Old Dominion Freight Line, Inc (NASDAQ: ODFL) kicked off on Tuesday, down -2.38% from the previous trading day, before settling in for the closing price of $231.84. Over the past 52 weeks, ODFL has traded in a range of $165.49-$233.26.
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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 -3.47%. With a float of $184.38 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) Insider Activity
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 13.64%, while institutional ownership is 77.22%. The most recent insider transaction that took place on Nov 08 ’24, was worth 676,320. In this transaction Director of this company sold 3,000 shares at a rate of $225.44, taking the stock ownership to the 7,383 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Executive Chairman sold 60,000 for $226.30, making the entire transaction worth $13,578,000. This insider now owns 1,321,596 shares in total.
Old Dominion Freight Line, Inc (ODFL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -3.47% 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
Take a look at Old Dominion Freight Line, Inc’s (ODFL) current performance indicators. Last quarter, stock had a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.16. Likewise, its price to free cash flow for the trailing twelve months is 48.88.
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 5.86 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 1.88 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 86.16%. Additionally, its Average True Range was 6.59.
During the past 100 days, Old Dominion Freight Line, Inc’s (ODFL) raw stochastic average was set at 88.59%, which indicates a significant increase from 84.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.67% in the past 14 days, which was higher than the 35.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $199.36, while its 200-day Moving Average is $198.15. However, in the short run, Old Dominion Freight Line, Inc’s stock first resistance to watch stands at $229.69. Second resistance stands at $233.05. The third major resistance level sits at $234.87. If the price goes on to break the first support level at $224.51, it is likely to go to the next support level at $222.69. Should the price break the second support level, the third support level stands at $219.33.
Old Dominion Freight Line, Inc (NASDAQ: ODFL) Key Stats
The company with the Market Capitalisation of 48.32 billion has total of 213,498K 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 1,470 M and last quarter income was 308,580 K.
