Old Dominion Freight Line, Inc. (NASDAQ:ODFL) currently has a daily average trading volume of 1.41M but it saw 3890554 shares traded in last market. With a market cap of 40.43B USD, the company’s current market price of $188.67 came falling about -5.45 while comparing to the previous closing price of $199.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $227.80 and as low as $165.49. In the recent trading on the day, stock has struck highest price mark of $186.11 while lowest mark touched by it was $198.0.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which downgraded the stock as “Hold” in its note to investors issued on October 21, 2024, recommending a price target of between $209 and $197 for it. BMO Capital Markets downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on October 18, 2024 while assigning a price target range of $214-$210. Citigroup issued its recommendations for the stock as it initiated the price target for the stock is $206.
Over the week, ODFL’s stock price is moving -7.28% down while it is -4.91% when we observe its performance for the past one month. Year-to-date it is -6.91% down and over the past year, the stock is showing a downside performance of -2.66%.
Currently, Old Dominion Freight Line, Inc.’s total number of outstanding shares is 217.93M. Company’s return on investment (ROI) stands at 30.74% and return on equity (ROE) at 32.14%. It has a price to earnings ratio (P/E ratio) of 32.35 while having a 31.31 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 9.85 while price to sale or P/S ratio amounts to 6.77. Its return on asset (ROA) is 24.73% on average.
