Key Takeaways:
- Old Dominion Freight Line (ODFL, Financial) provides stability in a volatile LTL stock market.
- Analyst consensus suggests a potential 28.35% upside in stock value.
- Current brokerage recommendations rate ODFL as a "Hold."
LTL stocks are navigating choppy waters, experiencing a steep 18% decline over two days and a 33% drop this year, driven by emerging tariff concerns. In this turbulent environment, Old Dominion Freight Line (ODFL) has emerged as a stabilizing force, absorbing the shock felt across the broader sector due to its substantial market cap share. Investors are grappling with market volatility as earnings forecasts undergo downward adjustments.
Analyst Predictions for Old Dominion Freight Line
According to projections by 21 Wall Street analysts, the one-year average price target for Old Dominion Freight Line Inc (ODFL, Financial) stands at $190.39. The highest forecast is pegged at $240.00, while the lowest is $155.23. The average target suggests a promising upside of 28.35% from the current trading price of $148.34, which provides a compelling investment opportunity. For a deeper dive into these estimates, visit the Old Dominion Freight Line Inc (ODFL) Forecast page.
Brokerage Recommendations and Ratings
The consensus from 26 brokerage firms places Old Dominion Freight Line Inc (ODFL, Financial) at an average recommendation rating of 2.7, signifying a "Hold" status. This rating scale ranges from 1 to 5, where 1 is a Strong Buy and 5 is a Sell, offering investors a nuanced perspective on ODFL's stock holding as a balanced option in their portfolios.
GuruFocus Valuation Insights
GuruFocus estimates that the GF Value of Old Dominion Freight Line Inc (ODFL, Financial) in one year is projected to be $193.52. This projection highlights a potential upside of 30.46% from the current market price of $148.34. The GF Value metric leverages historical stock price multiples, assesses past business growth, and evaluates future performance expectations to determine a fair trading value. Further exploration and data can be accessed on the Old Dominion Freight Line Inc (ODFL) Summary page.
