Office Depot, Inc. (ODP) Forms $3.14 Double Bottom; Talend SA Ads (TLND) Shorts Down By 17.17%

Office Depot, Inc. (ODP) formed double bottom with $2.95 target or 6.00% below today’s $3.14 share price. Office Depot, Inc. (ODP) has $1.62 billion valuation. The stock increased 0.96% or $0.03 during the last trading session, reaching $3.14. About 324,789 shares traded. Office Depot, Inc. (NASDAQ:ODP) has risen 51.05% since February 15, 2017 and is uptrending. It has outperformed by 34.35% the S&P500.

Talend SA Ads (NASDAQ:TLND) had a decrease of 17.17% in short interest. TLND’s SI was 148,600 shares in February as released by FINRA. Its down 17.17% from 179,400 shares previously. With 488,100 avg volume, 0 days are for Talend SA Ads (NASDAQ:TLND)’s short sellers to cover TLND’s short positions. The SI to Talend SA Ads’s float is 1.22%. The stock decreased 1.30% or $0.551 during the last trading session, reaching $41.749. About 40,188 shares traded. Talend S.A. (NASDAQ:TLND) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 2 analysts covering Talend (NASDAQ:TLND), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Talend had 2 analyst reports since August 24, 2016 according to SRatingsIntel. The stock has “Outperform” rating by William Blair on Wednesday, August 24. The firm earned “Neutral” rating on Friday, August 26 by Citigroup.

Talend S.A. provides platform to address IT integration needs in various industries. The company has market cap of $1.22 billion. It creates and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers. It currently has negative earnings. The companyÂ’s Talend Data Fabric platform includes data integration, big data integration, application integration, master data management, cloud integration, and self-service data preparation products.

Since October 13, 2017, it had 0 insider purchases, and 2 sales for $1.38 million activity. On Friday, October 13 Allison Michael R sold $1.38 million worth of Office Depot, Inc. (NASDAQ:ODP) or 360,000 shares. RABINOVITCH MICHAEL also sold $4,637 worth of Office Depot, Inc. (NASDAQ:ODP) shares.

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) earned “Outperform” rating by Telsey Advisory Group on Tuesday, December 8. The rating was downgraded by Jefferies on Wednesday, May 11 to “Sell”. Credit Suisse maintained Office Depot, Inc. (NASDAQ:ODP) rating on Monday, March 7. Credit Suisse has “Outperform” rating and $8 target. The rating was maintained by Telsey Advisory Group on Wednesday, February 24 with “Outperform”. On Thursday, August 4 the stock rating was maintained by UBS with “Sell”. On Thursday, August 10 the stock rating was maintained by Deutsche Bank with “Hold”. As per Wednesday, October 4, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Tuesday, September 8 by B. Riley & Co. The firm earned “Hold” rating on Wednesday, June 14 by Jefferies. The rating was reinitiated by Bank of America on Friday, December 11 with “Buy”.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.44, from 1.31 in 2017Q2. It fall, 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. Profund Limited Company holds 0.01% or 71,478 shares in its portfolio. State Treasurer State Of Michigan reported 195,000 shares stake. Strategic Advsrs Ltd Liability Corporation owns 84,981 shares. Commercial Bank Of America De holds 1.26M shares. Adirondack Research & Mngmt owns 1.37% invested in Office Depot, Inc. (NASDAQ:ODP) for 772,414 shares. Guardian L P invested 0% of its portfolio in Office Depot, Inc. (NASDAQ:ODP). Fairpointe Capital Limited Liability Corporation holds 2.75% or 30.62 million shares. Cipher Cap Lp has invested 0.14% in Office Depot, Inc. (NASDAQ:ODP). Dupont Mngmt Corporation invested in 137,327 shares or 0.01% of the stock. 156,861 are held by Millennium Mngmt Limited Liability. Jacobs Levy Equity Management Inc holds 241,300 shares. Oakbrook Investments Lc has 39,100 shares. Jane Street Grp Incorporated Lc has 0% invested in Office Depot, Inc. (NASDAQ:ODP). Connor Clark & Lunn Invest has 176,050 shares. Amg Funds Lc holds 1.07% or 428,343 shares.

Analysts await Office Depot, Inc. (NASDAQ:ODP) to report earnings on March, 7. They expect $0.08 EPS, down 27.27% or $0.03 from last year’s $0.11 per share. ODP’s profit will be $41.30 million for 9.81 P/E if the $0.08 EPS becomes a reality. After $0.14 actual EPS reported by Office Depot, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.