Old Dominion Freight Line, Inc. (ODFL) concluded trading on Wednesday at a closing price of $188.67, with 3.89 million shares of worth about $734.03 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.28% during that period and on October 23, 2024 the price saw a loss of about -5.45%. Currently the company’s common shares owned by public are about 217.93M shares, out of which, 185.07M shares are available for trading.
Stock saw a price change of -7.28% in past 5 days and over the past one month there was a price change of -4.91%. Year-to-date (YTD), ODFL shares are showing a performance of -6.91% which decreased to -2.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $165.49 but also hit the highest price of $227.80 during that period. The average intraday trading volume for Old Dominion Freight Line, Inc. shares is 1.41 million. The stock is currently trading -3.88% below its 20-day simple moving average (SMA20), while that difference is down -3.59% for SMA50 and it goes to -4.26% lower than SMA200.
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Old Dominion Freight Line, Inc. (NASDAQ: ODFL) currently have 217.93M outstanding shares and institutions hold larger chunk of about 78.04% of that.
The stock has a current market capitalization of $40.43B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 32.35, while it has posted earnings per share of $5.83 in the same period. Its PEG reads 3.79 and has Quick Ratio of 1.46 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ODFL, volatility over the week remained 2.87% while standing at 2.51% over the month.
Stock’s fiscal year EPS is expected to drop by -1.88% while it is estimated to increase by 10.84% in next year. EPS is likely to shrink at an annualized rate of 8.54% for next 5-years, compared to annual growth of 17.99% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on October 21, 2024 offering a Hold rating for the stock and assigned a target price range of between $209 and $197 to it. Coverage by BMO Capital Markets stated Old Dominion Freight Line, Inc. (ODFL) stock as a Market perform in their note to investors on October 18, 2024, suggesting a price target of $210 for the stock. On October 09, 2024, Citigroup Initiated their recommendations, while on September 06, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $209. Stock get an In-line rating from Evercore ISI on June 25, 2024.
