The ODP Corporation Q3 2024 Earnings Preview
| ODP Stock | USD 27.26 0.63 2.37% |
Slightly above 56% of all ODP Corp's retail investors are looking to take a long position. The analysis of current outlook of investing in ODP Corp suggests that some traders are interested regarding ODP Corp's prospects. ODP Corp's investing sentiment overview a quick insight into current market opportunities from investing in ODP Corp. Many technical investors use ODP Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
ODP |
Get ready for The ODP Corporations Q3 earnings results on November 6th.
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ODP Corp Current Investor Sentiment
Panic Vs Confidence
56
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use ODP Corp's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward ODP Corp.
News SentimentBullish | Hype SentimentBullish | Insider SentimentDisposing |
ODP Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ODP Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ODP Corp Historical Investor Sentiment
Investor biases related to ODP Corp's public news can be used to forecast risks associated with an investment in ODP. The trend in average sentiment can be used to explain how an investor holding ODP can time the market purely based on public headlines and social activities around ODP Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ODP Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ODP Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ODP Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on ODP Corp.
ODP Corp Fundamental Analysis
We analyze ODP Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ODP Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ODP Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
ODP Corp is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
ODP Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ODP Corp stock to make a market-neutral strategy. Peer analysis of ODP Corp could also be used in its relative valuation, which is a method of valuing ODP Corp by comparing valuation metrics with similar companies.
Peers
ODP Corp Related Equities
| LESL | Leslies | 11.15 | ||||
| BGFV | Big 5 | 4.27 | ||||
| HZO | MarineMax | 2.86 | ||||
| CASY | Caseys General | 2.76 | ||||
| FLWS | 1 800 | 2.75 | ||||
| MUSA | Murphy USA | 2.63 | ||||
| ORLY | OReilly Automotive | 1.88 | ||||
| GPC | Genuine Parts | 1.72 | ||||
| EYE | National Vision | 0.95 | ||||
| SBH | Sally Beauty | 1.22 | ||||
| SPWH | Sportsmans | 1.96 |
Additional Tools for ODP Stock Analysis
When running ODP Corp's price analysis, check to measure ODP Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.