On Tuesday, Old Dominion Freight Line, Inc (NASDAQ: ODFL) opened higher 0.38% from the last session, before settling in for the closing price of $225.11. Price fluctuations for ODFL have ranged from $165.49 to $233.26 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 -3.47% at the time writing. With a float of $184.46 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 38.67%, operating margin of 27.53%, and the pretax margin is 27.81%.
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 13.60%, while institutional ownership is 78.27%. The most recent insider transaction that took place on Nov 19 ’24, was worth 1,621,402. Before that another transaction happened on Nov 08 ’24, when Company’s Director sold 3,000 for $225.44, making the entire transaction worth $676,320. This insider now owns 7,383 shares in total.
Old Dominion Freight Line, Inc (ODFL) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.47 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.42) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.2 per share during the current fiscal year.
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 8.79% 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 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.14. Likewise, its price to free cash flow for the trailing twelve months is 48.80.
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 5.85 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 1.13 million, which is a drop from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 75.07%. Additionally, its Average True Range was 5.79.
During the past 100 days, Old Dominion Freight Line, Inc’s (ODFL) raw stochastic average was set at 86.94%, which indicates a significant increase from 68.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.04% in the past 14 days, which was lower than the 35.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $205.12, while its 200-day Moving Average is $198.72. However, in the short run, Old Dominion Freight Line, Inc’s stock first resistance to watch stands at $227.51. Second resistance stands at $229.05. The third major resistance level sits at $231.89. If the price goes on to break the first support level at $223.13, it is likely to go to the next support level at $220.29. Now, if the price goes above the second support level, the third support stands at $218.75.
Old Dominion Freight Line, Inc (NASDAQ: ODFL) Key Stats
There are currently 213,498K shares outstanding in the company with a market cap of 48.24 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.
