Old Dominion Freight Line, Inc. (ODFL)
NASDAQ: ODFL · Real-Time Price · USD
220.25
+1.86 (0.85%)
Nov 22, 2024, 4:00 PM EST - Market closed
Old Dominion Freight Line Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for ODFL stock have an average target of 200.35, with a low estimate of 160 and a high estimate of 241. The average target predicts a decrease of -9.04% from the current stock price of 220.25.
Analyst Consensus: Hold
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 6 | 6 | 6 | 6 | 5 | 4 |
| Hold | 9 | 11 | 11 | 11 | 14 | 15 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 20 | 20 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $190 → $220 | Hold | Maintains | $190 → $220 | -0.11% | Nov 13, 2024 |
| Citigroup | Citigroup | Hold Maintains $201 → $241 | Hold | Maintains | $201 → $241 | +9.42% | Nov 12, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 12, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $203 → $196 | Hold | Maintains | $203 → $196 | -11.01% | Oct 24, 2024 |
| Stifel | Stifel | Hold Maintains $197 → $178 | Hold | Maintains | $197 → $178 | -19.18% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
5.95B
from 5.87B
Increased by 1.50%
Revenue Next Year
6.25B
from 5.95B
Increased by 4.95%
EPS This Year
5.55
from 5.63
Decreased by -1.39%
EPS Next Year
6.02
from 5.55
Increased by 8.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3B | 6.7B | 7.4B | ||
| Avg | 6.0B | 6.2B | 6.9B | ||
| Low | 5.7B | 5.7B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.0% | 12.7% | 17.7% | ||
| Avg | 1.5% | 5.0% | 9.7% | ||
| Low | -3.3% | -3.6% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.88 | 6.83 | 7.72 | ||
| Avg | 5.55 | 6.02 | 7.05 | ||
| Low | 5.29 | 5.42 | 6.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.4% | 22.9% | 28.1% | ||
| Avg | -1.4% | 8.5% | 17.0% | ||
| Low | -6.0% | -2.4% | 5.8% |
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.