A new trading day began on Tuesday, with Old Dominion Freight Line, Inc (NASDAQ: ODFL) stock price up 1.48% from the previous day of trading, before settling in for the closing price of $203.99. ODFL’s price has ranged from $165.49 to $227.80 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 8.61%. Meanwhile, its annual earnings per share averaged -2.93%. With a float of $185.08 million, this company’s outstanding shares have now reached $217.93 million.
Considering the fact that the conglomerate employs 22902 people, you should pay attention to its efficiency factor. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Trucking Industry. The insider ownership of Old Dominion Freight Line, Inc is 13.64%, while institutional ownership is 77.10%. The most recent insider transaction that took place on Oct 28 ’24, was worth 1,400,490. In this transaction Director of this company sold 7,000 shares at a rate of $200.07, taking the stock ownership to the 97,890 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Director proposed sale 7,000 for $197.79, making the entire transaction worth $1,384,530.
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
Here are Old Dominion Freight Line, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.49. Likewise, its price to free cash flow for the trailing twelve months is 42.57.
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)
Compared to the last year’s volume of 1.55 million, its volume of 1.16 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.39%. Additionally, its Average True Range was 5.16.
During the past 100 days, Old Dominion Freight Line, Inc’s (ODFL) raw stochastic average was set at 80.83%, which indicates a significant decrease from 92.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.83% in the past 14 days, which was higher than the 29.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $195.95, while its 200-day Moving Average is $197.39. Nevertheless, the first resistance level for the watch stands at $208.56 in the near term. At $210.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $213.06. If the price goes on to break the first support level at $204.06, it is likely to go to the next support level at $201.12. Now, if the price goes above the second support level, the third support stands at $199.56.
Old Dominion Freight Line, Inc (NASDAQ: ODFL) Key Stats
With a market capitalization of 44.36 billion, the company has a total of 217,285K Shares Outstanding. Currently, annual sales are 5,866 M while annual income is 1,240 M. The company’s previous quarter sales were 1,470 M while its latest quarter income was 308,580 K.
