(ODFL) Old Dominion Freight Line - Ratings and Ratios

Old Dominion Freight Line, Inc. is a leading less-than-truckload (LTL) motor carrier in the United States and North America, providing a comprehensive range of services including regional, inter-regional, and national LTL transportation, as well as expedited transportation and various value-added services such as container drayage, truckload brokerage, and supply chain consulting. With a vast network of service and fleet maintenance centers, the company is well-equipped to manage complex logistics operations. Founded in 1934 and headquartered in Thomasville, North Carolina, Old Dominion Freight Line has established itself as a reliable and efficient player in the industry.

From a operational standpoint, Old Dominion Freight Line boasts an impressive fleet, with 11,284 tractors, 31,451 linehaul trailers, and 15,263 pickup and delivery trailers as of December 31, 2024. This significant investment in equipment enables the company to maintain a high level of service quality and respond to the evolving needs of its customers. The companys commitment to maintaining a modern and efficient fleet is likely to remain a key driver of its success in the competitive LTL market.

Analyzing the , we observe that the stock has experienced a significant correction, with the current price of $160.00 being approximately 30% below its 52-week high of $231.19. The SMA20 and SMA50 are closely aligned, indicating a potential stabilization in the stocks price. However, the SMA200 at $185.82 suggests that the stock is still in a downtrend. The ATR of 5.61 (3.51% of the current price) implies a moderate level of volatility.

Combining the insights from and , we can forecast that Old Dominion Freight Lines stock may experience a rebound in the short term, driven by the companys strong fundamentals, including a market capitalization of $35.84B USD, a P/E ratio of 31.76, and a forward P/E of 33.56. The companys return on equity (RoE) of 27.40% indicates a high level of profitability. However, the current downtrend and moderate volatility suggest that investors should exercise caution. A potential buying opportunity may arise if the stock price stabilizes above the SMA20 and SMA50, with a target price of $175.00 in the short term.

Based on the analysis, our forecast is that Old Dominion Freight Lines stock will experience a moderate recovery in the next quarter, with a potential price target of $180.00. This forecast is driven by the companys strong operational performance, robust fundamentals, and the potential for a rebound in the stock price. However, investors should remain vigilant and monitor the companys progress, as well as market trends, to adjust their investment strategies accordingly.