Long-Time Horizon Analysis of Old Dominion Freight Line Inc. (ODFL) Stock

As of right now, Old Dominion Freight Line Inc. [ODFL] is trading at $310.19, up 3.23%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ODFL shares have gain 1.23% over the last week, with a monthly amount glided 1.53%, and seem to be holding up well over a long-time horizon.

25-cent Stock Takes $11T Commodities Sector Digital

One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.

All the details are in the FREE online report you can get here.


On 18, May 2023, Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend. In a post published today on Yahoo Finance, Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on June 21, 2023, to shareholders of record at the close of business on June 7, 2023. This dividend represents a 33.3% increase over the dividend paid in June 2022.

From an analyst’s perspective:

Through the last year, Old Dominion Freight Line Inc.’s stock price ranged from $231.70 to $381.81. Currently, Wall Street analysts expect the stock to reach $325.56 within the next 12 months. Old Dominion Freight Line Inc. [NASDAQ: ODFL] shares were valued at $310.19 at the most recent close of the market. An investor can expect a potential return of 4.96% based on the average ODFL price forecast.

Analyzing the ODFL fundamentals

For Old Dominion Freight Line Inc., (ODFL), the latest quarter sales were 1.44 billion, which represents an -3.70% decrease. During this period, the public company’s revenue per employee was $266,715, while its income per employee was $58,675. Gross Margin for this corporation currently stands at +35.11% with Operating Margin at +29.65%, Pretax Margin comes in at +29.41%, and Net Margin reading is +22.00%. To continue investigating profitability, this company’s Return on Assets is posted at 28.51, Equity is 37.56, Total Capital is 48.00, and Invested Capital is 35.85. An extended look at the Principal structure reveals enduring liabilities to the total capital of 5.14 and enduring liabilities to assets of 4.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 304.05 points at the first support level, and at 297.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 313.80, and for the 2nd resistance point, it is at 317.42.

Old Dominion Freight Line Inc. [ODFL] reported earnings per share of $2.58 for its fiscal quarter that ended on 3/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.7/share, meaning a difference of -$0.12 and a surprise factor of -4.40%. By comparison, the stated earnings for the previous quarter ended on 12/30/2022 were $2.92 per share as compared to estimates of $2.68 per share, a difference of $0.24 representing a surprise of 9.00%.

Ratios To Look Out For

It is important to note that Old Dominion Freight Line Inc. [NASDAQ:ODFL] has a current ratio of 1.60. In addition, the Quick Ratio stands at 1.76 and the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 5.13, the price to book ratio is 8.56 and the P/E (TTM) ratio is 25.52.

Transactions by insiders

In the past 3 months, 0 insiders have purchased 0 shares, and 1 have sold 1,208 shares. Recent insider trading involved Bates David J., SVP – Operations, that happened on Feb 27 when 1208.0 shares were sold. Executive Chairman, CONGDON DAVID S completed a deal on Feb 16 to sell 20000.0 shares. Meanwhile, Director Gabosch Bradley R sold 2700.0 shares on Feb 14.