The Latest Breaking News from Old Dominion Freight Line

Upgrades

Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 10 years by 17.76% on an annualized basis producing an average annual return of 28.52%. Currently, Old Dominion Freight Line has a market capitalization of $27.60 billion.

  Old Dominion Freight Line (NASDAQ:ODFL) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Over the past 3 months, 5 analysts have published their opinion on Old Dominion Freight Line (NASDAQ:ODFL) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

If history is any guide, there may be trouble ahead for shares of Old Dominion Freight Line (NASDAQ:ODFL). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Wells Fargo analyst Allison Poliniak-Cusic raised the price target on Old Dominion Freight Line Inc (NASDAQ:ODFL) to $348 (an upside of 12.5%) from $335 and maintained an Equal Weight rating on the shares. The analyst notes that as the best-in-class LTL provider, Q4 results reflected the strength in its growth and execution strategy. Related: Old Dominion Freight…

Within the last quarter, Old Dominion Freight Line (NASDAQ:ODFL) has observed the following analyst ratings:

Old Dominion Freight Line Inc (NASDAQ:ODFL) reported fourth-quarter revenue growth of 31.4% year-over-year to $1.41 billion, beating the consensus of $1.38 billion. Revenue growth reflects a 16.1% growth in LTL revenue per hundredweight and a 14.3% increase in LTL tons per day. EPS improved by 49.7% Y/Y to $2.41, beating the consensus of…

  Old Dominion Freight Line (NASDAQ:ODFL) reported its Q4 earnings results on Wednesday, February 2, 2022 at 07:00 AM. Here's what investors need to know about the announcement.