12 Month Price Forecast For ODFL
Distance to ODFL Price Forecasts
ODFL Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 11:34 AM UTC
ODFL Analyst Ratings & Price Targets
Based on our analysis of 29 Wall Street analysts, ODFL has a consensus that is neutral. The median price target is $199.00, with forecasts ranging from $155.00 to $240.00. Currently, there are 4 Buy ratings, 17 Hold ratings, and 3 Sell ratings.
With ODFL currently trading at $188.79, the median price forecast suggests a 5.4% upside. The most optimistic forecast comes from Daniel Imbro at Stephens & Co., projecting a 27.1% upside, while Todd Fowler at Keybanc provides the most conservative target, suggesting a -17.9% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ODFL Analyst Consensus
ODFL Price Target Range
Latest ODFL Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ODFL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 17, 2025 | Barclays | Brandon Oglenski | Equal-Weight | Maintains | $210.00 |
| Jan 16, 2025 | B of A Securities | Ken Hoexter | Neutral | Maintains | $204.00 |
| Jan 15, 2025 | Stifel | J. Bruce Chan | Hold | Maintains | $176.00 |
| Jan 10, 2025 | Jefferies | Stephanie Moore | Hold | Maintains | $190.00 |
| Jan 7, 2025 | Wells Fargo | Christian Wetherbee | Underweight | Maintains | $185.00 |
| Jan 7, 2025 | Susquehanna | Bascome Majors | Neutral | Downgrade | $195.00 |
| Dec 12, 2024 | Goldman Sachs | Jordan Alliger | Neutral | Maintains | $235.00 |
| Dec 6, 2024 | JP Morgan | Brian Ossenbeck | Neutral | Maintains | $205.00 |
| Dec 4, 2024 | Stephens & Co. | Daniel Imbro | Overweight | Reiterates | $240.00 |
| Nov 13, 2024 | Barclays | Brandon Oglenski | Equal-Weight | Maintains | $220.00 |
| Nov 12, 2024 | Citigroup | Ariel Rosa | Neutral | Maintains | $241.00 |
| Nov 12, 2024 | Argus Research | John Eade | Hold | Downgrade | $0.00 |
| Oct 24, 2024 | Baird | Garrett Holland | Outperform | Maintains | $200.00 |
| Oct 24, 2024 | Barclays | Brandon Oglenski | Equal-Weight | Maintains | $190.00 |
| Oct 24, 2024 | BMO Capital | Fadi Chamoun | Market Perform | Maintains | $205.00 |
| Oct 24, 2024 | TD Cowen | Jason Seidl | Hold | Maintains | $196.00 |
| Oct 24, 2024 | Stifel | J. Bruce Chan | Hold | Maintains | $178.00 |
| Oct 24, 2024 | Wells Fargo | Christian Wetherbee | Underweight | Maintains | $160.00 |
| Oct 24, 2024 | Susquehanna | Bascome Majors | Positive | Maintains | $218.00 |
| Oct 21, 2024 | Stifel | J. Bruce Chan | Hold | Downgrade | $197.00 |
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Old Dominion Freight Line Inc (ODFL) Financial Data
Old Dominion Freight Line Inc has a market capitalization of $40.66B with a P/E ratio of 33.4x. The company generates $5.92B in trailing twelve-month revenue with a 21.0% profit margin.
Revenue growth is -3.0% quarter-over-quarter, while maintaining an operating margin of +27.3% and return on equity of +30.2%.
Valuation Metrics
Growth & Margins
Financial Health
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Old Dominion Freight Line Inc (ODFL) Company Overview
About Old Dominion Freight Line Inc
Provides less-than-truckload freight transportation services.
The company operates as a less-than-truckload (LTL) motor carrier, generating revenue through regional, inter-regional, and national freight services. It also offers expedited transportation and value-added services such as container drayage, truckload brokerage, and supply chain consulting, which contribute to its earnings.
Founded in 1934 and headquartered in Thomasville, North Carolina, the company has a substantial fleet with over 10,000 tractors and 31,000 trailers, alongside a robust infrastructure of maintenance and service centers to support its operations.
Company Information
Sector
Industrials
Industry
Trucking
Employees
22,686
CEO
Mr. Kevin M. Freeman
Country
United States
IPO Year
1991
Website
www.odfl.comOld Dominion Freight Line Inc (ODFL) Latest News & Analysis
BlueGrace Logistics has awarded Southeastern Freight Lines as Regional Carrier of the Year and Old Dominion Freight Line as National Carrier of the Year for 2024, both for the second consecutive year.
Recognition of top carriers by BlueGrace Logistics signals strong performance in the logistics sector, potentially indicating stability and growth for those companies, impacting investor confidence and stock valuations.
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Strong earnings from Texas Pacific Land and Taiwan Semiconductor indicate robust market positions. Selling Texas Pacific due to overvaluation suggests caution, while Edwards Lifesciences shows promising growth potential.
Old Dominion Freight Line, Inc. will release Q4 and year-end 2024 financial results on February 5, 2025, and hold a conference call at 10:00 a.m. ET that day. Webcast available online.
The announcement of Old Dominion's Q4 and year-end financial results, along with the conference call, signals upcoming insights into the company's performance and future outlook, impacting investor sentiment and stock valuation.
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Identifying stocks that thrive in inflation indicates potential safe havens for capital, suggesting opportunities for growth and income amidst economic uncertainty.
Investors in 2025 should prioritize dividends, as they may play a crucial role in investment returns amid market fluctuations.
The emphasis on dividends suggests a potential shift in investment strategies, indicating that income-generating stocks may outperform growth stocks, impacting portfolio allocations.
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The SPDR S&P 500 ETF's December decline signals potential market volatility, while undervalued dividend stocks could present buying opportunities amid overall strong performance.
Frequently Asked Questions About ODFL Stock
What is Old Dominion Freight Line Inc's (ODFL) stock forecast for 2025?
Based on our analysis of 29 Wall Street analysts, Old Dominion Freight Line Inc (ODFL) has a median price target of $199.00. The highest price target is $240.00 and the lowest is $155.00.
Is ODFL stock a good investment in 2025?
According to current analyst ratings, ODFL has 4 Buy ratings, 17 Hold ratings, and 3 Sell ratings. The stock is currently trading at $188.79. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for ODFL stock?
Wall Street analysts predict ODFL stock could reach $199.00 in the next 12 months. This represents a 5.4% increase from the current price of $188.79. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Old Dominion Freight Line Inc's business model?
The company operates as a less-than-truckload (LTL) motor carrier, generating revenue through regional, inter-regional, and national freight services. It also offers expedited transportation and value-added services such as container drayage, truckload brokerage, and supply chain consulting, which contribute to its earnings.
What is the highest forecasted price for ODFL Old Dominion Freight Line Inc?
The highest price target for ODFL is $240.00 from Daniel Imbro at Stephens & Co., which represents a 27.1% increase from the current price of $188.79.
What is the lowest forecasted price for ODFL Old Dominion Freight Line Inc?
The lowest price target for ODFL is $155.00 from Todd Fowler at Keybanc, which represents a -17.9% decrease from the current price of $188.79.
What is the overall ODFL consensus from analysts for Old Dominion Freight Line Inc?
The overall analyst consensus for ODFL is neutral. Out of 29 Wall Street analysts, 4 rate it as Buy, 17 as Hold, and 3 as Sell, with a median price target of $199.00.
How accurate are ODFL stock price projections?
Stock price projections, including those for Old Dominion Freight Line Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
