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Old Dominion Freight Line Already 4% Up, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Old Dominion Freight Line‘s pre-market value is already 4.6% up.

Old Dominion Freight Line’s last close was $219.31, 51.52% below its 52-week high of $452.34.

The last session, NASDAQ finished with Old Dominion Freight Line (ODFL) jumping 2.49% to $219.31. NASDAQ fell 0.12% to $16,379.46, following the last session’s downward trend on what was a somewhat negative trend trading session.

About Old Dominion Freight Line

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2023, it owned and operated 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers; 46 fleet maintenance centers; and 257 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

Earnings Per Share

As for profitability, Old Dominion Freight Line has a trailing twelve months EPS of $5.63.

PE Ratio

Old Dominion Freight Line has a trailing twelve months price to earnings ratio of 38.95. Meaning, the purchaser of the share is investing $38.95 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 31.34%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.3%, now sitting on 5.87B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 5, 2024, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 0.49%.

Yearly Top and Bottom Value

Old Dominion Freight Line’s stock is valued at $219.31 at 09:25 EST, way under its 52-week low of $295.80.

Sales Growth

Old Dominion Freight Line’s sales growth is 2.9% for the present quarter and 11.2% for the next.

More news about Old Dominion Freight Line (ODFL).

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