David Congdon - Old Dominion Vice Chairman and CEO

ODFL Stock  USD 211.59  0.23  0.11%   

Chairman

Mr. David S. Congdon was appointed Executive Chairman of the Board of the Company effective as of May 16, 2018 . He previously served as our President and Chief Executive Officer since January 2008. He was our President and Chief Operating Officer from May 1997 to December 2007 and served in various positions in operations, maintenance and engineering between 1978 and 1997. He was first elected a director in 1998 and is the son of Earl E. Congdon. Mr. Congdon, through his years of service to us, including 20 years of service as an executive officer of Old Dominion, has played a critical role in helping us develop our strategic plan and grow our operations through geographic expansion and acquisitions. He has experience leading us through difficult operating conditions and has guided Old Dominion to sustained profitability. The Board benefits from Mr. Congdons critical knowledge of the LTL industry, as well as his deep understanding of the operational and regulatory complexities that we must address as a publiclytraded transportation company. since 2018.
Age 67
Tenure 6 years
Address 500 Old Dominion Way, Thomasville, NC, United States, 27360
Phone336 889 5000
Webhttps://www.odfl.com

Old Dominion Management Efficiency

The company has return on total asset (ROA) of 0.1981 % which means that it generated a profit of $0.1981 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3134 %, meaning that it created $0.3134 on every $100 dollars invested by stockholders. Old Dominion's management efficiency ratios could be used to measure how well Old Dominion manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Old Dominion's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.24 this year, although the value of Return On Capital Employed will most likely fall to 0.18. At this time, Old Dominion's Return On Assets are quite stable compared to the past year. Asset Turnover is expected to rise to 1.58 this year, although the value of Other Current Assets will most likely fall to about 89.5 M.
The company currently holds 200.38 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Old Dominion Freight has a current ratio of 1.71, which is within standard range for the sector. Debt can assist Old Dominion until it has trouble settling it off, either with new capital or with free cash flow. So, Old Dominion's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Old Dominion Freight sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Old to invest in growth at high rates of return. When we think about Old Dominion's use of debt, we should always consider it together with cash and equity.

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Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina. Old Dominion operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 24586 people. Old Dominion Freight (ODFL) is traded on NASDAQ Exchange in USA. It is located in 500 Old Dominion Way, Thomasville, NC, United States, 27360 and employs 22,902 people. Old Dominion is listed under Ground Transportation category by Fama And French industry classification.

Management Performance

Old Dominion Freight Leadership Team

Elected by the shareholders, the Old Dominion's board of directors comprises two types of representatives: Old Dominion inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Dominion's management team and ensure that shareholders' interests are well served. Old Dominion's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old Dominion's outside directors are responsible for providing unbiased perspectives on the board's policies.
Greg Gantt, Pres and COO
David Congdon, Vice Chairman and CEO
Sam Faucette, Vice Compliance
Michael Wray, Independent Director
David Bates, Senior Vice President - Operations
Cecil Overbey, Sr. VP of Marketing Pricing and Strategic Devel.
Kevin Freeman, Senior Vice President - Sales
Patrick Hanley, Independent Director
Sherry Aaholm, Independent Director
Kimberly Maready, Principal Accounting Officer
Robert Culp, Lead Independent Director
Steven Hartsell, Senior Sales
Bradley Gabosch, Independent Director
Gregory Plemmons, Senior Vice President - Sales
John Kasarda, Independent Director
Ross Parr, Vice President - Legal Affairs, General Counsel, Secretary
Christopher Brooks, Senior Vice President of Human Resources & Safety
Leo Suggs, Independent Director
John Congdon, Director
Adam Satterfield, CFO, Sr. VP of Fin. and Assistant Secretary
Earl Congdon, Executive Chairman

Old Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Old Dominion a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Old Dominion Investors Sentiment

The influence of Old Dominion's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Old. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Old Dominion's public news can be used to forecast risks associated with an investment in Old. The trend in average sentiment can be used to explain how an investor holding Old can time the market purely based on public headlines and social activities around Old Dominion Freight. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Old Dominion's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Old Dominion's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Old Dominion's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Old Dominion.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Old Dominion in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Old Dominion's short interest history, or implied volatility extrapolated from Old Dominion options trading.

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Old Dominion Freight information on this page should be used as a complementary analysis to other Old Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Old Dominion's price analysis, check to measure Old Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Dominion is operating at the current time. Most of Old Dominion's value examination focuses on studying past and present price action to predict the probability of Old Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Dominion's price. Additionally, you may evaluate how the addition of Old Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Old Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.008
Dividend Share
0.8
Earnings Share
5.63
Revenue Per Share
26.805
Quarterly Revenue Growth
0.003
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.