Institutional Holdings and Trade Data for Office Depot, Inc. (ODP)

In the past 52-week period, shares of Office Depot, Inc. (NASDAQ:ODP) have moved within the range of $2.97 to $6.26. On the stock’s most recent trading day, the company’s shares ended the regular session at $3.18, which is 49.2% higher than its 52-week high.

Office Depot, Inc. (ODP) has demonstrated a 20-day simple moving average (SMA) of -1.81%, and a 50-day SMA of -15.13%. This public company’s current market capitalization stands at $1.68 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Office Depot, Inc. (ODP) is Hold.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Office Depot, Inc. (ODP) delivered a 0.36% surprise with its net revenue. Sales reached $2.62 billion during the three-month period, compared to the average analyst estimate of $2.61 billion.

Meanwhile, during the same quarter Office Depot, Inc. (ODP) delivered a 4.87% earnings surprise. Net earnings for the quarter were posted at $0.14 per share, whereas Wall Street had forecast $0.13 per share.

Ownership at Office Depot, Inc. (ODP), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Office Depot, Inc. (ODP) has 0 billion shares outstanding currently, 95.06% of which belong to institutional investors. Those institutional holdings amount to $1.56 billion.

Additionally, according to the most recent 13F filing from Office Depot, Inc. (ODP), there were 26 new positions totaling 2,450,360 shares of the company’s stock. There were 51 sold out positions, on the other hand, totaling 17,346,467 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Office Depot, Inc. (ODP) has had a 20-day average volume of 5,585,962 shares, with an average of 80% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 5,479,395 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 5,729,162 shares with 67% of long-term indicators pointing to Sell.