ADVFN Logo
Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
ODP Corporation

ODP Corporation (ODP)

26.05
0.87
(3.46%)
Closed November 19 4:00PM
26.05
-0.01
(-0.04%)
After Hours: 7:37PM

Professional-Grade Tools, for Individual Investors.

ODP News

Official News Only

ODP Discussion

View Posts
Monksdream Monksdream 11 months ago
ODP new 52 week high
👍️0
deet49 deet49 3 years ago
ODP Refresher: Office Depot's Cuban property claim The U.S. Foreign Claims Settlement Commission, a unit of the U.S. Justice Department, certified the Cuban Electric claim to be worth $267 million. After 55 years and based on a 6 percent annual interest rate, the asset could be worth four times that certified amount, according to a recently published estimate by The Boston Globe.
The Cuban Electric Co. claim — worth more than $1 billion on paper — is the largest of U.S. company property claims against the Cuban government
https://www.capitalgazette.com/fl-office-depot-staples-cuban-electric-20150721-story.html

FRAZ
👍️0
Briboy Briboy 4 years ago

Boy ODP has been moving the last few months.

Now, a proposal to buy ODP for $40.00/share.

Good News, eh?

Keep on reaching for the stars ODP; you have
exceeded my expectations. Now, HOLD or SELL
for a nice gain ?

Am not boasting.......knock on wood. Am just
thankful to be in the black.

Briboy
👍️0
whytestocks whytestocks 4 years ago
Just In: $ODP Why The ODP Corporation Stock Soared on Thursday

Shares of The ODP Corporation (NASDAQ: ODP) , owner of brands like Office Depot and CompuCom, soared on Thursday after the company reported results for the third quarter of 2020. Total revenue was down year over year but up from last quarter, which investors viewed positively. Furth...

Read the whole news ODP - Why The ODP Corporation Stock Soared on Thursday
👍️0
whytestocks whytestocks 4 years ago
BREAKING NEWS: $ODP The ODP Corporation Announces Third Quarter 2020 Results

Revenue of $2.5 Billion with GAAP EPS of $1.04; Adjusted EPS of $1.80 Dynamic Ecosystem and Diverse Routes to Market Drive Results Significant Cash Flow Generation with $1.7 Billion in Total Available Liquidity Reinstates Share Repurchase Program The ...

Got this from ODP - The ODP Corporation Announces Third Quarter 2020 Results
👍️0
whytestocks whytestocks 4 years ago
News: $ODP The ODP Corporation Announces Completion of Office Depot Holding Company Reorganization and Reverse Stock Split

Office Depot is Now a Subsidiary of the New Public Company, The ODP Corporation Reverse Stock Split Implemented at a 1-for-10 Ratio Effective at 4:01 p.m. EDT on June 30, 2020 The ODP Corporation (“ODP” or the “Company”) (NASDAQ: ODP), a leading provid...

In case you are interested ODP - The ODP Corporation Announces Completion of Office Depot Holding Company Reorganization and Reverse Stock Split
👍️0
Briboy Briboy 4 years ago
I've never met a Reverse Stock Split I liked

but one. In fact, they suck. I've been in this
stock for years, unable to sell at a profit, yet.

Watch for the share price to go down before up to
attract more investors then hopefully it will gain
some steam up to $40 would be nice, eh?

Briboy
👍️0
Actualfactual Actualfactual 4 years ago
Wow. Shorters who made bank are gonna be pisssssed!
👍️0
stock1ace1 stock1ace1 4 years ago
Thats nuts what happend?
👍️0
TheFinalCD TheFinalCD 4 years ago
$ODP has determined to cancel all trades in security Office Depot Inc. (ODP) at and above $2.71 that were executed on Nasdaq between 05:03
👍️0
Briboy Briboy 4 years ago
Clay Trader

I have been following you lately and so far you have
been spot on with the stocks I've been trading.

Unfortunately, my only prob is the difficulty losing
and employing the right stops. I try to be there
and weigh the ifs and whens, then suddenly I find
myself to 'in the hole' to sell. Often times to I
go in and flip one one too many times. Oh well.

On ODP, I have a sizable investment. Consequently,
I've been in this a few years, and the good thing is
I am nearing being even. I still want to and believe
I will profit from this stock.

