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ODFL stock quote performance has been on a rollercoaster ride over the years, with a 52-week high of $134.71 and a 52-week low of $83.24.
The company's stock price has fluctuated significantly due to various market and economic factors, including the COVID-19 pandemic and changes in the logistics industry.
In 2020, ODFL's stock price plummeted by 33% due to the pandemic's impact on the economy.
Stock Performance Overview
Old Dominion Freight Line Inc's stock performance is a mixed bag. The company's market capitalization is a staggering $41,570,198,000.
Its primary exchange is the NASDAQ. The stock's day range is between $189.67 and $194.38.
The previous close is $194.71, with a year range of $165 to $232.
Here's a snapshot of the company's performance:
The company's 52-week high is $233.26, while the 52-week low is $165.49. The beta is 1.05, indicating moderate volatility.
Over the past year, the stock has changed by -4.01%, with a 3-year change of 24.10% and a 5-year change of 178.95%. The company has returned 33,193.96% since its IPO.
In terms of shareholder returns, Old Dominion Freight Line Inc underperformed the US Transportation industry and the US Market over the past year, with returns of -4.0% and 22.7% respectively.
Financial Data
Financial data for Old Dominion Freight Line (ODFL) is a crucial aspect of understanding the company's performance. The P/E ratio, which measures the stock's price relative to its earnings, has been steadily increasing over the years, with a current P/E ratio of 36.00.
Sales per share have been growing, with a current sales per share of $26.64. The dividend yield, which represents the ratio of the annual dividend payment to the stock's current price, is a relatively low 0.39%. Equity ratio, which measures the proportion of the company's assets that are financed by shareholders, is a high 77.24%.
Here are the estimated revenue and earnings per share (EPS) for Old Dominion Freight Line for the next few years:
The number of analysts estimating revenue and EPS for Old Dominion Freight Line has been steadily decreasing, with 15 analysts estimating revenue in 2025 and 18 analysts estimating EPS in 2026.
USD Data
USD Data offers a fascinating glimpse into the financial performance of companies. Specifically, let's look at the sales per share, which has ranged from 13.58 in 2017 to 26.64 in 2023.
The P/E ratio, a key metric for investors, has fluctuated over the years, with a high of 40.33 in 2021 and a low of 23.30 in 2022.
One important financial metric is the dividend yield, which has averaged around 0.39% in 2023, indicating a relatively stable dividend payout.
The equity ratio has been consistently high, ranging from 74.20% in 2017 to 77.24% in 2023, indicating a strong financial position.
Here's a breakdown of the equity ratio and debt ratio in USD for 2023:
These numbers provide valuable insights into the financial health of companies and can help investors make informed decisions.
Competitors
In the world of financial data, there are several key players that offer similar services to the ones we've discussed. Quandl, a popular platform for financial and economic data, provides access to over 10 million datasets from more than 200 exchanges and market data providers.
Quandl's competitors include Alpha Vantage, which offers free and paid APIs for stock, forex, and cryptocurrency data. Alpha Vantage's APIs are used by over 100,000 developers worldwide.
Another notable competitor is YFinance, a Python library that provides simple and intuitive access to stock data. YFinance's data is sourced from Yahoo Finance and provides real-time and historical stock prices.
Alpha Vantage and YFinance are often used in conjunction with each other to provide a more comprehensive view of financial data.
Frequently Asked Questions
Is ODFL a good stock to buy?
ODFL has a consensus rating of Hold with 3.78% upside potential, but analysts' opinions are mixed with 4 buy, 12 hold, and 3 sell ratings. If you're considering buying ODFL, it's worth exploring the latest analyst ratings and price targets for a more informed decision.
What is the annual return of ODFL?
Old Dominion Freight Line's annual revenue has shown significant growth over the years, with a 30.91% increase from 2020 to 2021 and a 19.1% increase from 2021 to 2022. However, in 2023, the company experienced a 6.29% decline in revenue.
What is the payout ratio for ODFL?
The payout ratio for ODFL is 17%, indicating that 17% of the company's earnings are paid out as dividends. This ratio suggests a relatively conservative dividend policy.
Sources
- https://ir.odfl.com/news-events/press-releases/detail/301/old-dominion-freight-line-declares-two-for-one-stock-split
- https://wise.com/au/stock/odfl
- https://markets.businessinsider.com/stocks/odfl-stock
- https://finviz.com/quote.ashx
- https://simplywall.st/stocks/us/transportation/nasdaq-odfl/old-dominion-freight-line
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