Published on 21 Feb 2023 on Simply Wall St. via Yahoo Finance
Is The ODP Corporation's (NASDAQ:ODP) Recent Stock Performance Influenced By Its Fundamentals In Any...
ODP's (NASDAQ:ODP) stock is up by a considerable 12% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study ODP's ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for ODP