A new trading day began on Tuesday, with Old Dominion Freight Line, Inc (NASDAQ: ODFL) stock price up 0.57% from the previous day of trading, before settling in for the closing price of $203.93. ODFL’s price has ranged from $165.49 to $233.26 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 8.61%. Meanwhile, its annual earnings per share averaged -3.61%. With a float of $184.46 million, this company’s outstanding shares have now reached $213.79 million.
The extent of productivity of a business whose workforce counts for 22902 workers is very important to gauge. In terms of profitability, gross margin is 35.19%, operating margin of 27.53%, and the pretax margin is 27.81%.
Old Dominion Freight Line, Inc (ODFL) Insider and Institutional Ownership
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 13.60%, while institutional ownership is 78.26%. 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) Latest Financial update
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 -3.61% 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
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 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.39. Likewise, its price to free cash flow for the trailing twelve months is 44.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.72, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 5.82 in one year’s time.
Technical Analysis of Old Dominion Freight Line, Inc (ODFL)
The latest stats from [Old Dominion Freight Line, Inc, ODFL] show that its last 5-days average volume of 1.54 million was superior to 1.53 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.92%. Additionally, its Average True Range was 5.77.
During the past 100 days, Old Dominion Freight Line, Inc’s (ODFL) raw stochastic average was set at 47.29%, which indicates a significant increase from 16.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.98% in the past 14 days, which was lower than the 35.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $207.89, while its 200-day Moving Average is $198.62. Now, the first resistance to watch is $207.81. This is followed by the second major resistance level at $210.52. The third major resistance level sits at $214.19. If the price goes on to break the first support level at $201.43, it is likely to go to the next support level at $197.76. The third support level lies at $195.05 if the price breaches the second support level.
Old Dominion Freight Line, Inc (NASDAQ: ODFL) Key Stats
With a market capitalization of 43.79 billion, the company has a total of 213,498K 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.
