David Congdon - Old Dominion Vice Chairman and CEO

ODFL Stock  USD 218.59  6.26  2.78%   

Chairman

Mr. David S. Congdon was appointed Executive Chairman of the Board of the Company effective as of May 16, 2018 . He previously served as our President and Chief Executive Officer since January 2008. He was our President and Chief Operating Officer from May 1997 to December 2007 and served in various positions in operations, maintenance and engineering between 1978 and 1997. He was first elected a director in 1998 and is the son of Earl E. Congdon. Mr. Congdon, through his years of service to us, including 20 years of service as an executive officer of Old Dominion, has played a critical role in helping us develop our strategic plan and grow our operations through geographic expansion and acquisitions. He has experience leading us through difficult operating conditions and has guided Old Dominion to sustained profitability. The Board benefits from Mr. Congdons critical knowledge of the LTL industry, as well as his deep understanding of the operational and regulatory complexities that we must address as a publiclytraded transportation company. since 2018.
Age 67
Tenure 6 years
Address 500 Old Dominion Way, Thomasville, NC, United States, 27360
Phone336 889 5000
Webhttps://www.odfl.com

David Congdon Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Congdon against Old Dominion stock is an integral part of due diligence when investing in Old Dominion. David Congdon insider activity provides valuable insight into whether Old Dominion is net buyers or sellers over its current business cycle. Note, Old Dominion insiders must abide by specific rules, including filing SEC forms every time they buy or sell Old Dominion'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Old Dominion Management Efficiency

The company has return on total asset (ROA) of 0.1901 % which means that it generated a profit of $0.1901 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3024 %, meaning that it created $0.3024 on every $100 dollars invested by stockholders. Old Dominion's management efficiency ratios could be used to measure how well Old Dominion manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.24 this year. Return On Capital Employed is expected to rise to 0.35 this year. At this time, Old Dominion's Return On Tangible Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 2.30 this year, although the value of Intangible Assets will most likely fall to about 20.2 M.
Old Dominion Freight currently holds 200.38 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Old Dominion Freight has a current ratio of 1.71, which is within standard range for the sector. Note, when we think about Old Dominion's use of debt, we should always consider it together with its cash and equity.

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Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina. Old Dominion operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 24586 people. Old Dominion Freight (ODFL) is traded on NASDAQ Exchange in USA. It is located in 500 Old Dominion Way, Thomasville, NC, United States, 27360 and employs 22,686 people. Old Dominion is listed under Cargo Ground Transportation category by Fama And French industry classification.

Management Performance

Old Dominion Freight Leadership Team

Elected by the shareholders, the Old Dominion's board of directors comprises two types of representatives: Old Dominion inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Dominion's management team and ensure that shareholders' interests are well served. Old Dominion's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old Dominion's outside directors are responsible for providing unbiased perspectives on the board's policies.
Greg Gantt, Pres and COO
David Congdon, Vice Chairman and CEO
Sam Faucette, Vice Compliance
Cecil Overbey, Sr. VP of Marketing Pricing and Strategic Devel.
Kevin Freeman, Senior Vice President - Sales
Kimberly Maready, Principal Accounting Officer
Clayton Brinker, VP Officer
Steven Hartsell, Senior Sales
Gregory Plemmons, Senior Vice President - Sales
Adam CPA, CFO Finance
Ross Parr, Vice President - Legal Affairs, General Counsel, Secretary
Christopher Brooks, Senior Vice President of Human Resources & Safety
Adam Satterfield, CFO, Sr. VP of Fin. and Assistant Secretary
Jack Atkins, Director Relations
Earl Congdon, Executive Chairman

Old Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Old Dominion a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.98
Earnings Share
5.71
Revenue Per Share
27.363
Quarterly Revenue Growth
(0.03)
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.