

Michael Lasser

Hold

Maintains

$53 → $30

2024-08-08

UBS

Michael Lasser

Hold

Maintains

$53 → $56

2023-11-09

Noble Capital Markets

Joe Gomes

Buy

Initiates

$65

2023-08-23

B. Riley Securities

Jeff Lick

Strong Buy

Maintains

$60 → $65

2023-08-10

Analyst	Rating	Action	Price Target	Date	Rating Reason

UBS Michael Lasser	Hold	Maintains	$30 → $28	2024-11-07	UBS
UBS Michael Lasser	Hold	Maintains	$53 → $30	2024-08-08
UBS Michael Lasser	Hold	Maintains	$53 → $56	2023-11-09
Noble Capital Markets Joe Gomes	Buy	Initiates	$65	2023-08-23
B. Riley Securities Jeff Lick	Strong Buy	Maintains	$60 → $65	2023-08-10

ODP Earnings Analysis

ODP Corp Corporation (ODP.O) Q4 2024 Earnings Conference Call

Positive

B2B Transformation Progress: The ODP Corporation is making significant progress in its B2B transformation, which is expected to unlock sustainable growth and long-term success.
Strategic Hospitality Partnership: The company has secured a landmark agreement with a leading hospitality management company, marking a pivotal step into the $16 billion hospitality supply industry.
Supply Chain Competitive Advantage: ODP's supply chain and distribution capabilities are recognized as key competitive advantages, enabling the company to expand into new and growing industry segments.
B2B Growth Strategy: The company has launched the Optimize for Growth restructuring plan, aimed at accelerating revenue growth in the B2B sector while reducing reliance on retail operations.
New B2B Contract Success: Despite facing challenges, ODP has secured large and profitable new B2B contracts, including the largest enterprise contract in its history valued at up to $1.5 billion over 10 years.
Supply Chain Revenue Surge: The Supply Chain Business has seen impressive growth, with third-party revenue up 150% compared to the previous year, indicating strong demand for its services.
Future Performance Outlook: The company is optimistic about its long-term trajectory, expecting stabilization and improvement in topline performance for ODP Business Solutions in future quarters.

Negative

Revenue Decline Analysis: Total revenue decreased by 10% in Q4 2024 compared to the previous year, primarily due to lower sales in the retail business and reduced consumer traffic.
Operating Income Decline: GAAP operating income fell to $20 million in Q4 2024 from $52 million in the prior year, reflecting significant challenges in the retail segment.
Net Income Decline: Adjusted net income from continuing operations dropped to $20 million or $0.66 per diluted share, down from $43 million or $1.13 per diluted share in the previous year.
Decline in Operating Cash Flow: Operating cash flow from continuing operations decreased to $34 million in Q4 2024, down from $71 million in the same period last year, indicating a decline in cash generation capabilities.
Revenue Decline Challenges: ODP Business Solutions faced a challenging year with revenue down 9% in Q4 2024, influenced by high inflation, corporate layoffs, and reduced enterprise spending.
Revenue Decline Analysis: Office Depot's revenue for Q4 2024 was $784 million, a 13% decline due to fewer stores in service and lower consumer demand, with comparable store sales down 8%.
Asset Impairment Charges: The company recorded $12 million in charges related to non-cash asset impairments, indicating financial strain in managing retail locations.
Sales Decline Analysis: The overall company sales for the year were $7 billion, down from $7.8 billion in the prior year, reflecting ongoing struggles in both retail and B2B segments.

Positive

B2B Transformation Progress: The ODP Corporation is making significant progress in its B2B transformation, which is expected to unlock sustainable growth and long-term success.
Strategic Hospitality Partnership: The company has secured a landmark agreement with a leading hospitality management company, marking a pivotal step into the $16 billion hospitality supply industry.
Supply Chain Competitive Advantage: ODP's supply chain and distribution capabilities are recognized as key competitive advantages, enabling the company to expand into new and growing industry segments.
B2B Growth Strategy: The company has launched the Optimize for Growth restructuring plan, aimed at accelerating revenue growth in the B2B sector while reducing reliance on retail operations.
New B2B Contract Success: Despite facing challenges, ODP has secured large and profitable new B2B contracts, including the largest enterprise contract in its history valued at up to $1.5 billion over 10 years.
Supply Chain Revenue Surge: The Supply Chain Business has seen impressive growth, with third-party revenue up 150% compared to the previous year, indicating strong demand for its services.
Future Performance Outlook: The company is optimistic about its long-term trajectory, expecting stabilization and improvement in topline performance for ODP Business Solutions in future quarters.

Negative

Revenue Decline Analysis: Total revenue decreased by 10% in Q4 2024 compared to the previous year, primarily due to lower sales in the retail business and reduced consumer traffic.
Operating Income Decline: GAAP operating income fell to $20 million in Q4 2024 from $52 million in the prior year, reflecting significant challenges in the retail segment.
Net Income Decline: Adjusted net income from continuing operations dropped to $20 million or $0.66 per diluted share, down from $43 million or $1.13 per diluted share in the previous year.
Decline in Operating Cash Flow: Operating cash flow from continuing operations decreased to $34 million in Q4 2024, down from $71 million in the same period last year, indicating a decline in cash generation capabilities.
Revenue Decline Challenges: ODP Business Solutions faced a challenging year with revenue down 9% in Q4 2024, influenced by high inflation, corporate layoffs, and reduced enterprise spending.
Revenue Decline Analysis: Office Depot's revenue for Q4 2024 was $784 million, a 13% decline due to fewer stores in service and lower consumer demand, with comparable store sales down 8%.
Asset Impairment Charges: The company recorded $12 million in charges related to non-cash asset impairments, indicating financial strain in managing retail locations.
Sales Decline Analysis: The overall company sales for the year were $7 billion, down from $7.8 billion in the prior year, reflecting ongoing struggles in both retail and B2B segments.