Old Dominion Freight Line (NASDAQ:ODFL) Price Target Raised to $195.00 at Jefferies Financial Group

Old Dominion Freight Line (NASDAQ:ODFL) had its target price raised by equities researchers at Jefferies Financial Group from $160.00 to $195.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the transportation company’s stock. Jefferies Financial Group’s target price points to a potential downside of 6.49% from the stock’s previous close.

Several other brokerages have also weighed in on ODFL. Susquehanna reissued a “neutral” rating and set a $170.00 price objective on shares of Old Dominion Freight Line in a report on Monday, January 5th. Bank of America increased their price target on shares of Old Dominion Freight Line from $147.00 to $149.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Stephens reiterated an “overweight” rating and issued a $232.00 price target on shares of Old Dominion Freight Line in a research note on Thursday. Rothschild Redb upgraded Old Dominion Freight Line to a “strong sell” rating in a research note on Wednesday, November 26th. Finally, Barclays set a $185.00 target price on Old Dominion Freight Line in a report on Thursday. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $170.67.

Old Dominion Freight Line Trading Up 9.9%

NASDAQ:ODFL opened at $208.54 on Thursday. Old Dominion Freight Line has a one year low of $126.01 and a one year high of $209.61. The business’s 50-day simple moving average is $164.01 and its 200 day simple moving average is $151.15. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $43.61 billion, a price-to-earnings ratio of 41.96, a price-to-earnings-growth ratio of 9.43 and a beta of 1.28.

Old Dominion Freight Line (NASDAQ:ODFL) last released its earnings results on Wednesday, February 4th. The transportation company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.06 by $0.03. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Old Dominion Freight Line had a return on equity of 24.92% and a net margin of 18.97%.The business’s revenue was down 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.23 EPS. As a group, sell-side analysts predict that Old Dominion Freight Line will post 5.68 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Financial Gravity Companies Inc. acquired a new position in shares of Old Dominion Freight Line during the second quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Old Dominion Freight Line by 175.7% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 193 shares of the transportation company’s stock worth $27,000 after purchasing an additional 123 shares in the last quarter. Westside Investment Management Inc. raised its position in shares of Old Dominion Freight Line by 100.0% during the third quarter. Westside Investment Management Inc. now owns 196 shares of the transportation company’s stock worth $27,000 after purchasing an additional 98 shares during the period. Rossby Financial LCC acquired a new stake in Old Dominion Freight Line during the 2nd quarter worth about $28,000. Finally, Raiffeisen Bank International AG acquired a new stake in shares of Old Dominion Freight Line during the third quarter valued at approximately $37,000. Institutional investors own 77.82% of the company’s stock.

Key Headlines Impacting Old Dominion Freight Line

Here are the key news stories impacting Old Dominion Freight Line this week:

• Positive Sentiment: Morgan Stanley raised its price target on ODFL (about a 10% upgrade), which appears to have triggered buying interest and helped extend the stock’s recent rally. Old Dominion (ODFL) Climbs 9.89% as Morgan Stanley Hikes PT
• Positive Sentiment: Q4 results beat consensus modestly: GAAP EPS $1.09 vs. $1.06 expected, and revenue roughly in line/beat by ~$10M — evidence the company still has pricing power despite softer volumes. Analysts and markets flagged the beat as a sign management is offsetting lower volumes with pricing and cost control. Old Dominion Beats on Q4 Earnings and Revenues, Hikes Dividend
• Positive Sentiment: The board raised the quarterly dividend to $0.29 (3.6% increase), reflecting strong free cash flow and a shareholder‑friendly stance that can support valuation. Press Release
• Neutral Sentiment: Management gave a Q1 revenue target of $1.25B–$1.30B and emphasized “cautious optimism” about freight demand recovery — a constructive but conservative guide that leaves room for upside if volumes improve. Q1 revenue target article
• Neutral Sentiment: Conference‑call commentary and earnings summaries highlight pricing strength and an operating ratio of ~76.7%, but show the company is managing through a cyclical, soft freight market. Earnings Call Highlights
• Negative Sentiment: Revenue declined ~5.7% year‑over‑year and shipments remain down; several outlets flagged the quarter as weaker in the context of a soft freight market — a headwind for sustainable top‑line growth. Old Dominion posts weaker quarterly results
• Negative Sentiment: Some early investor reaction was cautious and shares briefly moved lower on the revenue decline and soft volume commentary, signaling risk if freight demand doesn’t recover. Shares drop as revenue declines

Old Dominion Freight Line Company Profile

Old Dominion Freight Line is a U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services. Founded in 1934 and headquartered in Thomasville, North Carolina, the company has grown from a regional carrier into a national freight network, operating a broad system of service centers and terminals to move shipments for shippers of varying sizes and industries.

The company’s core business is LTL trucking, offering scheduled pickup and delivery for palletized freight that does not require a full truckload.