ODP Stock Dips 5% Amidst Retail Sector Decline

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Dec 16, 2024
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ODP Corporation (ODP, Financial) experienced a significant stock movement with a 5.01% drop. The stock is currently priced at $26.19 per share, with a trading volume of 285,688 shares and a turnover rate of 0.95%. Recent financial reports show revenue of $1.78 billion, net income of $68 million, and earnings per share of $1.88. The company's gross profit is $364 million, with a negative P/E ratio of 29.10.

Among analysts, 33% recommend buying, while 67% suggest holding. The retail sector, where ODP operates, saw an overall decline of 0.18%. ODP's business divisions include B2B solutions, retail services, supply chain management, and a tech-enabled B2B marketplace.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.