Old Dominion Freight Line, Inc. (ODFL)
NASDAQ: ODFL · IEX Real-Time Price · USD
195.47
+0.01 (0.01%)
At close: Jul 19, 2024, 4:00 PM
183.98
-11.49 (-5.88%)
Pre-market: Jul 22, 2024, 4:00 AM EDT
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 202.18, with a low estimate of 168 and a high estimate of 235. The average target predicts an increase of 3.43% from the current stock price of 195.47.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ODFL stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Hold | 7 | 9 | 10 | 10 | 9 | 9 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 16 | 17 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $174 → $168 | Hold | Maintains | $174 → $168 | -14.05% | Jul 8, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $225 → $196 | Buy → Hold | Downgrades | $225 → $196 | +0.27% | Jun 25, 2024 |
| Raymond James | Raymond James | Buy Maintains $215 → $190 | Buy | Maintains | $215 → $190 | -2.80% | Jun 24, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $245 → $210 | Buy | Maintains | $245 → $210 | +7.43% | Jun 12, 2024 |
| Barclays | Barclays | Hold Maintains $205 → $195 | Hold | Maintains | $205 → $195 | -0.24% | Jun 12, 2024 |
Financial Forecast
Revenue This Year
6.29B
from 5.87B
Increased by 7.23%
Revenue Next Year
6.92B
from 6.29B
Increased by 9.95%
EPS This Year
6.13
from 5.63
Increased by 8.85%
EPS Next Year
7.27
from 6.13
Increased by 18.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7B | 7.5B | 8.0B | 8.6B | 9.3B |
| Avg | 6.3B | 6.9B | 7.4B | 8.3B | 9.0B |
| Low | 5.9B | 6.2B | 6.8B | 7.9B | 8.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.9% | 18.5% | 15.7% | 15.9% | 12.4% |
| Avg | 7.2% | 10.0% | 7.3% | 11.8% | 9.1% |
| Low | -0.0% | -0.8% | -1.8% | 6.8% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.72 | 7.90 | 8.57 | 9.82 | 11.28 |
| Avg | 6.13 | 7.27 | 7.99 | 9.35 | 10.47 |
| Low | 5.59 | 6.32 | 7.20 | 8.81 | 9.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.4% | 28.9% | 17.8% | 22.8% | 20.6% |
| Avg | 8.8% | 18.7% | 9.9% | 17.0% | 11.9% |
| Low | -0.8% | 3.1% | -0.9% | 10.2% | 2.6% |
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.