Summary:
- The ODP Corporation is scheduled to announce its first-quarter earnings on May 7, with analysts forecasting a significant decline in both earnings per share and revenue.
- Wall Street analysts project a substantial upside potential for ODP's stock, despite a "Hold" recommendation from most brokerage firms.
- According to GuruFocus, the estimated GF Value presents an even more optimistic outlook, suggesting a massive increase in stock value over the next year.
The ODP Corporation Q1 Earnings Preview
The ODP Corporation (ODP, Financial) is poised to disclose its first-quarter earnings on May 7. Analysts anticipate the earnings per share (EPS) to hit $0.65, marking a 38.1% drop compared to the same period last year. Additionally, revenue is expected to fall by 12.1% year-over-year, totaling $1.67 billion. Historically, the company has exceeded EPS predictions 63% of the time, though it has only surpassed revenue forecasts 13% of the time. Investors will be keen to see if ODP can surprise the market with a stronger performance.
Wall Street Analysts Forecast
The one-year price targets provided by three analysts suggest an average target price for The ODP Corp (ODP, Financial) of $29.33. The high estimate reaches $36.00, while the low is set at $17.00, indicating a broad range of expectations from the analyst community. The average price target implies a remarkable upside of 109.97% from the current trading price of $13.97. For more in-depth estimate data, explore the The ODP Corp (ODP) Forecast page.
Currently, The ODP Corp's stock is rated 2.7 on average by three brokerage firms, suggesting a "Hold" status. The recommendation scale ranges from 1, indicating a Strong Buy, to 5, suggesting a Sell. This reflects a cautious but steady sentiment among analysts regarding ODP's potential in the near term.
GuruFocus Valuation Insight
According to GuruFocus estimates, the projected GF Value for The ODP Corp (ODP, Financial) in one year is $50.32. This projection proposes a stunning upside of 260.2% from the current stock price of $13.97. The GF Value, calculated based on historical trading multiples, past business growth, and future performance estimates, serves as GuruFocus' estimation of the stock's fair trading value. Investors interested in more comprehensive data can visit the The ODP Corp (ODP) Summary page.
