Analyst Ratings for Old Dominion Freight Line Inc. (ODFL)

Updated: 2017-07-26

An average rating of Overweight has been given to Old Dominion Freight Line Inc. (NASDAQ:ODFL) by analysts covering the stock. About 30 days ago, ODFL was issued an average rating of Overweight.

A buy rating was issued by 7 analysts, 0 gave an overweight rating, 8 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for ODFL by the analysts covering the stock. The highest price target was 110, implying a possible profit of 9.55 percent. The most pessimistic analyst gave a price target of 70, implying potential capital losses of -30.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.93 percent. That number becomes 1.87 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.5 percent. If we look at the last 90 days instead, we find a net average change of 1.53 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 5 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of ODFL to grow at a rate of 9.47 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. ODFL has a PEG ratio of 2.9.

In the last 52-weeks, ODFL has achieved a high of 100.71 and a low of 66.33. Currently the stock is 51.38 percent higher than its low, and 0.3 percent below the high. ODFL has a price/earnings ratio of 27.51. Investors typically compare the P/E ratio to a company's peers in the industry. The ODFL value stock report compares ODFL to some of its peers using value stock charts. The market cap of ODFL is $8.24 billion. ODFL will post this quarters earnings in days, on 0000-00-00.