Acquisition by Kevin Freeman of 2063 shares of Galectin Therapeutics subject to Rule 16b-3

ODFL Stock  USD 218.59  6.26  2.78%   
About 68% of Old Dominion's investor base is looking to short. The current sentiment of investing in Old Dominion Freight suggests that many traders are alarmed. Old Dominion's investing sentiment shows overall attitude of investors towards Old Dominion Freight.
  
Filed transaction by Galectin Therapeutics Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Galectin insider trading alert for acquisition of common stock by Kevin Freeman, Director, on 9th of April 2024. This event was filed by Galectin Therapeutics with SEC on 2024-04-09. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Old Dominion's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Old Dominion's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Old Dominion Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Old Dominion can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Old Dominion Freight Historical Investor Sentiment

Investor biases related to Old Dominion's public news can be used to forecast risks associated with an investment in Old. The trend in average sentiment can be used to explain how an investor holding Old can time the market purely based on public headlines and social activities around Old Dominion Freight. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Old Dominion's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Old Dominion and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Old Dominion news discussions. The higher the estimate score, the more favorable the investor's outlook on Old Dominion.

Old Dominion Fundamental Analysis

We analyze Old Dominion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old Dominion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old Dominion based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Last Dividend Paid

Last Dividend Paid Comparative Analysis

Old Dominion is currently under evaluation in last dividend paid category among its peers. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

Old Dominion Freight Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Old Dominion stock to make a market-neutral strategy. Peer analysis of Old Dominion could also be used in its relative valuation, which is a method of valuing Old Dominion by comparing valuation metrics with similar companies.

Peers

Old Dominion Related Equities

XPOXPO Logistics   0.76   
18.0%
TFIITFI International   1.13   
26.0%
SAIASaia   1.75   
41.0%
HTLDHeartland Express   1.81   
43.0%
WERNWerner Enterprises   1.95   
46.0%
ARCBArcBest Corp   2.14   
51.0%
MRTNMarten Transport   2.80   
66.0%
KNXKnight Transportation   2.92   
69.0%
RXORXO   3.33   
79.0%
SNDRSchneider National   3.75   
89.0%
ULHUniversal Logistics   4.19   
100.0%
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:
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.