Old Dominion Freight Line, Inc.

ODFL

US6795801009

Ground Freight & Logistics

Real-time Estimate Cboe BZX Other stock markets 10:03:40 2025-07-10 am EDT			5-day change	1st Jan Change
171.16 ^USD	+1.88%		-1.70%	-4.69%

10:02am	Jefferies Adjusts Price Target on Old Dominion Freight Line to $170 From $165, Maintains Hold Rating	MT
Jul. 09	Citigroup Adjusts Price Target on Old Dominion Freight Line to $196 From $185, Maintains Buy Rating	MT

Old Dominion Freight Line, Inc. : Buy the USD 70 support

Published may 06, 2015 at 08:59 am edt
By

BUY

Live

Entry price	Target	Stop-loss	Potential
$70.5	$0	$68.8	-100%

The USD 70.1 support, currently tested, should allow Old Dominion Freight Line to rally again.

According to Surperformance© ratings, the company constitutes an opportunity for a trading strategy. Indeed, it is a growth company as the earnings expected for 2015 shows. Moreover, analysts are regularly revising upward their EPS estimates for 2015 and 2016 and have an optimistic target price at $84.2 (on average).

This situation gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the next USD 75.3 resistance. This area is also the convergence point of the 50 and 100-day moving average.

Considering technical and fundamental elements, it seems to be an appropriate timing to immediately open a long position on Old Dominion Freight Line in order to benefit from the USD 70.1 support area.
A first target price will be the USD 75.3 resistance, ie a potential of 6.8%. A stop loss order will be placed under the mid-term support currently tested. Only a breakdown of this level would validate a bearish trend.

The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.

Latest news about Old Dominion Freight Line, Inc.

Jefferies Adjusts Price Target on Old Dominion Freight Line to $170 From $165, Maintains Hold Rating	10:02am	MT
Citigroup Adjusts Price Target on Old Dominion Freight Line to $196 From $185, Maintains Buy Rating	Jul. 09	MT
Goldman Sachs Adjusts Old Dominion Freight Line's Price Target to $195 From $200, Keeps Buy Rating	Jul. 09	MT
Stephens Adjusts Price Target on Old Dominion Freight Line to $186 From $180, Maintains Overweight Rating	Jul. 08	MT
JPMorgan Cuts Price Target on Old Dominion Freight Line to $146 From $158, Maintains Neutral Rating	Jul. 08	MT
XPO's Results to Show Improved Operational Efficiency Despite Macro Headwinds, Oppenheimer Says	Jul. 07	MT
Wells Fargo Adjusts PT on Old Dominion Freight Line to $160 From $150, Maintains Underweight Rating	Jul. 07	MT
TD Cowen Cuts Price Target on Old Dominion Freight Line to $166 From $169	Jul. 03	MT
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell Midcap Value Index	Jun. 30	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 3000 Value Index	Jun. 30	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 1000 Value-Defensive Index	Jun. 30	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 1000 Dynamic Index	Jun. 30	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 1000 Value Index	Jun. 30	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 3000E Value Index	Jun. 29	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell Midcap Value Benchmark	Jun. 29	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 3000 Value Benchmark	Jun. 29	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 3000E Value Benchmark	Jun. 29	CI
Old Dominion Freight Line, Inc.(NasdaqGS:ODFL) added to Russell 1000 Value Benchmark	Jun. 29	CI
Truist Securities Lifts Price Target on Old Dominion Freight Line to $180 From $175, Maintains Buy Rating	Jun. 27	MT
Evercore ISI Adjusts PT on Old Dominion Freight Line to $157 From $156, Maintains In Line Rating	Jun. 26	MT
BMO Capital Adjusts PT on Old Dominion Freight Line to $172 From $170, Maintains Market Perform Rating	Jun. 26	MT
Raymond James Adjusts PT on Old Dominion Freight Line to $180 From $185, Maintains Outperform Rating	Jun. 24	MT
Susquehanna Adjusts Price Target on Old Dominion Freight Line to $160 From $168, Maintains Neutral Rating	Jun. 18	MT
Wolfe Research Adjusts Price Target on Old Dominion Freight Line to $144 From $134, Maintains Underperform Rating	Jun. 09	MT
Citigroup Adjusts Price Target on Old Dominion Freight Line to $185 From $179, Maintains Buy Rating	Jun. 09	MT

Chart Old Dominion Freight Line, Inc.

Duration

Period

ODFL: Dynamic Chart

Company Profile

Old Dominion Freight Line, Inc. specialises in truck transportation services. Net sales break down by activity as follows: - less-than-truckload transportation services (98.9%); - other (1.1%): logistics services, storage, warehousing, routing, handling of goods and pallets, loading, etc., mainly for industrial customers. At the end of 2023, the group had a network of 257 service centres, including 233 owned.

Employees

21,895

Sector

Ground Freight & Logistics

Calendar

Jul. 29 - Q2 2025 Earnings Release

More about the company