Old Dominion Freight Line, Inc. (ODFL)
NASDAQ: ODFL · IEX Real-Time Price · USD
178.97
-4.10 (-2.24%)
May 20, 2024, 4:00 PM EDT - 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 211.26, with a low estimate of 175 and a high estimate of 257.5. The average target predicts an increase of 18.04% from the current stock price of 178.97.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 6 | 7 | 5 | 5 | 5 | 6 |
| Hold | 9 | 8 | 7 | 9 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 15 | 16 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold → Buy Upgrades $205 | Hold → Buy | Upgrades | $205 | +14.54% | May 8, 2024 |
| Vertical Research | Vertical Research | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Apr 29, 2024 |
| Barclays | Barclays | Hold Maintains $210 → $205 | Hold | Maintains | $210 → $205 | +14.54% | Apr 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $231 → $219 | Hold | Maintains | $231 → $219 | +22.37% | Apr 25, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $223 → $205 | Hold | Maintains | $223 → $205 | +14.54% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
6.48B
from 5.87B
Increased by 10.43%
Revenue Next Year
7.09B
from 6.48B
Increased by 9.51%
EPS This Year
6.56
from 5.63
Increased by 16.58%
EPS Next Year
7.55
from 6.56
Increased by 15.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.8B | 7.6B | 8.1B | 8.6B | 9.3B |
| Avg | 6.5B | 7.1B | 7.7B | 8.3B | 9.1B |
| Low | 6.0B | 6.5B | 7.3B | 8.0B | 8.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.5% | 16.9% | 14.5% | 11.9% | 11.7% |
| Avg | 10.4% | 9.5% | 8.2% | 8.7% | 8.5% |
| Low | 2.4% | 0.3% | 2.5% | 4.5% | 4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.06 | 8.14 | 8.70 | 9.44 | 10.28 |
| Avg | 6.56 | 7.55 | 8.21 | 9.17 | 9.99 |
| Low | 5.89 | 6.79 | 7.48 | 8.81 | 9.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.4% | 24.0% | 15.2% | 15.0% | 12.1% |
| Avg | 16.6% | 15.1% | 8.7% | 11.7% | 8.9% |
| Low | 4.6% | 3.5% | -1.0% | 7.3% | 4.6% |
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.