BOCA RATON, Fla. and ASHBURN, Va., June 24, 2024 (GLOBE NEWSWIRE) -- Office Depot, an operating company of The ODP Corporation and a leading omnichannel retailer dedicated to helping its small business, home office and education customers live more productive and organized lives, and Telos Corporation (NASDAQ:TLS), an authorized TSA PreCheck® enrollment provider, today announced additional TSA PreCheck enrollment locations with the opening of five new locations at Office Depot retail stores in Georgia, Tenn ...

ODP Corp. (ODP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The ...

More than 4 million new MRO, office supply, medical education and safety products have been added for online purchase using cooperative contracts FRANKLIN, Tenn., June 20, 2024 /PRNewswire/ -- OMNIA Partners, the country's largest public and private group purchasing organization, today announced a major expansion of OPUS – the company's free e-commerce platform that provides public sector and nonprofit agencies access to industry-leading pricing and contract terms across hundreds of suppliers. OPUS users ca ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

ODP Corp. (ODP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this office supply retailer have returned -1.4%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Retail - Miscellaneous industry, which ODP Corp. falls in, has lost 0.2%. The key question now is: What could be the stock's future direc ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 10th:Powell Industries (POWL) : This metal-working shop which support the petrochemical facilities, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.Powell Industries has a PEG ratio of 1.26 compared with 1.44 for the industry. The company possesses a Growth Score of A.The ODP Corporation (ODP) : T ...

A downtrend has been apparent in ODP Corp. (ODP) lately. While the stock has lost 10.7% over the past four weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for t ...

ODP Corp. (ODP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this office supply retailer have returned -25.4% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Retail - Miscellaneous industry, to which ODP Corp. belongs, has gained 2% over this period. Now the key question is: Where could the stock be headed in the near term?Although media re ...

Core Insights - Value investing provides an opportunity to acquire overlooked stocks trading at low multiples, with the price-to-book (P/B) ratio being a useful metric for identifying such stocks [1][3] - The P/B ratio is calculated by dividing market capitalization by book value of equity, helping to identify undervalued stocks with high growth potential [1][3] - A P/B ratio of less than one indicates a stock is undervalued, while a ratio greater than one suggests it may be overvalued [3][4] Book Value - Book value represents the total value remaining for shareholders if a company were to liquidate its assets after settling all liabilities, calculated by subtracting total liabilities from total assets [2] - Intangible assets should be excluded from total assets to accurately determine book value [2] P/B Ratio Analysis - The P/B ratio should be compared within industries for better context, as a standalone number may not provide sufficient insight [3][5] - A P/B ratio below one can indicate weak asset returns or overstated assets, while a ratio above one may suggest the stock is a takeover target [4] Screening Parameters - Stocks with a P/B ratio lower than the industry median may have potential for price appreciation [6] - Additional screening metrics include P/S ratio, P/E ratio, PEG ratio, minimum price thresholds, trading volume, Zacks Rank, and Value Score [7][8] Stock Examples - KB Home (KBH) has a projected 3-5 year EPS growth rate of 11.06%, Zacks Rank 2, and Value Score A [9] - Qifu Technology (QFIN) has a projected EPS growth rate of 10.87%, Zacks Rank 2, and Value Score A [9] - ODP Corporation (ODP) has a projected EPS growth rate of 14.0%, Zacks Rank 1, and Value Score A [10] - Tri Pointe Homes (TPH) has a projected EPS growth rate of 13.0%, Zacks Rank 1, and Value Score A [10] - Gray Television (GTN) has a projected EPS growth rate of 10.0%, Zacks Rank 1, and Value Score A [10]

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...