When I got in......suddenly Amazon comes in to take
a larger slice of the pie, but now, it appears, at least
to me, that Amazon is more 'on the ropes' and is at risk
of losing that slice, which is good news for ODP,
and for me.

My question......sorry for my long winded post, but please
peruse it ha ha

but which is the best time to use drawing trend lines,
upper and lower et.al. At what interval do they work best.
I use a multiple 3 month and 10 day mostly, but also out to
1 year and beyond,

Secondly, if you would, critique ODP's chances to crack
$3.00/share and get in the 3's to stay, up and onward we go.

lastly, I am not ashamed. Many here probably are in my
boat......a trader that makes and loses money, but has not
left the craft because it's the best opportunity to profit
and provide. I can afford to lose all, and because of that,
there is also a sense of urgency to start getting this right.

I appreciate you. You know what you are doing.

Thanks

Briboy
👍️0
sticker sticker 5 years ago
Hey Deet, what does this have to do with Office Depot? Honest question.
👍️0
deet49 deet49 5 years ago
ODP https://www.justice.gov/fcsc/cuba/documents/1501-3000/2578.pdf
https://www.akerman.com/en/perspectives/helms-burton-title-iii-comes-to-life.html

https://www.france24.com/en/20190502-cubans-ready-sue-us-courts-confiscated-properties
The Cuban Electric Co. claim — worth more than $1 billion — is the largest of U.S. company property claims against the Cuban government

The U.S. Foreign Claims Settlement Commission, a unit of the U.S. Justice Department, certified the Cuban Electric claim to be worth $267 million. After 55 years and based on a 6 percent annual interest rate, the asset could be worth four times that certified amount, according to a recently published estimate by The Boston Globe.

https://www.washingtonpost.com/news/worldviews/wp/2015/12/08/the-20-largest-u-s-property-claims-in-cuba/

CUBA
👍️0
Deweynami Deweynami 5 years ago
Excellent point, that’s 82 million cash on hand to work with, and a 735 million elimination of debt
👍️0
Axolotl Axolotl 5 years ago
Those Timber Note receivables come due this month. The company expects to net $82 million from that.

Should really beef up the balance sheet, hopefully they flip some of that into the share buyback.

I'm sitting comfy with my $ODP stack. Writing those covered calls.

Such a lucrative play.
👍️0
whytestocks whytestocks 5 years ago
$ODP short squeeze signal Office Depot Inc Nasdaq Odp Short Squeeze
👍️0
jonny_red jonny_red 5 years ago
3 Penny Stocks Soaring This Week: Time to Buy Or Sell?

$FCEL $SCOR $ODP

https://www.transparenttraders.me/2019/11/3-penny-stocks-soaring-this-week-time.html
👍️0
whytestocks whytestocks 5 years ago
News: $ODP Office Depot, Inc. (ODP) Q3 2019 Earnings Call Transcript

Image source: The Motley Fool. Office Depot, Inc.   (NASDAQ: ODP) Q3 2019 Earnings Call Nov 6, 2019 , 9:00 a.m. ET Operator Continue reading

Read the whole news ODP - Office Depot, Inc. (ODP) Q3 2019 Earnings Call Transcript
👍️0
whytestocks whytestocks 5 years ago
News: $ODP Why Office Depot Stock Popped Today

Shares of Office Depot (NASDAQ: ODP) were up 14.4% as of 3:15 p.m. EST Wednesday after the office supply retailer announced better-than-expected third-quarter earnings.  Sales declined 3.6% year over year to $2.78 billion, translating into adjusted net income of $84 million, or $0.15 p...

In case you are interested ODP - Why Office Depot Stock Popped Today
👍️0
whytestocks whytestocks 5 years ago
News: $ODP Market Movers: Oncolytics Biotech, Xerox and Office Depot

Oncolytics Biotech Gains on Publication of Positive REO 024 Study Results Oncolytics Biotech (NASDAQ:ONCY) (TSX:ONC) shares were higher after to the company announced that positive results from its previously announced phase 1b REO 024 study of pelareorep in combination with pembrolizumab...

Read the whole news ODP - Market Movers: Oncolytics Biotech, Xerox and Office Depot
👍️0
whytestocks whytestocks 5 years ago
News: $ODP Office Depot Announces Third Quarter 2019 Results

Disciplined focus on profitability drives strong operating results and cash flow generation Third Quarter 2019 Highlights Total Reported Sales of $2.8 Billion, down 4% from Prior Year Period BSD and CompuCom divisions combined represent approximately 60% of total revenues ...

