Old Dominion Freight Line to Broadcast Second Quarter 2021 Conference Call on the Internet 2021/06/30 15:00:00 Business Wire
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2021 financial results before opening of tr
Valens Equity Weekly Insights and Inflections for June 29, 2021 2021/06/30 01:15:50 Valens Research
Company Specific Highlights & Insights:AES, ANET, CF, CHDN, DASH, FLR, GPS, IPGP, NCR, NVDA, ODFL, PANW, PAYC, SABR, SBUX, TDG, TPR, UAA, UPS Aggregate ECF Trend Analysis: Management confidence showed a robust recovery in May through July 2020 after the pandemic-driven drop in management confidence earlier in 2020. The green shoots in May through July did moderate some through Q3, and are now only at more average levels entering Q1 2021 earnings season, Read More The post Valens Equity Weekly Insights and Inflections for June 29, 2021 appeared first on Valens Research .
ODFL Market expectations are for Uniform ROA to reach new peaks, but management may be concerned about shipment capacity, growth, and demand 2021/06/22 10:55:23 Valens Research
Old Dominion Freight Line, Inc. (ODFL:USA) currently trades above historical averages relative to UAFRS-based (Uniform) earnings, with a 31.2x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may be concerned about their capacity investments, revenue and shipments growth, and the sustainability of demand Specifically, management may lack confidence in Read More The post ODFL Market expectations are for Uniform ROA to reach new peaks, but management may be concerned about shipment capacity, growth, and demand appeared first on Valens Research .
Old Dominion changes large-cap equity funds in 401(k) lineup 2021/06/18 15:13:35 Pensions & Investments
Old Dominion Freight Line Inc., Thomasville, N.C., added the American Funds Washington Mutual Investors Fund to the investment options lineup of its 401(k) plan in 2020. As of Dec. 31, the active domestic large-cap equity fund managed by Capital Group had $22 million in assets in the plan, according to the company''s 11-K filing with the SEC on Thursday. A comparison of this year''s filing and last year''s filing shows the plan removed a similar fund from the investment options lineup in 2020. As of Dec. 31, 2019, the American Century Value Fund, an active domestic large-cap value equity fund managed by American Century Investments, had $25 million in assets in the plan, according to the prior 11-K filing. The new 11-K filing did not provide a reason for the change. As of Dec. 31, the Old Dominion 401(k) Retirement Plan had $1.5 billion in assets, according to the new 11-K filing. Adam N. Satterfield, senior vice president, finance, and chief financial officer, could not be immediately reached for further information.
The Daily Dash: Good May For Old Dominion 2021/06/04 14:55:08 Benzinga
The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight a strong report for Old Dominion, an interesting sustainability study and more. The High Five 1. Old Dominion Freight Line reported Thursday that the high-demand environment continued through May. The less-than-truckload carrier said May revenue per day was up 47.6% year-over-year, which followed a more than 50% increase in April. Todd Maiden's report 2. Shippo, an e-commerce shipping platform, has raised $50 million in new funding led by Bessemer Venture Partners. The company has raised a total … Full story available on Benzinga.com
Barron's touts 10 ways to cash in on today's shortages in materials, labor 2021/05/30 04:45:00 Seeking Alpha
Old Dominion Freight Line, Inc. Shares Approach 52-Week High - Market Mover 2021/04/26 22:30:00 Kwhen Finance
Old Dominion Freight Line, Inc. shares closed today at 0.4% below its 52 week high of $259.47, giving the company a market cap of $29B. The stock is currently up 30.0% year-to-date, up 79.6% over the past 12 months, and up 453.1% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.3%. Trading Activity Trading volume this week was 5.5% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 50.5% The company's stock price performance over the past 12 months lags the peer average by -10.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 85.7% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to firstname.lastname@example.org. © 2020 Kwhen Inc.
Old Dominion Posts Best First Quarter Ever 2021/04/22 15:05:34 Benzinga
Less-than-truckload carrier Old Dominion Freight Line (NASDAQ: ODFL ) reported first-quarter earnings per share of $1.70, 12 cents better than the consensus estimate and significantly ahead of the year-ago result of $1.11. The Thomasville, North Carolina-based company reported a 14.1% year-over-year increase in revenue as tonnage increased 8.3% and shipments grew 6.9%. Tight truck capacity allowed the carrier to raise yields again with revenue per hundredweight up 5.6%. "We are winning market share as demand for our industry-leading service continues to increase. In addition, we believe the domestic economy is getting stronger … Full story available on Benzinga.com
Earnings Scheduled For April 22, 2021 2021/04/22 08:01:03 Benzinga
Companies Reporting Before The Bell • Republic First Bancorp (NASDAQ: FRBK ) is estimated to report quarterly earnings at $0.05 per share on revenue of $36.85 million. • Travelzoo (NASDAQ: TZOO ) is likely to report quarterly loss at $0.02 per share on revenue of $14.06 million. • Genuine Parts (NYSE: GPC ) is likely to report quarterly earnings at $1.14 per share on revenue of $4.30 billion. • Alaska Air Gr (NYSE: ALK ) is likely to report quarterly loss at $3.63 per share on revenue of $785.58 million. • Banc of California (NYSE: BANC ) is estimated to report quarterly earnings at $0.24 per share on revenue of $62.54 million. • Bryn Mawr Bank (NASDAQ: BMTC ) is estimated to report quarterly earnings at $0.67 per share on revenue of $34.13 million. • D.R. Horton (NYSE: DHI ) is estimated to report quarterly earnings at $2.15 per share on revenue of $6.10 billion. • East West Bancorp (NASDAQ: EWBC ) is projected to report quarterly earnings at $1.24 per share on revenue of $354.11 million.
Cowen & Co. Stick to Their Hold Rating for Old Dominion Freight Line By Investing.com 2021/03/18 12:35:04 Investing.com
Cowen & Co. Stick to Their Hold Rating for Old Dominion Freight Line
Old Dominion Freight Line Provides Update for First-Quarter 2021 2021/03/02 12:00:00 Business Wire
THOMASVILLE, N.C.--(BUSINESS WIRE)---- $ODFL--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2021. Revenue per day increased 9.2% as compared to February 2020 due to a 5.9% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 4.1% increase in LTL weight per shipment and a 1.8% increase in LTL shipments per day. For the quarter-to-date period, LTL
Old Dominion Freight Line, Inc. : Announces General Rate Increase | MarketScreener 2021/02/15 13:02:02 MarketScreener
Old Dominion Freight Line, Inc. today announced a general rate increase of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs effective March 1,… | February 15, 2021