Old Dominion Freight Line, Inc. (NASDAQ: ODFL) kicked off on Tuesday, up 1.94% from the previous trading day, before settling in for the closing price of $178.70. Over the past 52 weeks, ODFL has traded in a range of $165.49-$227.80.
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During the last 5-year period, the sales growth of Industrials Sector giant was 8.61%. While this was happening, its average annual earnings per share was recorded 5.48%. With a float of $188.02 million, this company’s outstanding shares have now reached $217.93 million.
Let’s determine the extent of company efficiency that accounts for 22902 employees.
Old Dominion Freight Line, Inc. (ODFL) Breakdown of a Key Holders of the stock
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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 1.32 earnings per share (EPS), higher than consensus estimate (set at 1.32) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.40% 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 6.73. Likewise, its price to free cash flow for the trailing twelve months is 42.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.68, a number that is poised to hit 1.46 in the next quarter and is forecasted to reach 7.01 in one year’s time.
Technical Analysis of Old Dominion Freight Line, Inc. (ODFL)
Looking closely at Old Dominion Freight Line, Inc. (NASDAQ: ODFL), its last 5-days average volume was 2.02 million, which is a jump from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 81.51%. Additionally, its Average True Range was 4.67.
During the past 100 days, Old Dominion Freight Line, Inc.’s (ODFL) raw stochastic average was set at 26.77%, which indicates a significant decrease from 96.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.33% in the past 14 days, which was lower than the 33.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $179.42, while its 200-day Moving Average is $198.45. However, in the short run, Old Dominion Freight Line, Inc.’s stock first resistance to watch stands at $183.81. Second resistance stands at $185.44. The third major resistance level sits at $188.20. If the price goes on to break the first support level at $179.42, it is likely to go to the next support level at $176.66. Now, if the price goes above the second support level, the third support stands at $175.03.
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) Key Stats
The company with the Market Capitalisation of 39.58 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.