In case you are interested ODP - Office Depot Announces Third Quarter 2019 Results
👍️0
whytestocks whytestocks 5 years ago
News: $ODP Office Depot Increases and Extends Existing Stock Repurchase Program and Declares Quarterly Cash Dividend of $0.025 Per Share

Stock Repurchase Program increased to $200 million Office Depot, Inc. (NASDAQ:ODP), a leading provider of business services and supplies, products and technology solutions , today announced that as part of its ongoing commitment to drive shareholder value, its Board of Directors appro...

Find out more ODP - Office Depot Increases and Extends Existing Stock Repurchase Program and Declares Quarterly Cash Dividend of $0.025 Per Share
👍️0
whytestocks whytestocks 5 years ago
News: $ODP Office Depot, Inc. Announces Review of Potential Holding Company Reorganization

Office Depot, Inc. (“Office Depot” or the “Company”) (NASDAQ: ODP), a leading integrated business-to-business distribution platform of business services and supplies, today announced that its Board of Directors has approved a feasibility review of the implementatio...

Find out more ODP - Office Depot, Inc. Announces Review of Potential Holding Company Reorganization
👍️0
Axolotl Axolotl 5 years ago
Over 100 million unique sessions on office $ODP's e-commerce platform as they use modern AI and big data to drive product recommendations.

https://software.intel.com/en-us/articles/real-time-product-recommendations-for-office-depot-using-apache-spark-and-analytics-zoo-on
👍️0
derek4 derek4 5 years ago
Exactly!! ODP was $1.22 about a month ago and has worked to improve the internals significantly... this is a no brainer... yet people seemed to be ignoring it... too bad! This was a $3.50+ stock in May 2019... returning to that direction... no way will this stay a $1 stock... do the DD
👍️0
Axolotl Axolotl 5 years ago
Can't believe there aren't more people taking advantage of the based opportunity that exists here at $ODP.

Greater than 5% yield on the dividend, which has been covered by earnings for quite a while.

Coupled with a healthy options market. You can easily push your earnings up to 30%+ yearly with $ODP.

On top of all that, the stock is likely to experience a turn around if management continues on their turn around execution.
👍️0
ClayTrader ClayTrader 5 years ago
* * $ODP Video Chart 09-09-2019 * *

Link to Video - click here to watch the technical chart video

👍️0
Axolotl Axolotl 5 years ago
Office Depot is selling for clown world prices.

Even at $2 but now that it's selling at bankruptcy prices it's looking even better.

Hopefully we'll get word that the company is executing some more on that share buy back.
👍️0
derek4 derek4 5 years ago
If you did not see 2Q results presentation last month, here's a look...

https://seekingalpha.com/article/4282676-office-depot-inc-2019-q2-results-earnings-call-slides
👍️0
ClayTrader ClayTrader 5 years ago
* * $ODP Video Chart 09-05-2019 * *

Link to Video - click here to watch the technical chart video

👍️0
whytestocks whytestocks 5 years ago
News: $ODP Office Depot to Present at Goldman Sachs Global Retailing Conference Thursday, September 5, 2019

Office Depot, Inc. (NASDAQ:ODP), a leading B2B integrated distribution platform of business services and supplies , today announced that it will be presenting at the Goldman Sachs Global Retailing Conference in New York City. Tim Perrott, vice president investor relations, will present a...

Got this from ODP - Office Depot to Present at Goldman Sachs Global Retailing Conference Thursday, September 5, 2019
👍️0
derek4 derek4 5 years ago
Interesting #2:

In the last 12 months. a little over 1.9 million shares have been PURCHASED by insiders.

https://www.nasdaq.com/symbol/odp/insider-trades
👍️0
derek4 derek4 5 years ago
From: 5 Beaten Down ETFs & Stocks to Buy Now (08/20/2019)

https://finance.yahoo.com/news/5-beaten-down-etfs-stocks-153503240.html

"Office Depot Inc. ODP — Down 27.6%

"With a market cap of $786.8 million, it provides business services and supplies, products and technology solutions. The stock saw positive earnings estimate revision of a couple of cents for this year over the past 30 days with an expected growth rate of 5.71%. It has a Zacks Rank of 2 and an impressive VGM Score of A."
👍️0
derek4 derek4 5 years ago
Sometimes it seems like ODP is being used as an ATM... moving between 1.38 and 1.50. Buy a few thousand shares... move 12 cents... take a few hundred home... repeat after another quick drop
👍️0
derek4 derek4 5 years ago
Sometimes it seems like ODP is being used as an ATM... moving between 1.38 and 1.50. Buy a few thousand shares... move 12 cents... take a few hundred home... repeat after another quick drop
👍️0
derek4 derek4 5 years ago
It appears there are those who feel that ODP is undervalued despite its difficulties and are slowly accumulating shares and moving the price higher.

