Where’s The Tipping Point? Office Depot, Inc. (ODP), VirnetX Holding Corp (VHC)

1 analysts out of 5 Wall Street brokerage firms rate Office Depot, Inc. (NASDAQ:ODP) as a Buy, while 2 see it as a Sell. The rest 2 describe it as a Hold. ODP stock traded higher to an intra-day high of $3.54. At one point in session, its potential discontinued and the price was down to lows at $3.21. Analysts have set ODP’s consensus price at $3.67, effectively giving it a 11.55% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $4.5 (up 36.78% from current price levels). ODP has a 4.8% ROE, lower than the 14.6% average for the industry. The average ROE for the sector is 13.05%.

It is expected that in Mar 2019 quarter ODP will have an EPS of $0.12, suggesting a 50% growth. For Jun 2019 is projected at $0.06. It means that there could be a 20% growth in the quarter. Yearly earnings are expected to rise by 17.14% to about $0.41. As for the coming year, growth will be about 4.88%, lifting earnings to $0.43. RSI after the last trading period was 49. ODP recorded a change of -1.2% over the past week and returned 11.9% over the last three months while the ODP stock’s monthly performance revealed a shift in price of 4.44%. The year to date (YTD) performance stands at 27.52%, and the bi-yearly performance specified an activity trend of 4.11% while the shares have moved 33.74% for the past 12 months.

Office Depot, Inc. (ODP) currently trades at $3.29, which is lower by -7.06% its previous price. It has a total of 540.99 million outstanding shares, with an ATR of around 0.17. The company’s stock volume dropped to 12.5 million, worse than 5.65 million that represents its 50-day average. A 5-day decrease of about -1.2% in its price means ODP is now 27.52% higher on year-to-date. The shares had marked a $3.82 52-week high price and the 52 week low of $2.00. Overall, it has seen a growth rate of 33.74 over the last 12 months.

Office Depot, Inc. (NASDAQ:ODP)’s EPS was $0.09 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.08. That means that its growth in general now stands at 13%. Therefore, a prediction of $0.08 given by the analysts brought a positive surprise of 13%. ODP Dec 19 quarter revenue was $2.67 billion, compared to $2.58 billion recorded in same quarter last year, giving it a 3% growth rate. The company’s $0.09 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

VirnetX Holding Corp (NYSE:VHC) shares depreciated -7.51% over the last trading period, taking overall 5-day performance up to -17.94%. VHC’s price now at $5.17 is greater than the 50-day average of $5.03. Getting the trading period increased to 200 days, the stock price was seen at $3.8 on average. The general public currently hold control of a total of 59.35 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 66.03 million. The company’s management holds a total of 9.6%, while institutional investors hold about 22.3% of the remaining shares. VHC share price finished last trade -8.95% below its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 36.37%, while closing the session with 4.01% distance from 50 day simple moving average.

VirnetX Holding Corp (VHC) shares were last observed trading -26.56% down since March 11, 2019 when the peak of $7.04 was hit. Last month’s price growth of 7.26% puts VHC performance for the year now at 115.42%. Consequently, the shares price is trending higher by 146.19%, a 52-week worst price since May. 01, 2018. However, it is regaining value with 47.71% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $4.86 and $5.01. The immediate resistance area is now $5.48 Williams’s %R (14) for VHC moved to 100 while the stochastic %K points at 51.76.

VHC’s beta is 2.59; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $-0.41 per share from its yearly profit to its outstanding shares. Its last reported revenue is $410000, which was 4000% versus $10000 in the corresponding quarter last year. The EPS for Jun 19 quarter came in at $-0.15 compared to $-0.14 in the year-ago quarter and had represented 7% year-over-year earnings per share growth. VHC’s ROA is -263.4%, lower than the 8.99% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 12.27%.