Old Dominion Freight Line, Inc (ODFL)’s latest performance is not what we had anticipated

Old Dominion Freight Line, Inc (NASDAQ: ODFL) kicked off on Tuesday, up 4.34% from the previous trading day, before settling in for the closing price of $143.02. Over the past 52 weeks, ODFL has traded in a range of $140.91-$233.26.

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A company in the Industrials sector has jumped its sales by 16.51% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -11.29%. With a float of $181.34 million, this company’s outstanding shares have now reached $210.60 million.

In an organization with 21895 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.46%, operating margin of 25.39%, and the pretax margin is 25.43%.

Old Dominion Freight Line, Inc (ODFL) Insider Updates

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 13.72%, while institutional ownership is 78.39%. The most recent insider transaction that took place on Feb 28 ’25, was worth 432,260. In this transaction EVP and CFO of this company bought 2,457 shares at a rate of $175.93, taking the stock ownership to the 23,594 shares. Before that another transaction happened on Feb 13 ’25, when Company’s Director sold 6,414 for $205.87, making the entire transaction worth $1,320,450. This insider now owns 104,266 shares in total.

Old Dominion Freight Line, Inc (ODFL) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.43 earnings per share (EPS), higher than consensus estimate (set at 1.42) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -11.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.60% during the next five years compared to 16.51% 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 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.56. Likewise, its price to free cash flow for the trailing twelve months is 40.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.12, a number that is poised to hit 1.24 in the next quarter and is forecasted to reach 5.60 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 1.95 million. That was better than the volume of 1.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.85%.

During the past 100 days, Old Dominion Freight Line, Inc’s (ODFL) raw stochastic average was set at 23.15%, which indicates a significant decrease from 24.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.29 in the past 14 days, which was higher than the 5.21 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $159.94, while its 200-day Moving Average is $177.35. However, in the short run, Old Dominion Freight Line, Inc’s stock first resistance to watch stands at $151.59. Second resistance stands at $153.96. The third major resistance level sits at $158.23. If the price goes on to break the first support level at $144.95, it is likely to go to the next support level at $140.68. Assuming the price breaks the second support level, the third support level stands at $138.31.

Old Dominion Freight Line, Inc (NASDAQ: ODFL) Key Stats

The company with the Market Capitalisation of 31.36 billion has total of 210,168K Shares Outstanding. Its annual sales at the moment are 5,815 M in contrast with the sum of 1,186 M annual income. Company’s last quarter sales were recorded 1,408 M and last quarter income was 268,630 K.

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