NASDAQ:ODFL

Old Dominion Freight Line (ODFL) Price Target & Analyst Ratings

$306.43

+2.67 (+0.88%)

(As of 05/18/2023 ET)

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Today's Range: $300.99
▼
$309.27
50-Day Range: $298.43
▼
$354.44
52-Week Range: $231.31
▼
$381.81

Volume: 663,528 shs
Average Volume: 762,856 shs
Market Capitalization: $33.60 billion

P/E Ratio: 25.20
Dividend Yield: 0.52%
Price Target: $333.89

Old Dominion Freight Line Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 17 Analyst Ratings

Consensus Analyst Price Target

$333.89
8.96% Upside

High Prediction	$425.00
Average Prediction	$333.89
Low Prediction	$260.00

Type	Current 5/18/22 to 5/18/23	1 Month Ago 4/18/22 to 4/18/23	3 Months Ago 2/17/22 to 2/17/23	1 Year Ago 5/18/21 to 5/18/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	8 Hold rating(s)	10 Hold rating(s)	10 Hold rating(s)	13 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$333.89	$340.37	$342.32	$302.71
Predicted Upside	8.96% Upside	-1.21% Downside	-2.36% Downside	0.63% Upside

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ODFL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ODFL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Old Dominion Freight Line Stock vs. The Competition

Type	Old Dominion Freight Line	Transportation Companies	S&P 500
Consensus Rating Score	2.18	2.46	2.48
Consensus Rating	Hold	Hold	Hold
Predicted Upside	10.56% Upside	486.82% Upside	169.89% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/17/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	In-Line ➝ Outperform	$350.00	+17.28%
4/28/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$301.00 ➝ $350.00	+11.75%
4/27/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
4/27/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
4/27/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$386.00 ➝ $350.00	+14.56%
4/27/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$390.00 ➝ $350.00	+14.56%

4/27/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$326.00 ➝ $310.00	+1.47%
4/27/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$340.00 ➝ $320.00	+4.74%
4/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$322.00 ➝ $306.00	+0.16%
4/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	$340.00 ➝ $339.00	+1.43%
2/2/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underperform	$291.00 ➝ $326.00	-13.33%
2/2/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$262.00 ➝ $297.00	-21.04%
2/2/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$340.00 ➝ $425.00	+13.00%
2/2/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$284.00 ➝ $388.00	+3.16%
2/2/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$275.00 ➝ $380.00	+3.97%
2/2/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$267.00 ➝ $332.00	-9.69%
2/2/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$325.00 ➝ $400.00	+8.81%
1/17/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$266.00 ➝ $334.00	+5.91%
10/27/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$267.00	+1.46%
10/27/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$265.00 ➝ $260.00	-5.28%
8/17/2022	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Sell	$260.00	-16.15%

(Data available from 5/18/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

ODFL Price Target - Frequently Asked Questions

What is Old Dominion Freight Line's consensus rating and price target?: According to the issued ratings of 17 analysts in the last year, the consensus rating for Old Dominion Freight Line stock is Hold based on the current 3 sell ratings, 8 hold ratings and 6 buy ratings for ODFL. The average twelve-month price prediction for Old Dominion Freight Line is $333.89 with a high price target of $425.00 and a low price target of $260.00. Learn more on ODFL's analyst rating history.
Do Wall Street analysts like Old Dominion Freight Line more than its competitors?: Analysts like Old Dominion Freight Line less than other Transportation companies. The consensus rating score for Old Dominion Freight Line is 2.18 while the average consensus rating score for transportation companies is 2.46. Learn more on how ODFL compares to other companies.
Is Old Dominion Freight Line being upgraded by Wall Street analysts?: Over the previous 90 days, Old Dominion Freight Line's stock had 2 upgrades by analysts.

Does Old Dominion Freight Line's stock price have much downside?: According to analysts, Old Dominion Freight Line's stock has a predicted downside of -1.08% based on their 12-month price targets.
What analysts cover Old Dominion Freight Line?: Old Dominion Freight Line has been rated by 22nd Century Group, 888, Credit Suisse Group, Deutsche Bank Aktiengesellschaft, Evercore ISI, Morgan Stanley, Raymond James, Robert W. Baird, Susquehanna, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:ODFL) was last updated on 5/18/2023 by MarketBeat.com Staff

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