Investors and Traders continue to monitor technical levels of shares of Office Depot, Inc. First Quadrant L P CA's holdings in Office Depot were worth $652,000 as of its most recent SEC filing. Shell Asset Management Co. purchased a new stake in Office Depot during the third quarter worth $1,073,000. The Beta factor for the stock is listed at 2.27. Ellington Management Group LLC bought a new stake in Office Depot during the fourth quarter worth $112,000. Thrivent Financial for Lutherans now owns 91,280 shares of the specialty retailer's stock worth $413,000 after buying an additional 5,890 shares during the period. The mean EPS estimate is $0.33. Mitsubishi UFJ Trust & Banking Corp now owns 25,787 shares of the specialty retailer's stock worth $120,000 after buying an additional 4,202 shares in the last quarter.
Office Depot (NASDAQ:ODP) last announced its quarterly earnings results on Tuesday, May 9th. Given that liquidity is king in short-term, SEDG is a stock with 41.83 million shares outstanding that normally trades 17.91% of its float. Finally, Alambic Investment Management L.P. raised its position in Office Depot by 43.3% in the third quarter. Jacobs Levy Equity Mngmt holds 0.03% in Office Depot Inc (NASDAQ:ODP) or 303,700 shares. 3,136,498 shares of the stock traded hands.
Office Depot, Inc. has a 50 day moving average of 4.90 and a 200 day moving average of 4.62.
The stock volatility for week was 3.98% while for month was 3.32%.The stock, as of last close, traded 74.41% to its 52 week low and was changed -6.32% from its 52 week high. The company has market cap of $2.60 billion. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.04. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. The price index is calculated by dividing the current share price by the share price ten months ago. Finally, Loop Capital restated a "hold" rating and set a $5.00 price target on shares of Office Depot in a research report on Monday, February 27th. The Lower end of the earnings estimate is $0.06, while the higher end of the earnings estimate is $0.11. Stockholders of record on Thursday, May 25th will be paid a dividend of $0.025 per share. Bloomin' Brands, Inc. (NasdaqGS:BLMN) presently has a 10 month price index of 1.20856. The ex-dividend date of this dividend is Tuesday, May 23rd. The price to earnings growth is 0.37 and the price to sales ratio is 17.
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Stock is now moving with a positive distance from the 200 day simple moving average of approximately 18.4%, and has a solid year to date (YTD) performance of 11.95% which means the stock is constantly adding to its value from the previous fiscal year end price. They now have a Dollars 6 price target on the stock.
The stock added in the prior trading session by 0.2%, closing at the stock price of $5.03. Jefferies Group LLC reiterated a hold rating and issued a $4.50 target price on shares of Office Depot in a research note on Friday, March 3rd. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. (ODP) touched the day high at $5.23 while its day Low was at $5.03. Also, insider Michael R. Allison sold 35,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 21st. The stock was sold at an average price of $5.08, for a total transaction of $336,382.36. Insiders have sold 100,402 shares of company stock valued at $460,891 in the last quarter. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Over the past 2 quarters, the stock is down -4.49%, compared with a gain of almost 9.20% for 3 months and about 26.59% for the past 30 days. The disclosure for this purchase can be found here.