On Friday, Old Dominion Freight Line, Inc (NASDAQ: ODFL) was -3.39% drop from the session before settling in for the closing price of $187.74. A 52-week range for ODFL has been $165.49 – $233.26.
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A company in the Industrials sector has jumped its sales by 8.61% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -3.65%. With a float of $184.37 million, this company’s outstanding shares have now reached $213.79 million.
In an organization with 22902 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Old Dominion Freight Line, Inc stocks. The insider ownership of Old Dominion Freight Line, Inc is 13.64%, while institutional ownership is 78.21%. 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 1.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.65% 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
You can see what Old Dominion Freight Line, Inc (ODFL) is doing with its current performance indicators. In the most recent 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 6.31. Likewise, its price to free cash flow for the trailing twelve months is 37.84.
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 5.81 in one year’s time.
Technical Analysis of Old Dominion Freight Line, Inc (ODFL)
Let’s dig in a bit further. During the last 5-days, its volume was 2.27 million. That was better than the volume of 1.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.70%. Additionally, its Average True Range was 5.82.
During the past 100 days, Old Dominion Freight Line, Inc’s (ODFL) raw stochastic average was set at 9.33%, which indicates a significant decrease from 11.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.54% in the past 14 days, which was lower than the 34.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $208.42, while its 200-day Moving Average is $197.67. However, in the short run, Old Dominion Freight Line, Inc’s stock first resistance to watch stands at $186.80. Second resistance stands at $192.22. The third major resistance level sits at $197.61. If the price goes on to break the first support level at $175.99, it is likely to go to the next support level at $170.60. The third support level lies at $165.18 if the price breaches the second support level.
Old Dominion Freight Line, Inc (NASDAQ: ODFL) Key Stats
There are 213,498K outstanding shares of the company, which has a market capitalization of 37.41 billion. As of now, sales total 5,866 M while income totals 1,240 M. Its latest quarter income was 1,470 M while its last quarter net income were 308,580 K.
