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Added to YB: 2024-01-16

Pitch date: 2024-01-16

ODFL [bullish]

Old Dominion Freight Line, Inc.

+11.19%

current return

Author Info

No bio for this author

Company Info

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America.

Market Cap

$39.3B

Pitch Price

$186.79

Price Target

N/A

Dividend

0.61%

EV/EBITDA

22.57

P/E

39.49

EV/Sales

7.17

Sector

Ground Transportation

Category

turnaround

Show full summary:
Wedgewood Partners holding: Old Dominion Freight Line ($ODFL)

$ODFL Q4 rev slightly down as shipping normalizes post-frenzy. Pricing power amid volume dip shows value of 2-day service. As freight stabilizes post $YELL BK, $ODFL to resume long-term operating leverage & share gains vs other modes. Trimmed earlier on $YELL hype, still long given best-in-class ops.

Read full article (1 min)