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Stock impact report

Is Trending Stock The ODP Corporation (ODP) a Buy Now? [Yahoo! Finance]

The ODP Corporation (ODP) 
Last the odp corporation earnings: 2/26 06:50 am Check Earnings Report
US:NYSE Investor Relations: investor.officedepot.com
Company Research Source: Yahoo! Finance
Over the past month, shares of this office supply retailer have returned +13.5%, compared to the Zacks S&P 500 composite's +1.5% change. During this period, the Zacks Retail - Miscellaneous industry, which ODP Corp. falls in, has gained 7.8%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earn Show less Read more
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