EPS for Old Dominion Freight Line (ODFL) Expected At $1.16

October 13, 2017 - By Vivian Currie

 EPS for Old Dominion Freight Line (ODFL) Expected At $1.16
Investors sentiment increased to 1.07 in Q2 2017. Its up 0.14, from 0.93 in 2017Q1. It is positive, as 34 investors sold Old Dominion Freight Line shares while 93 reduced holdings. 39 funds opened positions while 97 raised stakes. 57.60 million shares or 1.57% less from 58.52 million shares in 2017Q1 were reported.
The Oklahoma-based Bokf Na has invested 0.04% in Old Dominion Freight Line (NASDAQ:ODFL). Clinton Grp Inc owns 2,325 shares or 0.02% of their US portfolio. Winfield Associate reported 0% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL). Hl Finance Limited Company stated it has 0.07% in Old Dominion Freight Line (NASDAQ:ODFL). Smithfield Trust holds 0.04% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL) for 2,927 shares. M&T Financial Bank invested in 0% or 5,253 shares. California State Teachers Retirement System accumulated 110,478 shares. Groesbeck Investment Management Nj has invested 0.41% in Old Dominion Freight Line (NASDAQ:ODFL). Fiera Capital accumulated 0.21% or 452,947 shares. 2,490 were accumulated by Cambridge Investment Rech Advsr. State Street holds 0.02% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL) for 1.79M shares. D E Shaw Company stated it has 187,784 shares or 0.03% of all its holdings. Proshare Lc stated it has 0% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL). Cibc Asset Mngmt holds 0% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL) for 2,617 shares. Parallax Volatility Advisers Limited Partnership has 0% invested in Old Dominion Freight Line (NASDAQ:ODFL).

Analysts expect Old Dominion Freight Line (NASDAQ:ODFL) to report $1.16 EPS on October, 26.They anticipate $0.13 EPS change or 12.62 % from last quarter’s $1.03 EPS. ODFL’s profit would be $95.53M giving it 23.58 P/E if the $1.16 EPS is correct. After having $1.19 EPS previously, Old Dominion Freight Line’s analysts see -2.52 % EPS growth. The stock increased 0.92% or $1 during the last trading session, reaching $109.41. About 678,732 shares traded or 44.50% up from the average. Old Dominion Freight Line (NASDAQ:ODFL) has risen 37.85% since October 13, 2016 and is uptrending. It has outperformed by 21.15% the S&P500.

Old Dominion Freight Line (NASDAQ:ODFL) Ratings Coverage

Among 11 analysts covering Old Dominion Freight Line (NASDAQ:ODFL), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Old Dominion Freight Line had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Tuesday, October 10 by Bank of America. The stock has “Hold” rating by Deutsche Bank on Friday, July 31. Bank of America downgraded the shares of ODFL in report on Wednesday, December 2 to “Neutral” rating. The firm earned “Hold” rating on Monday, July 31 by Deutsche Bank. The rating was maintained by Stifel Nicolaus on Tuesday, September 19 with “Hold”. On Thursday, April 28 the stock rating was downgraded by Stifel Nicolaus to “Hold”. RBC Capital Markets maintained the shares of ODFL in report on Wednesday, September 23 with “Outperform” rating. Cowen & Co maintained Old Dominion Freight Line (NASDAQ:ODFL) rating on Friday, September 29. Cowen & Co has “Hold” rating and $100.0 target. The rating was maintained by Stifel Nicolaus on Wednesday, September 6 with “Hold”. RBC Capital Markets maintained the shares of ODFL in report on Friday, July 31 with “Sector Perform” rating.

Old Dominion Freight Line, Inc. is a union-free motor carrier providing regional, inter-regional and national less-than-truckload services. The company has market cap of $9.01 billion. The Company’s LTL services include ground and air expedited transportation for time-sensitive shipments, consumer household pickup and delivery and freight delivery services throughout North America. It has a 28.37 P/E ratio. In addition to its LTL services, the Company offers a range of other value-added services that include container drayage, truckload brokerage, supply chain consulting and warehousing.

More notable recent Old Dominion Freight Line (NASDAQ:ODFL) news were published by: Prnewswire.com which released: “Old Dominion Scores Major League Baseball Partnership” on April 06, 2017, also Bizjournals.com with their article: “Old Dominion Freight Line CFO: Here’s how we’re gaining market share after …” published on August 11, 2017, Prnewswire.com published: “Old Dominion Freight Line’s Second Quarter 2017 Conference Call on the Internet” on July 06, 2017. More interesting news about Old Dominion Freight Line (NASDAQ:ODFL) were released by: Seekingalpha.com and their article: “Old Dominion Freight Line And Other LTL Performance To Date Bodes Well For …” published on April 28, 2017 as well as Seekingalpha.com‘s news article titled: “Old Dominion Freight Line’s (ODFL) CEO David Congdon on Q2 2017 Results …” with publication date: July 28, 2017.

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