ODP Corp. (ODP) Flat As Market Gains: What You Should Know

Company Performance - ODP Corp. closed at 22.35, unchanged from the previous session, underperforming the S&P 500 which gained 0.16% [1] - Over the past month, ODP shares have declined by 21%, significantly worse than the Retail-Wholesale sector's loss of 4.61% and the S&P 500's loss of 2.7% [1] Financial Expectations - Analysts expect ODP Corp. to report earnings of 0.80 per share, reflecting a year-over-year decline of 13.04% [2] - Revenue is anticipated to be $1.59 billion, indicating an 11.77% drop compared to the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for ODP Corp. should be monitored as they reflect short-term business trends [3] - Positive estimate revisions are seen as a sign of optimism regarding the company's business outlook [3] Valuation Metrics - ODP Corp. has a Forward P/E ratio of 5.13, which is below the industry average of 11.65, indicating it is trading at a discount [6] - The company has a PEG ratio of 0.37, compared to the industry average of 1.18, suggesting favorable valuation relative to expected earnings growth [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 142, placing it in the bottom 44% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]