Office Depot, Inc. (ODP) Reaches $3.57 After 8.00% Up Move; 6 Bullish Analysts Covering Attunity Ltd. (ATTU)

January 12, 2018 - By wolcottdaily

The stock of Office Depot, Inc. (NASDAQ:ODP) is a huge mover today! The stock increased 1.57% or $0.055 during the last trading session, reaching $3.565. About 1.30M shares traded. Office Depot, Inc. (NASDAQ:ODP) has risen 51.05% since January 12, 2017 and is uptrending. It has outperformed by 34.35% the S&P500.The move comes after 7 months positive chart setup for the $1.84B company. It was reported on Jan, 12 by Barchart.com. We have $3.85 PT which if reached, will make NASDAQ:ODP worth $147.20M more.

Among 7 analysts covering Attunity (NASDAQ:ATTU), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Attunity had 8 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, November 2 by Craig Hallum. The firm earned “Buy” rating on Thursday, July 23 by TH Capital. The firm has “Buy” rating given on Thursday, November 2 by Roth Capital. The rating was maintained by Roth Capital on Wednesday, June 14 with “Buy”. On Monday, December 11 the stock rating was initiated by Needham with “Buy”. The firm earned “Buy” rating on Friday, September 11 by Ladenburg Thalmann. As per Monday, December 18, the company rating was initiated by William Blair. See Attunity Ltd. (NASDAQ:ATTU) latest ratings:

18/12/2017 Broker: William Blair Rating: Buy Initiate
11/12/2017 Broker: Needham Rating: Buy New Target: $13.0 Initiate
02/11/2017 Broker: Roth Capital Rating: Buy New Target: $13.0 Maintain

Analysts await Office Depot, Inc. (NASDAQ:ODP) to report earnings on March, 7. They expect $0.08 earnings per share, down 27.27% or $0.03 from last year’s $0.11 per share. ODP’s profit will be $41.29M for 11.14 P/E if the $0.08 EPS becomes a reality. After $0.14 actual earnings per share reported by Office Depot, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.44, from 1.31 in 2017Q2. It dropped, as 41 investors sold Office Depot, Inc. shares while 83 reduced holdings. 27 funds opened positions while 81 raised stakes. 461.44 million shares or 1.55% less from 468.70 million shares in 2017Q2 were reported. Moreover, Metropolitan Life has 0.02% invested in Office Depot, Inc. (NASDAQ:ODP) for 813,596 shares. First Manhattan holds 1,057 shares. Gotham Asset Lc invested in 0.05% or 794,949 shares. 607,200 are owned by Bridgeway Cap Mgmt. Old Mutual Customised Solutions (Proprietary) Ltd stated it has 0.01% in Office Depot, Inc. (NASDAQ:ODP). Moreover, Prudential Finance has 0.06% invested in Office Depot, Inc. (NASDAQ:ODP) for 8.43 million shares. Great West Life Assurance Can owns 373,925 shares. 880,195 are owned by Swiss Bankshares. Alpha Windward Limited Liability Com has 111,720 shares for 0.31% of their portfolio. Nomura Asset Ltd owns 0% invested in Office Depot, Inc. (NASDAQ:ODP) for 16,100 shares. James Inv Rech invested in 962,631 shares or 0.15% of the stock. Brandywine Investment Mngmt Lc has invested 0.06% in Office Depot, Inc. (NASDAQ:ODP). Texas Permanent School Fund has 378,459 shares. Hsbc Public Limited reported 0% stake. Manufacturers Life Insur Commerce The invested in 0.01% or 1.13M shares.

Office Depot, Inc., together with its subsidiaries, supplies office services and products in North America. The company has market cap of $1.84 billion. The firm operates in two divisions, North American Retail and North American Business Solutions. It has a 6.02 P/E ratio. It offers office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture, as well as copy and print services.

Since October 13, 2017, it had 0 insider purchases, and 2 insider sales for $1.38 million activity. $4,637 worth of Office Depot, Inc. (NASDAQ:ODP) was sold by RABINOVITCH MICHAEL on Friday, January 5. Allison Michael R sold $1.38M worth of Office Depot, Inc. (NASDAQ:ODP) on Friday, October 13.

Among 12 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 25% are positive. Office Depot had 21 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Office Depot, Inc. (NASDAQ:ODP) has “Buy” rating given on Tuesday, September 8 by B. Riley & Co. The company was downgraded on Wednesday, May 11 by Jefferies. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, October 28. Bank of America reinitiated the shares of ODP in report on Friday, December 11 with “Buy” rating. The rating was maintained by Jefferies with “Hold” on Wednesday, October 4. Telsey Advisory Group maintained the stock with “Outperform” rating in Tuesday, December 8 report. The stock has “Sell” rating by UBS on Thursday, August 4. Jefferies maintained the stock with “Hold” rating in Wednesday, June 14 report. The stock of Office Depot, Inc. (NASDAQ:ODP) has “Buy” rating given on Tuesday, September 5 by Bank of America. The stock of Office Depot, Inc. (NASDAQ:ODP) has “Sell” rating given on Wednesday, May 11 by UBS.

Attunity Ltd., together with its subsidiaries, develops, markets, and sells big data management software solutions worldwide. The company has market cap of $136.71 million. The firm offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for big data environments. It currently has negative earnings. It also provides Attunity Managed File Transfer, a file transfer management solution to secure and automate business-to-business information exchanges over standard Internet connections; Attunity RepliWeb for EFR, a file system and storage replication solution for wide area network infrastructures, as well as an ARA and Web deployment solution for Windows, UNIX, Linux, and Web infrastructures; and Attunity CloudBeam, a fully-managed data transfer software as a service platform to move data to, from, and between on-premises and cloud environments.

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