|Bid||2.17 x 2300|
|Ask||2.24 x 600|
|Day's range||2.15 - 2.22|
|52-week range||2.00 - 6.26|
|PE ratio (TTM)||6.45|
|Earnings date||7 May 2018 - 11 May 2018|
|Forward dividend & yield||0.10 (4.93%)|
|1y target est||3.10|
– CompuCom Systems, Inc. , a leading provider of managed digital workplace services that is now part of Office Depot, Inc. , today announced that the company has established CompuCom Wholesale, a new vertical providing white-label CompuCom field, lifecycle management and related project services to original equipment manufacturers , independent service vendors , service providers and select large enterprises ...
Office Depot, Inc. (ODP), a leading omnichannel provider of business services and supplies, products and technology solutions, today announced that the company has signed a channel partner agreement with MicroCorp, a premier value-added distributor of telecom and cloud solutions. This marks the expansion of Office Depot’s partner program, bringing its ground-breaking IT services offering to channel partners. “Office Depot delivers enterprise-level managed service solutions, right sized for small businesses.
Analysts covering Office Depot (ODP) stock continue to be on the sidelines. Office Depot has been struggling since the shift to digital has wreaked havoc on the demand of paper-based office supplies. Currently, analysts’ 12-month average target price for Office Depot stock is $3.10, which reflects a 50.5% upside to the stock as of April 10, 2018.
In fiscal 2018, Office Depot expects its adjusted EPS (earnings per share) to fall to $0.30, down 33.3% YoY (year-over-year). Its effective tax rate is likely to be 31%. Analysts expect the company to report adjusted EPS of $0.31, down 31.1% from fiscal 2017.
Office Depot’s (ODP) margin performance is likely to remain under pressure as the company diverts resources toward transforming itself into a services-driven company. Office Depot has cautioned that lower sales and ongoing investments are likely to prove a drag on its adjusted operating income for fiscal 2018. Office Depot expects pro forma sales to fall 5% to $10.6 billion in fiscal 2018.
Office Depot (ODP) is facing two major problems. The company’s store closings are also leading to deflated sales numbers along with lower volumes. For fiscal 2018, Office Depot management has projected a 5% decline in sales to $10.6 billion on a pro forma basis, primarily due to continued struggles in the retail division.
Office Depot (ODP), one of the last surviving office supply retailers, has been seeing a downtrend in its stock for some time. The stock has fallen 41.8% on a YTD (year-to-date) basis as of April 10, 2018. In comparison, its peers Best Buy (BBY) and Target (TGT) have risen 4.7% and 11.6%, respectively, in the same period. Costco (COST) has fallen 1.4% YTD.
CompuCom Systems Inc. , a leading provider of managed digital workplace services that is now part of Office Depot®, Inc. , today announced the company has recertified as a Microsoft® Gold Partner and Cloud Solution Provider .
CompuCom Systems, Inc. , a leading provider of managed digital workplace services that is now part of Office Depot, Inc. , officially opened a first-of-its-kind, 151,000-square-foot Digital Campus/Global Headquarters located in the greater Charlotte, North Carolina area of Fort Mill, South Carolina.
Office Depot (ODP) has undertaken a strategic review of business operating model, growth prospects and cost structure to bring itself back on growth trajectory.
After Fox talk show host Laura Ingraham taunted David Hogg about his college rejection, he started a powerful movement to convince brands to stop advertising on her show. She announced Friday night that she will be taking a week off.
• Recent price: $2.14 • Target price: $3.70 • Timeframe: 1-2 years Investment Thesis: The market is not crediting Office Depot for any of the transformation efforts the company is making, SumZero contributor Hadi Orabi says. The background: Office Depot (ODP) is not at its best times. Just one year ago, the company was supposed to merge with Staples, its closest competitor, giving Office Depot a valuation of more than $6 billion.
A brawl over store-promotion money between Newell Brands, the maker of Sharpie markers, and Office Depot contributed to a $50 million drop in Newell’s quarterly sales—but the CEO says he has no regrets....
CompuCom Systems Inc. , a leading provider of managed digital workplace services that is now part of Office Depot, Inc. , today introduced the Self Healing Branch™, an automated service that monitors, detects, diagnoses and resolves device performance issues without the need for end-user intervention – empowering bank employees to focus on their customers.
Office Depot, Inc. , a leading omnichannel provider of business services and supplies, products and technology solutions, today announced the appointment of Scott Kriss as Senior Vice President and Chief Accounting Officer, effective April 3, 2018.
First paragraph, first line and seventh paragraph, last line should read: ...has selected WPP’s ... ...) and Y&R is part of WPP .
CompuCom Systems, Inc. , a leading provider of managed digital workplace services that is now part of Office Depot, Inc. , today announced the company is again positioned in the Leaders quadrant of Gartner's 2018 Magic Quadrant for Managed Workplace Services, North America.