In the past week, ODFL stock has gone down by -0.71%, with a monthly decline of -17.59% and a quarterly plunge of -5.65%. The volatility ratio for the week is 2.41%, and the volatility levels for the last 30 days are 2.65% for Old Dominion Freight Line, Inc The simple moving average for the last 20 days is -5.56% for ODFL stock, with a simple moving average of -8.21% for the last 200 days.
Is It Worth Investing in Old Dominion Freight Line, Inc (NASDAQ: ODFL) Right Now?
Old Dominion Freight Line, Inc (NASDAQ: ODFL) has a price-to-earnings ratio that is above its average at 31.48x. The stock has a 36-month beta value of 1.06. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 16 as “hold,” and 2 as “sell.”
The public float for ODFL is 184.37M, and at present, short sellers hold a 4.58% of that float. On January 03, 2025, the average trading volume of ODFL was 1.41M shares.
ODFL) stock’s latest price update
Old Dominion Freight Line, Inc (NASDAQ: ODFL)’s stock price has plunge by 2.52relation to previous closing price of 175.73. Nevertheless, the company has seen a -0.71% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-02 that The SPDR S&P 500 ETF Trust ended 2024 on a sour note, losing 2.41% in December and finishing the year up 24.89%. The Top 15 dividend growth stocks for January 2025 offer an average dividend yield of 1.21% and appear to be about 27% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved a 10.33% compound annual growth rate.
Analysts’ Opinion of ODFL
Stifel, on the other hand, stated in their research note that they expect to see ODFL reach a price target of $197, previously predicting the price at $209. The rating they have provided for ODFL stocks is “Hold” according to the report published on October 21st, 2024.
BMO Capital Markets gave a rating of “Market Perform” to ODFL, setting the target price at $210 in the report published on October 18th of the previous year.
ODFL Trading at -12.11% from the 50-Day Moving Average
After a stumble in the market that brought ODFL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.77% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares sank -14.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.70% lower at present.
During the last 5 trading sessions, ODFL fell by -0.69%, which changed the moving average for the period of 200-days by -15.02% in comparison to the 20-day moving average, which settled at $190.76. In addition, Old Dominion Freight Line, Inc saw 2.13% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ODFL starting from CONGDON EARL E, who proposed sale 7,577 shares at the price of $213.99 back on Nov 19 ’24. After this action, CONGDON EARL E now owns shares of Old Dominion Freight Line, Inc, valued at $1,621,402 using the latest closing price.
SUGGS LEO H, the Director of Old Dominion Freight Line, Inc, sale 3,000 shares at $225.44 during a trade that took place back on Nov 08 ’24, which means that SUGGS LEO H is holding 7,383 shares at $676,320 based on the most recent closing price.
Stock Fundamentals for ODFL
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.35 for the gross margin
The net margin for Old Dominion Freight Line, Inc stands at 0.21. The total capital return value is set at 0.33. Equity return is now at value 30.24, with 23.23 for asset returns.
Based on Old Dominion Freight Line, Inc (ODFL), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 28.26. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 5996.28.
Currently, EBITDA for the company is 1.97 billion with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 6.5. The receivables turnover for the company is 10.27for trailing twelve months and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To sum up, Old Dominion Freight Line, Inc (ODFL) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
