Old Dominion Freight Line, Inc. (ODFL) is a major North American LTL carrier offering regional, inter-regional, and national services, along with value-added options like container drayage and supply chain consulting. However, ODFL stock has underperformed, dropping 21.3% YTD and 38.7% in the past year.
Despite a marginal uptick post-Q3 results, ODFL faces pressure due to volume decline, with LTL tons per day down 9%. Q3 topline was $1.4 billion, down 4.3% YoY. Adjusted EPS dropped 10.5% to $1.28 but beat estimates by 4.9%.
Analysts predict ODFL’s full-year 2025 adjusted EPS to be $4.81, down 12.2% YoY. Stock has a consensus “Hold” rating, with a mix of buy, hold, and sell recommendations among analysts. Evercore ISI Group reiterated an “In-Line” rating with a reduced price target.
ODFL’s mean price target of $157.28 represents a 13.3% premium to current levels, while the street-high target of $181 suggests a 30.4% upside potential. Configuration has remained stable recently, with analysts showing a mix of bullish and bearish sentiments towards the stock.
Read more at Yahoo Finance: Are Wall Street Analysts Bullish on Old Dominion Freight Line Stock?
