Key Considerations Before Investing in ODFL

By Ken Smith • Tuesday, August 19 15:23 • Permanent Link

Old Dominion Freight Line logged a 3.0% change during today's afternoon session, and is now trading at a price of $154.92 per share. The S&P 500 index moved -1.0%. ODFL's trading volume is 1,800,248 compared to the stock's average volume of 1,791,864.

Old Dominion Freight Line trades -4.26% away from its average analyst target price of $161.82 per share. The 22 analysts following the stock have set target prices ranging from $129.0 to $195.0, and on average have given Old Dominion Freight Line a rating of hold.

If you are considering an investment in ODFL, you'll want to know the following:

Old Dominion Freight Line's current price is 215.1% above its Graham number of $49.17, which implies that at its current valuation it does not offer a margin of safety
Old Dominion Freight Line has moved -24.3% over the last year, and the S&P 500 logged a change of 15.2%
Based on its trailing earnings per share of 5.12, Old Dominion Freight Line has a trailing 12 month Price to Earnings (P/E) ratio of 30.3 while the S&P 500 average is 29.3
ODFL has a forward P/E ratio of 26.3 based on its forward 12 month price to earnings (EPS) of $5.9 per share
Its Price to Book (P/B) ratio is 7.71 compared to its sector average of 2.89
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America.
Based in Thomasville, the company has 21,719 full time employees and a market cap of $32.56 Billion. Old Dominion Freight Line currently returns an annual dividend yield of 0.7%.

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.