Old Dominion Freight Line | ODFL

Daily Technical Analysis of Old Dominion Freight Line

Investors didn't show much interest in one Old Dominion Freight Line way or another today. It hasn't moved too much today but is slightly down, it lost -0.11% since yesterday.

Currently ODFL isn't at a clear support/resistance line that seems tradable. Old Dominion Freight Line has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. ODFL might find some support at the 377.86 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Old Dominion Freight Line By Price Target And Rating

Overall, the analysts have a more negative view on Old Dominion Freight Line but it's not a very strong negative. The current Analysts Sentiment Score is -33.01. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JPMorgan Chase & Co. provided a price target decease of -0.86% to $231.00 from $233.00 on 2024-04-09. On 2024-04-04 Barclays decreased their price target to 210.00. Bank of America announced that they are reiterating a rating of Buy on 2024-03-06 and moved up their price target to $223.00 which is a 0.68% increase. On 2024-02-08 The Goldman Sachs Group increased their price target by 11% to $222.00. Susquehanna boosted their price targ by 10.75% to $257.50 on 2024-02-08. On 2024-01-10 Stifel Nicolaus increased their price target by 4.33% to $217.00. Raymond James announced a lowering of their price target to $207.50 from $212.50 on 2023-12-11. On 2023-11-27 there was a downgrade announced by Deutsche Bank Aktiengesel from Buy to Hold and decided to decrease their price target by -18.74% down to $193.00. Morgan Stanley gave a boost to their price target and moved to $180.00 from $179.00 on 2023-10-26. Wells Fargo & Company dropped their price target by -13.86% to $217.50 on 2023-10-26.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Old Dominion Freight Line

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Old Dominion Freight Line

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.