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Old Dominion Freight Line (ODFL)
NASDAQ:ODFL
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ODFL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$165.49 - $227.80
Previous Close$196.75
Volume2.15M
Average Volume (3M)1.53M
Market Cap
$42.16B
Enterprise Value$42.12B
Total Cash (Recent Filing)$104.58M
Total Debt (Recent Filing)$59.98M
Price to Earnings (P/E)33.4
Beta1.17
Next Earnings
Oct 23, 2024EPS Estimate
$1.46Last Dividend Ex-Date
Sep 04, 2024Dividend Yield0.47%
Share Statistics
EPS (TTM)5.83
Shares Outstanding214,296,552
10 Day Avg. Volume1,269,325
30 Day Avg. Volume1,532,089
Standard Deviation0.09
R-Squared0.35
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)10.25
Price to Sales (P/S)6.99
Price to Cash Flow (P/CF)26.90
P/FCF Ratio362.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.06
Enterprise Value/Gross Profit20.33
Enterprise Value/Ebitda26.40
Forecast
1Y Price Target
$199.58Price Target Upside-2.42% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Old Dominion Freight News
PremiumMarket News
QQQ ETF Update, 8/19/2024 Bulls Say, Bears Say
Bulls Say
Financial PerformanceRevenue grew 6.1% Y/Y to ~$1.5B as revenue/hundredweight increased 4.4% Y/Y, shipments/day increased 3.1% Y/Y, and tonnage increased 1.9% Y/Y.
Management StrategyThe company remains committed to staying disciplined on pricing and expanding available capacity in preparation for the inevitable upcycle.
Market PositionODFL remains well positioned to capitalize on the rational pricing and demand inflection ahead.
Bears Say
EstimatesLowering Estimates and PT — Analysts are lowering 3Q/4Q EPS estimates to $1.41/$1.27 from $1.46/1.32 as they are decreasing tonnage and shipment assumptions on softer demand.
OutlookThe overall freight environment continues to bounce along the bottom of what has been the worst freight recession since 08/09.
RevenueAugust Less-than-Truckload (LTL) Revenues/Day -5.2% year-year, reversing from +4.6% in July to average -0.3% 3QTD reflecting continued softness in the economy.
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Ownership Overview
15.09% Insiders
23.58% Mutual Funds
37.03% Other Institutional Investors
24.30% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ODFL FAQ
What was Old Dominion Freight Line’s price range in the past 12 months?
Old Dominion Freight Line lowest stock price was $165.49 and its highest was $227.80 in the past 12 months.
What is Old Dominion Freight Line’s market cap?
Currently, no data Available
When is Old Dominion Freight Line’s upcoming earnings report date?
Old Dominion Freight Line’s upcoming earnings report date is Oct 23, 2024 which is in 33 days.
How were Old Dominion Freight Line’s earnings last quarter?
Old Dominion Freight Line released its earnings results on Jul 24, 2024. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.452 by $0.028.
Is Old Dominion Freight Line overvalued?
According to Wall Street analysts Old Dominion Freight Line’s price is currently Overvalued.
Does Old Dominion Freight Line pay dividends?
Old Dominion Freight Line pays a Quarterly dividend of $0.26 which represents an annual dividend yield of 0.47%. See more information on Old Dominion Freight Line dividends here
What is Old Dominion Freight Line’s EPS estimate?
Old Dominion Freight Line’s EPS estimate is $1.46.
How many shares outstanding does Old Dominion Freight Line have?
Old Dominion Freight Line has 214,296,550 shares outstanding.
What happened to Old Dominion Freight Line’s price movement after its last earnings report?
Old Dominion Freight Line reported an EPS of $1.48 in its last earnings report, beating expectations of $1.452. Following the earnings report the stock price went up 0.398%.
Which hedge fund is a major shareholder of Old Dominion Freight Line?
Among the largest hedge funds holding Old Dominion Freight Line’s share is Bristol Gate Capital Partners Inc.. It holds Old Dominion Freight Line’s shares valued at 93M.
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Old Dominion Freight Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$199.58 (-2.42% Downside)
$199.58 (-2.42% Downside)
Blogger Sentiment
Bullish
ODFL Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 904.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.50%
12-Months-Change
Fundamentals
Return on Equity
32.14%
Trailing 12-Months
Asset Growth
7.31%
Trailing 12-Months
Company Description
Old Dominion Freight Line
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.
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ODFL Earnings Call
Q2 2024
0:00 / 0:00
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ODFL Revenue Breakdown
98.96% LTL services
1.04% Other
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ODFL Stock 12 Month Forecast
Average Price Target
$199.58
▼(-2.42% Downside)
Technical Analysis
Best Analysts Covering ODFL
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+12.22%
reiterated a buy rating 2 months ago
Copying Patrick Brown's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +12.22% per trade.
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