Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is -5.94% lower on its value in year-to-date trading and has touched a low of $165.49 and a high of $227.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ODFL stock was last observed hovering at around $193.23 in the last trading session, with the day’s loss setting it -2.61%.
Currently trading at $190.62, the stock is -3.99% and 2.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing -1.35% at the moment leaves the stock -3.36% off its SMA200. ODFL registered -6.09% loss for a year compared to 6-month loss of -12.43%.
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The stock witnessed a 0.21% gain in the last 1 month and extending the period to 3 months gives it a 3.02%, and is -1.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.20% over the week and 4.11% over the month.
Old Dominion Freight Line, Inc. (ODFL) has around 22902 employees, a market worth around $40.85B and $5.97B in sales. Current P/E ratio is 32.68 and Fwd P/E is 28.72. Profit margin for the company is 21.38%. Distance from 52-week low is 15.19% and -16.32% from its 52-week high. The company has generated returns on investments over the last 12 months (30.74%).
The EPS is expected to grow by 1.45% this year.
Old Dominion Freight Line, Inc. (ODFL) Top Institutional Holders
The shares outstanding are 217.93M, and float is at 185.46M with Short Float at 3.15%.
Old Dominion Freight Line, Inc. (ODFL) Insider Activity
Old Dominion Freight Line, Inc. disclosed in a document filed with the SEC on Jul 30 ’24 that Stith Thomas A. III (Director) sold a total of 550 shares of the company’s common stock. The trade occurred on Jul 30 ’24 and was made at $205.55 per share for $0.11 million. Following the transaction, the insider now directly holds 2929.0 shares of the ODFL stock.
Still, SEC filings show that on Jul 29 ’24, Gantt Greg C (Director) Proposed Sale 25,000 shares at an average price of $201.50 for $5.04 million. The insider now directly holds shares of Old Dominion Freight Line, Inc. (ODFL).
