Old Dominion Net Worth
Old Dominion Net Worth Breakdown | ODFL |
Old Dominion Net Worth Analysis
Old Dominion's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Old Dominion's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Old Dominion's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Old Dominion's net worth analysis. One common approach is to calculate Old Dominion's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Old Dominion's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Old Dominion's net worth. This approach calculates the present value of Old Dominion's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Old Dominion's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Old Dominion's net worth. This involves comparing Old Dominion's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Old Dominion's net worth relative to its peers.
Enterprise Value |
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To determine if Old Dominion is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Old Dominion's net worth research are outlined below:
| Old Dominion Freight generated a negative expected return over the last 90 days | |
| Old Dominion Freight is unlikely to experience financial distress in the next 2 years | |
| Old Dominion Freight has a strong financial position based on the latest SEC filings | |
| Over 80.0% of the company shares are owned by institutional investors | |
| Latest headline from apnews.com: Old Dominion visits JMU after McDaniels 29-point game |
Old Dominion Quarterly Good Will |
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Old Dominion uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Old Dominion Freight. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Old Dominion's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Old Dominion Target Price Consensus
Old target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Old Dominion's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 24 | Buy |
Most Old analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Old stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Old Dominion Freight, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOld Dominion Target Price Projection
Old Dominion's current and average target prices are 206.34 and 199.67, respectively. The current price of Old Dominion is the price at which Old Dominion Freight is currently trading. On the other hand, Old Dominion's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Old Dominion Market Quote on 17th of February 2025
Target Price
Analyst Consensus On Old Dominion Target Price
Know Old Dominion's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Old Dominion is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Old Dominion Freight backward and forwards among themselves. Old Dominion's institutional investor refers to the entity that pools money to purchase Old Dominion's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fmr Inc | 2024-09-30 | 2.7 M | Capital World Investors | 2024-12-31 | 2.5 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 2.3 M | Northern Trust Corp | 2024-09-30 | 1.7 M | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 1.4 M | Wellington Management Company Llp | 2024-12-31 | 1.4 M | First Trust Advisors L.p. | 2024-09-30 | 1.4 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.3 M | Legal & General Group Plc | 2024-12-31 | 1.3 M | Vanguard Group Inc | 2024-12-31 | 22.3 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 18.3 M |
Follow Old Dominion's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 44.05 B.Market Cap |
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Project Old Dominion's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.20 | 0.21 | |
| Return On Capital Employed | 0.30 | 0.31 | |
| Return On Assets | 0.20 | 0.21 | |
| Return On Equity | 0.26 | 0.28 |
When accessing Old Dominion's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Old Dominion's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Old Dominion's profitability and make more informed investment decisions.
Evaluate Old Dominion's management efficiency
Old Dominion Freight has return on total asset (ROA) of 0.1754 % which means that it generated a profit of $0.1754 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.279 %, meaning that it created $0.279 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 0.21 this year. Return On Capital Employed is expected to rise to 0.31 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.51 | 18.39 | |
| Tangible Book Value Per Share | 17.51 | 18.39 | |
| Enterprise Value Over EBITDA | 20.13 | 21.14 | |
| Price Book Value Ratio | 9.38 | 9.84 | |
| Enterprise Value Multiple | 20.13 | 21.14 | |
