Old Dominion Freight Line, Inc (NASDAQ: ODFL) is -0.92% lower on its value in year-to-date trading and has touched a low of $165.49 and a high of $233.26 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 $175.69 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $174.77, the stock is -9.27% and -7.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing -0.52% at the moment leaves the stock -9.53% off its SMA200. ODFL registered -21.61% loss for a year compared to 6-month loss of -12.23%.
The stock witnessed a -8.01% gain in the last 1 month and extending the period to 3 months gives it a -20.65%, and is -11.40% 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 5.29% over the week and 3.25% over the month.
Old Dominion Freight Line, Inc (ODFL) has around 21895 employees, a market worth around $37.15B and $5.81B in sales. Current P/E ratio is 31.91 and Fwd P/E is 26.19. Profit margin for the company is 20.40%. Distance from 52-week low is 5.61% and -25.08% from its 52-week high. The company has generated returns on investments over the last 12 months (27.10%).
with sales reaching $1.38B over the same period.The EPS is expected to grow by 2.51% this year, but quarterly earnings will post 2.40% year-over-year. Quarterly sales are estimated to shrink -5.79% in year-over-year returns.
The shares outstanding are 212.98M, and float is at 183.53M with Short Float at 5.33%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.04 million shares valued at $3.89 billion. The investor’s holdings represent 10.1293 of the ODFL Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 16.33 million shares valued at $2.88 billion to account for 7.5026 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 16.2 million shares representing 7.4461 and valued at over $2.86 billion, while CIBC PRIVATE WEALTH GROUP, LLC holds 4.0727 of the shares totaling 8.81 million with a market value of $1.6 billion.
Old Dominion Freight Line, Inc (ODFL) Insider Activity
The most recent transaction is an insider sale by Gantt Greg C, the company’s Director. SEC filings show that Gantt Greg C sold 6,414 shares of the company’s common stock on Feb 13 ’25 at a price of $205.87 per share for a total of $1.32 million. Following the sale, the insider now owns 0.1 million shares.
Still, SEC filings show that on Nov 19 ’24, CONGDON EARL E (Affiliate) Proposed Sale 7,577 shares at an average price of $213.99 for $1.62 million. The insider now directly holds shares of Old Dominion Freight Line, Inc (ODFL).
