Old Dominion Freight Line, Inc (ODFL) shares projected to rise by 25.17%

Old Dominion Freight Line, Inc [ODFL] stock is trading at $167.09, up 0.99%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ODFL shares have lost -0.30% over the last week, with a monthly amount drifted -3.01%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Old Dominion Freight Line, Inc [NASDAQ: ODFL] stock has seen the most recent analyst activity on March 13, 2025, when Truist initiated its Buy rating and assigned the stock a price target of $220. Previously, Deutsche Bank started tracking the stock with Buy rating on March 07, 2025, and set its price target to $236. On February 24, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $200 on the stock. Susquehanna downgraded its rating to a Neutral but stick to its price target of $195 on January 07, 2025. Argus downgraded its rating to a Hold. Stifel downgraded its rating to Hold for this stock on October 21, 2024, and downed its price target to $197. In a note dated October 18, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $214 to $210.

Old Dominion Freight Line, Inc [ODFL] stock has fluctuated between $157.67 and $233.26 over the past year. Currently, Wall Street analysts expect the stock to reach $209.14 within the next 12 months. Old Dominion Freight Line, Inc [NASDAQ: ODFL] shares were valued at $167.09 at the most recent close of the market. An investor can expect a potential return of 25.17% based on the average ODFL price forecast.

Analyzing the ODFL fundamentals

Old Dominion Freight Line, Inc [NASDAQ:ODFL] reported sales of 5.81B for the trailing twelve months, which represents a drop of -7.34%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.28 and Total Capital is 0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

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 164.07 points at the first support level, and at 161.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 169.05, and for the 2nd resistance point, it is at 171.02.

Ratios To Look Out For

For context, Old Dominion Freight Line, Inc’s Current Ratio is 1.33. As well, the Quick Ratio is 1.33, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 6.11, the price to book ratio is 8.38 and price to earnings (TTM) ratio is 30.51.

Transactions by insiders

Recent insider trading involved Satterfield Adam N, EVP and CFO, that happened on Feb 28 ’25 when 2457.0 shares were purchased. Director, Gantt Greg C completed a deal on Feb 13 ’25 to sell 6414.0 shares. Meanwhile, Director Gantt Greg C bought 6414.0 shares on Feb 13 ’25.

Related Posts