| Price Fair Value | 9.38 | 9.84 | |
| Enterprise Value | 39.7 B | 41.7 B |
The strategic decisions made by Old Dominion management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Enterprise Value Revenue 7.5676 | Revenue | Quarterly Revenue Growth (0.07) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Old Dominion insiders, such as employees or executives, is commonly permitted as long as it does not rely on Old Dominion's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Old Dominion insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Old Dominion Corporate Filings
| 14th of February 2025 Other Reports | ViewVerify | |
F4 | 13th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Old Dominion Earnings Estimation Breakdown
The calculation of Old Dominion's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Old Dominion is estimated to be 1.1589 with the future projection ranging from a low of 1.1312 to a high of 1.24. Please be aware that this consensus of annual earnings estimates for Old Dominion Freight is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.13 Lowest | Expected EPS | 1.24 Highest |
Old Dominion Earnings Projection Consensus
Suppose the current estimates of Old Dominion's value are higher than the current market price of the Old Dominion stock. In this case, investors may conclude that Old Dominion is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Old Dominion's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 24 | 96.07% | 1.23 | 1.1589 | 5.49 |
Old Dominion Earnings per Share Projection vs Actual
Actual Earning per Share of Old Dominion refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Old Dominion Freight predict the company's earnings will be in the future. The higher the earnings per share of Old Dominion, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Old Dominion Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Old Dominion, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Old Dominion should always be considered in relation to other companies to make a more educated investment decision.Old Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Old Dominion's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-29 | 2024-12-31 | 1.1614 | 1.23 | 0.0686 | 5 | ||
2024-10-23 | 2024-09-30 | 1.42 | 1.43 | 0.01 | 0 | ||
2024-07-24 | 2024-06-30 | 1.45 | 1.48 | 0.03 | 2 | ||
2024-04-24 | 2024-03-31 | 1.34 | 1.34 | 0.0 | 0 | ||
2024-01-31 | 2023-12-31 | 2.85 | 2.94 | 0.09 | 3 | ||
2023-10-25 | 2023-09-30 | 2.92 | 3.09 | 0.17 | 5 | ||
2023-07-26 | 2023-06-30 | 2.65 | 2.65 | 0.0 | 0 | ||
2023-04-26 | 2023-03-31 | 2.7 | 2.58 | -0.12 | 4 | ||
2023-02-01 | 2022-12-31 | 2.68 | 2.92 | 0.24 | 8 | ||
2022-10-26 | 2022-09-30 | 3.07 | 3.36 | 0.29 | 9 | ||
2022-07-27 | 2022-06-30 | 3.14 | 3.3 | 0.16 | 5 | ||
2022-04-27 | 2022-03-31 | 2.39 | 2.6 | 0.21 | 8 | ||
2022-02-02 | 2021-12-31 | 2.26 | 2.41 | 0.15 | 6 | ||
2021-10-27 | 2021-09-30 | 2.37 | 2.47 | 0.1 | 4 | ||
2021-07-28 | 2021-06-30 | 2.16 | 2.31 | 0.15 | 6 | ||
2021-04-22 | 2021-03-31 | 1.58 | 1.7 | 0.12 | 7 | ||
2021-02-04 | 2020-12-31 | 1.57 | 1.61 | 0.04 | 2 | ||
2020-10-27 | 2020-09-30 | 1.53 | 1.71 | 0.18 | 11 | ||
2020-07-30 | 2020-06-30 | 1.07 | 1.25 | 0.18 | 16 | ||
2020-04-23 | 2020-03-31 | 1.12 | 1.17 | 0.05 | 4 | ||
2020-02-06 | 2019-12-31 | 1.18 | 1.2 | 0.02 | 1 | ||
2019-10-24 | 2019-09-30 | 1.41 | 1.37 | -0.04 | 2 | ||
2019-07-25 | 2019-06-30 | 1.41 | 1.44 | 0.03 | 2 | ||
2019-04-25 | 2019-03-31 | 1.05 | 1.09 | 0.04 | 3 | ||
2019-02-07 | 2018-12-31 | 1.16 | 1.3 | 0.14 | 12 | ||
2018-10-25 | 2018-09-30 | 1.31 | 1.41 | 0.1 | 7 | ||
2018-07-26 | 2018-06-30 | 1.22 | 1.33 | 0.11 | 9 | ||
2018-04-26 | 2018-03-31 | 0.86 | 0.89 | 0.03 | 3 | ||
2018-02-08 | 2017-12-31 | 1.12 | 2.39 | 1.27 | 113 | ||
2017-10-26 | 2017-09-30 | 0.77 | 0.83 | 0.06 | 7 | ||
2017-07-27 | 2017-06-30 | 0.73 | 0.79 | 0.06 | 8 | ||
2017-04-27 | 2017-03-31 | 0.52 | 0.53 | 0.01 | 1 | ||
2017-02-02 | 2016-12-31 | 0.57 | 0.55 | -0.02 | 3 | ||
2016-10-27 | 2016-09-30 | 0.65 | 0.69 | 0.04 | 6 | ||
2016-07-28 | 2016-06-30 | 0.63 | 0.65 | 0.02 | 3 | ||
2016-04-28 | 2016-03-31 | 0.51 | 0.48 | -0.03 | 5 | ||
2016-02-04 | 2015-12-31 | 0.56 | 0.57 | 0.01 | 1 | ||
2015-10-29 | 2015-09-30 | 0.67 | 0.66 | -0.01 | 1 | ||
2015-07-30 | 2015-06-30 | 0.65 | 0.67 | 0.02 | 3 | ||
2015-04-30 | 2015-03-31 | 0.47 | 0.49 | 0.02 | 4 | ||
2015-02-05 | 2014-12-31 | 0.48 | 0.54 | 0.06 | 12 | ||
2014-10-30 | 2014-09-30 | 0.58 | 0.6 | 0.02 | 3 | ||
2014-07-31 | 2014-06-30 | 0.55 | 0.57 | 0.02 | 3 | ||
2014-04-24 | 2014-03-31 | 0.33 | 0.35 | 0.02 | 6 | ||
2014-02-06 | 2013-12-31 | 0.39 | 0.37 | -0.02 | 5 | ||
2013-10-24 | 2013-09-30 | 0.46 | 0.47 | 0.01 | 2 | ||
2013-07-25 | 2013-06-30 | 0.43 | 0.45 | 0.02 | 4 | ||
