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About: The ODP Corp operates an integrated B2B distribution platform with divisions focusing on various sectors: ODP Business Solutions serves small to enterprise-level companies with office supplies, technology, furniture, and services. Office Depot Division caters to retail consumers and small businesses through retail locations and eCommerce platforms, offering office supplies, technology, and business services. Veyer Division specializes in supply chain, distribution, and procurement services for both internal and third-party customers, with a focus on global operations. Varis Division offers a tech-enabled B2B indirect procurement marketplace, providing a seamless buying experience and advanced spend management tools. Revenue primarily stems from the Veyer division.
Employees: 25,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $982K
0.8% more ownership
Funds ownership: 93.8% [Q2] → 94.6% (+0.8%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 69
9% less funds holding
Funds holding: 223 [Q2] → 202 (-21) [Q3]
28% less capital invested
Capital invested by funds: $1.32B [Q2] → $948M (-$374M) [Q3]
38% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 52
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS Michael Lasser 57% 1-year accuracy 20 / 35 met price target | 13%upside $28 | Neutral Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 5 articles about ODP published over the past 30 days
