Zacks Research Analysts Decrease Earnings Estimates for ODFL

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Equities research analysts at Zacks Research lowered their Q2 2025 EPS estimates for Old Dominion Freight Line in a report released on Wednesday, May 14th. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $1.30 per share for the quarter, down from their previous forecast of $1.47. The consensus estimate for Old Dominion Freight Line’s current full-year earnings is $5.68 per share. Zacks Research also issued estimates for Old Dominion Freight Line’s Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $5.20 EPS, Q3 2026 earnings at $1.55 EPS, Q4 2026 earnings at $1.51 EPS, Q1 2027 earnings at $1.66 EPS and FY2027 earnings at $7.45 EPS.

Several other equities analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Old Dominion Freight Line in a research note on Friday, March 7th. They issued a “buy” rating and a $236.00 price target on the stock. Truist Financial lowered their target price on shares of Old Dominion Freight Line from $220.00 to $175.00 and set a “buy” rating on the stock in a research report on Thursday, April 24th. Raymond James set a $185.00 target price on shares of Old Dominion Freight Line and gave the stock an “outperform” rating in a research report on Thursday, April 24th. Bank of America lowered their target price on shares of Old Dominion Freight Line from $237.00 to $204.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Morgan Stanley set a $185.00 price objective on shares of Old Dominion Freight Line in a research report on Wednesday, April 2nd. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Old Dominion Freight Line has an average rating of “Hold” and a consensus price target of $183.37.

Old Dominion Freight Line Stock Performance

Shares of Old Dominion Freight Line stock opened at $169.93 on Thursday. The firm has a market capitalization of $35.91 billion, a P/E ratio of 31.01, a P/E/G ratio of 2.89 and a beta of 1.31. Old Dominion Freight Line has a 52 week low of $144.90 and a 52 week high of $233.26. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $159.42 and its two-hundred day moving average is $183.93.

Old Dominion Freight Line (NASDAQ:ODFL) last announced its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.14 by $0.05. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.38 billion. Old Dominion Freight Line had a net margin of 20.40% and a return on equity of 28.02%. The firm’s revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 earnings per share.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Old Dominion Freight Line by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 22,666,405 shares of the transportation company’s stock valued at $3,750,157,000 after buying an additional 416,097 shares during the period. Geode Capital Management LLC lifted its position in Old Dominion Freight Line by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 4,927,383 shares of the transportation company’s stock worth $870,311,000 after acquiring an additional 96,410 shares in the last quarter. Invesco Ltd. lifted its position in Old Dominion Freight Line by 1.3% during the 1st quarter. Invesco Ltd. now owns 4,272,231 shares of the transportation company’s stock worth $706,841,000 after acquiring an additional 53,079 shares in the last quarter. Norges Bank acquired a new position in Old Dominion Freight Line during the 4th quarter worth approximately $494,916,000. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of Old Dominion Freight Line by 79.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,599,005 shares of the transportation company’s stock valued at $430,006,000 after purchasing an additional 1,151,221 shares in the last quarter. Institutional investors and hedge funds own 77.82% of the company’s stock.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.