Group 1: Stock Performance - ODP Corp. (ODP) shares decreased by 4.53% to $17.29, which was less than the S&P 500's daily loss of 1.13% [1] - Over the last month, ODP's shares increased by 0.67%, outperforming the Retail-Wholesale sector's loss of 1.63% but underperforming the S&P 500's gain of 3.55% [1] Group 2: Earnings and Revenue Estimates - ODP Corp. is projected to report earnings of $0.33 per share, reflecting a year-over-year decline of 41.07%, with revenue expected to be $1.57 billion, down 8.39% from the prior-year quarter [2] - For the full year, analysts expect earnings of $3.03 per share and revenue of $6.58 billion, indicating changes of -8.18% and -5.83% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for ODP Corp. are important as they reflect short-term business trends and analysts' confidence in performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks ODP Corp. as 1 (Strong Buy) [6] Group 4: Valuation Metrics - ODP Corp. is trading at a Forward P/E ratio of 5.99, significantly lower than the industry average of 13.17, indicating a discount [7] - The company's PEG ratio is 0.43, compared to the Retail-Miscellaneous industry's average PEG ratio of 2.63 [7] Group 5: Industry Context - The Retail-Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 57, placing it in the top 24% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
ODP Corp. (ODP) Falls More Steeply Than Broader Market: What Investors Need to Know