2013-04-25 | 2013-03-31 | 0.28 | 0.31 | 0.03 | 10 | ||
2013-02-07 | 2012-12-31 | 0.34 | 0.31 | -0.03 | 8 | ||
2012-10-25 | 2012-09-30 | 0.36 | 0.39 | 0.03 | 8 | ||
2012-08-02 | 2012-06-30 | 0.34 | 0.37 | 0.03 | 8 | ||
2012-04-26 | 2012-03-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2012-02-02 | 2011-12-31 | 0.26 | 0.31 | 0.05 | 19 | ||
2011-10-27 | 2011-09-30 | 0.28 | 0.3 | 0.02 | 7 | ||
2011-07-28 | 2011-06-30 | 0.25 | 0.31 | 0.06 | 24 | ||
2011-04-27 | 2011-03-31 | 0.13 | 0.17 | 0.04 | 30 | ||
2011-02-02 | 2010-12-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2010-10-27 | 2010-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2010-07-28 | 2010-06-30 | 0.14 | 0.17 | 0.03 | 21 | ||
2010-04-28 | 2010-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2010-01-28 | 2009-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2009-10-22 | 2009-09-30 | 0.1 | 0.08 | -0.02 | 20 | ||
2009-07-22 | 2009-06-30 | 0.09 | 0.09 | 0.0 | 0 | ||
2009-04-23 | 2009-03-31 | 0.03 | 0.03 | 0.0 | 0 | ||
2009-01-29 | 2008-12-31 | 0.06 | 0.09 | 0.03 | 50 | ||
2008-10-23 | 2008-09-30 | 0.15 | 0.19 | 0.04 | 26 | ||
2008-07-24 | 2008-06-30 | 0.18 | 0.19 | 0.01 | 5 | ||
2008-04-22 | 2008-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2008-01-31 | 2007-12-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2007-10-25 | 2007-09-30 | 0.16 | 0.16 | 0.0 | 0 | ||
2007-07-26 | 2007-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2007-04-26 | 2007-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2007-02-01 | 2006-12-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2006-10-26 | 2006-09-30 | 0.16 | 0.16 | 0.0 | 0 | ||
2006-07-27 | 2006-06-30 | 0.15 | 0.17 | 0.02 | 13 | ||
2006-04-27 | 2006-03-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2006-01-27 | 2005-12-31 | 0.11 | 0.12 | 0.01 | 9 | ||
2005-10-21 | 2005-09-30 | 0.12 | 0.13 | 0.01 | 8 | ||
2005-07-22 | 2005-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2005-04-22 | 2005-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2005-01-27 | 2004-12-31 | 0.08 | 0.08 | 0.0 | 0 | ||
2004-10-21 | 2004-09-30 | 0.1 | 0.1 | 0.0 | 0 | ||
2004-07-15 | 2004-06-30 | 0.08 | 0.08 | 0.0 | 0 | ||
2004-04-22 | 2004-03-31 | 0.05 | 0.05 | 0.0 | 0 | ||
2004-01-29 | 2003-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
2003-10-30 | 2003-09-30 | 0.08 | 0.08 | 0.0 | 0 | ||
2003-07-24 | 2003-06-30 | 0.05 | 0.05 | 0.0 | 0 | ||
2003-04-24 | 2003-03-31 | 0.04 | 0.04 | 0.0 | 0 | ||
2003-01-30 | 2002-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2002-10-17 | 2002-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2002-07-25 | 2002-06-30 | 0.03 | 0.05 | 0.02 | 66 | ||
2002-04-25 | 2002-03-31 | 0.02 | 0.02 | 0.0 | 0 | ||
2002-01-31 | 2001-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2001-10-25 | 2001-09-30 | 0.04 | 0.04 | 0.0 | 0 | ||
2001-04-26 | 2001-03-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2001-01-25 | 2000-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2000-10-19 | 2000-09-30 | 0.05 | 0.05 | 0.0 | 0 | ||
2000-07-20 | 2000-06-30 | 0.05 | 0.05 | 0.0 | 0 | ||
2000-04-20 | 2000-03-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2000-01-27 | 1999-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
1999-10-21 | 1999-09-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1999-07-22 | 1999-06-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1999-04-22 | 1999-03-31 | 0.02 | 0.03 | 0.01 | 50 | ||
1999-01-28 | 1998-12-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1998-10-22 | 1998-09-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-07-23 | 1998-06-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-04-23 | 1998-03-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1998-01-22 | 1997-12-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1997-10-23 | 1997-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
1997-07-24 | 1997-06-30 | 0.03 | 0.03 | 0.0 | 0 | ||
1997-04-17 | 1997-03-31 | 0.02 | 0.01 | -0.01 | 50 | ||
1997-01-23 | 1996-12-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1996-10-17 | 1996-09-30 | 0.02 | 0.02 | 0.0 | 0 | ||
1996-07-18 | 1996-06-30 | 0.02 | 0.02 | 0.0 | 0 | ||
1996-04-18 | 1996-03-31 | 0.01 | 0.01 | 0.0 | 0 | ||
null | null | null | null | null | 0 |
Old Dominion Corporate Management
| Cecil Overbey | Sr. VP of Marketing Pricing and Strategic Devel. | Profile | |
| Clayton Brinker | VP Officer | Profile | |
| Sam Faucette | Vice Compliance | Profile | |
| Kimberly Maready | Principal Accounting Officer | Profile |
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 (0.16) | Dividend Share 1.04 | Earnings Share 5.49 | Revenue Per Share | Quarterly Revenue Growth (0.07) |
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.