Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Old Dominion Freight Line Inc Market Cap
The Old Dominion Freight Line Inc (ODFL) share price is expected to increase by 3% over the next year. This is based on calculating the average 12-month share price estimate provided by 15 stock analysts who have covered ODFL. Price targets range from $160 at the low end to $228 at the high end. The current analyst consensus for ODFL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Old Dominion Freight Line Inc has a total of 15 Wall St Analyst ratings. There are 5 buy ratings, 9 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Old Dominion Freight Line Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ODFL.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Jonathan Chappell Evercore ISI Group | In-Line | $188 | Maintains | Oct 3, 2024 |
| Bascome Majors Susquehanna | Positive | $225 | Maintains | Sep 18, 2024 |
| Chris Kuhn Benchmark | Hold | Reiterates | Sep 11, 2024 | |
| Ken Hoexter B of A Securities | Neutral | $206 | Maintains | Sep 6, 2024 |
| Brian Ossenbeck JP Morgan | Neutral | $189 | Maintains | Sep 6, 2024 |
| Chris Kuhn Benchmark | Hold | Reiterates | Sep 5, 2024 | |
| Daniel Imbro Stephens & Co. | Overweight | $214 | Reiterates | Sep 5, 2024 |
| Christian Wetherbee Wells Fargo | Underweight | $170 | Maintains | Sep 5, 2024 |
| Patrick Tyler Brown Raymond James | Outperform | $209 | Maintains | Jul 25, 2024 |
| Garrett Holland Baird | Outperform | $215 | Maintains | Jul 25, 2024 |
| Jason Seidl TD Cowen | Hold | $214 | Maintains | Jul 25, 2024 |
| Fadi Chamoun BMO Capital | Outperform | $215 | Maintains | Jul 25, 2024 |
| Chris Kuhn Benchmark | Hold | Reiterates | Jul 25, 2024 | |
| Brian Ossenbeck JP Morgan | Neutral | $193 | Maintains | Jul 25, 2024 |
| Ken Hoexter B of A Securities | Neutral | $203 | Maintains | Jul 22, 2024 |
| Ravi Shanker Morgan Stanley | Equal-Weight | $168 | Maintains | Jul 8, 2024 |
| Jonathan Chappell Evercore ISI Group | In-Line | $196 | Downgrade | Jun 25, 2024 |
| Patrick Tyler Brown Raymond James | Outperform | $190 | Maintains | Jun 24, 2024 |
| Brandon Oglenski Barclays | Equal-Weight | $195 | Maintains | Jun 12, 2024 |
| Bascome Majors Susquehanna | Positive | $210 | Maintains | Jun 12, 2024 |
When did it IPO
1991
Staff Count
22,796
Country
United States
Sector/Industry
Industrials/Trucking
CEO
Mr. Kevin M. Freeman
Market Cap
$41.12B
In 2023, ODFL generated $5.87B in revenue, which was a decrease of -6.29% from the previous year. This can be seen as a signal that ODFL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Old Dominion Freight Line, Inc. will release its Q3 2024 financial results on October 23, 2024, before market opening, and will hold a conference call at 10:00 a.m. ET the same day.
Why It Matters - The upcoming financial results and conference call for Old Dominion Freight Line on October 23, 2024, could influence stock performance and investor sentiment based on earnings and outlook.
Thu, 26 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Old Dominion's revenue is declining due to a freight market downturn, while high operating expenses are negatively impacting the company's financial outlook.
Why It Matters - A downturn in the freight market and rising operating expenses may lead to reduced revenues and profitability for Old Dominion, impacting its stock performance and investor sentiment.
Wed, 18 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - ODFL is facing multiple challenges, prompting an assessment of its investment worthiness at current stock levels.
Why It Matters - ODFL's challenges may impact its financial performance and stock valuation, signaling potential risks or opportunities for investors considering its current investment appeal.
Tue, 10 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - An investor has concentrated funds into five dividend stocks based on strong financials and growth potential, aiming for high returns despite the associated risks. Performance will be monitored closely.
Why It Matters - The excerpt highlights a high-risk investment strategy focused on dividend stocks, indicating potential volatility and significant returns, which may influence market sentiment and stock valuations.
Wed, 04 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - A new three-story facility has opened, focusing on experiential learning, research, and housing two public-facing clinics, enhancing educational and healthcare services.
Why It Matters - The new facility enhances educational and research capabilities, potentially driving innovation and attracting partnerships, which can positively impact stock performance and market positioning.
Thu, 05 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - ODFL's revenue per day decreased by 5.2% year-over-year in August 2024, attributed to a 6.1% decline in LTL tons per day.
Why It Matters - A 5.2% decline in ODFL's revenue per day signals weakening demand and operational challenges, potentially impacting profitability and stock performance.
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