Has it ceased its downtrend from about 2.20 since the first week of July? Can it return to its 3.60 in April... 6.2M in volume today... someone's paying attention
👍️0
derek4 derek4 5 years ago
Interesting. From a low of 1.33 last Thursday to a 1.54 high so far today with 1.7M shares traded with 4 hours to go...
👍️0
Lishur Lishur 5 years ago
Good move...2020 election ~ ODP busy around the country
👍️0
Lishur Lishur 5 years ago
2.0 to 2.226 coming soon
👍️0
Lishur Lishur 5 years ago
Some highlights from conference call

[color=red][/color] I would point out a bright spot at CompuCom, related to these initiatives and sales incentives we put in place last year result in the lift in hardware sales and associated services and related margins. We exceeded our internal expectations in this area for both sales and margins.

services revenue again grew double-digits in both our BSD and retail segments, a strong signal that our pivot to services continue to make progress. We're also continuing to make progress on other transformation initiatives, unlocking the value of our assets including expanding the use of our supply chain to serve third-parties, utilize their retail footprint to include store within a store, co-working an expanded product offering pilots, as well as through our collaboration efforts like the recently announced relationship with alibaba.com.

Adjacency categories include Cleaning & Breakroom, Copy & Print, Furniture and Technology products. We began aggressively pursuing this strategy over the last year and a half and have built capabilities across the organization to support this growth opportunity. Cleaning & Breakroom and Copy & Print were the strongest drivers of growth across these categories during the quarter. Adjacency categories account for approximately 36% of total BSD sales and I believe we're still in the early stages of capitalizing on this growth opportunity.

TRUMP 2020~copy print will go together
👍️0
Lishur Lishur 5 years ago
Added 5000 shares @ 1.9
👍️0
Lishur Lishur 5 years ago
I am debating whether i should buy now below $2 or wait .. I dont like that their store is usually empty ..but can they turn around...Lenovo CEO needs to turn around
👍️0
goarmy123 goarmy123 6 years ago
$ODP looses lawsuit! "Retailer Office Depot Inc and software firm Support.com Inc have agreed to pay $35 million to settle U.S. Federal Trade Commission allegations the companies tricked consumers into buying computer repair services, the agency said on Wednesday."

https://www.reuters.com/article/us-office-depot-ftc/office-depot-support-com-pay-35-million-to-settle-ftc-allegations-idUSKCN1R82GA
👍️0
Briboy Briboy 6 years ago
Quarterly and EOY report today not great,
but not bad AT ALL, so far this morning
capturing over a 5% gain; just what I
needed to make some valued decisions. Of
course ODP is poised for a solid year in
2019.

I've made this a long term investment because
I believe in what ODP is doing now to expand
their product, target market and ken to
survive a highly competitive sector or our
economy. At least for now, survive they will.

Briboy
👍️0
Saskey Saskey 6 years ago
10/2: New Strong Buy Stocks for October 2nd (Zacks) Office Depot is on the short list of five stocks to buy.
👍️0
biglued1 biglued1 6 years ago
Good as gold.
👍️0
kittie88 kittie88 6 years ago
Got NEWS from YAHOO https://ca.finance.yahoo.com/news/why-office-depot-odp-could-123612874.html not bad either
👍️0
ClayTrader ClayTrader 6 years ago
* * $ODP Video Chart 08-07-18 * *

Link to Video - click here to watch the technical chart video

👍️0
famous famous 6 years ago
broke 3.00 come on 5.00
👍️0
Saskey Saskey 6 years ago
6/5: Recent Form 4 Filings Show: CFO Bought 20K Shares at $2.39, A Director Bought 10K Shares at $2.39, Board Chairman Bought 58.8K Shares at $2.55 (Benziga)
👍️0

Your Recent History

Delayed Upgrade Clock