On Friday, Old Dominion Freight Line, Inc. (NASDAQ: ODFL) opened higher 3.12% from the last session, before settling in for the closing price of $191.81. Price fluctuations for ODFL have ranged from $165.49 to $227.80 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 8.61%. Company’s average yearly earnings per share was noted -2.93% at the time writing. With a float of $185.07 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. In terms of profitability, gross margin is 34.9%, operating margin of 27.53%, and the pretax margin is 26.22%.
Old Dominion Freight Line, Inc. (ODFL) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Trucking industry is another important factor to consider. The insider ownership of Old Dominion Freight Line, Inc. is 13.64%, while institutional ownership is 78.00%. The most recent insider transaction that took place on Aug 29 ’24, was worth 1,951,700. In this transaction Executive Chairman of this company sold 10,000 shares at a rate of $195.17, taking the stock ownership to the 1,391,621 shares. Before that another transaction happened on Aug 30 ’24, when Company’s Executive Chairman sold 10,025 for $190.19, making the entire transaction worth $1,906,655. This insider now owns 1,381,596 shares in total.
Old Dominion Freight Line, Inc. (ODFL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -2.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.50% 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
Check out the current performance indicators for Old Dominion Freight Line, Inc. (ODFL). In the past quarter, the stock posted a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.15. Likewise, its price to free cash flow for the trailing twelve months is 40.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.72, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 5.92 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 2.08 million, which is a jump from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 29.55%. Additionally, its Average True Range was 5.71.
During the past 100 days, Old Dominion Freight Line, Inc.’s (ODFL) raw stochastic average was set at 63.27%, which indicates a significant increase from 51.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.69% in the past 14 days, which was higher than the 30.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $195.68, while its 200-day Moving Average is $197.07. However, in the short run, Old Dominion Freight Line, Inc.’s stock first resistance to watch stands at $200.29. Second resistance stands at $202.78. The third major resistance level sits at $206.25. If the price goes on to break the first support level at $194.33, it is likely to go to the next support level at $190.86. Now, if the price goes above the second support level, the third support stands at $188.37.
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) Key Stats
There are currently 217,285K shares outstanding in the company with a market cap of 42.39 billion. Presently, the company’s annual sales total 5,866 M according to its annual income of 1,240 M. Last quarter, the company’s sales amounted to 1,470 M and its income totaled 308,580 K.
