Old Dominion Freight Stock Today

ODFL Stock  USD 206.34  0.05  0.02%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very Small

 
High
 
Low
Old Dominion is selling for 206.34 as of the 17th of February 2025. This is a 0.02 percent decrease since the beginning of the trading day. The stock's lowest day price was 206.01. Old Dominion has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on January 28, 2025, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Old Dominion Freight's common stock.
Business Domain
Transportation
IPO Date
24th of October 1991
Category
Industrials
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. The company has 213.5 M outstanding shares of which 9.02 M shares are now shorted by private and institutional investors with about 6.83 trading days to cover. More on Old Dominion Freight

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Old Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Vice Chairman and CEODavid Congdon
Thematic Ideas
(View all Themes)
Business ConcentrationCargo Ground Transportation, Transportation, Industrials, SP 500 Index, NASDAQ 100 Equal, Nasdaq 100, Dow Jones Transportation, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Sport Products, Railroads, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.210.2
Sufficiently Up
Slightly volatile
Asset Turnover1.571.22
Significantly Up
Slightly volatile
Gross Profit Margin0.620.41
Way Up
Pretty Stable
Total Current Liabilities657.7 M626.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total857.2 M816.4 M
Sufficiently Up
Slightly volatile
Total Assets6.7 B6.3 B
Sufficiently Up
Slightly volatile
Total Current Assets1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.9 B1.8 B
Sufficiently Up
Slightly volatile
Debt Levels
Old Dominion can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Old Dominion's financial leverage. It provides some insight into what part of Old Dominion's total assets is financed by creditors.
Liquidity
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.

Change In Working Capital

(47.32 Million)
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. The company currently falls under 'Large-Cap' category with a current market capitalization of 44.05 B. Old Dominion Freight conducts business under Ground Transportation sector and is part of Industrials industry. The entity has 213.5 M outstanding shares of which 9.02 M shares are now shorted by private and institutional investors with about 6.83 trading days to cover. Old Dominion Freight currently holds about 375.56 M in cash with 1.57 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.37.
Check Old Dominion Probability Of Bankruptcy
Ownership Allocation
Old Dominion owns a total of 213.5 Million outstanding shares. The majority of Old Dominion Freight outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Old Dominion Freight to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Old Dominion. Please pay attention to any change in the institutional holdings of Old Dominion Freight as this could imply that something significant has changed or is about to change at the company. On January 28, 2025, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Old Dominion Freight's common stock.
Check Old Ownership Details

Old Stock Institutional Holders

InstituionRecorded OnShares
Fmr Inc2024-09-30
2.7 M
Capital World Investors2024-12-31
2.5 M
Morgan Stanley - Brokerage Accounts2024-09-30
2.3 M
Northern Trust Corp2024-09-30
1.7 M
Jacobs Levy Equity Management, Inc.2024-09-30
1.4 M
Wellington Management Company Llp2024-12-31
1.4 M
First Trust Advisors L.p.2024-09-30
1.4 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.3 M
Legal & General Group Plc2024-12-31
1.3 M
Vanguard Group Inc2024-12-31
22.3 M
T. Rowe Price Associates, Inc.2024-09-30
18.3 M
View Old Dominion Diagnostics

Old Dominion Historical Income Statement

At this time, Old Dominion's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 493 M this year, although the value of Total Other Income Expense Net will most likely fall to about 7.9 M. View More Fundamentals

Old Stock Against Markets

Old Dominion Corporate Management

Cecil OverbeySr. VP of Marketing Pricing and Strategic Devel.Profile
Clayton BrinkerVP OfficerProfile
Sam FaucetteVice ComplianceProfile
Kimberly MareadyPrincipal Accounting OfficerProfile
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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
27.005
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.