Exploring Investment Opportunities with Old Dominion Freight Line

Shares of Old Dominion Freight Line have moved 1.6% today, and are now trading at a price of $173.82. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 951,089 compared to the stock's average volume of 1,691,119.

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Based in Thomasville, United States the company has 22,891 full time employees and a market cap of $37,769,564,160. Old Dominion Freight Line currently offers its equity investors a dividend that yields 0.5% per year.

The company is now trading -15.69% away from its average analyst target price of $206.18 per share. The 18 analysts following the stock have set target prices ranging from $174.0 to $245.0, and on average give Old Dominion Freight Line a rating of buy.

Over the last 52 weeks, ODFL stock has risen 9.7%, which amounts to a -13.0% difference compared to the S&P 500. The stock's 52 week high is $227.8 whereas its 52 week low is $153.17 per share. Based on Old Dominion Freight Line's average net margin growth of 5.9% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 5,866,152 1,239,502 21 -4.55
2022 6,260,077 1,377,159 22 10.0
2021 5,256,328 1,034,375 20 17.65
2020 4,015,129 672,682 17 13.33
2019 4,109,111 615,518 15 0.0
2018 4,043,695 605,668 15
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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