Thomasville, North Carolina-based Old Dominion Freight Line, Inc. (ODFL) operates as a less-than-truckload motor carrier in the United States and North America. Valued at a market cap of $37.7 billion, the company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation services.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” ODFL fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the trucking industry.
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ODFL stock currently trades 28.3% below its 52-week high of $252.03, recorded on June 6. ODFL has declined 23.5% over the past three months, underperforming the State Street Industrial Sector SPDR ETF’s (XLI) marginal rise during the same time frame.
www.barchart.comIn the longer term, ODFL has delivered a different performance. The stock has surged 23.5% over the past 52 weeks, outpacing the 12.6% rise of XLI over the same period. ODFL has traded below its 200-day moving average since this month and also below its 50-day moving average since the end of July.
www.barchart.comODFL has an impressive history of surpassing consensus estimates in all its previous quarters. Its Q2 2026 release on July 28 was no different. Its revenue for the period amounted to $1.6 billion and topped the Street’s estimates, coupled with its adjusted EPS coming in at $1.68, also surpassing the consensus estimates. The company has surpassed analyst estimates for each of the last four quarters, which is an impressive feat. ODFL also saw a rise in its operating margin and free cash flow margin for the quarter, indicating higher profitability and operational excellence.
When stacked against its rival, XPO, Inc. (XPO) has surged 40.7% over the past year, rallying ODFL.
Wall Street has a moderately optimistic view of the stock currently. Among the 24 analysts tracking ODFL, the overall consensus stands at a “Moderate Buy.” Its mean price target of $233.26 suggests 28.5% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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