Old Dominion Freight Line (NASDAQ:ODFL) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.


Having a price of $82.06, Old Dominion Freight Line (NASDAQ:ODFL) traded -1.78% lower on the day. With the last stock price down -3.89% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. ODFL has recorded a 50-day average of $87.19 and a two hundred day average of $83.86. Trade Volume was up over the average, with 609,082 shares of ODFL changing hands over the typical 447,213

Zacks Investment Research has upgraded Old Dominion Freight Line (NASDAQ:ODFL) to Hold in a statement released on Thursday April 13, 2017.

Recent Performance Chart

Old Dominion Freight Line (NASDAQ:ODFL)

Old Dominion Freight Line has PE ratio of 22.65 with a one year low of $56.74 and a one year high of $94.97 and has a market capitalization of $0.

A total of 15 brokerages have issued a ratings update on Old Dominion Freight Line. Four brokerages rating the company a strong buy, four brokerages rating the company a buy, nine brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $71.40.

General Company Details For Old Dominion Freight Line (NASDAQ:ODFL)

Old Dominion Freight Line, Inc. is a union-free motor carrier providing regional, inter-regional and national less-than-truckload (LTL) services. 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. 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. As of December 31, 2016, the Company operated 226 service center locations, of which it owned 182 and leased 44. As of December 31, 2016, its network included 10 breakbulk facilities located in Rialto, California; Atlanta, Georgia; Columbus, Ohio; Indianapolis, Indiana; Greensboro, North Carolina; Harrisburg, Pennsylvania; Memphis and Morristown, Tennessee; Dallas, Texas, and Salt Lake City, Utah. As of December 31, 2016, the Company owned 7,994 tractors.

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Related Posts To Old Dominion Freight Line (NASDAQ:ODFL) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.


Old Dominion Freight Line (NASDAQ:ODFL) has been upgraded to Hold in a statement by Zacks Investment Research earlier today. Rating: 4.5 Posted by: Brot Trune

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