Old Dominion Freight (ODFL) Receives a Hold from Robert W. Baird

In a report issued on April 5, Garrett Holland from Robert W. Baird maintained a Hold rating on Old Dominion Freight (ODFLResearch Report), with a price target of $305.00. The company’s shares closed last Wednesday at $262.56, close to its 52-week low of $242.31.

According to, Holland is a 3-star analyst with an average return of 2.4% and a 50.8% success rate. Holland covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Werner Enterprises.

The word on The Street in general, suggests a Hold analyst consensus rating for Old Dominion Freight with a $334.55 average price target, implying a 25.9% upside from current levels. In a report issued on March 31, Deutsche Bank also reiterated a Hold rating on the stock with a $347.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on Old Dominion Freight’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.41 billion and net profit of $279 million. In comparison, last year the company earned revenue of $1.07 billion and had a net profit of $190 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 1934, Old Dominion Freight Line, Inc. is a North Carolina-based company, which provides regional, inter-regional, and national less-than-truckload (LTL) services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting.

Read More on ODFL:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed