Here's What You May Have Missed About Old Dominion Freight Line (ODFL)

Shares of Industrials sector company Old Dominion Freight Line moved -4.5% today, and are now trading at a price of $262.15. The large-cap stock's daily volume was 687,582 compared to its average volume of 913,321. The S&P 500 index returned a -0.4% performance.

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. The company is based in Thomasville and has 24,586 full time employees. Its market capitalization is $29,301,553,152. Old Dominion Freight Line currently offers its equity investors a dividend that yields 0.4% per year.

18 analysts are following Old Dominion Freight Line and have set target prices ranging from $260 to $340 per share. On average, they have given the company a rating of hold. At today's prices, ODFL is trading -7.75% away from its average analyst target price of $284.17 per share.

Over the last year, ODFL shares have gone down by -18.1%, which represents a difference of -1.4% when compared to the S&P 500. The stock's 52 week high is $373.58 per share and its 52 week low is $231.31. With average free cash flows of $546,714,750.0 that have been growing at an average rate of 31.9% over the last four years, Old Dominion Freight Line declining stock performance may not be reflective of the quality of its underlying business.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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