Why Shares of Old Dominion Freight Lines Were Up in June [The Motley Fool]
Old Dominion Freight Line, Inc. (ODFL)
Last old dominion freight line, inc. earnings: 4/23 07:00 am
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Source: The Motley Fool
Why Shares of Old Dominion Freight Lines Were Up in June After a difficult May, this trucking powerhouse moved back into the fast lane. Shares of Old Dominion Freight Line ( NASDAQ:ODFL ) followed a rough month of May with a strong 12.7% gain in June, according to data provided by S&P Global Market Intelligence , as some of the macroeconomic factors weighing on truckers earlier in the year showed signs of a rebound. Despite the volatility, Old Dominion investors are having a pretty good year so far in 2019. Shares of Old Dominion were under pressure in May due to fears about moderating demand for truckers, made worse by the uncertainty surrounding potential trade wars and a slowdown in the economy. Add in the negative ripple effect felt throughout the industry from Amazon.com reportedly exploring ways to expand into third-party shipping and logistics , and shares of Old Dominion and other truckers were bound to feel pressure. Early in the month, Old Dominion reported that revenue per
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News
- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target lowered by analysts at Barclays PLC from $210.00 to $205.00. They now have an "equal weight" rating on the stock.MarketBeat
- Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target lowered by analysts at JPMorgan Chase & Co. from $231.00 to $219.00. They now have a "neutral" rating on the stock.MarketBeat
- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target lowered by analysts at Bank of America Co. from $223.00 to $205.00. They now have a "neutral" rating on the stock.MarketBeat
- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target raised by analysts at UBS Group AG from $202.00 to $205.00. They now have a "neutral" rating on the stock.MarketBeat
ODFL
Earnings
- 4/24/24 - Beat
ODFL
Sec Filings
- 4/24/24 - Form 8-K
- 4/22/24 - Form PX14A6G
- 4/15/24 - Form ARS
- ODFL's page on the SEC website