The ODP -Here's Why ODP Corp. (ODP) Gained But Lagged the Market Today

Company Performance - ODP Corp. stock closed at $12.43, with a +0.4% movement compared to the previous day, underperforming the S&P 500's daily gain of 1.67% [1] - The stock has dropped by 15.5% in the past month, compared to a loss of 4.21% in the Retail-Wholesale sector and a loss of 6.57% in the S&P 500 [1] Earnings Forecast - ODP Corp. is predicted to post an EPS of$ 0.65, indicating a 38.1% decline compared to the same quarter last year [2] - The revenue is estimated to be $1.65 billion, reflecting an 11.86% decrease compared to the same quarter of the previous year [2] - For the entire year, earnings are forecasted at$ 2.56 per share and revenue at $6.57 billion, indicating changes of -22.42% and -5.99% respectively compared to the previous year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for ODP Corp. are important as they reflect short-term business trends [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks ODP Corp. as 5 (Strong Sell) [6] - Over the last 30 days, the Zacks Consensus EPS estimate for ODP Corp. has remained unchanged [6] Valuation Metrics - ODP Corp. has a Forward P/E ratio of 4.85, which is a discount compared to the industry's average Forward P/E of 13.35 [7] - The company has a PEG ratio of 0.35, while the average PEG ratio for Retail - Miscellaneous stocks is 1.4 [7] Industry Context - The Retail - Miscellaneous industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 159, placing it in the bottom 36% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]