Office Depot, Inc. (NASDAQ:ODP) reduced energy consumption by 11% in 2018

Office Depot, Inc. (NASDAQ:ODP), reduced its energy consumption by 11% in 2018 and has committed to further sustainability and CSR goals in the coming years, the company revealed in its 2018 sustainability report. Progress and accomplishments highlighted in the 2019 report include 4.4 million pounds of technology and e-waste recycled, 24,000 metric tons of waste diverted from landfills, 8 percent reduction in GHG (greenhouse gas) emissions, 11 percent reduction in energy consumption.

Technical Stock Analysis 

Office Depot, Inc. (NASDAQ:ODP), a Services sector firm, traded 12.44 Million shares in last trading session and stock went up 2.55% with closing price of $2.01 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Office Depot, Inc. (NASDAQ:ODP)’s gross margin stands at 23.10%.

Investment Worthy Stock or not? 

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Office Depot, Inc. (NASDAQ:ODP)’s profitability or to compare the efficiency of different investments, hence, ODP return on investment (ROI) is 4.90%. 

52-Week Range 

52-Week Range are valuable stats for watching Office Depot, Inc. (NASDAQ:ODP)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Office Depot, Inc. (NASDAQ:ODP)’s stock value has moved between $1.84 – 3.79 in last one year. 

Analyst’s Views 

Analysts mean target price for Office Depot, Inc. (NASDAQ:ODP) is $2.63 while analysts mean recommendation is 3.30. 

Stock Performance 

Its weekly performance is 5.79% while year to date (YTD) performance is -22.09%. 

EPS Growth

Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Office Depot, Inc. (NASDAQ:ODP)’s EPS growth this year is 20.40%. For best decision making investors should look at Office Depot, Inc. (NASDAQ:ODP)’s EPS growth for next year stands at 3.27%.

Leave a Reply