Office Depot traded at $28.00 this Tuesday December 9th, increasing $0.01 or 0.04 percent since the previous trading session. Looking back, over the last four weeks, Office Depot gained 0.47 percent. Over the last 12 months, its price fell by 1.30 percent. Looking ahead, we forecast Office Depot to be priced at 27.40 by the end of this quarter and at 25.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
The ODP Corporation is a holding company that provides business services and supplies, products and digital workplace technology solutions to small, medium-sized and enterprise businesses. The Company’s segments include Business Solutions Division, Retail Division and the CompuCom Division. The Business Solutions Division sells nationally branded as well as the Company’s private branded office supply and adjacency products and services. The Retail Division includes a chain of retail stores, which sells office supplies, technology products and solutions, business machines and related supplies, cleaning, breakroom and facilities products, personal protective equipment, and office furniture, as well as offer business services. The CompuCom Division provides information technology (IT) services and products to enterprise organizations and offers a range of solutions. The Company offers its solutions under the brands Office Depot, OfficeMax, CompuCom and Grand & Toy.