24-Apr-2024
Benchmark Co. Sticks to Their Hold Rating for Old Dominion Freight (ODFL)
TipRanks (Thu, 25-Apr 7:30 AM ET)
TipRanks (Thu, 25-Apr 5:41 AM ET)
TipRanks (Wed, 24-Apr 8:45 PM ET)
Old Dominion results weigh on trucking sector as industry challenges persist
Seeking Alpha News (Wed, 24-Apr 1:59 PM ET)
Old Dominion Freight Line GAAP EPS of $1.34 in-line, revenue of $1.46B misses by $10M
Seeking Alpha News (Wed, 24-Apr 7:03 AM ET)
Old Dominion Freight Line Reports First Quarter 2024 Earnings Per Diluted Share of $1.34
Business Wire (Wed, 24-Apr 7:00 AM ET)
Stocks with the least price swings, most attractive option-sale candidates - JPM
Seeking Alpha News (Tue, 23-Apr 12:26 PM ET)
Old Dominion Freight Line Q1 2024 Earnings Preview
Seeking Alpha News (Tue, 23-Apr 11:31 AM ET)
Notable earnings before Wednesday's open
Seeking Alpha News (Tue, 23-Apr 10:25 AM ET)
Benzinga (Sun, 21-Apr 5:45 PM ET)
Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are head and shoulders above its peers. Strategic initiatives revolve around boosting network density through market share gains and maintaining industry-leading service (including ultralow cargo claims) via steadfast infrastructure investment.
Old Dominion Freight Line trades on the NASDAQ stock market under the symbol ODFL.
As of April 24, 2024, ODFL stock price declined to $195.06 with 4,407,049 million shares trading.
ODFL has a beta of 1.38, meaning it tends to be more sensitive to market movements. ODFL has a correlation of 0.05 to the broad based SPY ETF.
ODFL has a market cap of $42.45 billion. This is considered a Large Cap stock.
Last quarter Old Dominion Freight Line reported $1 billion in Revenue and $1.47 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.04.
In the last 3 years, ODFL stock traded as high as $227.80 and as low as $57.83.
The top ETF exchange traded funds that ODFL belongs to (by Net Assets): VTI, VOO, VO, QQQ, SPY.
ODFL has outperformed the market in the last year with a return of +120.6%, while the SPY ETF gained +24.1%. In the last 3 month period, ODFL beat the market returning +99.3%, while SPY returned +4.5%. However, in the most recent 2 weeks ODFL has underperformed the stock market by returning -9.3%, while SPY returned -1.7%.
ODFL support price is $214.28 and resistance is $224.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ODFL stock will trade within this expected range on the day.