Old Dominion Freight Line Inc Crosses Above 5-Day SMA on Upgrades
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 01 Dec 25
Source: NASDAQ.COM
Old Dominion Freight Line Inc shares rose by 5.33% today, crossing above the 5-day SMA. This movement comes amid positive analyst sentiment following recent upgrades from BMO Capital, which raised its rating to Outperform despite lowering the price target to $170.
The company has faced challenges this year, with shares down 23% year-to-date and a total shareholder return of -39.5%. However, analysts believe that ODFL's fair value is significantly higher than its recent closing price, indicating potential for recovery.
The focus on operational efficiency and strategic capital expenditure reductions may support future growth, even as the transportation sector grapples with weak freight demand and rising costs.
Analyst Views on ODFL
Wall Street analysts forecast ODFL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ODFL is 162.18 USD with a low forecast of 114.00 USD and a high forecast of 196.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
7 Buy
8 Hold
3 Sell
Hold
Current: 172.720
Low
114.00
Averages
162.18
High
196.00
Current: 172.720
Low
114.00
Averages
162.18
High
196.00
About ODFL
Old Dominion Freight Line, Inc. is a less-than-truckload (LTL) motor carrier. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings, which include expedited transportation, are provided through an expansive 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 261 service center locations, of which it owns 239 and leased 22. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its systems allow it to offer its customers access to information, such as freight tracking, shipping documents, rate quotes, rate databases and account activity. Its integrated systems and customer service department provide its customers with a single point of contact to access information.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
