# Old Dominion Freight Line, Inc. – Consensus ‘buy’ rating and 1.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/old-dominion-freight-line-inc.consensus-buy-rating-and-1.7-upside-potential/4121132935
- Published: 2023-11-16T13:02:17+00:00
- Author: Charlotte Edwards

**Old Dominion Freight Line, Inc.** which can be found using ticker (ODFL) have 
now 18 confirmed analysts covering the stock with the consensus suggesting a rating
of ‘buy’. The range between the high target price and low target price is between
$490.00 and $330.00 and has a mean target at $411.89. Now with the previous closing
price of $404.83 and the analysts are correct then we can expect a percentage increase
in value of 1.7%. Also worth taking note is the 50 day moving average now sits at
$401.91 while the 200 day moving average is $366.01. The total market capitalization
for the company now stands at 43.94B. The stock price for the company is currently
is currently $402.74 USD

 The potential market cap would be $44,710,938,665 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 35.83, revenue per share of $53.42
and a 20.4% return on assets.

Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor
carriers. The Company provides regional, inter-regional and national LTL services
through a single integrated, union-free organization. Its service offerings include
expedited transportation, which is provided through a network of service centers
located throughout the continental United States. It offers a range of value-added
services including container drayage, truckload brokerage, and supply chain consulting.
It operates approximately 255 service center locations, of which the Company owns
231 and leases 24. Its service centers are responsible for the pickup and delivery
of freight within their local service area. Its system offers its customers access
to information such as freight tracking, shipping documents, rate quotes, rate databases,
and account activity. These centralized systems and its customer service department
provide its customers with a single point of contact to access information.

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