Old Dominion Freight Line, Inc. (ODFL)
NASDAQ: ODFL · Real-Time Price · USD
197.79
+5.98 (3.12%)
Oct 25, 2024, 4:00 PM EDT - Market closed

Old Dominion Freight Line Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for ODFL stock have an average target of 197.69, with a low estimate of 160 and a high estimate of 218. The average target predicts a decrease of -0.05% from the current stock price of 197.79.

Analyst Consensus: Hold
Target Low Average Median High
Price $160 $197.69 $205 $218
Change -19.11% -0.05% +3.65% +10.22%

Analyst Ratings

The average analyst rating for ODFL stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111110
Buy 666665
Hold 10911111114
Sell 122211
Strong Sell 000000
Total 181820201920

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Hold
Maintains
$203$196
Hold Maintains $203$196 -0.91% Oct 24, 2024
Stifel
Stifel
Hold
Maintains
$197$178
Hold Maintains $197$178 -10.01% Oct 24, 2024
Susquehanna
Susquehanna
Buy
Maintains
$225$218
Buy Maintains $225$218 +10.22% Oct 24, 2024
Wells Fargo
Wells Fargo
Sell
Maintains
$170$160
Sell Maintains $170$160 -19.11% Oct 24, 2024
BMO Capital
BMO Capital
Hold
Maintains
$210$205
Hold Maintains $210$205 +3.65% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.09B
from 5.87B
Increased by 3.73%
Revenue Next Year
6.54B
from 6.09B
Increased by 7.53%
EPS This Year
5.81
from 5.63
Increased by 3.18%
EPS Next Year
6.69
from 5.81
Increased by 15.12%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
4.11B4.02B5.26B6.26B5.87B6.09B6.54B7.19B
Revenue Growth
1.62%-2.29%30.91%19.10%-6.29%3.73%7.53%9.83%
EPS
2.552.844.446.095.635.816.697.61
EPS Growth
3.66%11.37%56.51%37.01%-7.55%3.18%15.12%13.73%
Forward PE
-----34.0529.5826.01
No. Analysts -----262512
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 6.4B 7.1B 7.7B
Avg 6.1B 6.5B 7.2B
Low 5.7B 6.0B 6.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.8%
15.9%
17.8%
Avg
3.7%
7.5%
9.8%
Low
-2.2%
-1.6%
0.5%

EPS Forecast

EPS 20242025202620272028
High 6.46 7.51 8.33
Avg 5.81 6.69 7.61
Low 5.39 5.78 6.62

EPS Growth

EPS Growth 20242025202620272028
High
14.7%
29.2%
24.5%
Avg
3.2%
15.1%
13.7%
Low
-4.3%
-0.5%
-1.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.