| 2024-10-04 | +0.49 % |
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| 2024-10-03 | -1.33 % |
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| 2024-10-02 | -0.64 % |
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| 2024-09-30 | +0.98 % |
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| 2024-09-27 | +0.71 % |
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| 2024-09-20 | -5.16 % |
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| 2024-09-05 | -4.9 % |
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| 2024-08-05 | -0.44 % |
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| 2024-08-02 | -3.98 % |
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| 2024-07-31 | +2.51 % |
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| 2024-07-24 | +0.4 % |
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| 2024-07-22 | -0.08 % |
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| 2024-07-18 | -1.62 % |
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| 2024-07-17 | -2.53 % |
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| 2024-06-20 | +0.78 % |
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| 2024-06-12 | +2.14 % |
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| 2024-06-10 | +1.54 % |
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| 2024-06-06 | -3.34 % |
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| 2024-06-05 | +2.07 % |
- The article reports that Old Dominion Freight Line (ODFL) stock was up 2.07% last night, and the increase was driven by the company's improvements in its less-than-truckload operating metrics, such as a 5.6% increase in revenue per day, with increases in LTL tons per day and revenue per hundredweight, reflecting a stable pricing environment.
- The article discusses Bonhoeffer Capital Management's first-quarter 2024 investor letter, where they highlighted Old Dominion Freight Line (ODFL) as a growth stock that has seen increases in intrinsic value over time. ODFL stock went up following this analysis due to its development from a commodity trucking business to a franchise through consolidation, with its stock price growing in line with its intrinsic value, outperforming the index average. Similarly, the fund has replaced slower-growing companies with faster-growing ones, leading to the increase in ODFL stock value.
- The article discusses stock recommendations for the month based on a cycle/relative strength concept, with Old Dominion Freight Line (ODFL) stock being a short candidate despite having risen 2.07% the previous night due to technical weakness and a declining monthly cycle.
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| 2024-05-31 | +1.28 % |
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| 2024-05-20 | -2.24 % |
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| 2024-05-09 | +0.8 % |
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| 2024-05-08 | -1.67 % |
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| 2024-05-02 | +0.5 % |
- The article discusses a strategy based on the cycle/relative strength concept as applied to S&P 500 stocks, with the top five long recommendations for May including Micron, Progressive, Hasbro, Wells Fargo, and American Express, and the top five short recommendations including Healthpeak Properties, Walgreen Boots, Globe Life, PENN Entertainment, and Old Dominion Freight Line (ODFL); the ODFL stock goes up due to it being in an extended downtrend and the overall market favoring stock appreciation, with Hasbro's positive earnings contributing to its relative uptrend.
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| 2024-04-29 | +1 % |
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| 2024-04-26 | -7.24 % |
- Summary: The article discusses how shares of less-than-truckload carriers, including Old Dominion Freight Line (ODFL), were impacted by Saia missing first-quarter expectations and reporting weak March shipment numbers, resulting in a sell-off among peers. Saia's earnings per share fell short of estimates, and its growth plans include opening new terminals and acquisitions, leading to a decline in its stock price. Despite Saia's initiatives and financial performance, ODFL stock went down due to broader market movements and analyst adjustments in expectations for the quarterly prints.
Reason for ODFL stock decline: ODFL stock went down as part of a broader decline in the less-than-truckload carrier group, following Saia's weaker-than-expected performance and market conditions affecting the industry.
- The article discusses how Old Dominion Freight Line (ODFL) stock was down by 7.24% last night despite reporting revenue of US$1.46b (up 1.2%) and net income of US$292.3m (up 2.5%) in the first quarter of 2023, with the stock decline potentially due to factors such as overall market conditions or specific company developments.
- The article discusses how Old Dominion Freight Line, Inc. (ODFL) experienced a -7.24% drop in its stock price, due to various equity analysts lowering price targets and issuing neutral ratings on the company; this decline was recorded after it reported earnings that slightly exceeded consensus estimates.
- Old Dominion Freight Line (ODFL) stock fell 7.2% due to the company posting lower-than-expected quarterly revenue, leading to a decrease in shares as analysts lowered their price target on the stock.
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| 2024-04-25 | +0.82 % |
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| 2024-04-24 | -11.05 % |
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| 2024-04-19 | +1.92 % |
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| 2024-04-11 | +2.21 % |
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| 2024-04-05 | +2.99 % |
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