Noble Financial Issues Negative Outlook for ODP Earnings

The ODP Co. (NASDAQ:ODP) – Noble Financial lowered their Q1 2025 earnings per share (EPS) estimates for shares of ODP in a research report issued on Tuesday, March 4th. Noble Financial analyst J. Gomes now anticipates that the specialty retailer will post earnings per share of $0.58 for the quarter, down from their previous forecast of $1.35. The consensus estimate for ODP’s current full-year earnings is $3.26 per share. Noble Financial also issued estimates for ODP’s Q2 2025 earnings at $0.23 EPS and FY2025 earnings at $2.58 EPS.

ODP (NASDAQ:ODP) last released its quarterly earnings data on Wednesday, February 26th. The specialty retailer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.14). The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.61 billion. ODP had a negative net margin of 0.52% and a positive return on equity of 12.15%.

A number of other research analysts have also recently weighed in on the company. StockNews.com cut ODP from a “buy” rating to a “hold” rating in a report on Friday, February 28th. UBS Group cut their price objective on ODP from $30.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th.

ODP Price Performance

ODP stock opened at $14.72 on Thursday. ODP has a 52-week low of $13.44 and a 52-week high of $53.56. The stock has a market capitalization of $438.91 million, a price-to-earnings ratio of -16.18, a price-to-earnings-growth ratio of 0.30 and a beta of 1.38. The company has a quick ratio of 0.47, a current ratio of 0.92 and a debt-to-equity ratio of 0.28. The stock’s fifty day simple moving average is $21.30 and its 200-day simple moving average is $25.97.

Institutional Trading of ODP

Several hedge funds and other institutional investors have recently bought and sold shares of ODP. Atlas FRM LLC bought a new stake in ODP in the fourth quarter valued at about $17,856,000. Weiss Asset Management LP boosted its stake in ODP by 2,219.3% in the third quarter. Weiss Asset Management LP now owns 571,151 shares of the specialty retailer’s stock valued at $16,992,000 after acquiring an additional 546,525 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in ODP by 105.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 788,084 shares of the specialty retailer’s stock valued at $17,921,000 after acquiring an additional 404,041 shares during the period. Toronto Dominion Bank acquired a new position in ODP in the fourth quarter valued at approximately $7,149,000. Finally, Findell Capital Management LLC acquired a new position in ODP in the fourth quarter valued at approximately $5,571,000. 99.56% of the stock is owned by institutional investors.

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.