Old Dominion Freight Line (ODFL)

• Market cap: $40.5B
• 1 day: -0.19%
• 5 days: 8.10%
• 1 month: -4.74%
• 3 months: -5.94%
• 6 months: -4.60%
• Year to date: 7.86%
• 1 year: 0.33%
• 5 years: 172.81%
• 10 years: 681.65%
• Sector: Industrials
• Industry: Trucking, Except Local

About: Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are head and shoulders above its peers. Strategic initiatives revolve around boosting network density through market share gains and maintaining industry-leading service (including ultralow cargo claims) via steadfast infrastructure investment.

Employees: 22,902

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

45% more call options, than puts

Call options by funds: $194M | Put options by funds: $134M

15% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 310

13% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 84

13% more funds holding in top 10

Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]

9% more capital invested

Capital invested by funds: $30B [Q2] → $32.6B (+$2.56B) [Q3]

0% less funds holding

Funds holding: 862 [Q2] → 861 (-1) [Q3]

1.3% less ownership

Funds ownership: 78.2% [Q2] → 76.9% (-1.3%) [Q3]

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $176 7% downside
• Avg. target: $206 9% upside
• High target: $241 27% upside

13 analyst ratings

• positive: 2 15%
• neutral: 10 77%
• negative: 1 8%

Barclays Brandon Oglenski 50% 1-year accuracy 34 / 68 met price target	11% upside $210	Equal-Weight Maintained	17 Jan 2025
B of A Securities Ken Hoexter 40% 1-year accuracy 21 / 53 met price target	8% upside $204	Neutral Maintained	16 Jan 2025
Stifel J. Bruce Chan 46% 1-year accuracy 12 / 26 met price target	7% downside $176	Hold Maintained	15 Jan 2025
Jefferies Stephanie Moore 67% 1-year accuracy 20 / 30 met price target	0% upside $190	Hold Maintained	10 Jan 2025
Wells Fargo Christian Wetherbee 49% 1-year accuracy 20 / 41 met price target	2% downside $185	Underweight Maintained	7 Jan 2025