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MarketScreener Homepage  >  Equities  >  Nasdaq  >  The ODP Corporation    ODP

THE ODP CORPORATION

(ODP)
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ODP : New Jersey Government Awards CompuCom a Class D Electronic Waste Recycling Permit; New Certification Proves CompuCom's e-waste Management Competency and Expands its Recycling Capacity

11/25/2020 | 07:53am EST

FORT MILL, S.C.- CompuCom, a managed services provider and wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, announced today that it has been awarded a Class D Permit (Universal Waste) for its facility in Paulsboro, New Jersey. The permit, established under the New Jersey electronic waste management act, enables CompuCom to operate as an e-waste recycling facility for the safe and environmentally sound management of end-of-life electronic devices and components.

'CompuCom is honored to have accomplished this certification which recognizes our competence in the proper handling and disposal of e-waste in the state of New Jersey,' said Mick Slattery, president for CompuCom. 'As the accumulation of e-waste continues to grow, we have partnered with our parent company, The ODP Corporation to establish the GreenerOffice program to help our customers assess and minimize their environmental impact on the planet.'

CompuCom views sustainability as another challenge it can help its customers address and sees its role as a specialized recycler as essential for providing the technology needed to extract raw materials and precious metals while also maintaining environmental safety. The company's IT Asset Disposition Program (ITAD) reduces e-waste associated with outdated technology and includes the careful tracking of devices with a full chain of custody along with the certificate of recycling and data destruction.

About CompuCom

CompuCom is a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,200 stores. CompuCom provides end-to-end managed workplace services, infrastructure modernization and digital consulting to enable the digital workplace for enterprise, midsize and small businesses. For more information, visit compucom.com.

Arthur Bailey

CompuCom

Arthur.Bailey@CompuCom.com

Mitch Polikoff

BCW | Burson Cohn & Wolfe

mitch.polikoff@bcw-global.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 9 722 M - -
Net income 2020 -293 M - -
Net cash 2020 412 M - -
P/E ratio 2020 -8,14x
Yield 2020 0,27%
Capitalization 2 463 M 2 463 M -
EV / Sales 2020 0,21x
EV / Sales 2021 0,22x
Nbr of Employees 40 000
Free-Float 82,7%
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Technical analysis trends THE ODP CORPORATION
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 41,00 $
Last Close Price 46,76 $
Spread / Highest target 28,3%
Spread / Average Target -12,3%
Spread / Lowest Target -50,8%
EPS Revisions
Managers and Directors
NameTitle
Gerry P. Smith Chief Executive Officer & Executive Director
Joseph S. Vassalluzzo Non-Executive Chairman
Diego Anthony Scaglione Chief Financial Officer & Executive Vice President
Todd Hale Chief Information Officer & Executive VP
Terry Leeper Chief Technology Officer & Executive VP
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