Old Dominion Freight Line Inc. (ODFL): Detailed Summary on Industrials Stock


Old Dominion Freight Line Inc. (NASDAQ:ODFL) changes shares on Friday trading session, with a change of -0.01% or -$0.01 shares. The trading starts at $161.79 and closed at $163.01 throughout the day. The trading session low price was $161.79 and day high was $164.55 on Friday, June 26. After the session, the Industrials sector daily volume shifted to 1.63 million while its average volume is 898.69K. In other hand, the ODFL market cap reached to $18.82B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -3.10% and down -1.68% for month. Its quarterly performance was 27.02% above, while its half year performance is up 29.88%. ODFL yearly performance stood at positive 66.03% and rise 28.83% for year-to-date. Current recommendation for Old Dominion Freight Line Inc. is 2.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ODFL EPS (TTM) for 12-month is 5.12. EPS for this year is 3.70%, while for the next year its value is 5.70. Sales growth for the current quarter is 4.35 while its EPS Q/Q reached 1.50%. It has an EPS of 19.80% up for past five years and for the next five years will be up 7.33%.

Let’s take a look on the analyst recommendations on ODFL for the current month and previous month. For the current month, 4 of 15 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 1 as underweight and 8 as Hold. As compared with the previous month ratings, 15 analysts participate in stock recommendation. Out of 15, 2 rated it sell, 4 rated it as Buy and 9 as Hold Ratings.

Vanguard Group, Inc. (The), Capital Research Global Investors and Blackrock Inc. are the top three holders in Old Dominion Freight Line Inc. (ODFL) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 11.61 million shares which valued 1.52 billion. On Mar 30, 2020, Capital Research Global Investors owned 10.76 million shares which valued at 1.41 billion. On Mar 30, 2020, Blackrock Inc. has a total of 6.55 million shares which valued at 859.78 million. In the end, Blackrock Inc. have 5.55% shares outstanding of Old Dominion Freight Line Inc. (ODFL) on Mar 30, 2020. The insider ownership moved to 0.20% and institutional holding shifted to 76.60%.

The company posted an EPS (TTM) of 5.12. According to the most recent quarter report on (Jun 2020), 13 analysts estimated an average EPS of 1.06, while 1.44 EPS posted a year ago period. Analyst Estimated EPS for ODFL published in the report was 0.91-1.53 during the same period. Comparing with last year, the average estimated EPS was 1.44 which is higher than 1.17 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ODFL rise 21.76% for period of 200 days. SMA for 50 days was 5.19% which is showing green signal, while SMA-20 was -1.02%. The moving average value for Old Dominion Freight Line Inc. (ODFL) is 140.17 and 161.17 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ODFL stock. On Feb 11, Bates David J., SVP – Operations, sold 339 trading shares at the cost of $220.62, which valued at 74790.0. On Oct 31, CONGDON EARL E, Senior Executive Chairman, sold 23,500 shares at the cost of $181.94, with total shares of 622,476. On Oct 31, CONGDON DAVID S, Executive Chairman, sold 23,500 shares at the cost of 181.94. After this transaction, CONGDON DAVID S total shares reached to 622,476 which valued at 4.28 million.