Old Dominion Freight Line Inc (ODFL) Stock AnalysisODFLStock AnalysisOld Dominion Freight Line Inc

Old Dominion Freight Line, Inc. is a less-than-truckload (LTL) motor carrier. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage and supply chain consulting. It operates approximately 261 service center locations, of which it owns 239 and leased 22. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its systems allow it to offer its customers access to information, such as freight tracking, shipping documents, rate quotes, rate databases and account activity. Its integrated systems and customer service department provide its customers with a single point of contact to access information. It operates in the Industrials sector (TRUCKING (NO LOCAL) industry).

Old Dominion Freight Line Inc is currently priced at $198.63, with a forward P/E of 35.59, which suggests it is relatively expensive compared to its earnings potential. The RSI is at 27.72, indicating the stock is oversold, but this could also reflect ongoing weakness in the trucking sector. The stock has seen a 3.80% decline over the past five days, which raises concerns about short-term performance. However, the long-term outlook remains positive with a year-to-date change of +24.78%.

15 analysts cover ODFL: 5 rate it Buy, 9 Hold and 1 Sell. The average price target is 162.18.