Office Depot, Inc. (ODP) in Focus: Stock Soars 24.9% – Tale of the Tape

Zacks

Office Depot, Inc. (ODP) was a big mover last session, as the company saw its shares rise by almost 25% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 43% since Oct 13, 2014.

The specialty retail company has seen four positive revisions in the past one-month frame, while the Zacks Consensus Estimate has remained unchanged over the same period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Office Depot currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Better-ranked stocks include Barnes & Noble, Inc. (BKS) and Build-A-Bear Workshop Inc. (BBW) in the same industry as Office Depot, and Autobytel Inc. (ABTL) in the broader Retail/Wholesale sector.

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