Old Dominion Freight Line, Inc (NASDAQ: ODFL) is 0.07% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ODFL stock was last observed hovering at around $174.99 in the last trading session, with the day’s gains setting it 1.53%.
Currently trading at $176.52, the stock is -7.45% and -5.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing 0.87% at the moment leaves the stock -8.55% off its SMA200. ODFL registered -20.54% loss for a year compared to 6-month loss of -8.44%.
The stock witnessed a -3.04% gain in the last 1 month and extending the period to 3 months gives it a -21.60%, and is 0.47% up 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 3.76% over the week and 3.49% over the month.
Old Dominion Freight Line, Inc (ODFL) has around 21895 employees, a market worth around $37.52B and $5.81B in sales. Current P/E ratio is 32.23 and Fwd P/E is 26.51. Profit margin for the company is 20.40%. Distance from 52-week low is 6.67% and -24.32% from its 52-week high. The company has generated returns on investments over the last 12 months (27.10%).
The EPS is expected to grow by 2.36% this year
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
A total of 0 insider transactions have happened at Old Dominion Freight Line, Inc (ODFL) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Satterfield Adam N, the company’s EVP and CFO. SEC filings show that Satterfield Adam N bought 2,457 shares of the company’s common stock on Feb 28 ’25 at a price of $175.93 per share for a total of $0.43 million. Following the purchase, the insider now owns 23594.0 shares.
Old Dominion Freight Line, Inc disclosed in a document filed with the SEC on Feb 13 ’25 that Gantt Greg C (Director) sold a total of 6,414 shares of the company’s common stock. The trade occurred on Feb 13 ’25 and was made at $205.87 per share for $1.32 million. Following the transaction, the insider now directly holds 0.1 million shares of the ODFL stock.
Still, SEC filings show that on Feb 13 ’25, Gantt Greg C (Director) Proposed Sale 6,414 shares at an average price of $203.02 for $1.3 million. The insider now directly holds shares of Old Dominion Freight Line, Inc (ODFL).
Old Dominion Freight Line, Inc (ODFL): Who are the competitors?
One of the company’s main competitors (and peers) include J.B. Hunt Transport Services Inc. (JBHT) that is trading -19.91% down over the past 12 months.TFI International Inc. (TFII) lies in the list of competitors of the Old Dominion Freight Line, Inc and is -44.44% lower over the same period from ODFLKnight-Swift Transportation Holdings Inc. Cl A (KNX) is -11.92% down on the 1-year trading charts.
