Old Dominion Freight Stock In The News

ODFL Stock  USD 219.31  5.30  2.48%   
The overall news coverage of Old Dominion Freight from major news outlets shows bullish sentiment on 23 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Old Dominion's news coverage and content from conventional and social sources shows investors' bearish mood towards Old Dominion Freight. The specific impact of Old Dominion news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Old Dominion's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Old Dominion headlines in addition to utilizing other, more conventional financial analysis modules. Check out Old Dominion Backtesting and Old Dominion Hype Analysis.

Old Dominion Today Top News and Investor Outlook

Yahoo News
Old Dominion Freight Line to Webcast First Quarter 2024 Conference Call
https://finance.yahoo.com/news/old-dominion-freight-line-webcast-150000856.html
 Neutral
Yahoo News
Here's Why You Should Avoid Old Dominion (ODFL) Stock Now
https://finance.yahoo.com/news/heres-why-avoid-old-dominion-155900062.html
 Bullish
Yahoo News
Walt Disney Stock Is Set to Rise on Growth and Lower Costs
https://finance.yahoo.com/m/ff19174f-b5ba-38b8-a8be-59b1768d2c7c/walt-disney-stock-is-set-to.html
 Bullish
Yahoo News
Werner (WERN) Down 9.9% Since Last Earnings Report: Can It Rebound?
https://finance.yahoo.com/news/werner-wern-down-9-9-163105808.html
 Neutral
Yahoo News
XPO provides favorable February update
https://finance.yahoo.com/news/xpo-provides-favorable-february-223416419.html
 Bullish
Yahoo News
Old Dominion Freight Line still waiting for market to turn
https://finance.yahoo.com/news/old-dominion-freight-line-still-190043414.html
 Bullish
Yahoo News
Saia sees 19% jump in February shipments
https://finance.yahoo.com/news/saia-sees-19-jump-february-224344083.html
 Bullish
Yahoo News
A Bull Market Is Here: 1 Stock-Split Growth Stock Up 48,400% Since 2000 to Buy and Hold Forever
https://finance.yahoo.com/news/bull-market-1-stock-split-114400596.html
 Bullish
Yahoo News
Old Dominion (ODFL) Up 12.8% Since Last Earnings Report: Can It Continue?
https://finance.yahoo.com/news/old-dominion-odfl-12-8-163040436.html
 Bullish
Yahoo News
Director John Kasarda Sells Shares of Old Dominion Freight Line Inc (ODFL)
https://finance.yahoo.com/news/director-john-kasarda-sells-shares-081650188.html
 Bullish

Old Dominion Freight Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Old and other traded companies coverage. We help investors stay connected with Old headlines for the 29th of March to make an informed investment decision based on correlating the impacts of news items on Old Stock performance. Please note that trading solely based on the Old Dominion Freight hype is not for everyone as timely availability and quick action are needed to avoid losses.
Old Dominion's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Old Dominion Freight investors visualize upcoming and past events in order to time the market based on Old Dominion Freight noise-free hype analysis.
Old Dominion stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Old earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Old Dominion that are available to investors today. That information is available publicly through Old media outlets and privately through word of mouth or via Old internal channels. However, regardless of the origin, that massive amount of Old data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Old Dominion news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Old Dominion relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Old Dominion's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Old Dominion alpha.

Old Largest EPS Surprises

Earnings surprises can significantly impact Old Dominion's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-04-28
2010-03-310.050.060.0120 
2010-01-28
2009-12-310.070.080.0114 
2008-04-22
2008-03-310.090.08-0.0111 
2007-04-26
2007-03-310.10.110.0110 
2006-04-27
2006-03-310.090.10.0111 
2005-07-22
2005-06-300.10.110.0110 
View All Earnings Estimates

Old Dominion Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Old Dominion Freight Stock. Current markets are strongly bullish. About 72% of major world exchanges and indexes are currently up. See today's market update for more information.
Simply Wall St News at Macroaxis
28th of March 2024
Investors Continue Waiting On Sidelines For Old Dominion Freight Line, Inc.
at simplywall.st 
Google News at Macroaxis
26th of March 2024
Looking Into Old Dominion Freight Lines Recent Short Interest - Investing.com UK
at news.google.com 
zacks News
18th of March 2024
Heres Why You Should Avoid Old Dominion Stock Now
at zacks.com 
Simply Wall St News at Macroaxis
14th of March 2024
Old Dominion Freight Line, Inc. is largely controlled by institutional shareholders who ow...
at simplywall.st 
Yahoo News
11th of March 2024
Disney initiated, Foot Locker upgraded Wall Streets top analyst calls
at finance.yahoo.com 
Yahoo News
7th of March 2024
Old Dominion Posts LTL Unit Performance for February
at finance.yahoo.com 
Investing News at Macroaxis
6th of March 2024
BofA downbeat on Old Dominion stock amid mixed performance
at investing.com 
businesswire News
5th of March 2024
Old Dominion Freight Line Provides Update for First Quarter 2024
at businesswire.com 
news
29th of February 2024
John D. Kasarda Sells 7,972 Shares of Old Dominion Freight Line, Inc. Stock
at thelincolnianonline.com 
seekingalpha News
16th of February 2024
Old Dominion Freight declares two-for-one stock split of its common stock
at seekingalpha.com 
Yahoo News
2nd of February 2024
Saia unveils 1B growth plan for 2024
at finance.yahoo.com 

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.

Old Dominion Implied Volatility

    
  29.74  
Old Dominion's implied volatility exposes the market's sentiment of Old Dominion Freight stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Old Dominion's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Old Dominion stock will not fluctuate a lot when Old Dominion's options are near their expiration.
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.
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 Old Dominion Backtesting and Old Dominion Hype Analysis.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency 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
5.64
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.