Is Office Depot stock a good buy?
ODP has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Is Office Depot in financial trouble?
Based on the latest financial disclosure, Office Depot has a Probability Of Bankruptcy of 39.0%. This is 5.77% lower than that of the Consumer Cyclical sector and 45.41% higher than that of the Specialty Retail industry.
Did Office Depot do a reverse stock split?
(NASDAQ: ODP) (the “Company”), a leading provider of business services and supplies, products and technology solutions through an integrated B2B distribution platform, today announced that its Board of Directors has approved a reverse stock split of the Company's common stock at a ratio of 1-for-10, to become effective ...
Is Office Depot publicly traded?
The ODP Corporation is an American office supply holding company headquartered in Boca Raton, Florida....The ODP Corporation.Office Depot's corporate headquarters in Boca Raton, FloridaTypePublicTraded asNasdaq: ODP S&P 600 componentIndustrySpecialty retailFounded202016 more rows
Is Office Depot being sold?
USR Parent in November, 2021 said its non-binding $1-billion cash offer to purchase ODP's consumer business, including its Office Depot and OfficeMax retail stores business, the Company's direct channel business, and the Office Depot and OfficeMax intellectual property, including all brand names, remained in play.
Who is trying to buy Office Depot?
In November, USR Parent Inc, the parent of Staples and a portfolio company of private equity firm Sycamore Partners, reaffirmed its earlier proposal to acquire ODP's consumer business for $1.0 billion in cash.
Is Office Depot changing its name?
Please note, Office Depot recently changed their logo and name. Their name is now “ODP”. Their site is still available on the UND Marketplace with the new logo.
What does ODP stand for with Office Depot?
(“Office Depot”) as the public company trading on Nasdaq under the ticker symbol “ODP”.
What does ODP stand for in ODP business solutions?
Office DepotODP Business Solutions, formerly Office Depot®, is a leading B2B solutions provider serving small, medium, and enterprise level companies, through office supplies, print, workspace interiors, workspace facilities, and technology solutions. For your ever changing, ever evolving world of work.
Who is bigger Staples or Office Depot?
Staples had more than 1,300 locations, while Office Depot had more than 1,500 following its merger with OfficeMax several years prior. Both, though, had committed to closing down locations. Today, Staples has 1,068 locations, and Office Depot has fewer than 1,250.
Is Staples going to buy Office Depot?
The parent company of Staples remains determined to acquire its chief rival. USR Parent reaffirmed its proposal to acquire the consumer business of the ODP Corp., parent of Office Depot and OfficeMax, for $1.0 billion in cash. The proposal was delivered to the company on June 4, 2021, and remains unchanged.
Who is Office Depot owned by?
On February 4, 2015, Office Depot agreed to be acquired by rival Staples for $6.3 billion.
Office Depot Inc stock news
How to buy Office Depot Inc stock on Stash
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About ODP
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Stats
The ODP Corp. operates as a holding company, which engages in the provision of business services, products, and digital workplace technology solutions. It offers tools and resources to its clients to start, grow, and run their business. It operates through the following brands: Office Depot, OfficeMax, CompuCom, and Grabnd&Toy.
What is ODP Corporation?
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What is an X industry?
The ODP Corporation is one of the leading providers of business services, products and digital workplace technology solutions through an integrated B2B distribution platform . The ODP Corporation replaces Office Depot, Inc. as the public company trading on Nasdaq under the ticker symbol — ODP.
Does Office Depot issue fractional shares?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
Does Dan Caplinger have a position in any of the stocks mentioned?
Anyone who owned a number of shares that wasn't a multiple of 10 will receive a small amount of cash in their brokerage accounts. Office Depot won't issue fractional shares, although it's possible that some brokers might take it on themselves to offer them rather than making cash payments.
