Zacks Research Has Negative Outlook for ODFL Q2 Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Investment analysts at Zacks Research cut their Q2 2025 EPS estimates for Old Dominion Freight Line in a report issued on Wednesday, May 14th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings per share of $1.30 for the quarter, down from their prior estimate of $1.47. The consensus estimate for Old Dominion Freight Line’s current full-year earnings is $5.68 per share. Zacks Research also issued estimates for Old Dominion Freight Line’s Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $5.20 EPS, Q3 2026 earnings at $1.55 EPS, Q4 2026 earnings at $1.51 EPS, Q1 2027 earnings at $1.66 EPS and FY2027 earnings at $7.45 EPS.

A number of other research analysts also recently commented on the stock. Morgan Stanley set a $185.00 target price on shares of Old Dominion Freight Line in a research report on Wednesday, April 2nd. Barclays dropped their price objective on shares of Old Dominion Freight Line from $185.00 to $170.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 24th. Susquehanna reduced their price objective on shares of Old Dominion Freight Line from $171.00 to $168.00 and set a “neutral” rating for the company in a research note on Thursday, April 24th. JPMorgan Chase & Co. lowered their target price on Old Dominion Freight Line from $174.00 to $158.00 and set a “neutral” rating for the company in a report on Thursday, April 24th. Finally, Jefferies Financial Group dropped their price objective on Old Dominion Freight Line from $195.00 to $165.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Old Dominion Freight Line has an average rating of “Hold” and an average target price of $183.37.

Old Dominion Freight Line Stock Performance

Shares of Old Dominion Freight Line stock opened at $171.65 on Thursday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $159.58 and its 200-day moving average price is $184.14. The firm has a market cap of $36.27 billion, a P/E ratio of 31.32, a P/E/G ratio of 2.89 and a beta of 1.31. Old Dominion Freight Line has a 12 month low of $144.90 and a 12 month high of $233.26.

Old Dominion Freight Line (NASDAQ:ODFL) last released its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.14 by $0.05. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the business posted $1.34 EPS. Old Dominion Freight Line’s quarterly revenue was down 5.8% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. increased its position in shares of Old Dominion Freight Line by 3.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,568 shares of the transportation company’s stock valued at $277,000 after acquiring an additional 55 shares during the period. D.A. Davidson & CO. grew its stake in Old Dominion Freight Line by 1.9% during the 4th quarter. D.A. Davidson & CO. now owns 2,888 shares of the transportation company’s stock valued at $509,000 after purchasing an additional 55 shares during the last quarter. Evergreen Private Wealth LLC increased its holdings in shares of Old Dominion Freight Line by 0.9% in the fourth quarter. Evergreen Private Wealth LLC now owns 6,651 shares of the transportation company’s stock valued at $1,173,000 after purchasing an additional 59 shares during the period. Lido Advisors LLC increased its holdings in shares of Old Dominion Freight Line by 3.2% in the fourth quarter. Lido Advisors LLC now owns 1,929 shares of the transportation company’s stock valued at $340,000 after purchasing an additional 59 shares during the period. Finally, Dorsey & Whitney Trust CO LLC raised its stake in shares of Old Dominion Freight Line by 5.5% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,169 shares of the transportation company’s stock worth $206,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 77.82% of the company’s stock.

About Old Dominion Freight Line

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.