Old Dominion Freight Line, Inc. (NASDAQ: ODFL) kicked off on Friday, down -0.10% from the previous trading day, before settling in for the closing price of $172.91. Over the past 52 weeks, ODFL has traded in a range of $155.11-$227.80.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 8.61%. While this was happening, its average annual earnings per share was recorded 6.20%. With a float of $188.02 million, this company’s outstanding shares have now reached $217.93 million.
The extent of productivity of a business whose workforce counts for 22902 workers is very important to gauge.
Old Dominion Freight Line, Inc. (ODFL) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Trucking Industry. The insider ownership of Old Dominion Freight Line, Inc. is 13.47%, while institutional ownership is 74.39%. The most recent insider transaction that took place on Feb 27 ’24, was worth 3,524,857. In this transaction Director of this company sold 7,972 shares at a rate of $442.15, taking the stock ownership to the 6,770 shares. Before that another transaction happened on Feb 23 ’24, when Company’s Executive Chairman sold 34,000 for $440.97, making the entire transaction worth $14,993,133. This insider now owns 732,712 shares in total.
Old Dominion Freight Line, Inc. (ODFL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 6.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.10% during the next five years compared to 17.99% growth over the previous five years of trading.
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) Trading Performance Indicators
Take a look at Old Dominion Freight Line, Inc.’s (ODFL) current performance indicators. Last quarter, stock had a quick ratio of 2.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.38. Likewise, its price to free cash flow for the trailing twelve months is 40.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.68, a number that is poised to hit 1.47 in the next quarter and is forecasted to reach 7.07 in one year’s time.
Technical Analysis of Old Dominion Freight Line, Inc. (ODFL)
The latest stats from [Old Dominion Freight Line, Inc., ODFL] show that its last 5-days average volume of 1.68 million was superior to 1.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.39%. Additionally, its Average True Range was 5.63.
During the past 100 days, Old Dominion Freight Line, Inc.’s (ODFL) raw stochastic average was set at 11.64%, which indicates a significant decrease from 43.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.23% in the past 14 days, which was lower than the 34.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $188.68, while its 200-day Moving Average is $200.44. Now, the first resistance to watch is $174.96. This is followed by the second major resistance level at $177.18. The third major resistance level sits at $181.25. If the price goes on to break the first support level at $168.68, it is likely to go to the next support level at $164.61. Assuming the price breaks the second support level, the third support level stands at $162.39.
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) Key Stats
The company with the Market Capitalisation of 37.53 billion has total of 217,285K Shares Outstanding. Its annual sales at the moment are 5,866 M in contrast with the sum of 1,240 M annual income. Company’s last quarter sales were recorded 1,460 M and last quarter income was 292,300 K.
