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ODFLOld Dominion Freight Line, Inc.Buy Wait6.0·$172.35
Buy WaitModerate Confidence
Investment thesis

Old Dominion Freight Line is a top-tier quality operator in less-than-truckload trucking with a Piotroski score of 6.7, industry-leading ROA and margins, and a solid 3/4 earnings beat streak, but the stock trades well above its analyst price targets at a forward P/E of 37.4x, making the near-term risk/reward unfavorable.

Thesis pillars

  • Best In Class Margins Roe↑Improving
  • Earnings Beat Execution↑Improving
  • Expensive Valuation Forward Pe↑Improving
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026, based on the 10-K filed Feb 24, 2026

Full reasoning →

Open full analysis

Old Dominion Freight Line, Inc. (ODFL) Stock Analysis

Temporary headwind edge

Buy WaitGrowthQualityModerate Confidence

Industrials · Trucking

Wait for pullback to $166.11. Weak momentum; also recent C-suite change — blocks BUY_NOW at $172.35. Engine's entry $166.11 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Industrials): -0.7; Negative momentum.

We are one of the largest North American less-than-truckload ("LTL") motor carriers. We provide regional, inter-regional and national LTL services through a single integrated, union-free organization. Our service offerings, which include expedited transportation, are provided... Read more

$172.35+12.5% A.UpsideScore 6.0/10#2 of 13 Trucking
QualityF-score9 / 9FCF yield—
IncomeYield0.67%(5y avg 0.44%)Payout21.92%sustainable
Entry $166.11(Atr Pullback Sticky)Stop $160.58Target $193.89(analyst − 10%)A.R:R 1.7:1
Analyst consensus$215.43+25.0%21 analysts
$193.89our TP
$172.35price
$215.43mean
$156
$245

Wait for pullback to $166.11. Weak momentum; also recent C-suite change — blocks BUY_NOW at $172.35. Engine's entry $166.11 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Industrials): -0.7; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.0/10, moderate confidence.

Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, earnings proximity 95d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-10-30
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Feb 3, 202795d to earnings· next earnings call

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=8.5 in RISK_OFF)
Strong earnings beat streak (4/4)
Earnings estimates trending UP
Risks
Sector modifier (Industrials): -0.7
Negative momentum

Key Metrics

P/E (TTM)30.9
P/E (Fwd)25.6
Mkt Cap$35.7B
EV/EBITDA18.5
Profit Mgn20.1%
ROE26.0%
Rev Growth13.1%
Beta—
Dividend0.67%
Rating analysts31

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C2.77bearish
IV39%normal
Max Pain$160-7.2% vs spot

Material Events(8-K, last 90d)

  • 2026-09-22Item 5.02MEDIUM
    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 22, 2026, John D. Kasarda, Ph.D. notified Old Dominion Freight Line, Inc.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
2.2
Rsi
3.5
Volume
8.5
Volume distribution (falling OBV)Below 200-MA but MA still rising (+1.7%/30d) — pullback in uptrend, not confirmed weakness
GatesMomentum 3.0<4.5Executive change: officer departure/appointmentA.R:R 1.7 ≥ 1.5Insider activity: OKEARNINGS PROXIMITY 95d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
38 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MADEATH CROSSSupport $165.55Resistance $194.01

Price Targets

$161
$166
$194
A.Upside+12.5%
A.R:R1.7:1

Position Sizing

ConvictionHigh conviction
Suggested %1.7%
Max %3.4%
RegimeRisk-Off

Risk Alerts

! News modifier +1: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! momentum at 3.0 (below the engine's 4.5 threshold)

Earnings

B
B
B
B
4/4 beats
Next Earnings2027-02-03 (95d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ODFL stock a buy right now?

Wait for pullback to $166.11. Weak momentum; also recent C-suite change — blocks BUY_NOW at $172.35. Engine's entry $166.11 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Industrials): -0.7; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $193.89 (+12.5%), stop $160.58 (−7.3%), A.R:R 1.7:1. Score 6.0/10, moderate confidence.

What is the ODFL stock price target?

Take-profit target: $193.89 (+12.5% upside). Target $193.89 (+12.5%), stop $160.58 (−7.3%), A.R:R 1.7:1. Stop-loss: $160.58.

What are the risks of investing in ODFL?

Sector modifier (Industrials): -0.7; Negative momentum.

Is ODFL overvalued or undervalued?

Old Dominion Freight Line, Inc. trades at a P/E of 30.9 (forward 25.6). TrendMatrix value score: 4.6/10. Verdict: Buy (Wait for Entry).

What do analysts say about ODFL?

31 analysts cover ODFL with a consensus score of 3.6/5. Average price target: $215.

What does Old Dominion Freight Line, Inc. do?We are one of the largest North American less-than-truckload ("LTL") motor carriers. We provide regional,...

We are one of the largest North American less-than-truckload ("LTL") motor carriers. We provide regional, inter-regional and national LTL services through a single integrated, union-free organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, we also provide LTL services throughout North America.

Related stocks: TFII (TFI International Inc.) · SAIA (Saia, Inc.) · SNDR (Schneider National, Inc.) · XPO (XPO, Inc.) · KNX (Knight-Swift Transportation Hol)
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